We have modestly increased our target price to $5.00 per share, which is based on our slightly increased risked NAV estimate of $5.08 per share and derives a 2016e target DACF multiple of 6.4x (FCC price deck).

19 Jan 2016
Gran Tierra Energy Announces 2016 Production Guidance and Flexible Capital Program

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Gran Tierra Energy Announces 2016 Production Guidance and Flexible Capital Program
Gran Tierra Energy Inc. (GTE:LON) | 305 0 0.0% | Mkt Cap: 107.6m
- Published:
19 Jan 2016 -
Author:
Darren B. Engels -
Pages:
8 -
We have modestly increased our target price to $5.00 per share, which is based on our slightly increased risked NAV estimate of $5.08 per share and derives a 2016e target DACF multiple of 6.4x (FCC price deck).