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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (59354)	5/25/2019 9:09:21 AM
From: Goose94	Read Replies (1) \| Respond to of 202922

Gran Tierra Energy (GTE-T) (revisited) top pick from Josef Schachter on BNN.ca Market Call Friday May 25th @ 1200ET Gran Tierra is focused on production in basins in Colombia and last year added complimentary acreage in Ecuador that has great potential. Production in the first quarter was 38,163 barrels per day (100 per cent oil) and the stock has a market capitalization of over $1 billion. Cash flow in 2019 should be US$380 million. In 2019 they should drill 26 to 30 development wells and six to eight exploration wells with a spend including acquisitions of US$440 million. We look for Gran Tierra to exit 2019 with production in excess of 43,000 barrels per day. The stock is trading at the lowest valuation we have seen in our lengthy coverage of the company. Our one-year target is $5.50 per share. Buy on weakness below $2.75 per share.