Gran Tierra Energy Inc President and CEO Gary Guidry tells Proactive its biggest achievement for the year was resuming its oil production to above 30,000 barrels per day.
The company generated net income of $42.5 million, or $0.12 per share (basic and diluted) in full-year 2021, compared to a net loss of $778.0 million, or $(2.12) per share basic and diluted in 2020. The company realized adjusted EBITDA of $241.5 million, the highest since 2019, and an increase of 150% from $96.5 million in 2020.