Gran Tierra Energy (AMEX:GTE)

CAPS Rating: 3 out of 5

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Player Avatar keineahnungbaby (< 20) Submitted: 3/18/2011 2:52:07 PM : Outperform Start Price: $7.86 GTE Score: -39.01

I like the theme of North American energy, including those like GTE w/ assets outside the continent. I like the chart. I like its ability to enter into joint agreements with larger high-quality partners like Talisman Energy (TLM). I like that it's in Calgary, a city which is no longer just about the oilsands but beginning to be about energy in general. It is also a very entrepreneurial city, focused on oil, with a lot of talent from all over the world. I like that it's Canadian, which makes it a lot less scary to foreign countries where it's bidding for rights. And when was the last time you saw a small upstream oil and gas company with no debt? It's hard, if they stick to their knitting, not to see it at least doubling in five years. It'll take that and not worry too much about the volatility in between.

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