Gran Tierra Energy (AMEX:GTE)

Harvesting a score of +5.07, while lowering my cost basis slightly (from $6.12 to just under $6).

This one is a gamble. The biggest risk is from geo-political perspective. Columbia and Peru both have anti-govt forces that could make hundreds of millions assets, 5-10 years hard effort, into nothing over night. Business risks can mitigated, political risks can be out of control of anyone. I'd not play this one for real.

Good cash on their balance sheet and a nose for oil makes me like this stock.

Massive oil reserves in South America with $177 in cash....low risk entry point.

It is a good growth stock in a sector sure to be profitable.

Quality small-cap oil stock

Alright. Here is another company that appears to be overlooked and might be a real value at these price levels.

Ticker: GTE

They are involved with oil and gas exploration and production within some South American countries such as Peru and Columbia, and are doing it very well!

Recently their revenues grew by 60% and their earnings grew by a full 200%!

Yet, as of now, the company is trading at just 7 times the expected earnings for next year. This gets even better due to the fact they have $0 debt, but also have $148 million in cash (on an $811 million market cap). So on an enterprise valuation multiple it is even cheaper.

This has a chance to really continue this growth as managements "vision" is to be eventually producing 100,000 barrels of oil a day. Currently as of Q1 09 they are producing 10,390 barrels a day. And even if oil prices drop from the recent run they have had, this company appears to be positioned well as they stated in this conference call (http://www.wsw.com/webcast/rbc102/panel3/) that they are still comfortable maintaining current operations even if oil dropped back to $30 a barrel.

Technically, the stock appears to have hit a bottom last October and has since formed a nice base around the $2 level. Currently it looks to be at the high end of the uptrend that started late October, but at $3.36 it still seems like a bargain even though a slight pull-back seems likely to occur.

RK

Set to roar soon. No debt with lots of cash and increasing revenue and profits.

This is a gem that not many heard of due to it being relatively new (only 4 years) and small (675M). Great potential lies ahead for its operations in Colombia, Argentina and Peru. Total revenue grew from 1.1mil in its first year to a whopping 114mil last year. No debt at all with almost 150 mil in cash which is 5 time its Q1 2009 revenue. The company recorded a net income of 23.5mil last year and even during the recession and the drop in oil commodity it still manage to post a 14.1mil net profit in Q1. Wow! This is among my top ten greatest stock pick.

Experienced Mgmt, Impressive financials, One of the few oil stocks that has more institutioal buyers rather than sellers. Highly recommend going to the website and reading.

Oil prices are up, and this company will profit from it.

I wish I had funds to buy some of this oil-play right now.

I've really liked this stock for a while now and feel that today is a good time to get back in. The company has no debt, and cash flows like a popped fire hydrant. I own this in my personal account.

(GTE) Gran Tierra Energy, Inc., a Calgary, Canada independent energy company founded in 2005, engages in oil and gas exploration, development, and production in Colombia, Argentina, and Peru. Dana Coffield, President and Chief Executive Officer, stated, "The outstanding third quarter 2008 results represent the fifth consecutive quarterly increase in revenues and profitability...The balance of 2008 and preliminary 2009 work program and budget is fully funded from existing cash and cash flow from operations at current oil prices. With the pending business combination with Solana Resources, Gran Tierra Energy will be financially and operationally positioned to continue its growth as a premier international oil and gas company." Those stellar 3rd quarter numbers are as follows: 3 Qtr.'08 Revenue growth was 401.5% YOY and earnings growth for the same period was 2,007.0%. That's NOT a typo. That thoroughly explains why major funds like Penn Series, Summit, PNC and Bank of New York Mellon have recently established new holdings and funds like Merril Lynch, Morgan Stanley, AIG, US Bancorp De, Pacific, Credit Suisse, Vanguard, JP Morgan, Met Life, Barclays, Tiaa Cref, Padco and AXA have been adding LARGE amounts of stock to their existing positions. I may be a bit early on this one, but I feel it's long term upside far outweighs any short term pull backs or corrections. It may even trade sideways for a bit as there has been a lot of historical trading in between $3 and $5. If it can get through $5 it will have no trouble getting to $8 and anything above that will be uncharted territory for them. It's in a nice buy point at , however, I would rather wait and see if it can get through it's short term resistance level of $3.50 to avoid a double top which would certainly send it back down to it's 50 day line. It is trying to make a 50/100 moving average cross but there just hasn't been enough volume to punch it through. They have yet to announce year end/4th Qtr. 2008 earnings but you can bet that if the growth numbers are even half as good as Q3, this stock could shoot straight up and not look back for a very long time.

Oil will increase back to profitable pricing. At that this small caper should move strong under any buying pressure.

GTE recently merged with their JV partner, Solana. The two companies were 50% WI each in the Costayaco field in Colombia. High netback oil with large wells. Merged company has 11.6k bpd production and guiding to exit 2008 at 15K. Made .18eps and should make .14-.16eps for Q4, in spite of dropping oil.

Costayaco has several development wells to drill and the company has a large acreage position in Colombia for exploration of oil and gas. Also has production in Argentina but will not invest further until political issues become clearer. Also has prospective land in Peru.

Very cheap with .18eps reported for Q3 and likely .14 to .16 eps for Q4 after dilution from merger and dropping oil prices partially offset by increased production.

High growth potential with favorable production terms in Colombia. Bobwins

merger with sor.v to be completed by end of 11/08. combined companies will have 100+ million in cash without any debt and can supply necessary financing from free cash flow. expected to increase production from current 5000 bbl oil/day to 15000 by end of year. undervalued at $2.28/sh with forward p/e of 2.92

They are moving from being an exploration company to a profit generating money machine.

Alot of plans seem to be coming together for this company and their numbers are already pretty solid before they even begin to reap the benefits.