The VP, Exploration of Gran Tierra Energy (NYSE: GTE) is Buying Shares

By Carrie Williams

Today, the VP, Exploration of Gran Tierra Energy (NYSE: GTE), Lawrence West, bought shares of GTE for $76.16K.

Following this transaction Lawrence West’s holding in the company was increased by 12.27% to a total of $673.3K.

The company has a one year high of $3.49 and a one year low of $1.79. Currently, Gran Tierra Energy has an average volume of 1.34M.

Six different firms, including Canaccord Genuity and Raymond James, currently also have a Buy rating on the stock.

The insider sentiment on Gran Tierra Energy has been positive according to 30 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas. It operates through the following geographical segments: Colombia, Peru, Brazil, and All Other. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.