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Gran Tierra Energy (TSX:GTE) 6-Month Price Index : 1.43 (As of May. 15, 2024)


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What is Gran Tierra Energy 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-15), Gran Tierra Energy's 6-Month Price Index is 1.43.

Competitive Comparison of Gran Tierra Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Gran Tierra Energy's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gran Tierra Energy  (TSX:GTE) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gran Tierra Energy  (TSX:GTE) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Gran Tierra Energy 6-Month Price Index Related Terms

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Gran Tierra Energy (TSX:GTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gran Tierra Energy Inc (TSX:GTE) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:ALV TSX:CNE TSX:JOY TSXV:RECO TSX:VLE TSX:IPO TSXV:ORC.A TSX:BNE TSX:SOIL TSX:KEI COP HKSE:00883 TSX:CNQ EOG PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
GTE:USA GTE:UK G1P0:Germany
Address
500 Centre Street South East, Calgary, AB, CAN, T2G 1A6
Website
https://www.grantierra.com
Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.
Executives
Ronald William Royal Director