Gran Tierra Energy reports $23m net profit in Q3

This was linked to lower costs and stable production.

Gran Tierra Energy Inc. reported a net profit of $23m (US$18m) for Q3 2025, reversing a loss a year earlier as higher oil prices and lower operating costs lifted margins.

Revenue rose to $214m (US$164m), whilst operating margin increased to 11% from 8% last year. The improvement was attributed to reduced transportation and administrative expenses.

Average oil production was 31,000 barrels per day, slightly lower than the previous quarter because of maintenance activity. The Acordionero field in Colombia remained the key production source, supported by lower lifting costs.

Gran Tierra reaffirmed its 2025 production target of 30,000 to 32,000 barrels per day and said it expects to maintain positive cash flow if Brent crude prices average above $104 (US$80) per barrel.

(1 SGD = 0.77 USD)

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