Brooke Wade - Gran Tierra Independent Director

GTE Stock  USD 6.77  0.64  10.44%   

Director

Mr. Brooke N. Wade is Independent Director of the Company. He is the President of Wade Capital Corporationrationration, a private investment company active in private equity, oil and gas, real estate and industrial businesses. From 1994 until 2005, Mr. Wade was the cofounder and Chairman and Chief Executive Officer of Acetex Corporationrationration, a publicly traded chemical company specializing in acetyls, specialty polymers, and films. In July 2005, Acetex was acquired by Blackstone. Prior to founding Acetex Corporationrationration, Mr. Wade was founding President and Chief Executive Officer of Methanex Corporationrationration. In 1991, Ocelot Industries spun out its oil and gas assets and began a plan of growth through acquisition into what is today Methanex Corporation the worlds largest methanol producer. Prior to joining Ocelot, he was involved in a number of independent business ventures. Mr. Wade serves on the board of Kinder Morgan Canada Limited and also serves on the boards of several private companies including Novinium, Inc., Belkin Enterprises Ltd., and is a member of the Advisory Board of Northbridge Capital Partners and is a participant of AEA Investors groups of funds. In addition, Mr. Wade is a member of the Deans Advisory Council of the John F. Kennedy School of Government at Harvard University since 2015.
Age 65
Tenure 9 years
Address 500 Centre Street South East, Calgary, AB, Canada, T2G 1A6
Phone403 265 3221
Webhttps://www.grantierra.com
Wade earned a Bachelor of Commerce Degree from the University of Calgary in 1974 and received his Chartered Accountant designation in 1977. In 2012, Mr. Wade became a Fellow of the Institute of Chartered Accountants of British Columbia. Qualifications: Mr. Wade’s extensive executive experience provides the Board with strong leadership and decisionmaking capabilities. Having served as chief executive officer of two public companies, Mr. Wade has deep knowledge of key business issues, including finance and capital markets.

Brooke Wade Latest Insider Activity

Tracking and analyzing the buying and selling activities of Brooke Wade against Gran Tierra stock is an integral part of due diligence when investing in Gran Tierra. Brooke Wade insider activity provides valuable insight into whether Gran Tierra is net buyers or sellers over its current business cycle. Note, Gran Tierra insiders must abide by specific rules, including filing SEC forms every time they buy or sell Gran Tierra'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Gran Tierra Management Efficiency

The company has Return on Asset of 0.0651 % which means that on every $100 spent on assets, it made $0.0651 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1107 %, implying that it generated $0.1107 on every 100 dollars invested. Gran Tierra's management efficiency ratios could be used to measure how well Gran Tierra manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.17, whereas Return On Tangible Assets are forecasted to decline to (0). At present, Gran Tierra's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 184.1 M, whereas Other Assets are forecasted to decline to about 35 M.
Gran Tierra Energy has 555.14 M in debt with debt to equity (D/E) ratio of 1.46, which is OK given its current industry classification. Gran Tierra Energy has a current ratio of 0.71, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gran to invest in growth at high rates of return.

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Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was incorporated in 2003 and is headquartered in Calgary, Canada. Gran Tierra operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 319 people. Gran Tierra Energy (GTE) is traded on NYSE MKT Exchange in USA. It is located in 500 Centre Street South East, Calgary, AB, Canada, T2G 1A6 and employs 351 people. Gran Tierra is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Gran Tierra Energy Leadership Team

Elected by the shareholders, the Gran Tierra's board of directors comprises two types of representatives: Gran Tierra inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gran. The board's role is to monitor Gran Tierra's management team and ensure that shareholders' interests are well served. Gran Tierra's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gran Tierra's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ronald Royal, Independent Director
Manuel Buitrago, President Colombia
Evan Hazell, Independent Director
Ryan Ellson, Chief Financial Officer, Executive Vice President
Robert Hodgins, Independent Chairman of the board
Ryan CA, Executive CFO
Glen Mah, Vice President - Business Development
Sondra Scott, Independent Director
Jim Evans, Vice President - Corporate Services
Rodger Trimble, Vice President - Investor Relations
James Evans, Vice President - Corporate Services and Compliance
CA CA, CFO VP
Phillip Abraham, VP Development
Enrique Villalobos, President Ecuador
Sebastien Morin, Chief Officer
Gary Guidry, President, Chief Executive Officer, Director
Rodger Peng, Vice Relations
Robert Will, Vice Management
Brooke Wade, Independent Director
Gary PEng, CEO President
Lawrence West, Vice President - Exploration
David Smith, Independent Director
Peter Dey, Independent Director
Remi Berthelet, Chief Operating Officer

Gran Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gran Tierra a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's future performance. For an informed investment choice regarding Gran Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gran Tierra. If investors know Gran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gran Tierra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
1.43
Revenue Per Share
19.878
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0651
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.