
According to Benzinga Pro data Gran Tierra Energy (AMEX:GTE) posted a 77.42% decrease in earnings from Q4. Sales, however, increased by 19.33% over the previous quarter to $174.57 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Gran Tierra Energy is not utilizing their capital as effectively as possible. Gran Tierra Energy reached earnings of $62.52 million and sales of $146.29 million in Q4.