The stock price action also warns of a troubled future outlook.
The third quarter report of Gran Tierra Energy (GTE) has an interesting statement that every investor should know about:
Beyond the next 12 months, the Company may require the support of its lenders to renew existing lending
Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.
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