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The share price of Gran Tierra Energy Inc. (NYSE:GTE) surged by 18.18% between June 11 and June 18, 2025, putting it among the Energy Stocks that Gained the Most This Week.
A pipeline snaking through a desert canyon, representing a energy’s transport infrastructure.
Gran Tierra Energy Inc. (NYSE:GTE), an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador.
Gran Tierra Energy Inc. (NYSE:GTE) surged this week after Equinox Partners Investment Management LLC, a major shareholder, notably increased its stake in the company. Moreover, GTE has also reported transactions involving the acquisition of common shares by its directors and key managerial personnel through the Employee Share Savings Plan, further restoring investor confidence in the company.
Earlier this month, Gran Tierra Energy Inc. (NYSE:GTE) also signed an agreement to sell its wholly-owned subsidiary, Gran Tierra North Sea Limited, to NEO Energy for $7.5 million. The strategic move is aimed at focusing on core operations in Canada, Colombia, and Ecuador.
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Source: msn
