2016 Q4 Form 10-Q Financial Statement
#000127344116000088 Filed on November 07, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q4 |
---|---|---|---|
Revenue | $91.60M | $68.50M | $54.80M |
YoY Change | 67.15% | -9.51% | -44.59% |
Cost Of Revenue | $31.90M | $31.40M | $26.50M |
YoY Change | 20.38% | -7.1% | -19.21% |
Gross Profit | $59.70M | $37.10M | $28.30M |
YoY Change | 110.95% | -11.46% | -57.19% |
Gross Profit Margin | 65.17% | 54.16% | 51.64% |
Selling, General & Admin | $12.60M | $5.600M | $6.900M |
YoY Change | 82.61% | -29.11% | -37.84% |
% of Gross Profit | 21.11% | 15.09% | 24.38% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $35.00M | $35.70M | $33.10M |
YoY Change | 5.74% | -390.24% | -27.73% |
% of Gross Profit | 58.63% | 96.23% | 116.96% |
Operating Expenses | $53.50M | $41.30M | -$177.9M |
YoY Change | -130.07% | -80.59% | -424.04% |
Operating Profit | $6.200M | -$4.200M | $206.2M |
YoY Change | -96.99% | -97.54% | 1741.07% |
Interest Expense | -$6.100M | -$6.000M | -$4.700M |
YoY Change | 29.79% | -156.6% | -117.6% |
% of Operating Profit | -98.39% | -2.28% | |
Other Income/Expense, Net | $0.00 | $0.00 | $0.00 |
YoY Change | -140.62% | -200.0% | |
Pretax Income | -$157.5M | -$336.2M | -$124.6M |
YoY Change | 26.4% | 108.95% | -45.16% |
Income Tax | -$30.10M | -$106.6M | -$41.90M |
% Of Pretax Income | |||
Net Earnings | -$127.4M | -$229.6M | -$82.70M |
YoY Change | 54.05% | 125.39% | -69.35% |
Net Earnings / Revenue | -139.08% | -335.21% | -150.91% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$343.3K | -$713.7K | -$292.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 347.3M shares | 321.7M shares | 274.5M shares |
Diluted Shares Outstanding | 321.7M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.20M | $50.60M | $151.6M |
YoY Change | -83.38% | -73.92% | -55.34% |
Cash & Equivalents | $25.18M | $48.07M | $145.3M |
Short-Term Investments | $0.00 | $2.500M | $6.300M |
Other Short-Term Assets | $26.70M | $3.003M | $5.848M |
YoY Change | 356.57% | -31.75% | -25.37% |
Inventory | $7.766M | $11.81M | $19.06M |
Prepaid Expenses | |||
Receivables | $45.70M | $20.83M | $29.22M |
Other Receivables | $32.90M | $31.70M | $28.70M |
Total Short-Term Assets | $131.7M | $136.3M | $234.4M |
YoY Change | -43.83% | -48.81% | -49.43% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.067B | $1.204B | $789.0M |
YoY Change | 35.19% | 36.46% | -30.11% |
Goodwill | $102.6M | $102.6M | $102.6M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $23.63M | $24.85M | $16.86M |
YoY Change | 40.11% | 272.5% | 83.23% |
Total Long-Term Assets | $1.236B | $1.351B | $911.7M |
YoY Change | 35.6% | 34.47% | -27.09% |
TOTAL ASSETS | |||
Total Short-Term Assets | $131.7M | $136.3M | $234.4M |
Total Long-Term Assets | $1.236B | $1.351B | $911.7M |
Total Assets | $1.368B | $1.487B | $1.146B |
YoY Change | 19.35% | 17.02% | -33.13% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $107.1M | $96.80M | $70.80M |
YoY Change | 51.27% | 272.54% | -37.01% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $127.5M | $0.00 | |
YoY Change | |||
Total Short-Term Liabilities | $155.0M | $234.5M | $73.99M |
YoY Change | 109.52% | 210.29% | -67.02% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $197.1M | $172.8M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $11.43M | $11.21M | $4.815M |
YoY Change | 137.28% | -66.72% | -86.88% |
Total Long-Term Liabilities | $353.9M | $390.1M | $70.49M |
YoY Change | 402.06% | 260.26% | -66.91% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $155.0M | $234.5M | $73.99M |
Total Long-Term Liabilities | $353.9M | $390.1M | $70.49M |
Total Liabilities | $508.9M | $624.6M | $144.5M |
YoY Change | 252.24% | 239.72% | -66.97% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$494.0M | -$366.6M | -$28.41M |
YoY Change | 1638.91% | -774.98% | -111.85% |
Common Stock | $10.30M | $10.26M | $10.19M |
YoY Change | 1.15% | 0.72% | -0.04% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $859.0M | $862.6M | $1.002B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.368B | $1.487B | $1.146B |
YoY Change | 19.35% | 17.02% | -33.13% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$127.4M | -$229.6M | -$82.70M |
YoY Change | 54.05% | 125.39% | -69.35% |
Depreciation, Depletion And Amortization | $35.00M | $35.70M | $33.10M |
YoY Change | 5.74% | -390.24% | -27.73% |
Cash From Operating Activities | $6.600M | $48.20M | $3.700M |
YoY Change | 78.38% | -13.77% | -95.16% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$58.10M | -$25.10M | -$41.80M |
YoY Change | 39.0% | 9.13% | -70.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $5.600M | -$413.1M | -$400.0K |
YoY Change | -1500.0% | -68950.0% | -100.92% |
Cash From Investing Activities | -$52.40M | -$438.3M | -$42.30M |
YoY Change | 23.88% | 1848.0% | -56.57% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 17.00M | 275.8M | -3.300M |
YoY Change | -615.15% | -4278.79% | 3200.0% |
NET CHANGE | |||
Cash From Operating Activities | 6.600M | 48.20M | 3.700M |
Cash From Investing Activities | -52.40M | -438.3M | -42.30M |
Cash From Financing Activities | 17.00M | 275.8M | -3.300M |
Net Change In Cash | -28.80M | -114.3M | -41.90M |
YoY Change | -31.26% | -526.49% | 98.58% |
FREE CASH FLOW | |||
Cash From Operating Activities | $6.600M | $48.20M | $3.700M |
Capital Expenditures | -$58.10M | -$25.10M | -$41.80M |
Free Cash Flow | $64.70M | $73.30M | $45.50M |
YoY Change | 42.2% | -7.1% | -79.06% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
|
500000 | USD | |
dei |
Amendment Flag
AmendmentFlag
|
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
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Document Fiscal Period Focus
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|
Q3 | ||
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Document Fiscal Year Focus
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|
2016 | ||
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Document Period End Date
DocumentPeriodEndDate
|
2016-09-30 | ||
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Document Type
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10-Q | ||
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Entity Registrant Name
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GRAN TIERRA ENERGY INC. | ||
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Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Restricted Cash Current
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Asset Retirement Obligation Liabilities Assumedin Acquisition
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Common Shares Exchangeable Shares Issued
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Debt Instrument Collateral Promissory Notes Provided As Collateral For Letters Of Credit
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Debt Instrument Collateral Promissory Notes Provided As Collateral For Letters Of Credit
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Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
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Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
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Foreign Equity Tax Expense
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|
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Oil Pipelineand Trucking Costs
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Oil Pipelineand Trucking Costs
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Asset Impairment Charges
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Asset Retirement Obligation
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Asset Retirement Obligation Liabilities Incurred
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Business Combination Acquisition Related Costs
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Business Combination Bargain Purchase Gain Recognized Amount
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Business Combination Bargain Purchase Gain Recognized Amount
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Business Combination Bargain Purchase Gain Recognized Amount
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Period Increase Decrease
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Commitments And Contingencies
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Commitments And Contingencies
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|
USD | |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
570000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
273442799 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
347291709 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
273442799 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
347291709 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
10186000 | USD |
CY2016Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
10260000 | USD |
CY2015Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
236815000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
465759000 | USD | |
CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
405460000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
704027000 | USD | |
CY2015Q4 | us-gaap |
Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
|
17800000 | USD |
CY2016Q3 | us-gaap |
Crude Oil And Natural Gas Liquids
CrudeOilAndNaturalGasLiquids
|
9600000 | USD |
CY2015Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
3523000 | USD |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
11632000 | USD | |
CY2016Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
3879000 | USD |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
11680000 | USD | |
CY2015Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
0 | USD |
CY2016Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
9691000 | USD |
CY2015Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-62542000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-69781000 | USD | |
CY2016Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-110451000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-166202000 | USD | |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
34592000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
161080000 | USD |
us-gaap |
Derivative Cost Of Hedge
DerivativeCostOfHedge
|
4600000 | USD | |
CY2015Q4 | us-gaap |
Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
|
0 | USD |
CY2016Q3 | us-gaap |
Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
|
5226000 | USD |
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.36 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.65 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.71 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.11 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-6196000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-452000 | USD | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.24 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.31 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | ||
CY2015Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
3900000 | USD |
CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
9800000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y | ||
CY2015Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
12923000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
21492000 | USD | |
CY2016Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
507000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1059000 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
13093000 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-2437000 | USD | |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7863000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
25455000 | USD | |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5592000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
20614000 | USD | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
102581000 | USD |
CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
102581000 | USD |
CY2015Q3 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
149978000 | USD |
us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
217277000 | USD | |
CY2016Q3 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
319974000 | USD |
us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
469051000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-160896000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-243456000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-336191000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-492732000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-59019000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-58149000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-106572000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-154522000 | USD | |
CY2015Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
28635000 | USD |
CY2016Q3 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
31660000 | USD |
CY2015Q4 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
8276000 | USD |
CY2016Q3 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
9468000 | USD |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-36155000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-11297000 | USD | |
us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
0 | USD | |
us-gaap |
Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
|
4563000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-47483000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
13230000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1599000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-3630000 | USD | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
27368000 | USD | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
-18097000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-2538000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-1864000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-52133000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-15233000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-298000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
5334000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
0 | USD |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
0 | USD | |
CY2016Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
5122000 | USD |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
7842000 | USD | |
CY2015Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
266000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1069000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
730000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1928000 | USD | |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
19056000 | USD |
CY2016Q3 | us-gaap |
Inventory Net
InventoryNet
|
11808000 | USD |
CY2015Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
CY2015Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD | |
CY2016Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
CY2016Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
700000 | USD | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
664000 | USD | |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1146118000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1487157000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
73991000 | USD |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
234465000 | USD |
CY2015Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
70485000 | USD |
CY2016Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
390112000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
0 | USD |
CY2016Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
300309000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
127519000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
0 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
172790000 | USD |
CY2015Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
6250000 | USD |
CY2016Q3 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
2536000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6014000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
390052000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-191239000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-573268000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
58579000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
86399000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-101877000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-185307000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-229619000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-338210000 | USD | |
CY2015Q4 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
780360000 | USD |
CY2016Q3 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
1196007000 | USD |
CY2015Q3 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
75653000 | USD |
us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
221234000 | USD | |
CY2016Q3 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
68539000 | USD |
us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
197655000 | USD | |
CY2015Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
20894000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
61313000 | USD | |
CY2016Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
25638000 | USD |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
62453000 | USD | |
CY2015Q4 | us-gaap |
Other Assets
OtherAssets
|
254544000 | USD |
CY2016Q3 | us-gaap |
Other Assets
OtherAssets
|
180645000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5848000 | USD |
CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3003000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
8511000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
24846000 | USD |
CY2015Q4 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
1300000 | USD |
CY2016Q3 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
2200000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
4815000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
11214000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
6616000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
471631000 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
114793000 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
69667000 | USD | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
0 | USD | |
us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
220169000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
600000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
602000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5169000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5200000 | USD | |
CY2015Q3 | us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
0 | USD |
us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
800000 | USD | |
us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
788000 | USD | |
CY2015Q3 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
23475000 | USD |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
114793000 | USD | |
CY2016Q3 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
25080000 | USD |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
69667000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2337443000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3318412000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
788993000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1203931000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
8633000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
7924000 | USD |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
110181000 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
92000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
13198000 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
3317000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
9993000 | USD |
CY2015Q3 | us-gaap |
Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
55015000 | USD |
us-gaap |
Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
143343000 | USD | |
CY2016Q3 | us-gaap |
Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
35729000 | USD |
us-gaap |
Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
104525000 | USD | |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-28407000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-366617000 | USD |
CY2015Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
461000 | USD |
us-gaap |
Severance Costs1
SeveranceCosts1
|
6827000 | USD | |
CY2016Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
0 | USD |
us-gaap |
Severance Costs1
SeveranceCosts1
|
1299000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2126000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4380000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
|
1363000 | USD | |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
12851557 | shares |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
9140670 | shares |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.60 | |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.19 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.47 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
6.41 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
6.11 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.67 | ||
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
57835134 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
2165370 | shares | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1001642000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
862580000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1001642000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
862580000 | USD |
CY2015Q3 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
149978000 | USD |
us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
217277000 | USD | |
CY2016Q3 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
319974000 | USD |
us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
469715000 | USD | |
CY2015Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1067000 | USD |
CY2016Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
6444000 | USD |
CY2015Q3 | us-gaap |
Trading Gains Losses
TradingGainsLosses
|
-2670000 | USD |
us-gaap |
Trading Gains Losses
TradingGainsLosses
|
-570000 | USD | |
CY2016Q3 | us-gaap |
Trading Gains Losses
TradingGainsLosses
|
-701000 | USD |
us-gaap |
Trading Gains Losses
TradingGainsLosses
|
-2926000 | USD | |
CY2015Q4 | us-gaap |
Trading Securities
TradingSecurities
|
6250000 | USD |
CY2016Q3 | us-gaap |
Trading Securities
TradingSecurities
|
2536000 | USD |
CY2016Q3 | us-gaap |
Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
|
-700000 | USD |
us-gaap |
Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
|
-2900000 | USD | |
us-gaap |
Underlying Derivative Flow Rate
UnderlyingDerivativeFlowRate
|
1.25 | ||
CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
285592382 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
286057952 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
321725379 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
304098944 | shares | |
us-gaap |
Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Derivatives </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's commodity price and foreign currency derivatives are recorded on its interim unaudited condensed consolidated balance sheet at fair value as either an asset or a liability with changes in fair value recognized in the interim unaudited condensed consolidated statements of operations. While the Company utilizes derivative instruments to manage the price risk attributable to its expected oil production and foreign exchange risk, it has elected not to designate its derivative instruments as accounting hedges under the accounting guidance. </font></div></div> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gran Tierra Energy Inc., a Delaware corporation (the “Company” or “Gran Tierra”), is a publicly traded company focused on oil and natural gas exploration and production in Colombia. The Company also has business activities in Peru and Brazil.</font></div></div> |