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Gran Tierra Energy posts loss of $45 million in 1st quarter

CALGARY – CALGARY, Alberta (AP) _ Gran Tierra Energy Inc. (GTE) on Wednesday reported a loss of $45 million in its first quarter.

The Calgary, Alberta-based company said it had a loss of 15 cents per share. Losses, adjusted for gains related to mergers and acquisitions, came to 19 cents per share.

The oil and natural gas company posted revenue of $57.4 million in the period.

The company’s shares closed at $2.72. A year ago, they were trading at $3.81.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTE at http://www.zacks.com/ap/GTE

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Keywords: Gran Tierra Energy, Earnings Report