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Qltj 2 Top Bank Stocks Set to Release Earnings: Which Is the Better Buy
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The last year has been a rough one for investors in one of Colombia s largest privately owned oil producers,聽Gran Tierra Energy TSX:GTE NYSEMKT stanley mug :GTE . The driller has lost a whopping 52% over that period despite crude rallying significantly to see the international benchmark, Brent, up by over 29%.This initially generated considerable enthusiasm among investors because it indicated that Gran Tierra was attractively valued, with considerable upside ahead.Nonetheless, Gran Tierra has failed to rally, even after the latest news regarding OPEC production cuts saw considerable optimism return to stanley mug energy markets and Brent crude rally sharply to over US$65 per barrel.This indicates that there could be deeper issues impacting Gran Tierra s operations and its ability to unlock value for shareholders.Rising geopolitical riskEarlier in 2019, Gran Tierra experienced a range of operational issues leading to product stanley cup ion outages. These included equipment failures at its Acordionero oil field in the Mi |
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