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StockNews.com
StockNews.com
Business
Subhasree Kar

Is Gran Tierra Energy a Good Oil & Gas Stock to Own in 2022?

Calgary, Canada-based Gran Tierra Energy Inc. (GTE) explores for and produces oil and gas in Colombia and Ecuador. GTE shares have gained 191% in price over the past six months and 71.3% over the past month to close yesterday’s trading session at $1.42. The stock has gained 86.6% year-to-date. Also, Wall Street analysts see a 9.9% potential upside in the stock.

The stock has been surging, driven by the bullish investor sentiment surrounding the sector. And the current oil rally is showing no sign of slowing down amid solid demand and escalating geopolitical tensions.

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