These Catalysts Make Gran Tierra Energy Inc.(TSX:GTE)(NYSE:GTE) a Turnaround Opportunity

It has been a tough time for investors in Gran Tierra Energy Inc. (TSX:GTE)(NYSE:GTE), as it has consistently failed to unlock value for shareholders, despite its promising assets and operations. This is now set to change with activist investor West Face. West Face holds almost 10% of the company, thereby winning a victory in its battle with existing management. As a result, West Face has been able to select a new CEO and will nominate four directors to the board.
I believe this could be one of the catalysts required to have a marked improvement in Gran Tierra’s performance, which will unlock value for investors. (more)

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