How did GTE's Q4 2024 earnings surprise investors?

**Gran Tierra Energy's (GTE) Q4 2024 earnings did not produce a positive surprise for investors**. Here are the key points from the earnings report: 1. **No EPS Surprise**: The EPS surprise for GTE in Q4 2024 was not provided, which makes it impossible to gauge whether the company's performance exceeded or fell short of expectations. 2. **Revenue Surprise Unavailable**: Similarly, the revenue surprise for GTE in Q4 2024 was also not available, which prevents an assessment of whether revenue figures met or exceeded market expectations. 3. **Net Income and Funds Flow**: GTE reported a net income of $1 million for the quarter, and funds flow from operations was $60 million, or $1.96 per share, representing a 31% increase from the prior quarter. 4. **EBITDA and Oil Sales**: The company's adjusted EBITDA was $93 million, compared to $103 million in the previous quarter, and oil sales were $15 million. 5. **Strategic Acquisition and Operational Efficiency**: Despite lower oil sales and limited profitability, GTE achieved a significant reserves increase and operational cost reductions. The company's capital expenditures were higher than in the previous quarter, indicating investment in growth opportunities. In conclusion, while GTE showed positive financial indicators such as increased funds flow and operational efficiency, the lack of EPS and revenue surprises suggests that the company's performance may not have met the heightened expectations of investors, leading to a potential disappointment.