Wexford Capital LP acquired a new stake in shares of Greenfire Resources Ltd. (NYSE:GFR - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 784,615 shares of the company's stock, valued at approximately $5,845,000. Greenfire Resources accounts for 1.4% of Wexford Capital LP's portfolio, making the stock its 15th largest holding. Wexford Capital LP owned approximately 1.13% of Greenfire Resources at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Ninepoint Partners LP acquired a new position in Greenfire Resources in the second quarter valued at approximately $18,562,000. Encompass Capital Advisors LLC boosted its holdings in Greenfire Resources by 21.4% during the second quarter. Encompass Capital Advisors LLC now owns 4,374,312 shares of the company's stock worth $29,527,000 after buying an additional 771,756 shares in the last quarter. FMR LLC acquired a new stake in Greenfire Resources during the third quarter valued at $3,234,000. BW Gestao de Investimentos Ltda. purchased a new position in Greenfire Resources in the second quarter valued at $1,120,000. Finally, Luxor Capital Group LP raised its position in shares of Greenfire Resources by 8.9% in the second quarter. Luxor Capital Group LP now owns 1,948,026 shares of the company's stock worth $13,149,000 after acquiring an additional 159,900 shares during the period. 88.89% of the stock is currently owned by institutional investors and hedge funds.
Greenfire Resources Price Performance
Shares of GFR stock traded up $0.07 during mid-day trading on Friday, hitting $7.02. 158,465 shares of the stock were exchanged, compared to its average volume of 120,342. The firm has a fifty day moving average of $7.36 and a 200 day moving average of $6.98. Greenfire Resources Ltd. has a 52-week low of $4.68 and a 52-week high of $8.16. The company has a market cap of $487.68 million, a PE ratio of 20.06 and a beta of 0.29. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 0.30.
Greenfire Resources Company Profile
(
Free Report)
Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen.
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