Louisbourg Investments Inc. purchased a new stake in Greenfire Resources Ltd. (NYSE:GFR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 253,479 shares of the company's stock, valued at approximately $1,787,000. Louisbourg Investments Inc. owned approximately 0.36% of Greenfire Resources as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of GFR. JPMorgan Chase & Co. bought a new position in shares of Greenfire Resources during the 3rd quarter valued at about $29,000. Luxor Capital Group LP increased its position in shares of Greenfire Resources by 45.6% during the 3rd quarter. Luxor Capital Group LP now owns 2,836,592 shares of the company's stock valued at $21,133,000 after purchasing an additional 888,566 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Greenfire Resources during the 3rd quarter valued at about $111,000. Wexford Capital LP bought a new position in shares of Greenfire Resources during the 3rd quarter valued at about $5,845,000. Finally, Walleye Capital LLC bought a new position in shares of Greenfire Resources during the 3rd quarter valued at about $278,000. Hedge funds and other institutional investors own 88.89% of the company's stock.
Greenfire Resources Trading Down 1.3 %
GFR traded down $0.09 on Friday, hitting $6.52. 40,498 shares of the company were exchanged, compared to its average volume of 69,123. The firm has a fifty day simple moving average of $6.79 and a two-hundred day simple moving average of $7.06. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.58 and a current ratio of 0.67. Greenfire Resources Ltd. has a 12 month low of $4.68 and a 12 month high of $8.16. The stock has a market capitalization of $453.01 million, a PE ratio of 18.63 and a beta of 0.28.
Greenfire Resources 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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