Free Trial
NYSE:GFR

Greenfire Resources (GFR) Stock Price, News & Analysis

Greenfire Resources logo
$7.34 +0.31 (+4.41%)
(As of 12:50 PM ET)

About Greenfire Resources Stock (NYSE:GFR)

Key Stats

Today's Range
$6.99
$7.37
50-Day Range
$6.40
$8.00
52-Week Range
$4.68
$8.16
Volume
87,646 shs
Average Volume
71,513 shs
Market Capitalization
$509.91 million
P/E Ratio
8.53
Dividend Yield
N/A
Price Target
$10.50
Consensus Rating
Buy

Company Overview

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. The company is headquartered in Calgary, Canada.

Greenfire Resources Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
72nd Percentile Overall Score

GFR MarketRank™: 

Greenfire Resources scored higher than 72% of companies evaluated by MarketBeat, and ranked 113th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Greenfire Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Greenfire Resources has received no research coverage in the past 90 days.

  • Read more about Greenfire Resources' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Greenfire Resources is 8.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Greenfire Resources is 8.17, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.37.

  • Price to Book Value per Share Ratio

    Greenfire Resources has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.05% of the float of Greenfire Resources has been sold short.
  • Short Interest Ratio / Days to Cover

    Greenfire Resources has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Greenfire Resources has recently increased by 18.60%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Greenfire Resources does not currently pay a dividend.

  • Dividend Growth

    Greenfire Resources does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.05% of the float of Greenfire Resources has been sold short.
  • Short Interest Ratio / Days to Cover

    Greenfire Resources has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Greenfire Resources has recently increased by 18.60%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Greenfire Resources has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Greenfire Resources this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Greenfire Resources to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Greenfire Resources insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    20.00% of the stock of Greenfire Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    88.89% of the stock of Greenfire Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Greenfire Resources' insider trading history.
Receive GFR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Greenfire Resources and its competitors with MarketBeat's FREE daily newsletter.

GFR Stock News Headlines

Greenfire Resources Faces Control Challenge from WEF
Greenfire Resources’ Shareholder Plan Faces TSX Deferral
Breaking News: Tesla headed to $500…
That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla.
Greenfire Resources Reports Growth and Strategic Moves
Greenfire Faces TSX Delay on Shareholder Rights Plan
See More Headlines

GFR Stock Analysis - Frequently Asked Questions

Greenfire Resources' stock was trading at $4.86 at the start of the year. Since then, GFR shares have increased by 44.7% and is now trading at $7.03.
View the best growth stocks for 2024 here
.

Top institutional investors of Greenfire Resources include Luxor Capital Group LP (4.08%), Paloma Partners Management Co (1.13%), Wexford Capital LP (1.13%) and FMR LLC (0.62%).

Shares of GFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Greenfire Resources investors own include United States Copper Index Fund (CPER), Chord Energy (CHRD), Chesapeake Energy (CHK), Coeur Mining (CDE), BioStem Technologies (BSEM), BHP Group (BHP) and Austin Gold (AUST).

Company Calendar

Today
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Fax
N/A
Employees
165
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.50
High Stock Price Target
$10.50
Low Stock Price Target
$10.50
Potential Upside/Downside
+49.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-100,500,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$500.71 million
Book Value
$7.83 per share

Miscellaneous

Free Float
55,574,000
Market Cap
$488.37 million
Optionable
Not Optionable
Beta
0.28
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

This page (NYSE:GFR) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners