Greenfire Resources (GFR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $5.97 to $6.22
• 50-Day Range: $6.09 to $8.00
• 52-Week Range: $4.68 to $8.16
• Volume: 77,067 shs
• Average Volume: 74,804 shs
• Market Capitalization: $423.06 million
• P/E Ratio: 17.40
• Dividend Yield: N/A
• Price Target: $10.50
• Consensus Rating: Buy

Greenfire Resources Stock Analysis - MarketRank™

Greenfire Resources scored higher than 63% of companies evaluated by MarketBeat, and ranked 144th out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Greenfire Resources is 17.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greenfire Resources is 17.40, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.15.

Price to Book Value per Share Ratio

Greenfire Resources has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.13% 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 0.2, 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 103.85%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Greenfire Resources does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.13% 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 0.2, 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 103.85%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Greenfire Resources has a news sentiment score of 0.86. 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 higher news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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.

GFR Stock Analysis - Frequently Asked Questions

How have GFR shares performed this year?

Greenfire Resources' stock was trading at $4.86 at the beginning of the year. Since then, GFR shares have increased by 25.3% and is now trading at $6.09.
View the best growth stocks for 2024 here.

Who are Greenfire Resources' major shareholders?

Top institutional shareholders 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%).

How do I buy shares of Greenfire Resources?

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.

What other stocks do shareholders of Greenfire Resources own?

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: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:GFR
• Previous Symbol: NYSE:GFR
• CUSIP: N/A
• CIK: 1966287
• Web: greenfireres.com
• Phone: 212-202-2200
• 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: +72.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.35
• Trailing P/E Ratio: 17.40
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-100,500,000.00
• Net Margins: 5.02%
• Pretax Margin: N/A
• Return on Equity: 5.40%
• Return on Assets: 3.13%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 0.67
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $775.81 million
• Price / Sales: 0.55
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $7.50 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 69,468,000
• Free Float: 55,574,000
• Market Cap: $423.06 million
• Optionable: Not Optionable
• Beta: 0.29