Streetbeat News

GFR

Greenfire Resources Ltd.

www.greenfireres.com

Industry

Oil & Gas Exploration & Production

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 thermal oil recovery process to recover bitumen. The company is headquartered in Calgary, Canada.

Open

6.42

Mkt cap

452M

Volume

114K

High

6.52

P/E Ratio

12.28

52-wk high

8.16

Low

6.28

Div yield

N/A

52-wk low

4.68

Greenfire Resources Ltd. (NYSE: GFR) reported its Q3 2024 financial and operational results, highlighting its focus on thermal energy production in Alberta, Canada.

Portfolio Pulse from

November 14, 2024 | 10:45 pm

Greenfire Resources Ltd. has announced the filing of a new shareholder protection rights plan with the Toronto Stock Exchange. The TSX has deferred its consideration of the plan until it is assured that no intervention will occur from the securities commission.

Portfolio Pulse from

November 11, 2024 | 9:45 pm

Waterous Energy Fund has completed the acquisition of 43.3% of Greenfire Resources Ltd.'s shares. This transaction involves 29,988,854 common shares of Greenfire, which is listed on both the TSX and NYSE under the symbol GFR.

Portfolio Pulse from

November 11, 2024 | 2:15 pm

Greenfire Resources Ltd. (NYSE: GFR) has filed an injunction to stop the sale of shares to partnerships managed by Waterous Energy Fund Management. The company is also conducting a strategic review and has adopted a new shareholder rights plan.

Portfolio Pulse from

November 07, 2024 | 12:30 am

Greenfire Resources Ltd. faces a critical hearing with the Alberta Securities Commission regarding its shareholder rights plan amid a takeover bid by Waterous Energy Fund. Former directors Julian McIntyre and Venkat Siva have resigned.