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

6.81

Mkt cap

483M

Volume

38K

High

6.97

P/E Ratio

13.15

52-wk high

8.16

Low

6.81

Div yield

N/A

52-wk low

4.68

Greenfire Resources shares were halted due to a circuit breaker after a significant price increase, with the stock rising by 11.1%.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:16 pm

Waterous Energy Fund has agreed to acquire 29,988,854 shares of Greenfire Resources Ltd. for CAD$10.932 per share, totaling approximately CAD$327.8 million. This acquisition represents 43.3% of Greenfire's outstanding shares. The transaction is subject to customary closing conditions and regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:15 pm

Greenfire Resources (NYSE:GFR) reported Q2 2024 GAAP EPS of C$0.43, beating the analyst consensus estimate of C$0.30 by 43.33%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 9:58 pm

BMO Capital has initiated coverage on Greenfire Resources (NYSE:GFR) with an Outperform rating and a price target of $10.5.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 4:04 pm

Greenfire Resources reported an adjusted EBITDA of C$39.3 million for Q1.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:04 pm

Greenfire Resources has appointed Tony Kraljic as its new Chief Financial Officer, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:10 pm

Several stocks experienced significant price movements in Friday's mid-day trading session. Blue Apron Holdings (APRN) surged 133.5% after announcing an acquisition agreement with Wonder Group. OpGen (OPGN) jumped 109% after requesting to withdraw its registration statement. Novo Integrated Sciences (NVOS) gained 66.3% after signing a $1 billion Master Collateral Transfer Agreement with Blacksheep Trust. SeaStar Medical Holding (ICU) rose 35% after being granted Breakthrough Device Designation by the FDA. On the downside, The Glimpse Group (VRAR) dipped 42.5% after reporting a wider FY23 loss, and Capricor Therapeutics (CAPR) fell 41.4% after announcing a $23 million registered direct offering.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 6:10 pm

Several US stocks recorded losses on Friday despite the Nasdaq Composite gaining around 1%. Notable decliners include Corcept Therapeutics, Lifezone Metals, Syndax Pharmaceuticals, Opera Limited, Greenfire Resources, LanzaTech Global, Uranium Energy, Fathom Digital Manufacturing, Curis, Allogene Therapeutics, Badger Meter, Shengfeng Development, TG Therapeutics, Vail Resorts, and Carnival Corporation.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 2:58 pm

Several stocks experienced significant movement in Tuesday's mid-day session. Soleno Therapeutics, Femasys, Intercept Pharmaceuticals, Immunovant, Tharimmune, Acasti Pharma, Cano Health, Bullfrog AI Holdings, Avalo Therapeutics, Adaptive Biotechnologies, Infobird, ARS Pharmaceuticals, Roivant Sciences, Verve Therapeutics, Pliant Therapeutics, Fisker, Planet Green Holdings, BYND Cannasoft Enterprises, Acutus Medical, Aclarion, Vera Therapeutics, Blue Star Foods, NightHawk Biosciences, and Precigen saw gains. Meanwhile, TransCode Therapeutics, Murphy Canyon Acquisition, Davis Commodities, Molekule Group, Polished.com, United Natural Foods, MicroAlgo, Genetron Holdings, Greenfire Resources, Novo Integrated Sciences, Ebix, New Pacific Metals, Biophytis, Roadzen, Akili, FaZe Holdings, MSP Recovery, TROOPS, Sacks Parente Golf, and TD SYNNEX experienced losses.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 4:56 pm

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