Greenfire Resources Ltd. Common Shares

Greenfire Resources Ltd. Common Shares Stock Forecast & Price Prediction

Live Greenfire Resources Ltd. Common Shares Stock (GFR) Price
$7.29

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$7.29

P/E Ratio

4.32

Volume Traded Today

$146,815

Dividend

Dividends not available for GFR

52 Week High/low

8.16/4.68

Greenfire Resources Ltd. Common Shares Market Cap

$532.1M

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GFR Summary

Based on ratings from 0 stock analysts, the Greenfire Resources Ltd. Common Shares stock price is expected to increase by 27.99% in 12 months. This is calculated by using the average 12-month stock price forecast for Greenfire Resources Ltd. Common Shares. The lowest target is $9.33017 and the highest is $9.33017. Please note analyst price targets are not guaranteed and could be missed completely.

GFR Analyst Ratings

GFR is a stock in Energy which has been forecasted to be worth $9.33017 as an average. On the higher end, the forecast price is $9.33017 USD by from and on the lower end GFR is forecasted to be $9.33017 by from .

GFR stock forecast by analyst

These are the latest 20 analyst ratings of GFR.

Analyst/Firm

Rating

Price Target

Change

Date

Tariq Saad
BMO Capital

Outperform

$10.5

Initiates

Jun 13, 2024

GFR Company Information

What They Do: Develops and operates oil and gas properties.

Business Model: The company generates revenue through the exploration, development, and operation of oil and gas properties, specifically focusing on Tier-1 assets in the Athabasca oil sands. It employs advanced extraction technologies like steam-assisted gravity drainage (SAGD) to recover bitumen, which provides a competitive edge in production efficiency.

Other Information: Headquartered in Calgary, Canada, Greenfire Resources Ltd. is strategically positioned in a key oil-producing region, which may enhance its growth potential and market presence in the energy sector.
GFR
Greenfire Resources Ltd. Common Shares (GFR)

When did it IPO

2023

Staff Count

165

Country

Canada

Sector/Industry

Energy/Oil & Gas E&P

CEO

Mr. Robert B. Logan P.E., P.Eng.

Market Cap

$532.1M

Greenfire Resources Ltd. Common Shares (GFR) Financial Data

In 2023, GFR generated $676.0M in revenue, which was a decrease of -32.33% from the previous year. This can be seen as a signal that GFR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$270.7M

0.00 %
From Previous Year

Revenue From 2022

$998.8M

269.02 %
From Previous Year

Revenue From 2023

$676.0M

-32.33 %
From Previous Year
  • Revenue TTM $512.7M
  • Operating Margin TTM 24.3%
  • Gross profit TTM $279.5M
  • Return on assets TTM 3.8%
  • Return on equity TTM -20.9%
  • Profit Margin -22.3%
  • Book Value Per Share 9.83%
  • Market capitalisation $532.1M
  • Revenue for 2021 $270.7M
  • Revenue for 2022 $998.8M
  • Revenue for 2023 $676.0M
  • EPS this year (TTM) $-1.65

Greenfire Resources Ltd. Common Shares (GFR) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Greenfire Resources Ltd. has filed for an injunction to stop the sale of shares to limited partnerships managed by Waterous Energy Fund, involving former directors of the company.

Why It Matters - The legal action may impact Greenfire's stock price and investor confidence, as it raises concerns about governance and potential conflicts of interest involving major shareholders.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Greenfire Resources Ltd. (NYSE: GFR, TSX: GFR) announced an update on its strategic review and the timeline for assessing updated reserves in Alberta's Athabasca region.

Why It Matters - Greenfire Resources' update on its strategic review and reserves evaluation could signal potential changes in asset value and operational focus, impacting stock performance and investor sentiment.

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Greenfire Resources Ltd. (NYSE: GFR, TSX: GFR) announced future growth plans focused on thermal energy resources in Alberta, indicating potential value for shareholders.

Why It Matters - Greenfire Resources' growth plans indicate potential revenue increases and enhanced shareholder value, signaling a positive outlook for investment in the company's future.

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Greenfire Resources Ltd. will face a hearing on November 5, 2024, regarding an application to cease trade its shareholder protection rights plan, initiated by parties associated with Waterous Energy Fund.

Why It Matters - The ASC hearing on November 5 could impact Greenfire's shareholder rights plan, potentially altering control dynamics and investor sentiment, affecting stock performance and valuation.

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Greenfire Resources Ltd. (NYSE: GFR, TSX: GFR) has applied to the Alberta Securities Commission to cease trade its shareholder protection rights plan, backed by certain limited partnerships and directors.

Why It Matters - The request to cease trade the Rights Plan signals potential governance changes and shareholder influence, impacting Greenfire's stock value and investor confidence.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - Newsfile Corp

Summary - Greenfire Resources Ltd. will have 43.3% of its common shares acquired by Waterous Energy Fund, as announced on September 16, 2024.

Why It Matters - The acquisition of 43.3% of Greenfire's shares by Waterous Energy Fund signals significant investor interest, potentially impacting share value and market confidence in the companyโ€™s future.

...

GFR Frequently asked questions

The highest forecasted price for GFR is $9.33017 from at .

The lowest forecasted price for GFR is $9.33017 from from

The GFR analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.