Greenfire Resources (NYSE:GFR) Announces Earnings Results

Greenfire Resources (NYSE:GFR) released its quarterly earnings results on Monday. The company reported $0.78 EPS for the quarter, Zacks reports. Greenfire Resources had a net margin of 5.02% and a return on equity of 5.40%. The business had revenue of $149.31 million during the quarter.

Greenfire Resources Price Performance

GFR stock opened at $5.14 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.67 and a quick ratio of 0.58. Greenfire Resources has a one year low of $4.82 and a one year high of $8.16. The stock has a market cap of $357.00 million, a PE ratio of 14.68 and a beta of 0.29. The firm has a 50 day simple moving average of $6.27 and a two-hundred day simple moving average of $6.87.

Greenfire Resources Company Profile

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.