Greenfire Resources (NYSE:GFR – Get Free Report) is one of 286 public companies in the “Crude petroleum & natural gas” industry, but how does it compare to its rivals? We will compare Greenfire Resources to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, dividends, risk, profitability and valuation.
Earnings and Valuation
This table compares Greenfire Resources and its rivals gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Greenfire Resources | $743.13 million | -$100.50 million | 8.07 |
Greenfire Resources Competitors | $10.73 billion | $1.07 billion | 16.99 |
Greenfire Resources’ rivals have higher revenue and earnings than Greenfire Resources. Greenfire Resources is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Greenfire Resources | 9.51% | 13.00% | 7.28% |
Greenfire Resources Competitors | -3.32% | 2.56% | 6.48% |
Risk & Volatility
Greenfire Resources has a beta of 0.28, meaning that its stock price is 72% less volatile than the S&P 500. Comparatively, Greenfire Resources’ rivals have a beta of -13.46, meaning that their average stock price is 1,446% less volatile than the S&P 500.
Analyst Ratings
This is a summary of current recommendations and price targets for Greenfire Resources and its rivals, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Greenfire Resources | 0 | 0 | 1 | 0 | 3.00 |
Greenfire Resources Competitors | 2168 | 11666 | 16241 | 626 | 2.50 |
Greenfire Resources presently has a consensus target price of $10.50, indicating a potential upside of 51.30%. As a group, “Crude petroleum & natural gas” companies have a potential upside of 20.12%. Given Greenfire Resources’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Greenfire Resources is more favorable than its rivals.
Institutional and Insider Ownership
88.9% of Greenfire Resources shares are owned by institutional investors. Comparatively, 53.3% of shares of all “Crude petroleum & natural gas” companies are owned by institutional investors. 20.0% of Greenfire Resources shares are owned by company insiders. Comparatively, 9.9% of shares of all “Crude petroleum & natural gas” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
Greenfire Resources beats its rivals on 9 of the 13 factors compared.
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. The company is headquartered in Calgary, Canada.
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