Greenfire Resources (NYSE:GFR) Posts 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 return on equity of 5.40% and a net margin of 5.02%.

Greenfire Resources Trading Down 0.3 %

NYSE GFR opened at $5.07 on Wednesday. The business’s 50-day moving average price is $6.27 and its two-hundred day moving average price is $6.87. Greenfire Resources has a 12 month low of $4.82 and a 12 month high of $8.16. The firm has a market capitalization of $351.86 million, a PE ratio of 14.47 and a beta of 0.29. The company has a current ratio of 0.67, a quick ratio of 0.58 and a debt-to-equity ratio of 0.30.

About Greenfire Resources

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.