Greenfire Resources (NYSE:GFR) Posts Earnings Results

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

Greenfire Resources Price Performance

Shares of Greenfire Resources stock opened at $5.14 on Wednesday. Greenfire Resources has a 52-week low of $4.82 and a 52-week high of $8.16. The stock has a market capitalization of $357.00 million, a price-to-earnings ratio of 14.68 and a beta of 0.29. The company has a fifty day moving average of $6.27 and a 200-day moving average of $6.87. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.58 and a current ratio of 0.67.

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.