Greenfire Resources (NYSE:GFR – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $999.00 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $998.92, Zacks reports. Greenfire Resources had a return on equity of 5.03% and a net margin of 8.01%.
Greenfire Resources Price Performance
NYSE GFR traded up $0.15 on Tuesday, reaching $6.64. The stock had a trading volume of 227,165 shares, compared to its average volume of 176,984. The firm has a fifty day moving average of $6.20 and a two-hundred day moving average of $5.41. Greenfire Resources has a 1-year low of $3.81 and a 1-year high of $7.02. The company has a market cap of $833.20 million, a P/E ratio of 13.56 and a beta of 0.26.
Institutional Trading of Greenfire Resources
Large investors have recently modified their holdings of the stock. Raffles Associates LP acquired a new stake in shares of Greenfire Resources during the 4th quarter worth $50,000. WINTON GROUP Ltd acquired a new stake in shares of Greenfire Resources during the 4th quarter worth $64,000. Jane Street Group LLC acquired a new stake in shares of Greenfire Resources during the 4th quarter worth $74,000. Goldman Sachs Group Inc. acquired a new stake in shares of Greenfire Resources during the 4th quarter worth $179,000. Finally, Royal Bank of Canada grew its holdings in shares of Greenfire Resources by 158.7% during the 4th quarter. Royal Bank of Canada now owns 42,290 shares of the company’s stock worth $201,000 after purchasing an additional 25,940 shares in the last quarter. 88.89% of the stock is owned by institutional investors and hedge funds.
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. The company is headquartered in Calgary, Canada.
Recommended Stories
Receive News & Ratings for Greenfire Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenfire Resources and related companies with MarketBeat.com's FREE daily email newsletter.
