Greenfire Resources (NYSE:GFR) Issues Quarterly Earnings Results

Greenfire Resources (NYSE:GFR) issued its 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 Stock Performance

NYSE:GFR opened at $5.12 on Wednesday. The business has a 50 day moving average of $6.27 and a 200 day moving average of $6.87. The company has a market capitalization of $355.68 million, a price-to-earnings ratio of 14.64 and a beta of 0.29. Greenfire Resources has a 1-year low of $4.82 and a 1-year high of $8.16. 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 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.