Luxor Capital Group LP Has $21.13 Million Stock Holdings in Greenfire Resources Ltd. (NYSE:GFR)

Luxor Capital Group LP boosted its stake in shares of Greenfire Resources Ltd. (NYSE:GFR) by 45.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,836,592 shares of the company’s stock after buying an additional 888,566 shares during the period. Greenfire Resources makes up approximately 1.3% of Luxor Capital Group LP’s holdings, making the stock its 15th biggest holding. Luxor Capital Group LP owned 4.08% of Greenfire Resources worth $21,133,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company acquired a new stake in Greenfire Resources in the 3rd quarter valued at approximately $82,000. Jane Street Group LLC bought a new stake in shares of Greenfire Resources in the third quarter worth $111,000. Walleye Capital LLC acquired a new position in Greenfire Resources during the third quarter worth $278,000. K2 Principal Fund L.P. grew its position in Greenfire Resources by 146.3% in the second quarter. K2 Principal Fund L.P. now owns 50,003 shares of the company’s stock valued at $338,000 after purchasing an additional 29,700 shares in the last quarter. Finally, Perritt Capital Management Inc acquired a new stake in Greenfire Resources in the 2nd quarter valued at $384,000. Institutional investors own 88.89% of the company’s stock.

Greenfire Resources Price Performance

NYSE:GFR opened at $7.02 on Monday. The stock’s 50-day simple moving average is $7.36 and its 200 day simple moving average is $7.00. Greenfire Resources Ltd. has a 52-week low of $4.68 and a 52-week high of $8.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.58 and a current ratio of 0.67. The company has a market cap of $487.68 million, a P/E ratio of 20.06 and a beta of 0.29.

Greenfire Resources 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.