Greenfire Resources (NYSE:GFR) Posts Quarterly Earnings Results

Greenfire Resources (NYSE:GFR) announced 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 Down 0.3 %

Shares of Greenfire Resources stock opened at $5.07 on Wednesday. Greenfire Resources has a one year low of $4.82 and a one 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. The stock’s 50-day moving average is $6.27 and its 200 day moving average is $6.87. The firm has a market cap of $351.86 million, a price-to-earnings ratio of 14.47 and a beta of 0.29.

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.