Greenfire ResourcesGFR
GFR
About: Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo. The Company has one reportable operating segment which is made up of its oil sands operations based on geographic location : Athabasca oil sands region of Alberta, Canada, nature of the products sold and integration of facilities and operations.
Employees: 39
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
25% more funds holding
Funds holding: 32 [Q2] → 40 (+8) [Q3]
5% more capital invested
Capital invested by funds: $170M [Q2] → $178M (+$7.92M) [Q3]
2.0% less ownership
Funds ownership: 36.44% [Q2] → 34.44% (-2.0%) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Research analyst outlook
We haven’t received any recent analyst ratings for GFR.
Financial journalist opinion
Based on 3 articles about GFR published over the past 30 days
Neutral
Newsfile Corp
2 days ago
Greenfire Resources Announces Reconstitution of the Company's Board of Directors, Acquisition of Additional Greenfire Securities by WEF and Continuation of the Strategic Review
Calgary, Alberta--(Newsfile Corp. - December 23, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), today announced a reconstitution of Greenfire's Board of Directors (the “Board”), the termination of the amended and restated Shareholder Rights Plan dated December 7, 2024 (the “Second Rights Plan”) and the acquisition of additional Greenfire Securities by Waterous Energy Fund (“WEF”).
Neutral
Newsfile Corp
2 weeks ago
Greenfire Resources Announces New Director Appointment
The Company Also Announces Date of Annual and Special Meeting of Shareholders Calgary, Alberta--(Newsfile Corp. - December 9, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today announces the appointment of Tom Ebbern to Greenfire's Board of Directors (the "Board").
Neutral
Newsfile Corp
2 weeks ago
Greenfire Resources Announces Updated Reserves, 72% Increase in 2P Reserves with a $2.7 Billion NPV10 AT and an Evaluation that Incorporates the Company's Future Growth Plans at the Hangingstone Facilities
Calgary, Alberta--(Newsfile Corp. - December 5, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce a summary of the results from the Company's updated independent reserves evaluation, which includes a 72% increase in Total Proved and Probable ("2P") reserves with a net present value after-tax ("NPV10 AT") of $2.7 billion, or $32.89 per diluted share net of debt.
Neutral
Newsfile Corp
1 month ago
Greenfire Acknowledges Receipt of WEF Letter Seeking Control of the Company Without Offering a Premium to Shareholders
Calgary, Alberta--(Newsfile Corp. - November 20, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today confirmed it has received a letter (the "WEF Letter") from Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), which recently announced the acquisition of approximately 43.3% of Greenfire's issued and outstanding shares, in which WEF called for the resignation of all current Greenfire directors to be replaced by its handpicked nominees, an effort Greenfire believes is an attempt to secure control of the Company without making an offer to all shareholders.
Neutral
Newsfile Corp
1 month ago
Greenfire Resources Announces Q3 2024 Results and Operational Update
Calgary, Alberta--(Newsfile Corp. - November 14, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter ended September 30, 2024 ("Q3 2024").
Neutral
Newsfile Corp
1 month ago
Greenfire Announces Deferred Consideration of the New Shareholder Rights Plan by the Toronto Stock Exchange; Plan Remains in Effect
Calgary, Alberta--(Newsfile Corp. - November 11, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada announces that it has filed the new Greenfire shareholder protection rights plan agreement dated November 2024 (the "New Rights Plan") with the Toronto Stock Exchange (the "TSX") and that it has been notified by the TSX that the TSX will defer consideration of the acceptance of the New Rights Plan until such time as the TSX is satisfied that the appropriate securities commission will not intervene pursuant to National Policy 62-202 - Take-Over Bids - Defensive Tactics.
Neutral
PRNewsWire
1 month ago
Waterous Energy Fund Closes Acquisition of 43.3% of the Shares of Greenfire Resources Ltd.
CALGARY, AB , Nov. 11, 2024 /PRNewswire/ - Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships comprised of Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), announces that it has closed its previously announced acquisition of an aggregate of 29,988,854 common shares (the "Purchased Shares") of Greenfire Resources Ltd. ("Greenfire") (TSX and NYSE: GFR) (the "Transaction").
Neutral
Newsfile Corp
1 month ago
Greenfire Resources Ltd. Files Injunction Following Cease Trade of Rights Plan; Proceeds with Strategic Review and Adopts New Shareholder Rights Plan
Calgary, Alberta--(Newsfile Corp. - November 6, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada has filed an application with the Court of King's Bench of Alberta seeking an interim injunction to halt the sale of shares to certain limited partnerships managed by Waterous Energy Fund Management ("WEF"), from each of Allard Services Limited (a corporation controlled by Julian McIntyre, the former Chair and a director of the Company), Annapurna Limited (a corporation controlled by Venkat Siva, a former director of the Company), and Modro Holdings LLC (collectively, the "Selling Shareholders").
Neutral
Newsfile Corp
1 month ago
Greenfire Resources Provides Update on Strategic Review Process, Reserves Report Timeline and Announces Date for Q3 2024 Results and Conference Call
Calgary, Alberta--(Newsfile Corp. - November 4, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today provides an update on its strategic review process and timeline for the updated reserves evaluation.
Neutral
Newsfile Corp
2 months ago
Greenfire Resources Announces Future Growth Plans, Including Projects Under Development to Increase Net Facility Production Capacity by 74%, Representing Significant Potential Value for Shareholders
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the Company's future growth plans, which represent significant potential value for shareholders.
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