Greenfire Resources stock analysis
Greenfire Resources (GFR) Stock Price & Analysis
GFR Stock Chart & Stats
- Day’s Range
- CAD 10.93 - CAD 10.99
- 52-Week Range
- CAD 4.90 - CAD 10.99
- Previous Close
- CAD 10.94
- Volume
- N/A
- Average Volume (3M)
- 410.66K
- Market Cap
- CAD 2.63B
- Enterprise Value
- CAD 1.23B
- Total Cash (Recent Filing)
- CAD 2.96M
- Total Debt (Recent Filing)
- CAD 32.12M
- Price to Earnings (P/E)
- ―
- Beta
- 0.02
- Next Earnings
- Mar 24, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet
Very low leverage gives Greenfire financial flexibility to withstand commodity-cycle pressure and continue funding operations without excessive dependence on borrowing. This conservative capital structure can support resilience over the next several quarters, although future acquisition financing may change the profile.
Positive Operating Cash Flow
Consistently positive operating cash flow indicates that the upstream business is generating cash from its operations across reporting periods. That supports liquidity, ongoing field activity, and resilience during weaker earnings periods, even though recent reinvestment has reduced free cash flow.
Expanded Oil Sands Scale
The Connacher acquisition materially expands Greenfire's operated oil sands portfolio and consolidates adjacent assets sharing reservoir characteristics and pipeline networks. Greater production scale and operational adjacency could strengthen the platform and support more efficient development over the medium term.
Bears Say
Inconsistent Profitability
The return to a TTM net loss after profitability in 2025 shows that Greenfire's earnings power remains sensitive and inconsistent. This weakens confidence in dependable near-term returns and makes it harder to assess how reliably revenue growth will translate into sustainable profits.
Negative Free Cash Flow
Negative TTM free cash flow indicates that recent investment and cash demands have exceeded internally generated funds after operating needs. If this persists, Greenfire may have less capacity for debt reduction, shareholder returns, or self-funded growth despite positive operating cash flow.
Higher Financing Commitments
The Connacher transaction introduces substantial financing activity and a larger capital program, including a $250 million 2026 budget. Repaying the bridge and reducing revolving debt depend on the planned rights offering, increasing execution demands and near-term capital allocation complexity.
Greenfire Resources News
Tariq Saad Maintains Hold on SCR as Greenfire Deal’s Upside Is Largely Priced In, Lowering Price Target to $11
Greenfire Resources, the Energy sector company, was revisited by a Wall Street analyst yesterday. Analyst Tariq Saad from BMO Capital downgraded the rating on the stock to a Hold and
Greenfire Raises C$775 Million in Fully Subscribed Rights Offering to Cut Acquisition Debt
An update from Greenfire Resources ( ($GFR) ) is now available. Greenfire Resources has closed a fully subscribed C$775 million rights offering to existing shareholders, issuing 114,985,163 new common shares
GFR FAQ
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Greenfire Resources Stock Smart Score
Company Description
Greenfire Resources
Greenfire Resources Ltd., operating through its various subsidiaries, is actively involved in the exploration, development, and management of oil and gas properties. These significant holdings are located specifically within Alberta's Athabasca oil sands region. The company is responsible for a portfolio of premier, "Tier-1" oil sands assets across Western Canada. For the extraction of bitumen, Greenfire employs Steam-Assisted Gravity Drainage (SAGD), a specialized thermal recovery technique. Its corporate headquarters are located in Calgary, Canada.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Adam R. Waterous
- Employees
- 197
- Website
- www.greenfireres.com
- Address
- 350 7th Avenue SW, Calgary, AB, T2P 3N9, CA
Greenfire Resources (GFR) Earnings & Revenues
GFR Earnings Call
Earnings Call SentimentNeutral
The earnings call highlighted significant initiatives to reduce debt and improve financial stability through a recapitalization plan, alongside strong operational performance in hitting production targets. However, challenges with high leverage, sulfur emissions, and flat production projections for 2026 present concerns.
View all TSE:GFR earnings summariesGFR Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 3 | 5 |
| Technical Analysis | 2 | 3 | 5 |
| Moving Averages | 12 | 0 | 0 |








