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Greenfire Resources LtdNYSE: GFR

Profile

Sector:

Energy

Country:

Canada

IPO:

13 December 2021

Next earnings report:

21 March 2025

Last dividends:

N/A

Next dividends:

N/A
$488.36 M
-24%vs. 3y high
28%vs. sector
-12%vs. 3y high
53%vs. sector
-19%vs. 3y high
22%vs. sector
-25%vs. 3y high
33%vs. sector

Price

regular market | 85 min ago
$7.03+$0.06(+0.85%)

Dividend

No data over the past 3 years
$141.90 M$43.17 M

Analysts recommendations

Institutional Ownership

GFR Latest News

Greenfire Acknowledges Receipt of WEF Letter Seeking Control of the Company Without Offering a Premium to Shareholders
newsfilecorp.com20 November 2024 Sentiment: -

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.

Greenfire Resources Announces Q3 2024 Results and Operational Update
newsfilecorp.com14 November 2024 Sentiment: POSITIVE

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").

Greenfire Announces Deferred Consideration of the New Shareholder Rights Plan by the Toronto Stock Exchange; Plan Remains in Effect
newsfilecorp.com11 November 2024 Sentiment: POSITIVE

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.

Waterous Energy Fund Closes Acquisition of 43.3% of the Shares of Greenfire Resources Ltd.
prnewswire.com11 November 2024 Sentiment: POSITIVE

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").

Greenfire Resources Provides Update on Strategic Review Process, Reserves Report Timeline and Announces Date for Q3 2024 Results and Conference Call
newsfilecorp.com04 November 2024 Sentiment: POSITIVE

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.

Greenfire Resources Announces Future Growth Plans, Including Projects Under Development to Increase Net Facility Production Capacity by 74%, Representing Significant Potential Value for Shareholders
newsfilecorp.com07 October 2024 Sentiment: POSITIVE

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.

Greenfire Announces Date for Rights Plan Hearing with the Alberta Securities Commission and Resignation of Two Directors
newsfilecorp.com30 September 2024 Sentiment: NEUTRAL

Calgary, Alberta--(Newsfile Corp. - September 30, 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 the Alberta Securities Commission ("ASC") has set November 5, 2024 as the date for the hearing in respect of the application made by certain limited partnerships managed by Waterous Energy Fund Management Corp. (collectively, "WEF") and parties that it has entered into share purchase agreements with, namely Allard Services Limited ("Allard"), a corporation controlled by former director and Greenfire Board Chair Julian McIntyre, and Annapurna Limited ("Annapurna"), a corporation controlled by former Greenfire director Venkat Siva, and Modro Holdings LLC (together with Allard and Annapurna, the "Selling Shareholders") requesting that the ASC, among other things, cease trade the Company's shareholder protection rights plan agreement (the "Rights Plan").

Greenfire to Oppose Challenge to Shareholder Rights Plan in Order to Protect All Shareholders
newsfilecorp.com27 September 2024 Sentiment: NEUTRAL

Calgary, Alberta--(Newsfile Corp. - September 27, 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 advises that an application has been made by certain limited partnerships managed by Waterous Energy Fund Management Corp. (collectively, "WEF") together with Allard Services Limited ("Allard"), a corporation controlled by Julian McIntyre, a director of Greenfire, and Annapurna Limited ("Annapurna"), a corporation controlled by Venkat Siva, a director of Greenfire and Modro Holdings LLC ("Modro" together with Allard and Annapurna, the "Selling Shareholders") to the Alberta Securities Commission (the "ASC") requesting that the ASC, among other things, cease trade the Company's shareholder protection rights plan agreement (the "Rights Plan").

Greenfire Announces Deferred Consideration of the Shareholder Rights Plan by the Toronto Stock Exchange
newsfilecorp.com20 September 2024 Sentiment: POSITIVE

Calgary, Alberta--(Newsfile Corp. - September 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 announces that it has filed the Greenfire shareholder protection rights plan agreement (the "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 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.

Greenfire Resources Announces Appointment of Interim Chairman and Adoption of Shareholder Rights Plan in Response to Waterous Energy Fund's Agreement to Acquire Greenfire Shares
newsfilecorp.com19 September 2024 Sentiment: NEUTRAL

Calgary, Alberta--(Newsfile Corp. - September 19, 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 acknowledges the announcement on September 16, 2024 by Waterous Energy Fund Management Corp. ("WEF Manager") in its capacity as manager of certain limited partnerships (collectively, "WEF"), that it has entered into agreements with certain Greenfire shareholders (the "Selling Shareholders") to acquire 43.3% of the issued and outstanding common shares (the "Common Shares") of the Company (the "Proposed Acquisition").

What type of business is Greenfire Resources Ltd?

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. The company is headquartered in Calgary, Canada.

What sector is Greenfire Resources Ltd in?

Greenfire Resources Ltd is in the Energy sector

What industry is Greenfire Resources Ltd in?

Greenfire Resources Ltd is in the Oil & Gas Equipment & Services industry

What country is Greenfire Resources Ltd from?

Greenfire Resources Ltd is headquartered in Canada

When did Greenfire Resources Ltd go public?

Greenfire Resources Ltd initial public offering (IPO) was on 13 December 2021

What is Greenfire Resources Ltd website?

https://www.greenfireres.com

Is Greenfire Resources Ltd in the S&P 500?

No, Greenfire Resources Ltd is not included in the S&P 500 index

Is Greenfire Resources Ltd in the NASDAQ 100?

No, Greenfire Resources Ltd is not included in the NASDAQ 100 index

Is Greenfire Resources Ltd in the Dow Jones?

No, Greenfire Resources Ltd is not included in the Dow Jones index

When was Greenfire Resources Ltd the previous earnings report?

No data

When does Greenfire Resources Ltd earnings report?

The next expected earnings date for Greenfire Resources Ltd is 21 March 2025