$Greenfire Resources (GFR.US)$Greenfire Acknowledges Receipt of WEF Letter Seeking Control of the Company Without Offering a Premium to Shareholders newsfile· 4 mins ago 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 h...
The declining ROCE and stagnant capital employed suggest that Greenfire Resources may be a mature business with limited growth prospects. Unless there is a positive shift in these metrics, it may be advisable to look elsewhere for investment opportunities.
Greenfire Resources' low P/S ratio may be due to anticipated poor revenue performance. Unless recent conditions improve, they'll continue to hinder the share price. Shareholders accept the low P/S, conceding future revenue may not bring pleasant surprises.
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Greenfire Resources Achieves Massive 72% Reserves Jump Despite Recent Production Setbacks
newsfile· 4 mins ago
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 h...
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