Greenfire Resources Ltd's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered overvalued, ranking 67 out of 119 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 7.00.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Greenfire Resources Ltd's Score
Industry at a Glance
Industry Ranking
67 / 119
Overall Ranking
214 / 4521
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Greenfire Resources Ltd Highlights
StrengthsRisks
Greenfire Resources Ltd. is a Canada-based company. The Company and its subsidiaries are engaged in the exploration, development and operation of oil and gas properties in the Athabasca oil sands region of Alberta. Its operations include Thermal Oil Operations, Top Quality Reservoir, Hangingstone Facilities, Infrastructure & Pipelines and Cooperation with Trafigura. Its operations in the Canadian oil sands leverage in situ thermal oil development to access Western Canada’s energy resources. It operates over two steam-assisted gravity drainage(SAGD) oil production facilities within the same reservoir at Hangingstone, situated approximately 50 kilometers (km) south of Fort McMurray in Northern Alberta. Its Demo Asset is located over 50 km south of Fort McMurray, Alberta. It has 100% working interest and is an operator. The Expansion Asset and Demo Asset (together the Hangingstone Facilities) have a SAGD reservoir.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Fairly Valued
The company’s latest PB is 0.72, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 71.04M shares, increasing 17.57% quarter-over-quarter.
Analyst Rating
Based on
1
analysts
Hold
Current Rating
7.000
Target Price
+27.50%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Greenfire Resources Ltd. is a Canada-based company. The Company and its subsidiaries are engaged in the exploration, development and operation of oil and gas properties in the Athabasca oil sands region of Alberta. Its operations include Thermal Oil Operations, Top Quality Reservoir, Hangingstone Facilities, Infrastructure & Pipelines and Cooperation with Trafigura. Its operations in the Canadian oil sands leverage in situ thermal oil development to access Western Canada’s energy resources. It operates over two steam-assisted gravity drainage(SAGD) oil production facilities within the same reservoir at Hangingstone, situated approximately 50 kilometers (km) south of Fort McMurray in Northern Alberta. Its Demo Asset is located over 50 km south of Fort McMurray, Alberta. It has 100% working interest and is an operator. The Expansion Asset and Demo Asset (together the Hangingstone Facilities) have a SAGD reservoir.