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Greenfire Resources has logged a 22.0% gain year to date, which naturally prompts the question of whether that share price now lines up with what the business is actually generating in sales. For anyone watching the recent moves, the key issue is how much revenue power is being implied by today's valuation. With the stock up 22.0% year to date, investors now have more of their thesis riding on how effectively Greenfire Resources can convert its top line into long term value. The company’s...
Greenfire Resources (NYSE:GFR) just closed a rights offering that raised about CA$775 million, expanding its share count as it works to pay down bridge financing from the Connacher Oil and Gas acquisition. Recent trading has been choppy for Greenfire Resources, with a 7-day share price return of down 7.21% and a 30-day share price return of down 0.64%, even though the 90-day share price return is 9.38% and the year to date share price return is 28.48% against a latest close of $6.18. The...
Calgary, Alberta--(Newsfile Corp. - September 16, 2026) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") is pleased to announce the successful completion of its previously announced C$775 million offering of rights (the "Rights") to all eligible Greenfire shareholders to purchase additional common shares of the Company (the "Common Shares") which expired at 4:00 p.m. (Calgary time) on September 15, 2026 (the "Rights Offering"). At the completion of the Rights...
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