Greenfire Resources Ltd. GFR

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...

Calgary, Alberta--(Newsfile Corp. - September 16, 2026) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") is pleased to announce preliminary results of its C$775 million rights offering, which expired at 4:00 p.m. (Calgary time) on September 15, 2026 (the "expiration date"). Upon closing of the rights offering, the Company expects to issue 114,985,163 common shares, representing the maximum number of common shares available under the rights offering, without...

Calgary, Alberta--(Newsfile Corp. - August 7, 2026) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") today filed a final short form prospectus (the "Final Prospectus") and a corresponding U.S. registration statement on Form F-10 (the "Registration Statement") in connection with its previously announced rights offering (the "Rights Offering"). The Company will use the proceeds from the Rights Offering to repay the C$575 million bridge facility and a portion of the.

Readers are advised to review the "Non-GAAP and Other Financial Measures" section of this press release for information regarding the presentation of financial measures that do not have standardized meaning under IFRS® Accounting Standards. Readers are also advised to review the "Forward-Looking Information" section in this press release for information regarding certain forward-looking information and forward-looking statements contained in this press release. All amounts in this press release.

Connacher is a privately owned thermal oil sands producer focused on bitumen and owns the Great Divide project.

(Updates with details on the acquisition and share movement. ) Greenfire Resources (GFR.TO, GFR)

Greenfire Resources Ltd. (NYSE:GFR, TSX:GFR) plans to raise at least C$575 million through a rights offering to help fund its proposed acquisition of Connacher Oil and Gas Limited, with majority shareholder Waterous Energy Fund backstopping the entire amount. The Calgary-based thermal oil...

Calgary, Alberta--(Newsfile Corp. - July 13, 2026) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") today announced its intention to undertake a rights offering of its common shares (the "Rights Offering") in connection with its proposed acquisition of Connacher Oil and Gas Limited (the "Acquisition"). The Company expects to launch the Rights Offering in August 2026 for gross proceeds of at least $575 million, subject to receipt of all necessary approvals and...

Calgary, Alberta--(Newsfile Corp. - May 7, 2026) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") is pleased to announce the voting results from its annual meeting of shareholders held May 7, 2026 in Calgary, Alberta (the "Meeting").Voting Results from the MeetingEach of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 2, 2026 (the "Information Circular"), which is available on SEDAR+ at...

In the last year, multiple insiders have substantially increased their holdings of Greenfire Resources Ltd. ( NYSE:GFR...

Readers are advised to review the "Non-GAAP and Other Financial Measures" section of this press release for information regarding the presentation of financial measures that do not have standardized meaning under IFRS® Accounting Standards. Readers are also advised to review the "Forward-Looking Information" section in this press release for information regarding certain forward-looking information and forward-looking statements contained in this press release. All amounts in this press release.

Calgary, Alberta--(Newsfile Corp. - February 13, 2026) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company", a junior oil and gas producer based in Calgary, Alberta, announces leadership changes, effective immediately.Tuktu is pleased to welcome Craig Wall, CPA, CA as Chief Financial Officer (CFO). Craig brings over 25 years of experience as a senior finance professional, beginning his career with EY and KPMG before transitioning to the oil and gas sector. Mr. Wall previously held the...

Key Insights Greenfire Resources' significant private equity firms ownership suggests that the key decisions are...

Greenfire Resources' (NYSE:GFR) stock is up by a considerable 5.3% over the past month. We wonder if and what role the...

Calgary, Alberta--(Newsfile Corp. - December 19, 2025) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company") is pleased to announce the successful completion of its previously announced refinancing initiatives (the "Refinancing Initiatives"). The Refinancing Initiatives included a C$300.0 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...