Professional
Added to YB: 2025-12-03
Pitch date: 2025-12-01
GFR [bullish]
Greenfire Resources Ltd.
+1.28%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Greenfire Resources Ltd., together with its subsidiaries, engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.
Market Cap
$448.6M
Pitch Price
$4.67
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.30
P/E
3.34
EV/Sales
1.01
Sector
Oil, Gas and Consumable Fuels
Category
value
Greenfire Resources, a rare heavy oil underperformer
GFR: Former JAPEX SAGD asset in Alberta under Waterous Energy Fund (71% owner). Trades at ~$40k/flowing barrel vs peers at $80k despite comparable reserves. 33yr 1P, 58yr 2P reserve life. Production down on boiler issues, restoration by YE2025. Pad 7 (13 wells) targeting 30k bpd by Q4 2026.
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