Greenfire Resources Ltd.
GFREnergyNASDAQOil & Gas E&P · Last scanned Jul 16, 2026
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Daily timeframeGreenfire 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. At a $785.2M market cap, Greenfire Resources Ltd. ranks as a small-cap company within energy. The company's principal asset includes the Hangingstone Facilities which consist of the Expansion Asset and the Demo Asset located in south of Fort McMurray, Alberta.
Market Cap
$785.2M
Beta
0.20
P/E (TTM)
—
P/E (Fwd)
15.43
EPS (TTM)
$-0.11
EPS (Fwd)
$0.41
ROE
-4.3%
ROA
-0.3%
Cash
$544,000
Total Debt
$9.4M
Free CF
-$33.3M
52W Change
49.8%
Annual Financials
Cash vs Debt
The company holds $544K in cash, though total debt stands at $9.4M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$33.3M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -4.3%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has pulled back from $998.8M (2022) to $603.3M (2025), a 40% decline worth watching.
GFR's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Greenfire Resources Ltd.'s trajectory.