Paloma Partners Management Co lessened its holdings in shares of Greenfire Resources Ltd. (NYSE:GFR - Free Report) by 44.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 436,567 shares of the company's stock after selling 349,919 shares during the quarter. Paloma Partners Management Co owned about 0.63% of Greenfire Resources worth $3,082,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of GFR. JPMorgan Chase & Co. bought a new position in Greenfire Resources during the 3rd quarter valued at $29,000. Northwest & Ethical Investments L.P. acquired a new position in shares of Greenfire Resources in the 4th quarter worth approximately $45,000. Jump Financial LLC bought a new stake in shares of Greenfire Resources in the 4th quarter worth approximately $107,000. Jane Street Group LLC acquired a new stake in Greenfire Resources during the third quarter valued at approximately $111,000. Finally, Dimensional Fund Advisors LP acquired a new stake in Greenfire Resources during the fourth quarter valued at approximately $138,000. Institutional investors own 88.89% of the company's stock.
Greenfire Resources Price Performance
Greenfire Resources stock traded up $0.15 during mid-day trading on Friday, hitting $4.82. The company's stock had a trading volume of 32,801 shares, compared to its average volume of 99,004. Greenfire Resources Ltd. has a twelve month low of $4.36 and a twelve month high of $8.16. The stock's fifty day moving average price is $5.17 and its two-hundred day moving average price is $6.32. The stock has a market capitalization of $334.84 million, a P/E ratio of 13.77 and a beta of 0.31. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 0.30.
Greenfire Resources (NYSE:GFR - Get Free Report) last announced its earnings results on Monday, March 17th. The company reported $0.78 earnings per share (EPS) for the quarter. The company had revenue of $149.31 million for the quarter. Greenfire Resources had a return on equity of 5.40% and a net margin of 5.02%.
Greenfire Resources Profile
(
Free Report)
Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen.
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