Webs Creek Capital Management LP increased its stake in shares of Greenfire Resources Ltd. (NYSE:GFR - Free Report) by 255.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 355,000 shares of the company's stock after acquiring an additional 255,000 shares during the quarter. Greenfire Resources comprises approximately 0.6% of Webs Creek Capital Management LP's portfolio, making the stock its 12th largest holding. Webs Creek Capital Management LP owned about 0.51% of Greenfire Resources worth $2,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Louisbourg Investments Inc. acquired a new stake in Greenfire Resources during the 4th quarter worth $1,787,000. Renaissance Technologies LLC raised its stake in Greenfire Resources by 21.9% during the 4th quarter. Renaissance Technologies LLC now owns 174,300 shares of the company's stock worth $1,231,000 after acquiring an additional 31,300 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Greenfire Resources during the 4th quarter worth $1,178,000. Hillsdale Investment Management Inc. acquired a new stake in Greenfire Resources during the 4th quarter worth $1,155,000. Finally, Marshall Wace LLP increased its stake in Greenfire Resources by 44.0% in the fourth quarter. Marshall Wace LLP now owns 75,087 shares of the company's stock valued at $530,000 after purchasing an additional 22,935 shares during the period. 88.89% of the stock is currently owned by institutional investors and hedge funds.
Greenfire Resources Stock Performance
NYSE GFR traded down $0.17 during trading on Tuesday, reaching $4.83. The company's stock had a trading volume of 14,998 shares, compared to its average volume of 91,535. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.58 and a current ratio of 0.67. The firm has a market cap of $335.53 million, a price-to-earnings ratio of 13.80 and a beta of 0.28. Greenfire Resources Ltd. has a twelve month low of $4.36 and a twelve month high of $8.16. The business's fifty day moving average price is $5.30 and its 200-day moving average price is $6.39.
Greenfire Resources (NYSE:GFR - Get Free Report) last posted its quarterly earnings data on Monday, March 17th. The company reported $0.78 EPS for the quarter. The company had revenue of $149.31 million for the quarter. Greenfire Resources had a net margin of 5.02% and a return on equity of 5.40%.
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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