Greenfire Resources Reports Q1 2025 Results with Mixed Production Outcomes

An update from Greenfire Resources ( (GFR) ) is now available.

Greenfire Resources Ltd. reported its Q1 2025 financial and operational results, highlighting a decrease in bitumen production to 17,495 bbls/d, a 10% drop from the previous quarter. The company faced challenges in its Expansion Asset due to steam generation downtime, leading to a 21% production decline. However, the Demo Asset saw a 46% production increase due to the activation of additional wells. Despite these operational shifts, Greenfire managed to generate $34.7 million in cash from operating activities and maintain an adjusted free cash flow of $5.1 million, indicating resilience in its financial management.

Spark’s Take on GFR Stock

According to Spark, TipRanks’ AI Analyst, GFR is a Neutral.

Greenfire Resources’ overall score reflects a blend of positive financial performance and strong valuation metrics, despite weak technical indicators. The company’s improved profitability and strong equity position are significant strengths, while historical revenue volatility and current market momentum pose challenges. The low P/E ratio suggests potential for value investors.

To see Spark’s full report on GFR stock, click here.

More about Greenfire Resources

Greenfire Resources Ltd. operates in the oil and gas industry, focusing on the production of bitumen. The company holds significant working interests in the Hangingstone Expansion and Demonstration Facilities, which are key assets in its production portfolio.

Average Trading Volume: 98,408

Technical Sentiment Signal: Sell

Current Market Cap: $332.8M

For detailed information about GFR stock, go to TipRanks’ Stock Analysis page.