14,862 Shares in Greenfire Resources Ltd. (NYSE:GFR) Purchased by Jane Street Group LLC

Jane Street Group LLC bought a new position in shares of Greenfire Resources Ltd. (NYSE:GFR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,862 shares of the company’s stock, valued at approximately $111,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ninepoint Partners LP acquired a new position in Greenfire Resources during the 2nd quarter worth $18,562,000. Wexford Capital LP acquired a new stake in Greenfire Resources in the third quarter worth about $5,845,000. Encompass Capital Advisors LLC increased its stake in shares of Greenfire Resources by 21.4% during the second quarter. Encompass Capital Advisors LLC now owns 4,374,312 shares of the company’s stock valued at $29,527,000 after acquiring an additional 771,756 shares during the period. FMR LLC bought a new position in Greenfire Resources during the third quarter valued at about $3,234,000. Finally, Luxor Capital Group LP grew its position in Greenfire Resources by 8.9% in the second quarter. Luxor Capital Group LP now owns 1,948,026 shares of the company’s stock worth $13,149,000 after buying an additional 159,900 shares during the last quarter. Institutional investors and hedge funds own 88.89% of the company’s stock.

Greenfire Resources Trading Up 0.3 %

Shares of GFR opened at $7.18 on Wednesday. The business’s 50-day moving average price is $7.06 and its 200 day moving average price is $7.16. Greenfire Resources Ltd. has a 1-year low of $4.68 and a 1-year high of $8.16. The company has a current ratio of 0.67, a quick ratio of 0.58 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $498.78 million, a P/E ratio of 20.51 and a beta of 0.30.

Greenfire Resources Company Profile

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.