Greenfire Resources Past Earnings Performance
Past criteria checks 0/6
Greenfire Resources's earnings have been declining at an average annual rate of -70.7%, while the Oil and Gas industry saw earnings growing at 38.7% annually. Revenues have been declining at an average rate of 0.05% per year.
Key information
-70.7%
Earnings growth rate
-68.8%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | -0.05% |
| Return on equity | -23.4% |
| Net Margin | -22.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Greenfire Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 713 | -159 | 30 | 0 |
| 31 Mar 24 | 672 | -166 | 27 | 0 |
| 31 Dec 23 | 652 | -136 | 25 | 0 |
| 30 Sep 23 | 670 | -62 | 24 | 0 |
| 30 Jun 23 | 714 | 188 | 15 | 0 |
| 31 Mar 23 | 835 | 143 | 14 | 0 |
| 31 Dec 22 | 949 | 132 | 13 | 0 |
| 31 Dec 21 | 261 | 661 | 4 | 0 |
Quality Earnings: GFR is currently unprofitable.
Growing Profit Margin: GFR is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GFR is unprofitable, and losses have increased over the past 5 years at a rate of 70.7% per year.
Accelerating Growth: Unable to compare GFR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GFR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-36.1%).
Return on Equity
High ROE: GFR has a negative Return on Equity (-23.4%), as it is currently unprofitable.