Greenfire Resources Past Earnings Performance

Past criteria checks 2/6

Greenfire Resources's earnings have been declining at an average annual rate of -65.9%, while the Oil and Gas industry saw earnings growing at 29.3% annually. Revenues have been growing at an average rate of 13.4% per year. Greenfire Resources's return on equity is 5.1%, and it has net margins of 5.1%.

Key information

-65.9%

Earnings growth rate

-69.9%

EPS growth rate

Oil and Gas Industry Growth	37.3%
Revenue growth rate	13.4%
Return on equity	5.1%
Net Margin	5.1%
Last Earnings Update	30 Sep 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

DB:B67 Revenue, expenses and earnings (CAD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	745	38	25
30 Jun 24	713	-159	30
31 Mar 24	672	-166	27
31 Dec 23	652	-136	25
30 Sep 23	670	-62	24
30 Jun 23	714	188	15
31 Mar 23	835	143	14
31 Dec 22	949	132	13
31 Dec 21	261	661	4

Quality Earnings: B67 has high quality earnings.

Growing Profit Margin: B67 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: B67's earnings have declined by 65.9% per year over the past 5 years.

Accelerating Growth: B67 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: B67 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-28.6%).

Return on Equity

High ROE: B67's Return on Equity (5.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 14:41
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenfire Resources Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Randy Ollenberger	BMO Capital Markets Equity Research
Tariq Saad	BMO Capital Markets Equity Research
null null	Peters & Co. Limited