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 40.9% 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 | 33.7% |
| Revenue growth rate | 13.4% |
| Return on equity | 5.1% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Sep 2024 |
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 Sep 24 | 745 | 38 | 25 | 0 |
| 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 has high quality earnings.
Growing Profit Margin: GFR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GFR's earnings have declined by 65.9% per year over the past 5 years.
Accelerating Growth: GFR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GFR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-14.4%).
Return on Equity
High ROE: GFR's Return on Equity (5.1%) is considered low.