Company Analysis

Greenfire Resources Ltd. (GFR)

NYSE: GFR · Crude Petroleum & Natural Gas · Calgary · filing with the SEC since 2023
Grade5.8
◀ Past 6.6● Present 5.3▶ Future 5.2
1 est.

The grade of Greenfire Resources Ltd.

Nine metrics read from its own filings, by tense
Headline grade
5.8/10
◀ Past6.640% of the headline
● Present5.335% of the headline
▶ Future5.225% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.6/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.7/10

Has it survived what it has been through?

No warning events in its filings since 2023.

weight 45% of this tense · 77th percentile among 83 sector filers · read for itself

From the record

Greenfire Resources Ltd.'s filings since 2023 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.8/10

What has it actually done, year after year?

+22.3% a year over 5 filed years; profitable in 4 of 5.

weight 33% of this tense · 58th percentile among 74 sector filers · read for its customers

From the record

Greenfire Resources Ltd.'s 5 filed years say what it did: revenue went from CAD 261 million in fiscal 2021 to CAD 584 million in fiscal 2025, up 22.3% a year; it rose in 2 of 4 years; the deepest fall was 38% from fiscal 2022 to fiscal 2025; net income was positive in 4 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span22.3%top 26% of its family
  • the share of years revenue rosebottom 32% of its family
  • the share of filed years with a profittop 27% of its family
  • the deepest fall from a revenue peak38.4%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.6/10

How has it treated the people who own it?

Share count grew 1.2% a year. 16% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 56th percentile among 61 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Greenfire Resources Ltd.'s diluted share count grew about 1.2% a year, and dividends and buybacks returned about 16% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 49% of its family
  • cash returned against operating cash flowtop 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.3/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.1/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 9%: owes 9¢ per asset dollar.

weight 45% of this tense · 71st percentile among 76 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Greenfire Resources Ltd. earned about 4 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 49 cents per dollar of everything the company owns. Leverage: it owed about 9 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 3% of its family
  • return on equitybottom 42% of its family
  • gross profit against assetstop 7% of its family
  • the share count against the year beforetop 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.4/10

How strong is its position in its industry?

bottom 34% of 76 in its family; net margin 8.1%.

weight 33% of this tense · 34th percentile among 76 sector filers · read for its customers

From the record

Greenfire Resources Ltd.'s standing among 76 graded names in its industry family: revenue of CAD 584 million in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 8.1% ranks in the bottom 49%; revenue growth of -14.9% a year over the last 3 filed years ranks in the bottom 19% (its annual reports).

What it rests on

  • net margin8.1%bottom 49% of its family
  • three-year revenue growth-14.9%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.7/10

What are the people in charge doing?

SI estimate 4.7/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 58 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 58 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 58 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Greenfire Resources Ltd.'s leadership is put at 4.7 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 58 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.2/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.7/10

How much room does it have to grow?

top 33% of 74 in its family for room to expand.

weight 22% of this tense · 67th percentile among 74 sector filers · read for itself

From the record

Greenfire Resources Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of CAD 42 million against no long-term debt tagged leaves 3.3% of its assets as net cash, top 22% of its family; cash from operations less capital spending is 4.2% of revenue (bottom 25%); a gross margin of 107.3% (top 2%) (its annual report).

What it rests on

  • cash less debt against assets3.3%top 22% of its family
  • cash from operations less capital spending against revenue4.2%bottom 25% of its family
  • gross margin107.3%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.3/10

What could actually drive growth from here?

bottom 33% of 72 in its family for growth drivers.

weight 33% of this tense · 33rd percentile among 72 sector filers · read for its customers

From the record

Greenfire Resources Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew -14.9% a year over the last three filed years against 22.3% over all 5, slowing (bottom 8% of its family); the newest year grew -26.1% (bottom 3%); capital spending grew 41.3% a year (top 11%) (its annual reports). Greenfire Resources Ltd. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-37.2 points a yearbottom 8% of its family
  • the newest year's revenue growth-26.1%bottom 3% of its family
  • three-year growth of capital spending41.3%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.9/10

Did its newest year beat what its own record pointed to?

top 41% of 69 in its family for expectations against reality.

weight 45% of this tense · 59th percentile among 69 sector filers · read for its shareholders

From the record

Greenfire Resources Ltd.'s newest year against its own record: revenue of CAD 584 million in fiscal 2025 came in 19.1% below the CAD 722 million its prior three years' pace pointed to (bottom 17% of its family); net income of CAD 48 million against a prior three-year average of CAD 39 million (top 22%); a net margin of 8.1% against 2.8% before (top 17%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-19.1%bottom 17% of its family
  • net income against the prior three years' average+21%top 22% of its family
  • net margin against its prior average+5.3 pointstop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GFR · research, not advice