Greenfire Resources Posts Q1 2026 Loss on Hedging Hit in Latest SEC Filing
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Greenfire Resources Ltd. reported a net loss of C$73.0 million for Q1 2026, primarily due to a C$94.6 million loss on risk management contracts and reduced oil sales, as detailed in its SEC filing. The company experienced a significant cash drop, highlighting balance-sheet pressure despite stable asset values. Analysts rate GFR stock as a Hold with a $9.50 price target, while TipRanks’ AI Analyst scores it as Neutral, citing strong solvency but weaker fundamentals and technical momentum. Greenfire is an Alberta-based energy producer focused on oil production.
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