Greenfire Resources (GFR) has released an update.
Greenfire Resources reported a robust 30% increase in production for Q3 2024, attributed to a successful drilling campaign and completion of maintenance activities. The company is exploring strategic options to enhance shareholder value and has engaged financial advisors for this purpose. Additionally, Waterous Energy Fund Management acquired a significant 43.3% stake in the company.
For further insights into GFR stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Pounds the Table on Tesla Stock
- ‘Breath of Fresh Air,’ Says Daniel Ives About Rivian Stock
- ‘It’s Not Too Late to Load Up,’ Says Analyst About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
