Jane Street Group LLC Acquires New Holdings in Greenfire Resources Ltd. (NYSE:GFR)

Jane Street Group LLC acquired a new position in shares of Greenfire Resources Ltd. (NYSE:GFR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 14,862 shares of the company’s stock, valued at approximately $111,000.

Several other institutional investors have also recently made changes to their positions in GFR. Ninepoint Partners LP acquired a new position in shares of Greenfire Resources during the 2nd quarter worth about $18,562,000. Encompass Capital Advisors LLC lifted its stake in Greenfire Resources by 21.4% during the 2nd quarter. Encompass Capital Advisors LLC now owns 4,374,312 shares of the company’s stock worth $29,527,000 after acquiring an additional 771,756 shares in the last quarter. FMR LLC acquired a new stake in Greenfire Resources during the 3rd quarter worth approximately $3,234,000. Renaissance Technologies LLC purchased a new stake in Greenfire Resources during the 2nd quarter worth about $491,000. Finally, Wexford Capital LP acquired a new stake in Greenfire Resources in the third quarter valued at approximately $5,845,000. Hedge funds and other institutional investors own 88.89% of the company’s stock.

Greenfire Resources Stock Up 0.3 %

Shares of NYSE GFR opened at $7.18 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.67 and a quick ratio of 0.58. Greenfire Resources Ltd. has a 1 year low of $4.68 and a 1 year high of $8.16. The business has a 50-day moving average of $7.06 and a two-hundred day moving average of $7.16. The company has a market capitalization of $498.78 million, a price-to-earnings ratio of 20.51 and a beta of 0.30.

Greenfire Resources Profile

Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen.