Greenfire Intends To Undertake Rights Offering In Connection With Proposed Acquisition Of Connacher Oil And Gas; Expects To Launch Rights Offering In August For Gross Proceeds Of At Least $575M

Greenfire Resources Q2 EPS $0.31 Down From $0.50 YoY, Sales $129.597M Up From $104.422M YoY

Greenfire Resources (NYSE:GFR) reported quarterly earnings of $0.31 per share. This is a 38 percent decrease over earnings of $0.50 per share from the same period last year. The company reported $129.597 million in

Greenfire Resources shares are trading higher. The company plans to offer at least $575M worth of shares in connection with its C$1.277B acquisition of Connacher Oil & Gas.

TriCo Bancshares, Verra Mobility, Park Aerospace And Other Big Stocks Moving Higher On Monday

US stocks mixed, Dow Jones up 100 pts. TriCo Bancshares up 10% after First Hawaiian buyout. Other gainers: BRAI, VRRM, AIIO, CNMD, HELE, KRO, SM, GFR, GEVO, PARR, OIO, PKE.

Greenfire Resources Q2 EPS $0.43 Beats $0.04 Estimate, Sales $179.408M Up From $144.542M YoY

Greenfire Resources (TSX:GFR) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.04 by 975 percent. This is a 37.68 percent decrease over earnings of $0.69 per share from the

TD Cowen Initiates Coverage On Greenfire Resources with Buy Rating, Announces Price Target of C$10