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GFR| Name | Value |
|---|---|
| Revenues | 179.7M |
| Cost of Revenue | 127.3M |
| Gross Profit | 52.4M |
| Operating Expense | 0.5M |
| Operating I/L | -0.5M |
| Other Income/Expense | 3.6M |
| Interest Income | 0.1M |
| Pretax | 3.1M |
| Income Tax Expense | 0.9M |
| Net Income/Loss | 2.2M |
Greenfire Resources Ltd. and its subsidiaries focus on the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company's primary revenue stream comes from the extraction of bitumen using steam-assisted gravity drainage (SAGD) technology, a thermal oil recovery process. Their Tier-1 oil sands assets in Western Canada are key to their operations, allowing them to leverage this technology for efficient bitumen recovery and subsequent sale in the market.
