GREENFIRE RESOURCES LTD. Aktie

Greenfire Resources agrees to acquire all shares of Connacher Oil and Gas for about $1.277 billion in cash. The acquisition is expected to raise production to roughly 34,000 barrels per day in 2026 and to about 65,000 barrels per day in the long term; proved and probable reserves are combined at around 850 million barrels. Identified synergies amount to about $30 million per year. Financing will be via a reserve-based loan (access to ~$700 million) and a $575 million bridge facility, which is covered by a backstopped rights offering. Greenfire expects a leverage ratio of about 1.7x EBITDA for 2027 after repayment of the bridge (assuming WTI $70) and tax loss carryforwards of around $2.8 billion; closing is expected in August 2026. » Więcej na de.investing.com

Greenfire Resources raises its 2026 investment budget from US$180.0 million to US$210.0 million and accelerates development of Pad 8, including an additional well; first production from Pad 8 is expected in Q3 2027. In Q1 2026 bitumen production fell to 14,719 barrels per day; adjusted funds flow was US$24.5 million; adjusted free cash flow showed a deficit of US$25.1 million; and the net loss was US$73.0 million. The company confirms its 2026 production guidance of 13,500–15,500 barrels per day, the credit base remains at US$275.0 million, and the senior credit facility has been extended until 31 May 2028. » Więcej na de.investing.com

Greenfire Resources has cut its 2026 production guidance from 15,500–16,500 to 13,500–15,500 barrels per day due to unplanned drilling interruptions in an expansion project and a higher‑than‑expected decline rate in base production. A highly productive well is being re‑drilled and is expected to return to service in March 2026. In 2025 the company produced 16,169 bbls/d, Capex was USD 111.8m, and Greenfire reported proven reserves of 231.8 million barrels at year‑end 2025. After a rights issue and repayment of high‑yield bonds, Greenfire is debt‑free, has an unused credit line of USD 275m and a strong balance sheet (current ratio 2.27). » Więcej na de.investing.com

Greenfire Resources completed a rights offering of 55,147,055 shares (price C$5.44/US$3.85) and raised about C$298.5m in gross proceeds. Net proceeds plus cash were used to repay senior secured 12% notes of US$237.5m (maturing 2028). The company also agreed an unused revolving credit facility of US$275m and now has 125,404,146 common shares outstanding; the stock rose 6.6% in after-hours trading. » Więcej na de.investing.com

Greenfire Resources announces a revolving $275 million credit facility at reduced costs and a fully underwritten $300 million rights issue to reduce debt and strengthen the capital structure. The company confirms a capital forecast for 2025 of $130 million and a capital budget for 2026 of $180 million. Production is expected to be largely flat in 2026 while operational efficiency measures are implemented. The stock reacted mixed, closing slightly weaker at $4.80 after a pre-market rise. » Więcej na de.investing.com