Greenfire Resources Ltd. reported its financial and operational results for the second quarter of 2025. The company achieved bitumen production of 15,748 barrels per day. Cash provided by operating activities totaled $17.7 million, while adjusted funds flow was recorded at $33.8 million. Capital expenditures were $10.8 million, resulting in an adjusted free cash flow of $23.0 million. The company reported a net income and comprehensive income of $48.7 million for the quarter ended June 30, 2025. This reflects a significant increase compared to the $30.8 million reported in the same period the previous year and the $16.2 million in the first quarter of 2025. Greenfire Resources holds a 75% working interest in the Hangingstone Expansion Facility and a 100% working interest in the Hangingstone Demonstration Facility. These facilities are key to the company's operations, although no specific outlook or guidance for future performance was provided in the release.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenfire Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 261602) on August 06, 2025, and is solely responsible for the information contained therein.
