Greenfire Resources (GFR-RI) Asset Utilization Ratio (2023 - 2026)
Greenfire Resources' (GFR-RI) quarterly Asset Utilization Ratio came in at 0.48 in Q2 2026, down 11.79% year-over-year from 0.55 in Q2 2025, and up 4.36% quarter-over-quarter from 0.46 in Q1 2026.
Analysis
Greenfire Resources (GFR-RI) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Greenfire Resources has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.48 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 11.79% year-over-year to 0.48; the TTM figure through Jun 2026 stood at 0.48 (down 11.79% YoY), while the FY2025 annual figure was 0.57, up 42.25% from the prior year.
- Asset Utilization Ratio came in at 0.48 for Q2 2026 at Greenfire Resources, up from 0.46 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.66 in Q4 2024 to a low of 0.46 in Q1 2026.
- Average Asset Utilization Ratio over 4 years is 0.57, with a median of 0.58 recorded in 2024.
- Year-over-year, Asset Utilization Ratio rose 18.62% in 2024 and retreated 24.2% in 2026.
- Over 4 years, Asset Utilization Ratio stood at 0.56 in 2023, then grew by 18.62% to 0.66 in 2024, then declined by 16.64% to 0.55 in 2025, then retreated by 11.79% to 0.48 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.48 in Q2 2026, 0.46 in Q1 2026, and 0.55 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 0.50 |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 0.39 |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 0.47 |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 0.31 |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 0.47 |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 0.48 |
| 10 | Greenfire Resources | 82.27 Mn | 80.13 Mn | 140.78 Mn | 0.48 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.46 |
| Jun 30, 2025 | 0.55 |
| Mar 31, 2025 | 0.61 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.58 |
| Dec 31, 2023 | 0.56 |
| Sep 30, 2023 | 0.57 |
| Jun 30, 2023 | 0.63 |