Greenfire Resources (GFR) Asset Writedowns and Impairment (2021 - 2024)
Greenfire Resources (GFR) posted quarterly Asset Writedowns and Impairment of $25656.9 for Q3 2024, up 102.33% year-on-year from $12680.8 in Q4 2023, and up 119.32% on a QoQ basis from $11698.2 in Q2 2024.
Greenfire Resources (GFR) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends
Greenfire Resources (GFR) has reported Asset Writedowns and Impairment for 3 consecutive years, with $25656.9 the latest figure, recorded in Q3 2024.
- Quarterly Asset Writedowns and Impairment rose 102.33% year-over-year to $25656.9 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $62458.1 (up 143.64% YoY) and the FY2023 annual result came in at $50399.3, down 0.72% from the prior year.
- Asset Writedowns and Impairment improved to $25656.9 in Q3 2024 per GFR's latest filing, from $11698.2 in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for GFR reached as high as $25656.9 in Q3 2024 and fell as low as -$180296.2 in Q3 2021.
- A 3-year average of -$10083.3 and a median of $12551.5 in 2023 frame the typical range for Asset Writedowns and Impairment.
- The largest YoY upside for Asset Writedowns and Impairment was 102.33% in 2024 against a maximum downside of 7.57% in 2024.
- Year by year, Asset Writedowns and Impairment stood at -$180296.2 in 2021, then soared by 106.93% to $12487.1 in 2023, then surged by 105.47% to $25656.9 in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $25656.9, $11698.2, and $12615.9 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Greenfire Resources | 777.55 Mn | 777.15 Mn | 35.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 25,656.87 |
| Sep 30, 2024 | 25,656.87 |
| Jun 30, 2024 | 11,698.25 |
| Jun 30, 2024 | 11,698.25 |
| Mar 31, 2024 | 12,615.92 |
| Mar 31, 2024 | 12,615.92 |
| Dec 31, 2023 | 12,487.10 |
| Dec 31, 2023 | 12,487.10 |
| Sep 30, 2023 | 12,680.82 |
| Sep 30, 2023 | 12,680.82 |
| Jun 30, 2023 | 12,655.69 |
| Jun 30, 2023 | 12,655.69 |
| Mar 31, 2023 | 11,835.14 |
| Mar 31, 2023 | 11,835.14 |
| Sep 17, 2021 | -180,296.22 |
| Sep 17, 2021 | -180,296.22 |