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
DateValue
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