Greenfire Resources (GFR) Beginning Cash Balance (2021 - 2026)
Greenfire Resources (GFR) posted Beginning Cash Balance of $30.6 million for Q1 2026, down 39.81% sequentially from $50.8 million in Q3 2025, and down 34.86% YoY from $47.0 million in Q1 2025.
Greenfire Resources (GFR) Beginning Cash Balance (2021 - 2026) Analysis & Trends
Greenfire Resources has reported Beginning Cash Balance for 6 years, with the latest figure at $30.6 million in Q1 2026.
- Quarterly Beginning Cash Balance fell 34.86% year-over-year to $30.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $180.6 million (down 42.03% YoY) and the FY2023 annual result came in at $26.2 million, down 44.02% from the prior year.
- Beginning Cash Balance declined to $30.6 million in Q1 2026 per GFR's latest filing, from $50.8 million in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $117.3 million in Q3 2024 and troughed at $16.7 million in Q2 2023.
- A 5-year average of $52.0 million and a median of $50.8 million in 2025 frame the typical range for Beginning Cash Balance.
- The sharpest annual moves came in 2024 and 2025: Beginning Cash Balance soared 326.27% in 2024, then slumped 56.64% in 2025.
- Over 5 years, Beginning Cash Balance stood at $56.3 million in 2022, then plunged by 51.1% to $27.5 million in 2023, then jumped by 326.27% to $117.3 million in 2024, then plunged by 56.64% to $50.8 million in 2025, then slumped by 39.81% to $30.6 million in 2026.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $30.6 million, $50.8 million, and $52.1 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Greenfire Resources | 815,909.15 | -1.33 Mn | 140.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.61 Mn |
| Mar 31, 2026 | 30.61 Mn |
| Sep 30, 2025 | 50.85 Mn |
| Sep 30, 2025 | 50.85 Mn |
| Jun 30, 2025 | 52.14 Mn |
| Jun 30, 2025 | 52.14 Mn |
| Mar 31, 2025 | 46.99 Mn |
| Mar 31, 2025 | 46.99 Mn |
| Sep 30, 2024 | 117.27 Mn |
| Sep 30, 2024 | 117.27 Mn |
| Jun 30, 2024 | 65.97 Mn |
| Jun 30, 2024 | 65.97 Mn |
| Mar 31, 2024 | 81.28 Mn |
| Mar 31, 2024 | 81.28 Mn |
| Sep 30, 2023 | 27.51 Mn |
| Sep 30, 2023 | 27.51 Mn |
| Jun 30, 2023 | 16.68 Mn |
| Jun 30, 2023 | 16.68 Mn |
| Mar 31, 2023 | 26.16 Mn |
| Mar 31, 2023 | 26.16 Mn |