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Greenfire Resources posted a Q3 2025 loss of $8.8M, down from a $58.9M profit last year, due to lower production and operating netbacks.
Greenfire Resources Ltd. reported third-quarter 2025 results showing bitumen production of 15,757 barrels per day, down from 19,125 bbls/d in the same period last year.
The company recorded a net loss of $8.8 million, compared to a $58.9 million net income in Q3 2024, primarily due to lower operating netbacks and the absence of prior-year gains.
Adjusted free cash flow was $20.2 million, with $114.7 million in cash and $50 million in available credit.
Capital spending fell to $17.9 million.
The company maintained liquidity and asset stability, with total assets at $1.3 billion as of September 30, 2025.
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Greenfire Resources registró una pérdida de 8.8 millones de dólares en el tercer trimestre de 2025, por debajo de una ganancia de 58.9 millones de dólares el año pasado, debido a una menor producción y retrocesos operativos.