GFR (Greenfire Resources) Owner Earnings per Share (TTM): (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GFR Greenfire Resources Ltd GFR
29 GF Score
Price $6.15
GF Value $3.41
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Greenfire Resources Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Greenfire Resources does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Greenfire Resources's Owner Earnings per Share (TTM) or its related term are showing as below:



GFR's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 10.805
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Greenfire Resources's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $0.31. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.23. It's PE Ratio (TTM) ratio for today is At Loss.

Greenfire Resources's EPS without NRI for the three months ended in Jun. 2026 was $0.19. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $0.11. It's PE Ratio without NRI ratio for today is 58.02.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Greenfire Resources Owner Earnings per Share (TTM) Related Terms


Greenfire Resources Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Greenfire Resources's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Greenfire Resources Owner Earnings per Share (TTM) Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Greenfire Resources Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GFR vs REPX, TXO, HPK: Owner Earnings per Share (TTM) Comparison

For the Oil & Gas E&P subindustry, Greenfire Resources's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greenfire Resources Price-to-Owner-Earnings vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Greenfire Resources's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Greenfire Resources's Price-to-Owner-Earnings falls into.


GFR
29GF Score
Greenfire Resources Ltd GFR
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenfire Resources Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Greenfire Resources does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Is Greenfire Resources (GFR) Overvalued in 2026?

Based on GuruFocus' analysis, Greenfire Resources stock appears to be overvalued. The current stock price of $6.15 is trading 80.4% above its estimated GF Value™ of $3.41. GuruFocus considers Greenfire Resources to be Significantly Overvalued.

Key valuation signals for GFR:

  • Owner Earnings per Share (TTM):
  • GF Value™: $3.41 vs. price of $6.15 (80.4% above fair value)
  • GF Score™: 29/100 with 5 warning signs

No single metric tells the full story. See the GFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenfire Resources Business Description

Industry EnergyOil & Gas
Other Exchanges GFR:Canada
Address 350 - 7th Avenue S.W, Suite 800, Calgary, AB, CAN, T2P 3N9
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo. The company has one reportable operating segment which is made up of its oil sands operations based on geographic location : Athabasca oil sands region of Alberta, Canada, nature of the products sold and integration of facilities and operations. The company is actively developing its Hangingstone Facilities using SAGD, an enhanced oil recovery extraction method.
29GF Score

Get the complete analysis for GFR

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.15
Price
$3.41
GF Value