Greenfire Resources (GFR) Falls Following Rating Downgrade

Core Viewpoint - Greenfire Resources Ltd. (NYSE:GFR) experienced a significant decline in share price due to a rating downgrade by BMO Capital, raising concerns about the company's financial sustainability in a low-price environment [1][3]. Company Overview - Greenfire Resources Ltd. is an oil sands producer focused on developing long-life and low-decline thermal oil assets in the Athabasca region of Alberta, Canada [2]. Financial Analysis - The stock was downgraded from 'Outperform' to 'Market Perform' with a price target of C$8, as the analyst anticipates that the company will materially outspend its cash flow next year, leading to increased leverage [3]. - The share price fell by 6.02% from September 18 to September 25, 2025, indicating a poor performance relative to other energy stocks [1].