$4.40
-6.8%Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a thermal oil recovery process to recover bitumen. The company is headquartered in Calgary, Canada.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $155.5M | $167.3M | $179.9M | $193.6M | $208.2M | $224.0M | $241.0M | $259.2M | $278.8M | $300.0M |
| Maintenance CapEx | -$18.8M | -$20.2M | -$21.8M | -$23.4M | -$25.2M | -$27.1M | -$29.1M | -$31.3M | -$33.7M | -$36.3M |
| Owner Earnings | $136.7M | $147.0M | $158.2M | $170.2M | $183.0M | $196.9M | $211.8M | $227.9M | $245.1M | $263.7M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $126.6M | $126.1M | $125.6M | $125.1M | $124.6M | $124.1M | $123.6M | $123.1M | $122.6M | $122.1M |
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.