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Greenfire Resources (Greenfire Resources) 5-Year Yield-on-Cost % : 0.00 (As of May. 19, 2024)


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What is Greenfire Resources 5-Year Yield-on-Cost %?

Greenfire Resources's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Greenfire Resources's 5-Year Yield-on-Cost % or its related term are showing as below:



GFR's 5-Year Yield-on-Cost % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.795
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Greenfire Resources's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Greenfire Resources's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Greenfire Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Greenfire Resources's 5-Year Yield-on-Cost % falls into.



Greenfire Resources 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Greenfire Resources is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Greenfire Resources  (NYSE:GFR) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Greenfire Resources 5-Year Yield-on-Cost % Related Terms

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Greenfire Resources (Greenfire Resources) Business Description

Traded in Other Exchanges
Address
1900 – 205 5th Avenue SW, Calgary, AB, CAN, T2P 2V7
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.

Greenfire Resources (Greenfire Resources) Headlines

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