Greenfire Resources management commentary attributes Q3 2026 adjusted EBITDA growth of 30% to higher oil sales

• Greenfire Resources management commentary attributed third-quarter 2026 adjusted EBITDA growth of 30% to CAD 62.85 million primarily to higher oil sales.
• Higher royalties, diluent expenses and realized risk management contract losses partly offset the sales increase, according to management.
• Production rose 72% to 27,166 barrels daily, primarily reflecting the Great Divide asset acquired through the Connacher acquisition on August 5, 2026.
• Operating netback per barrel fell 26% to CAD 27.89, as higher royalties and realized risk management contract losses outweighed revenue and operating-cost improvements.
• Nine-month adjusted EBITDA declined 17% to CAD 111.19 million, driven by higher diluent expenses, royalties and realized risk management contract losses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenfire Resources Ltd. published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.