Greenland Energy Company GLND
- Market cap
- $273.8M
- P/E
- —
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Target Price Range
Analyst price targets
Free account| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
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| — | — | — | — | — | — | — | — | 8.98 | 1.09 |
Analyst estimates 2027–2029 Powerpack |
Low Price
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| — | — | — | — | — | — | — | — | 10.19 | 23.00 |
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Greenland Energy Company peers in Oil & Gas E&P
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| KGEI Kolibri Global Energy Inc. | $236.6M | 11.8× | Compare |
| FTW Presidio Production Company | $321.4M | — | Compare |
| PNRG PrimeEnergy Corporation | $333.7M | 13.7× | Compare |
| REI Ring Energy, Inc. | $351.7M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ANNA AleAnna Inc. | $184.7M | 14.3× | Compare |
| EPSN Epsilon Energy Ltd. | $182.6M | 0.0× | Compare |
| PED Pedevco Corp. | $181.7M | 0.0× | Compare |
| AMPY Amplify Energy Corp. | $179.9M | 9.6× | Compare |
Greenland Energy Company (GLND) Latest News
24 Sep
Greenland Energy Company announced a Deed of Variation and Novation with 80 Mile plc and March GL Company extending the existing Jameson Land Farm-Out Agreement for East Greenland's Jameson Land Basin. Greenland Energy will assume March GL's rights and obligations under the Farm-Out, with the longstop date for the first exploration well moved from December 31, 2026 to December 31, 2028, and the second from December 31, 2027 to December 31, 2028. Greenland will bear sole cost for securing and maintaining permits and other approvals required for the drilling program; 80 Mile will stay responsible for other Government Consents and assist with permitting. Greenland will pay 80 Mile £500,000 within five business days of the effective date. The amendment preserves the Farm-Out Agreement while giving more time to progress regulatory approvals. Shifts permitting responsibility to GLND and extends drilling timetable, with a £500,000 fee, materially influencing timing, costs, and regulatory exposure.
21 Sep
US-Denmark-Greenland agreement gives the US authority to bar participants in Greenland's critical minerals and mining sectors, aiming to block China or Russia from accessing the island's resources and addressing national-security concerns. Greenland Energy Company (GLND), an exploration-stage oil and gas firm with no revenue yet, is pushing Arctic exploration in the Jameson Land Basin, planning two wells in 2026 and potentially earning up to a 70% working interest in a project believed to hold up to 13 billion barrels of oil. The permitting process, led by JV partner 80 Mile plc, has been extended to winter 2027 to refine plans and bolster community and regulatory relationships. Stock activity reflected the news: GLND up about 144% in premarket trading to roughly $2.93. The extended review heightens wait time but keeps GLND's strategic prospects tied to Greenland's growing energy profile. Policy shift boosts US-backed security context and may lift GLND sentiment, but the 2027 permitting delay tempers near-term upside.
9 Sep
Greenland Energy Company issues notice to shareholders under UK City Code on Takeovers and Mergers. Notice under takeover code signals possible acquisition that can shift company control and valuation.
8 Sep
Greenland Energy sets merger terms, driving 80 Mile share price up 7%. Merger terms set a major strategic move that can significantly shift company trajectory and investor sentiment.
80 Mile merges with Greenland Energy Company (GLND) to consolidate portfolio. Merger is major strategic move that alters company trajectory and investor sentiment.
19 Aug
Greenland Energy Company's oil drilling delayed after permit dispute. Drilling delay from permit dispute directly hinders Greenland Energy Company's core operations and revenue timeline.
11 Aug
Greenland Energy Company advances its permitting process in Greenland and refines project planning timelines for energy developments. Permitting progress and project planning updates directly shape operational timelines and future viability for Greenland Energy Company.
6 Aug
Greenland Energy Company issues shareholder letter updating on engagements with Greenlandic authorities and regulators along with preparations at the Jameson Land Basin. Regulatory updates and basin preparations mark key progress for core exploration operations.
30 Jul
Greenland Energy (GLND) aligns its Jameson Project with rising global emphasis on energy security. Jameson Project positioning constitutes major strategic move that could significantly shift GLND trajectory and sentiment.
27 Jul
Greenland Energy (GLND) gains relevance as energy-security concerns intensify. Energy-security concerns position GLND for major strategic gains and stronger market trajectory.
13 Jul
Greenland Energy (GLND) gains relevance as energy-security concerns intensify. Intensifying energy-security concerns directly elevate GLND's strategic relevance and market trajectory.
2 Jul
Greenland Energy (GLND) targets untapped potential of Jameson Land Basin. GLND pursues resource development in new basin area.
Stampede Drilling Inc. discloses details on upfront capital funding and rig mobilization for Greenland operations. Rig mobilization and capital funding support GLND Greenland energy operations.
30 Jun
Stampe Drilling Inc. provides upfront capital funding and mobilizes rigs for Greenland operations tied to Greenland Energy Company. Funding and rig mobilization directly enable core Greenland drilling startup and operational progress.
Stampede Drilling secures upfront capital funding and plans rig mobilization for Greenland operations tied to Greenland Energy Company. Rig mobilization enables drilling start that can advance GLND exploration timeline and near-term results.
25 Jun
Greenland Energy (GLND) advances Jameson Land Basin project toward exploration drilling. Progress toward exploration drilling marks major operational milestone with potential to alter company trajectory.
23 Jun
Greenland Energy (GLND) advances Jameson Project as Greenland pursues greater economic self-sufficiency. Project advancement represents major strategic progress that can alter GLND trajectory and investor sentiment.
18 Jun
Greenland Energy (GLND) outlines fully funded plan to drill East Greenland's Jameson Land Basin. Fully funded drilling plan enables major strategic expansion into new basin with potential to significantly boost reserves and alter company trajectory.
9 Jun
Greenland Energy advances Arctic exploration program and secures Halliburton partnership. Halliburton partnership combined with Arctic program advance marks major strategic progress for Greenland Energy.
Greenland Energy Company secures Halliburton partnership ahead of planned East Greenland drilling campaign. Halliburton partnership represents major strategic move that strengthens Greenland Energy drilling execution and market positioning.
Greenland Energy Company announces agreement with Halliburton and updates progress on 2026 Greenland exploration program. Halliburton agreement plus exploration updates mark major operational advances likely to shift GLND trajectory and sentiment.
26 May
Greenland's Jameson Land Basin holds untapped potential that creates a major opportunity for Greenland Energy Company (GLND). Major opportunity from untapped basin potential is positioned to significantly alter GLND trajectory and investor sentiment.
19 May
Greenland Energy (GLND) advances Arctic exploration push in the Jameson Land Basin. GLND's advancement of Arctic exploration in the Jameson Land Basin marks a major strategic move with potential to significantly alter the company's trajectory and investor sentiment.
Greenland Energy (GLND) released an updated investor presentation that highlights its East Greenland exploration strategy. Updated strategy presentation on East Greenland exploration may lift investor sentiment toward GLND's long-term projects.
13 May
Greenland Energy (GLND) advances its Greenland oil strategy through major drilling agreements. Major drilling agreements enable significant expansion of GLND's oil exploration operations in Greenland.
12 May
Greenland Energy (GLND) targets frontier energy opportunities as global supply pressures intensify. Targeting frontier energy amid supply pressures represents a major strategic move to capitalize on market dynamics.
11 May
Greenland Energy Company (GLND) earns 'One to Watch' status for its promising growth potential in the energy sector, driven by strategic initiatives and market positioning. Designation as 'One to Watch' likely boosts investor sentiment and visibility, moderately impacting GLND's market performance.
10 May
Halliburton secures contract with Greenland Energy Company (GLND) in Greenland, enhancing its Arctic exploration potential and underscoring the stock's undervalued status. Halliburton's contract provides GLND with major Arctic operational expansion, poised to significantly lift stock performance and investor interest.
5 May
Greenland Energy (GLND) signed a deal with Halliburton for consulting services to support its energy operations. Partnering with Halliburton for consulting services represents a major strategic move enhancing GLND's technical expertise and operational efficiency.
30 Apr
Greenland Energy (GLND) closed a $70M public offering to fund exploration in Jameson Land. Securing $70M in funding directly enables major Jameson Land exploration projects, significantly boosting growth potential and investor interest.