Greenland Energy Company
GLND · NASDAQ · Oil & Gas
Greenland Energy Company is an early-stage oil and gas exploration company focused on developing the Jameson Land Basin in East Greenland.
Current price
$2.21
▼ −$0.10 (4.33%) today
Share price
Live market dataET&A View
Last reviewed 25 September 2026
ET&A sees significant upside from the current price with an attractive risk/reward profile.
Greenland Energy offers speculative exposure to the largely undeveloped hydrocarbon potential of East Greenland through its position in the Jameson Land Basin.
Why we like it
- Holds more cash than debt.
What worries us
- The company is currently losing money.
- The share price has been weak recently.
- The share price swings more than most.
Business Health
Is the business financially healthy?
Some weaknesses
The balance sheet stands out. Watch earnings and margins.
Overall
- Not rated yet
Revenue
Sales over the latest year
- Growth Weak
Earnings
−$88,850 · Loss-making
- Below Average
Margins
Keeps 0% of sales as operating profit
- Not rated yet
Cash generation
Spare cash after running and investing in the business
- Excellent
Balance sheet
More cash than debt
Investor View
More on Greenland Energy Company
Open a section for the detail behind the quick view.
Our full viewET&A's complete thesis — why we hold the view we do.Members
Greenland Energy offers speculative exposure to the largely undeveloped hydrocarbon potential of East Greenland through its position in the Jameson Land Basin. The investment case is driven by the possibility of…
The complete ET&A view
See our full reasoning, what could drive the shares higher or go wrong, our Fair Value and Preferred Entry, and how our view has changed.
- Our View in full
- What could drive it higher / go wrong
- Fair Value & Preferred Entry
- How our view has changed
What could drive it higher — and what could go wrongThe catalysts and risks we are watching.Members
Valuation discussionWhere today's price sits, and how it compares with the company's own history and its peers.Members
Financial and earnings trendsSales, margins, profit, earnings per share and cash, year by year.
Not enough annual results have been published to show a trend yet.
Who it suitsStrategy suitability and investment style.
Long-term growth investors
Also suits: Adventurous investors comfortable with big swings
How it compares with peersOther companies we cover in Oil & Gas.
- Reliance Industries LimitedRELIANCE
ET&A sees significant upside from the current price with an attractive risk/reward profile.
- TotalEnergies SETTE
ET&A sees significant upside from the current price with an attractive risk/reward profile.
- Saudi Aramco2222
ET&A sees significant upside from the current price with an attractive risk/reward profile.
Compare Greenland Energy Company with any company → The model’s own peer calculations are in the Research View.
What the company doesThe full company profile.
Greenland Energy Company is an early-stage oil and gas exploration company focused on developing the Jameson Land Basin in East Greenland. The company has exposure to more than 2 million acres across the basin, where historical exploration and seismic work have identified more than 50 potential oil and gas prospects. Its strategy is centred on exploring and evaluating these resources with the aim of establishing a commercially viable hydrocarbon development.
The company remains pre-production, making its investment case highly dependent on exploration success, permitting and future project development. Greenland Energy provides speculative exposure to Greenland’s largely undeveloped hydrocarbon potential, with the region’s growing strategic importance and Western focus on energy security providing a broader backdrop to the opportunity.
Oil & Gas · USA
Research ViewOpen the full researchThe full researchFull financial statements, valuation multiples, historical data, forecasts, methodology, scoring calculations and the valuation model.OpenClose
For detailed analysis. Each section opens on its own.
Financial statementsEvery published figure with its source, the market snapshot and connected sheets.
Income
- Net income
- −$88,850Market data
Margins & returns
- Gross margin
- Below Average0.0%Market data
- EBITDA margin
- 0.0%Market data
- Operating margin
- Below Average0.0%Market data
- Net margin
- Below Average0.0%Market data
Balance sheet
- Cash
- $37mMarket data
- Total debt
- $0Market data
- Net cash (more cash than debt)
- $37mMarket data
Shares & dividends
- Shares outstanding
- 43.7mMarket data
- Market capitalisation
- $171mMarket data
- Dividend per share
- $0.00Market data
- Dividend yield
- Weak0.0%Market data
- Market data — the live feed (Yahoo Finance)
Other published figures
- Price / Book
- Members
Market data
LiveAs of 13 October 2026
Valuation multiplesP/E, forward P/E, EV/EBITDA, Price/Sales and FCF yield — today and at Fair Value.Members
Standard ways of comparing the share price with the company’s earnings, sales and cash. Tap the “i” for what each one means.
| Measure | Today | Source |
|---|---|---|
| P/E | Members | |
| Forward P/E | Members | |
| EV/EBITDA | Members | |
| Price/Sales | Members | |
| FCF Yield | Members |
Valuation ratios are part of ET&A membership.
Other published measures
- Price / Book
- Members
Historical dataValuation history, how our view has changed, and the share-price history.
Share-price history
Use the 5Y and Max ranges on the price chart at the top of the page.
ForecastsWhat analysts expect — market consensus, not ET&A estimates.
No forecasts are available for this company.
MethodologyHow ET&A values a company and reaches a view.
How we value Greenland Energy Company
- 1. The right method for the business. Each business is valued on the method that suits its economics — earnings for most companies, book value and returns for banks and insurers, cash flows or dividends where earnings mislead.
- 2. What the business deserves. ET&A builds a fair multiple from the company's own quality, sustainable growth, earnings predictability and risk. History, peers and the market are checked against it, but they don't set it.
- 3. Fair Value. The earnings (or other basis) per share multiplied by that fair multiple, cross-checked against independent methods.
- 4. Preferred Entry. A price below Fair Value that leaves room for the return ET&A requires for the company's risk.
- 5. Is it expensive? Today’s price is placed on ET&A’s Valuation Attractiveness scale — the same measure the ET&A Score uses. Cheap is the Preferred Entry; above Fair Value the shares are Expensive, and Very Expensive once they are more than 25% above it.
Powered by the ET&A Valuation FrameworkHow Fair Value & Preferred Entry work →
Read the full ET&A methodology →How we reach a view
The ET&A View combines our assessment of the business with where today’s price sits against our Preferred Entry and Fair Value. It is a considered judgement, not a mechanical score.
- Business quality
- Financial performance
- Growth outlook
- Debt and financial strength
- Valuation
- Risk
- What could drive it higher
- Buy
- ET&A sees significant upside from the current price with an attractive risk/reward profile.
- Accumulate
- ET&A likes the company but would prefer investors to build exposure gradually.
- Hold
- ET&A sees limited reason to buy aggressively or sell at the current price.
- Reduce
- ET&A believes the current valuation or risk profile makes a smaller position more appropriate.
- Sell
- ET&A believes the downside risk materially outweighs the potential return at the current price.
ET&A Score: ET&A's overall assessment of business quality, valuation, growth and risk, out of 10. It weighs business quality, financial strength, growth, valuation, risk, future prospects.
Powered by the ET&A Company Assessment FrameworkSee the full framework →
Scoring calculationsBehind the ET&A Score and the Business Health ratings.
Behind the ET&A Score
The automatic, rules-based scores that feed our research. The ET&A Score blends these with our own analysis of the business and its value. How the framework works →
ET&A Quant Score
Strong balance sheet · Weak
Context — not part of the score
- Valuation multiplesFairly priced
- Share-price steadinessVery high volatility
- IncomeNo dividend
Valuation and share-price swings describe the shares, not the company, so they are judged in the ET&A Score and View instead.
- Annualised volatility
- Members
- Max drawdown (1y)
- Members
- 3-month return
- Members
- Dividend yield
- Members
Based on the factors that could be measured (25% of the model).
Business Health ratings
Each area is scored from 0 to 10 on ET&A’s methodology scales — the same ones our research uses — then given a word: Excellent from 8.5, Strong from 7, Good from 5.5, Average from 4.5, Below Average from 3, Weak below 3. The overall answer is the average of the areas we could rate (at least three); the dividend isn’t part of it.
| Area | Based on | Score | Rating |
|---|---|---|---|
| Revenue | Needs revenue growth to rate. Rated on the latest year's revenue growth, on ET&A's growth scale. | — | Not rated |
| Earnings |
A loss-making company is always rated Weak for earnings. | 1.0 / 10 | Weak |
| Margins |
The average of operating and net margin, each scored on ET&A's margin scales. A negative margin scores 1 (Weak). | 3.0 / 10 | Below Average |
| Cash generation | Needs free cash flow to rate. Free cash flow as a share of sales, on ET&A's cash-generation scale. | — | Not rated |
| Balance sheet |
Net debt ÷ EBITDA — roughly how many years of operating earnings would repay the debt — on ET&A's leverage scale. | 8.5 / 10 | Excellent |
| Overall | Average of the 3 rated areas | 4.2 / 10 | Below Average |
ET&A's scales
Where each band starts on the scales above. They are fixed and identical for every company we cover; they come straight from ET&A’s methodology, so a company is judged the same way here as in our research.
| Measure | Excellent | Strong | Good | Average | Below Average | Weak |
|---|---|---|---|---|---|---|
| GrowthStructural Growth (Fundamental Conviction) | 18%+ | 10%+ | 5.0%+ | 1.7%+ | −2.5%+ | below −2.5% |
| Operating marginCompetitive Position (Fundamental Conviction) | 29%+ | 20%+ | 13%+ | 7.5%+ | 0%+ | below 0% (loss) |
| Net marginEarnings Durability (Fundamental Conviction) | 23%+ | 15%+ | 9.8%+ | 6.0%+ | 0%+ | below 0% (loss) |
| Free-cash-flow marginCapital Allocation (Fundamental Conviction) | 15%+ | 8.5%+ | 3.8%+ | 1.3%+ | −2.5%+ | below −2.5% |
| Net debt ÷ EBITDAStructural Risk (Fundamental Conviction) | net cash | ≤ 1.5× | ≤ 2.8× | ≤ 3.6× | ≤ 5.0× | above 5.0× |
| Return on equity (banks & insurers)Bank and insurer quality | 16%+ | 12%+ | 9.0%+ | 6.7%+ | 2.7%+ | below 2.7% |
| Equity ÷ assetsBank capital | 7.5%+ | 6.0%+ | 4.7%+ | 4.0%+ | any | — |
| Dividend yieldIncome factor (ET&A Quant Score) | 5.8%+ | 4.0%+ | 2.5%+ | 1.8%+ | 1.0%+ | below 1.0% |
Band floors: Excellent 8.5 · Strong 7 · Good 5.5 · Average 4.5 · Below Average 3 (scores out of 10). Utilities and property companies’ structural debt is scored 6.5, as in ET&A’s risk model.
Valuation model outputsFair Value, the 12-Month Price Target, Preferred Entry and the expected return — and how each was calculated.Members
Peer calculationsThe comparable companies the valuation model used, with their multiples and returns.Members
Detailed assumptionsEvery input the valuation model used, with its source.Members
Research notesNo research notes published yet.
No research notes have been published for Greenland Energy Company yet.
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