GLND · NASDAQ · Oil & Gas Exploration & Production

Greenland Energy (GLND)

Explores the Jameson Land Basin through funded drilling milestones.

$2.92
Pre-market+0.02 (+0.53%)
At close$2.91(+142.08%)
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Greenland Energy Company Common StockGLND
Energy

Focuses on exploration at East Greenland's Jameson Land Basin and has not begun commercial production. Its public listing resulted from a business combination.

Targets the Jameson Land Basin in East Greenland, where exploration rights can be earned through funded drilling milestones. The planned OPW-1 and OPW-6 program defines the current operating focus; commercial production and oil-and-gas operating revenue had not begun in the quarterly filing cited in the context.

Formed through a business combination, the public company is led by chief executive Robert Price. Its business is centered on the Greenland exploration program rather than producing oil and gas.

Execution of funded exploration and drilling milestones in Greenland is the material operational dependency. Those activities remain exploration-stage and do not establish reserves, production, or revenue.

Company facts

CEORobert Price
ListedMar 26, 2026
ExchangeNASDAQ
HeadquartersDenver, CO
CountryUnited States
Employees3
CIK0002093507
ISINUS70580B1061

Market cap$125.9M
EPS (ttm)
P/E (ttm)
ROE
P/B1.90
P/S
Dividend yieldDiv yield
Beta1.59vs XLE −1.04

No analyst consensus on record.

EPSReportedEstimate

May '26Aug '26
Reported−$0.04−$0.13
Estimate
Surprise

RevenueReportedEstimate

May '26Aug '26
Reported
Estimate
Surprise
Estimate
Reported−$0.13
Estimate
Reported
View details

Debt to equity0.00%
Current ratio2,793.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0
Net income−$43.1K−$19.6K$307.4K$514.6K$446.6K−$818.7K−$4.9M
Net margin

GrowthOperating income

Q3 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$43.1K−$19.9K−$331.2K−$375.3K−$373.8K−$818.7K−$4.9M
YoY growthLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $37.4M · Total debt $0 · Total assets $67.6M · Shareholders' equity $66.2M

Revenue
$0
Operating income
−$4.9M
Net income
−$4.9M
View details

No dividends on record.

Institutions13.65%5.97M shares
41 holders · as of Jun 30, 2026
Other86.35%37.76M shares
remainder

43.73M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Hite Hedge Asset Management LLCInstitution
3.50%1.53Mas of Jun 30, 2026
Graham Capital Management, L.P.Institution
1.23%538,227as of Jun 30, 2026
BlackRock, Inc.Institution
1.22%534,166as of Jun 30, 2026
UBS Group AGInstitution
1.00%439,231as of Jun 30, 2026
Geode Capital Management, LLCInstitution
0.91%399,600as of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Greenland Energy$2.92+0.53%$125.9M
EOG Resources$139.07−1.70%$75.30B11.09.02.8+60.5%
Median11.09.02.8+60.5%