Greenfields Petroleum Share Price Crosses 50-Day Moving Average

The oil and gas company's stock trades above its 50-day average for the first time.

Published on Feb. 14, 2026

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Greenfields Petroleum Co. (CVE:GNF), an oil and natural gas company focused on production in Azerbaijan, saw its share price cross above its 50-day moving average of C$0.30 during trading on Friday. The stock reached as high as C$0.31 before closing at C$0.30 with 3,600 shares traded.

Why it matters

Crossing above the 50-day moving average is often seen as a bullish technical signal, indicating the stock may be entering a period of upward momentum. This could signal increased investor interest and potential future price appreciation for Greenfields Petroleum.

The details

Greenfields Petroleum, headquartered in The Woodlands, Texas, holds interests in the Bahar project in Azerbaijan, which includes the Bahar gas field and Gum Deniz oil field. The company has a market cap of C$651,600 and financial ratios indicating a highly leveraged balance sheet.

  • Greenfields Petroleum's share price crossed above its 50-day moving average of C$0.30 on Friday, February 14, 2026.

The players

Greenfields Petroleum Corporation

An oil and natural gas company focused on developing and producing proven reserves in the Republic of Azerbaijan.

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The takeaway

Greenfields Petroleum's stock price crossing above its 50-day moving average could signal a potential upward trend for the company's shares, though its highly leveraged balance sheet remains a concern for investors.