Greenland Energy Company Common Stock
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $64.1M
- Price
- $1.47
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.01%
- Volume
- 272.3K
About
Greenland Energy Company, with its corporate headquarters located in Austin, Texas, is primarily focused on identifying and extracting hydrocarbon deposits throughout Greenland. This enterprise functions as a subsidiary under the control of March GL Company.
Quick stats
Shares outstanding43.7M
Computed float20.1M
Float / shares46.0%
Cash runway (months)6.5
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002093507
AI Summary
AI-generated1/21
standardbearishoperations update
Greenland Energy Company Provides Update on Greenland Permitting Process and Project Planning
Greenland Energy disclosed that the permitting process for its Greenland project has been delayed, with a new target timeline of winter 2027 following a government request for a more extensive review.
The update, provided by JV partner 80 Mile plc, cites the project's complexity as the reason for the extended regulatory scrutiny.
Management characterized the delay as an opportunity to strengthen project planning and optimize logistics, despite the setback to the execution timeline.
Red flags
- Permitting timeline extended to winter 2027 due to regulatory complexity