Greenland Energy Stock Is Gaining Friday: What’s Going On?

November 13, 2026 Lekha Gupta

Summary

Greenland Energy Company shares advanced during Friday's premarket trading following plans for an all-stock buyout of 80 Mile plc. The proposed deal aims to consolidate regional energy assets, granting the Nasdaq-listed firm complete ownership of specific basin licenses for future exploration.

Greenland Energy Company (NASDAQ:GLND) stock traded higher in Friday’s premarket session after the company announced a proposed all-stock acquisition of 80 Mile plc to consolidate its Greenland energy assets. The company announced Thursday that the transaction would bring 100% ownership of the Jameson Land Basin licenses under one Nasdaq-listed company. The combined business would focus on energy exploration and critical…

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