Granite Ridge Resources Statistics
Total Valuation
GRNT has a market cap or net worth of $841.99 million. The enterprise value is $900.50 million.
| Market Cap | 841.99M |
| Enterprise Value | 900.50M |
Important Dates
The next estimated earnings date is Thursday, August 8, 2024, after market close.
| Earnings Date | Aug 8, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
GRNT has 130.74 million shares outstanding. The number of shares has decreased by -2.14% in one year.
| Shares Outstanding | 130.74M |
| Shares Change (YoY) | -2.14% |
| Shares Change (QoQ) | -1.48% |
| Owned by Insiders (%) | 52.09% |
| Owned by Institutions (%) | 32.39% |
| Float | 54.11M |
Valuation Ratios
The trailing PE ratio is 14.31 and the forward PE ratio is 8.42.
| PE Ratio | 14.31 |
| Forward PE | 8.42 |
| PS Ratio | 2.15 |
| Forward PS | 1.92 |
| PB Ratio | 1.25 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 14.89 |
| EV / Sales | 2.30 |
| EV / EBITDA | 3.53 |
| EV / EBIT | 10.34 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.55, with a Debt / Equity ratio of 0.20.
| Current Ratio | 2.55 |
| Quick Ratio | 2.18 |
| Debt / Equity | 0.20 |
| Debt / EBITDA | 0.54 |
| Debt / FCF | n/a |
| Interest Coverage | 10.71 |
Financial Efficiency
Return on equity (ROE) is 9.10% and return on invested capital (ROIC) is 7.62%.
| Return on Equity (ROE) | 9.10% |
| Return on Assets (ROA) | 6.60% |
| Return on Capital (ROIC) | 7.62% |
| Revenue Per Employee | $195.88M |
| Profits Per Employee | $30.23M |
| Employee Count | 2 |
| Asset Turnover | 0.43 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GRNT has paid $18.53 million in taxes.
| Income Tax | 18.53M |
| Effective Tax Rate | 23.46% |
Stock Price Statistics
The stock price has decreased by -5.15% in the last 52 weeks. The beta is 0.19, so GRNT's price volatility has been lower than the market average.
| Beta (5Y) | 0.19 |
| 52-Week Price Change | -5.15% |
| 50-Day Moving Average | 6.39 |
| 200-Day Moving Average | 6.14 |
| Relative Strength Index (RSI) | 57.82 |
| Average Volume (20 Days) | 686,268 |
Short Selling Information
The latest short interest is 1.96 million, so 1.50% of the outstanding shares have been sold short.
| Short Interest | 1.96M |
| Short Previous Month | 1.63M |
| Short % of Shares Out | 1.50% |
| Short % of Float | 3.63% |
| Short Ratio (days to cover) | 3.91 |
Income Statement
In the last 12 months, GRNT had revenue of $391.76 million and earned $60.46 million in profits. Earnings per share was $0.45.
| Revenue | 391.76M |
| Gross Profit | 301.79M |
| Operating Income | 80.80M |
| Pretax Income | 78.99M |
| Net Income | 60.46M |
| EBITDA | 254.88M |
| EBIT | 87.13M |
| Earnings Per Share (EPS) | $0.45 |
Balance Sheet
The company has $78.99 million in cash and $137.50 million in debt, giving a net cash position of -$58.51 million or -$0.45 per share.
| Cash & Cash Equivalents | 78.99M |
| Total Debt | 137.50M |
| Net Cash | -58.51M |
| Net Cash Per Share | -$0.45 |
| Equity (Book Value) | 674.02M |
| Book Value Per Share | 5.16 |
| Working Capital | 102.75M |
Cash Flow
In the last 12 months, operating cash flow was $290.05 million and capital expenditures -$301.50 million, giving a free cash flow of -$11.45 million.
| Operating Cash Flow | 290.05M |
| Capital Expenditures | -301.50M |
| Free Cash Flow | -11.45M |
| FCF Per Share | -$0.09 |
Margins
Gross margin is 77.03%, with operating and profit margins of 20.63% and 15.43%.
| Gross Margin | 77.03% |
| Operating Margin | 20.63% |
| Pretax Margin | 20.16% |
| Profit Margin | 15.43% |
| EBITDA Margin | 65.06% |
| EBIT Margin | 22.24% |
| FCF Margin | -2.92% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 6.83%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 6.83% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 97.78% |
| Buyback Yield | 2.14% |
| Shareholder Yield | 8.97% |
| Earnings Yield | 7.18% |
| FCF Yield | -1.36% |
Analyst Forecast
The average price target for GRNT is $8.20, which is 27.33% higher than the current price. The consensus rating is "Buy".
| Price Target | $8.20 |
| Price Target Difference | 27.33% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 3.05% |
| EPS Growth Forecast (5Y) | 1.68% |
Stock Splits
The last stock split was on March 26, 2021. It was a forward split with a ratio of 2499:1000.
| Last Split Date | Mar 26, 2021 |
| Split Type | Forward |
| Split Ratio | 2499:1000 |
Scores
GRNT has an Altman Z-Score of 2.64 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.64 |
| Piotroski F-Score | 6 |