Granite Ridge Resources Statistics
Total Valuation
GRNT has a market cap or net worth of $811.04 million. The enterprise value is $974.84 million.
Important Dates
The last earnings date was Thursday, March 6, 2025, after market close.
| Earnings Date | Mar 6, 2025 |
| Ex-Dividend Date | Feb 28, 2025 |
Share Statistics
GRNT has 130.81 million shares outstanding. The number of shares has decreased by -2.17% in one year.
| Current Share Class | 130.81M |
| Shares Outstanding | 130.81M |
| Shares Change (YoY) | -2.17% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 3.17% |
| Owned by Institutions (%) | 30.34% |
| Float | 64.06M |
Valuation Ratios
The trailing PE ratio is 44.29 and the forward PE ratio is 7.97. GRNT's PEG ratio is 19.21.
| PE Ratio | 44.29 |
| Forward PE | 7.97 |
| PS Ratio | 2.25 |
| Forward PS | 1.66 |
| PB Ratio | 1.28 |
| P/TBV Ratio | 1.28 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 2.94 |
| PEG Ratio | 19.21 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 52.56 |
| EV / Sales | 2.72 |
| EV / EBITDA | 3.60 |
| EV / EBIT | 10.35 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.33, with a Debt / Equity ratio of 0.32.
| Current Ratio | 1.33 |
| Quick Ratio | 1.09 |
| Debt / Equity | 0.32 |
| Debt / EBITDA | 0.76 |
| Debt / FCF | n/a |
| Interest Coverage | 5.10 |
Financial Efficiency
Return on equity (ROE) is 2.87% and return on invested capital (ROIC) is 7.26%.
| Return on Equity (ROE) | 2.87% |
| Return on Assets (ROA) | 6.00% |
| Return on Invested Capital (ROIC) | 7.26% |
| Return on Capital Employed (ROCE) | 10.08% |
| Revenue Per Employee | $119.68M |
| Profits Per Employee | $6.18M |
| Employee Count | 3 |
| Asset Turnover | 0.37 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GRNT has paid $6.21 million in taxes.
| Income Tax | 6.21M |
| Effective Tax Rate | 24.86% |
Stock Price Statistics
The stock price has decreased by -1.27% in the last 52 weeks. The beta is 0.20, so GRNT's price volatility has been lower than the market average.
| Beta (5Y) | 0.20 |
| 52-Week Price Change | -1.27% |
| 50-Day Moving Average | 6.09 |
| 200-Day Moving Average | 6.25 |
| Relative Strength Index (RSI) | 60.02 |
| Average Volume (20 Days) | 542,138 |
Short Selling Information
The latest short interest is 3.49 million, so 2.67% of the outstanding shares have been sold short.
| Short Interest | 3.49M |
| Short Previous Month | 3.50M |
| Short % of Shares Out | 2.67% |
| Short % of Float | 5.45% |
| Short Ratio (days to cover) | 6.68 |
Income Statement
In the last 12 months, GRNT had revenue of $359.03 million and earned $18.55 million in profits. Earnings per share was $0.14.
| Revenue | 359.03M |
| Gross Profit | 296.56M |
| Operating Income | 94.22M |
| Pretax Income | 72.91M |
| Net Income | 18.55M |
| EBITDA | 270.75M |
| EBIT | 94.22M |
| Earnings Per Share (EPS) | $0.14 |
Full Income StatementBalance Sheet
The company has $41.20 million in cash and $205.00 million in debt, giving a net cash position of -$163.80 million or -$1.25 per share.
| Cash & Cash Equivalents | 41.20M |
| Total Debt | 205.00M |
| Net Cash | -163.80M |
| Net Cash Per Share | -$1.25 |
| Equity (Book Value) | 635.35M |
| Book Value Per Share | 4.86 |
| Working Capital | 33.41M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $275.73 million and capital expenditures -$346.99 million, giving a free cash flow of -$71.26 million.
| Operating Cash Flow | 275.73M |
| Capital Expenditures | -346.99M |
| Free Cash Flow | -71.26M |
| FCF Per Share | -$0.54 |
Full Cash Flow StatementMargins
Gross margin is 82.60%, with operating and profit margins of 26.24% and 5.22%.
| Gross Margin | 82.60% |
| Operating Margin | 26.24% |
| Pretax Margin | 6.95% |
| Profit Margin | 5.22% |
| EBITDA Margin | 75.41% |
| EBIT Margin | 26.24% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 7.10%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 7.10% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 314.29% |
| Buyback Yield | 2.17% |
| Shareholder Yield | 9.26% |
| Earnings Yield | 2.29% |
| FCF Yield | -8.79% |
Dividend DetailsAnalyst Forecast
The average price target for GRNT is $7.70, which is 24.19% higher than the current price. The consensus rating is "Buy".
| Price Target | $7.70 |
| Price Target Difference | 24.19% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on March 26, 2021. It was a forward split with a ratio of 2.5:1.
| Last Split Date | Mar 26, 2021 |
| Split Type | Forward |
| Split Ratio | 2.5:1 |
Scores
GRNT has an Altman Z-Score of 1.93 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.93 |
| Piotroski F-Score | 4 |