Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
5.90
+0.07 (1.29%)
Jun 6, 2025, 2:38 PM - Market open

Granite Ridge Resources Statistics

Total Valuation

GRNT has a market cap or net worth of $772.91 million. The enterprise value is $991.55 million.

Market Cap 772.91M
Enterprise Value 991.55M

Important Dates

The last earnings date was Thursday, May 8, 2025, after market close.

Earnings Date May 8, 2025
Ex-Dividend Date May 30, 2025

Share Statistics

GRNT has 131.11 million shares outstanding. The number of shares has decreased by -1.60% in one year.

Current Share Class 131.11M
Shares Outstanding 131.11M
Shares Change (YoY) -1.60%
Shares Change (QoQ) +0.15%
Owned by Insiders (%) 3.15%
Owned by Institutions (%) 30.47%
Float 63.24M

Valuation Ratios

The trailing PE ratio is 65.70 and the forward PE ratio is 9.81. GRNT's PEG ratio is 0.72.

PE Ratio 65.70
Forward PE 9.81
PS Ratio 1.94
Forward PS 1.56
PB Ratio 1.21
P/TBV Ratio 1.23
P/FCF Ratio n/a
P/OCF Ratio 2.75
PEG Ratio 0.72
Financial Ratio History

Enterprise Valuation

EV / Earnings 81.82
EV / Sales 2.54
EV / EBITDA 3.44
EV / EBIT 9.48
EV / FCF n/a

Financial Position

The company has a current ratio of 1.20, with a Debt / Equity ratio of 0.40.

Current Ratio 1.20
Quick Ratio 1.11
Debt / Equity 0.40
Debt / EBITDA 0.87
Debt / FCF n/a
Interest Coverage 5.15

Financial Efficiency

Return on equity (ROE) is 1.89% and return on invested capital (ROIC) is 7.72%.

Return on Equity (ROE) 1.89%
Return on Assets (ROA) 6.37%
Return on Invested Capital (ROIC) 7.72%
Return on Capital Employed (ROCE) 10.67%
Revenue Per Employee $130.22M
Profits Per Employee $4.04M
Employee Count 3
Asset Turnover 0.38
Inventory Turnover n/a

Taxes

In the past 12 months, GRNT has paid $4.25 million in taxes.

Income Tax 4.25M
Effective Tax Rate 25.61%

Stock Price Statistics

The stock price has decreased by -7.00% in the last 52 weeks. The beta is 0.28, so GRNT's price volatility has been lower than the market average.

Beta (5Y) 0.28
52-Week Price Change -7.00%
50-Day Moving Average 5.34
200-Day Moving Average 5.98
Relative Strength Index (RSI) 64.26
Average Volume (20 Days) 364,621

Short Selling Information

The latest short interest is 3.18 million, so 2.43% of the outstanding shares have been sold short.

Short Interest 3.18M
Short Previous Month 3.34M
Short % of Shares Out 2.43%
Short % of Float 5.03%
Short Ratio (days to cover) 8.67

Income Statement

In the last 12 months, GRNT had revenue of $390.67 million and earned $12.12 million in profits. Earnings per share was $0.09.

Revenue 390.67M
Gross Profit 327.12M
Operating Income 104.62M
Pretax Income 72.91M
Net Income 12.12M
EBITDA 288.65M
EBIT 104.62M
Earnings Per Share (EPS) $0.09
Full Income Statement

Balance Sheet

The company has $37.92 million in cash and $250.00 million in debt, giving a net cash position of -$212.08 million or -$1.62 per share.

Cash & Cash Equivalents 37.92M
Total Debt 250.00M
Net Cash -212.08M
Net Cash Per Share -$1.62
Equity (Book Value) 631.41M
Book Value Per Share 4.81
Working Capital 21.13M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $283.17 million and capital expenditures -$376.13 million, giving a free cash flow of -$92.96 million.

Operating Cash Flow 283.17M
Capital Expenditures -376.13M
Free Cash Flow -92.96M
FCF Per Share -$0.71
Full Cash Flow Statement

Margins

Gross margin is 83.73%, with operating and profit margins of 26.78% and 3.16%.

Gross Margin 83.73%
Operating Margin 26.78%
Pretax Margin 4.25%
Profit Margin 3.16%
EBITDA Margin 73.89%
EBIT Margin 26.78%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 7.43%.

Dividend Per Share $0.44
Dividend Yield 7.43%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 488.28%
Buyback Yield 1.60%
Shareholder Yield 9.01%
Earnings Yield 1.55%
FCF Yield -11.93%
Dividend Details

Analyst Forecast

The average price target for GRNT is $7.33, which is 24.34% higher than the current price. The consensus rating is "Hold".

Price Target $7.33
Price Target Difference 24.34%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 34.32%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock 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 1.8 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.8
Piotroski F-Score 5