Granite Ridge Resources Statistics
Total Valuation
GRNT has a market cap or net worth of $771.39 million. The enterprise value is $873.42 million.
Important Dates
The next confirmed earnings date is Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | Aug 30, 2024 |
Share Statistics
GRNT has 130.74 million shares outstanding. The number of shares has decreased by -1.01% in one year.
| Shares Outstanding | 130.74M |
| Shares Change (YoY) | -1.01% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 1.86% |
| Owned by Institutions (%) | 27.54% |
| Float | 54.07M |
Valuation Ratios
The trailing PE ratio is 13.72 and the forward PE ratio is 10.66. GRNT's PEG ratio is 1.52.
| PE Ratio | 13.72 |
| Forward PE | 10.66 |
| PS Ratio | 2.09 |
| Forward PS | 1.76 |
| PB Ratio | 1.16 |
| P/FCF Ratio | n/a |
| PEG Ratio | 1.52 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 15.42 |
| EV / Sales | 2.35 |
| EV / EBITDA | 3.04 |
| EV / EBIT | 7.72 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.24, with a Debt / Equity ratio of 0.25.
| Current Ratio | 2.24 |
| Quick Ratio | 1.93 |
| Debt / Equity | 0.25 |
| Debt / EBITDA | 0.57 |
| Debt / FCF | n/a |
| Interest Coverage | 8.88 |
Financial Efficiency
Return on equity (ROE) is 8.62% and return on invested capital (ROIC) is 9.19%.
| Return on Equity (ROE) | 8.62% |
| Return on Assets (ROA) | 7.59% |
| Return on Capital (ROIC) | 9.19% |
| Revenue Per Employee | $185.53M |
| Profits Per Employee | $28.32M |
| Employee Count | 2 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GRNT has paid $16.08 million in taxes.
| Income Tax | 16.08M |
| Effective Tax Rate | 22.06% |
Stock Price Statistics
The stock price has decreased by -3.28% in the last 52 weeks. The beta is 0.17, so GRNT's price volatility has been lower than the market average.
| Beta (5Y) | 0.17 |
| 52-Week Price Change | -3.28% |
| 50-Day Moving Average | 6.15 |
| 200-Day Moving Average | 6.25 |
| Relative Strength Index (RSI) | 41.57 |
| Average Volume (20 Days) | 249,586 |
Short Selling Information
The latest short interest is 2.57 million, so 1.97% of the outstanding shares have been sold short.
| Short Interest | 2.57M |
| Short Previous Month | 2.56M |
| Short % of Shares Out | 1.97% |
| Short % of Float | 4.75% |
| Short Ratio (days to cover) | 5.80 |
Income Statement
In the last 12 months, GRNT had revenue of $371.05 million and earned $56.64 million in profits. Earnings per share was $0.43.
| Revenue | 371.05M |
| Gross Profit | 305.04M |
| Operating Income | 113.10M |
| Pretax Income | 72.91M |
| Net Income | 56.64M |
| EBITDA | 287.48M |
| EBIT | 113.10M |
| Earnings Per Share (EPS) | $0.43 |
Full Income StatementBalance Sheet
The company has $62.97 million in cash and $165.00 million in debt, giving a net cash position of -$102.03 million or -$0.78 per share.
| Cash & Cash Equivalents | 62.97M |
| Total Debt | 165.00M |
| Net Cash | -102.03M |
| Net Cash Per Share | -$0.78 |
| Equity (Book Value) | 665.32M |
| Book Value Per Share | 5.09 |
| Working Capital | 83.26M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $280.05 million and capital expenditures -$304.13 million, giving a free cash flow of -$24.08 million.
| Operating Cash Flow | 280.05M |
| Capital Expenditures | -304.13M |
| Free Cash Flow | -24.08M |
| FCF Per Share | -$0.18 |
Full Cash Flow StatementMargins
Gross margin is 82.21%, with operating and profit margins of 30.48% and 15.31%.
| Gross Margin | 82.21% |
| Operating Margin | 30.48% |
| Pretax Margin | 19.65% |
| Profit Margin | 15.31% |
| EBITDA Margin | 77.48% |
| EBIT Margin | 30.48% |
| FCF Margin | -5.35% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 7.46%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 7.46% |
| Dividend Growth (YoY) | -10.20% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 102.31% |
| Buyback Yield | 1.01% |
| Shareholder Yield | 8.47% |
| Earnings Yield | 7.34% |
| FCF Yield | -3.12% |
Dividend DetailsAnalyst Forecast
The average price target for GRNT is $7.95, which is 34.75% higher than the current price. The consensus rating is "Buy".
| Price Target | $7.95 |
| Price Target Difference | 34.75% |
| 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 2.48 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.48 |
| Piotroski F-Score | 5 |