Granite Ridge Resources Statistics
Total Valuation
GRNT has a market cap or net worth of $852.45 million. The enterprise value is $996.70 million.
Important Dates
The last earnings date was 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 -2.07% in one year.
| Current Share Class | 130.74M |
| Shares Outstanding | 130.74M |
| Shares Change (YoY) | -2.07% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 1.87% |
| Owned by Institutions (%) | 27.81% |
| Float | 54.49M |
Valuation Ratios
The trailing PE ratio is 18.09 and the forward PE ratio is 12.07. GRNT's PEG ratio is 1.73.
| PE Ratio | 18.09 |
| Forward PE | 12.07 |
| PS Ratio | 2.38 |
| Forward PS | 1.94 |
| PB Ratio | 1.29 |
| P/TBV Ratio | 1.29 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 2.86 |
| PEG Ratio | 1.73 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 20.88 |
| EV / Sales | 2.78 |
| EV / EBITDA | 3.33 |
| EV / EBIT | 7.96 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.56, with a Debt / Equity ratio of 0.30.
| Current Ratio | 1.56 |
| Quick Ratio | 1.29 |
| Debt / Equity | 0.30 |
| Debt / EBITDA | 0.65 |
| Debt / FCF | n/a |
| Interest Coverage | 7.72 |
Financial Efficiency
Return on equity (ROE) is 7.31% and return on invested capital (ROIC) is 9.83%.
| Return on Equity (ROE) | 7.31% |
| Return on Assets (ROA) | 8.00% |
| Return on Capital (ROIC) | 9.83% |
| Revenue Per Employee | $179.26M |
| Profits Per Employee | $23.86M |
| Employee Count | 2 |
| Asset Turnover | 0.37 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GRNT has paid $15.26 million in taxes.
| Income Tax | 15.26M |
| Effective Tax Rate | 24.15% |
Stock Price Statistics
The stock price has increased by +4.82% 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 | +4.82% |
| 50-Day Moving Average | 6.18 |
| 200-Day Moving Average | 6.32 |
| Relative Strength Index (RSI) | 57.96 |
| Average Volume (20 Days) | 458,130 |
Short Selling Information
The latest short interest is 2.58 million, so 1.98% of the outstanding shares have been sold short.
| Short Interest | 2.58M |
| Short Previous Month | 2.62M |
| Short % of Shares Out | 1.98% |
| Short % of Float | 4.74% |
| Short Ratio (days to cover) | 10.30 |
Income Statement
In the last 12 months, GRNT had revenue of $358.52 million and earned $47.72 million in profits. Earnings per share was $0.36.
| Revenue | 358.52M |
| Gross Profit | 296.07M |
| Operating Income | 125.15M |
| Pretax Income | 72.91M |
| Net Income | 47.72M |
| EBITDA | 299.41M |
| EBIT | 125.15M |
| Earnings Per Share (EPS) | $0.36 |
Full Income StatementBalance Sheet
The company has $50.75 million in cash and $195.00 million in debt, giving a net cash position of -$144.25 million or -$1.10 per share.
| Cash & Cash Equivalents | 50.75M |
| Total Debt | 195.00M |
| Net Cash | -144.25M |
| Net Cash Per Share | -$1.10 |
| Equity (Book Value) | 660.58M |
| Book Value Per Share | 5.05 |
| Working Capital | 47.63M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $297.71 million and capital expenditures -$318.01 million, giving a free cash flow of -$20.29 million.
| Operating Cash Flow | 297.71M |
| Capital Expenditures | -318.01M |
| Free Cash Flow | -20.29M |
| FCF Per Share | -$0.16 |
Full Cash Flow StatementMargins
Gross margin is 82.58%, with operating and profit margins of 34.91% and 13.37%.
| Gross Margin | 82.58% |
| Operating Margin | 34.91% |
| Pretax Margin | 17.62% |
| Profit Margin | 13.37% |
| EBITDA Margin | 83.51% |
| EBIT Margin | 34.91% |
| FCF Margin | -5.35% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 6.75%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 6.75% |
| Dividend Growth (YoY) | -10.20% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 122.10% |
| Buyback Yield | 2.07% |
| Shareholder Yield | 8.82% |
| Earnings Yield | 5.60% |
| FCF Yield | -2.38% |
Dividend DetailsAnalyst Forecast
The average price target for GRNT is $7.60, which is 16.56% higher than the current price. The consensus rating is "Buy".
| Price Target | $7.60 |
| Price Target Difference | 16.56% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| 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 2.17 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.17 |
| Piotroski F-Score | 5 |