Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
4.865
+0.085 (1.78%)
Apr 24, 2025, 4:00 PM EDT - Market closed

Granite Ridge Resources Statistics

Total Valuation

GRNT has a market cap or net worth of $639.94 million. The enterprise value is $803.74 million.

Market Cap 639.94M
Enterprise Value 803.74M

Important Dates

The next confirmed earnings date is Thursday, May 8, 2025, after market close.

Earnings Date May 8, 2025
Ex-Dividend Date Feb 28, 2025

Share Statistics

GRNT has 131.13 million shares outstanding. The number of shares has decreased by -2.17% in one year.

Current Share Class 131.13M
Shares Outstanding 131.13M
Shares Change (YoY) -2.17%
Shares Change (QoQ) -0.02%
Owned by Insiders (%) 3.06%
Owned by Institutions (%) 29.99%
Float 56.72M

Valuation Ratios

The trailing PE ratio is 34.86 and the forward PE ratio is 7.05.

PE Ratio 34.86
Forward PE 7.05
PS Ratio 1.77
Forward PS 1.31
PB Ratio 1.00
P/TBV Ratio 1.01
P/FCF Ratio n/a
P/OCF Ratio 2.32
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 43.33
EV / Sales 2.24
EV / EBITDA 2.97
EV / EBIT 8.53
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 -27.50% 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 -27.50%
50-Day Moving Average 5.64
200-Day Moving Average 6.16
Relative Strength Index (RSI) 40.03
Average Volume (20 Days) 669,610

Short Selling Information

The latest short interest is 3.52 million, so 2.69% of the outstanding shares have been sold short.

Short Interest 3.52M
Short Previous Month 3.80M
Short % of Shares Out 2.69%
Short % of Float 6.21%
Short Ratio (days to cover) 6.60

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 9.04%.

Dividend Per Share $0.44
Dividend Yield 9.04%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 314.29%
Buyback Yield 2.17%
Shareholder Yield 11.21%
Earnings Yield 2.90%
FCF Yield -11.14%
Dividend Details

Analyst Forecast

The average price target for GRNT is $7.70, which is 58.27% higher than the current price. The consensus rating is "Buy".

Price Target $7.70
Price Target Difference 58.27%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 1.93 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