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.
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 HistoryEnterprise 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 StatementBalance 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 SheetCash 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 StatementMargins
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 DetailsAnalyst 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 ForecastsFair 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 |