Granite Ridge Resources Statistics
Total Valuation
GRNT has a market cap or net worth of $841.99 million. The enterprise value is $900.50 million.
Market Cap | 841.99M |
Enterprise Value | 900.50M |
Important Dates
The next estimated earnings date is Thursday, August 8, 2024, after market close.
Earnings Date | Aug 8, 2024 |
Ex-Dividend Date | May 31, 2024 |
Share Statistics
GRNT has 130.74 million shares outstanding. The number of shares has decreased by -2.14% in one year.
Shares Outstanding | 130.74M |
Shares Change (YoY) | -2.14% |
Shares Change (QoQ) | -1.48% |
Owned by Insiders (%) | 52.09% |
Owned by Institutions (%) | 32.39% |
Float | 54.11M |
Valuation Ratios
The trailing PE ratio is 14.31 and the forward PE ratio is 8.42.
PE Ratio | 14.31 |
Forward PE | 8.42 |
PS Ratio | 2.15 |
Forward PS | 1.92 |
PB Ratio | 1.25 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | 14.89 |
EV / Sales | 2.30 |
EV / EBITDA | 3.53 |
EV / EBIT | 10.34 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.55, with a Debt / Equity ratio of 0.20.
Current Ratio | 2.55 |
Quick Ratio | 2.18 |
Debt / Equity | 0.20 |
Debt / EBITDA | 0.54 |
Debt / FCF | n/a |
Interest Coverage | 10.71 |
Financial Efficiency
Return on equity (ROE) is 9.10% and return on invested capital (ROIC) is 7.62%.
Return on Equity (ROE) | 9.10% |
Return on Assets (ROA) | 6.60% |
Return on Capital (ROIC) | 7.62% |
Revenue Per Employee | $195.88M |
Profits Per Employee | $30.23M |
Employee Count | 2 |
Asset Turnover | 0.43 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, GRNT has paid $18.53 million in taxes.
Income Tax | 18.53M |
Effective Tax Rate | 23.46% |
Stock Price Statistics
The stock price has decreased by -5.15% in the last 52 weeks. The beta is 0.19, so GRNT's price volatility has been lower than the market average.
Beta (5Y) | 0.19 |
52-Week Price Change | -5.15% |
50-Day Moving Average | 6.39 |
200-Day Moving Average | 6.14 |
Relative Strength Index (RSI) | 57.82 |
Average Volume (20 Days) | 686,268 |
Short Selling Information
The latest short interest is 1.96 million, so 1.50% of the outstanding shares have been sold short.
Short Interest | 1.96M |
Short Previous Month | 1.63M |
Short % of Shares Out | 1.50% |
Short % of Float | 3.63% |
Short Ratio (days to cover) | 3.91 |
Income Statement
In the last 12 months, GRNT had revenue of $391.76 million and earned $60.46 million in profits. Earnings per share was $0.45.
Revenue | 391.76M |
Gross Profit | 301.79M |
Operating Income | 80.80M |
Pretax Income | 78.99M |
Net Income | 60.46M |
EBITDA | 254.88M |
EBIT | 87.13M |
Earnings Per Share (EPS) | $0.45 |
Balance Sheet
The company has $78.99 million in cash and $137.50 million in debt, giving a net cash position of -$58.51 million or -$0.45 per share.
Cash & Cash Equivalents | 78.99M |
Total Debt | 137.50M |
Net Cash | -58.51M |
Net Cash Per Share | -$0.45 |
Equity (Book Value) | 674.02M |
Book Value Per Share | 5.16 |
Working Capital | 102.75M |
Cash Flow
In the last 12 months, operating cash flow was $290.05 million and capital expenditures -$301.50 million, giving a free cash flow of -$11.45 million.
Operating Cash Flow | 290.05M |
Capital Expenditures | -301.50M |
Free Cash Flow | -11.45M |
FCF Per Share | -$0.09 |
Margins
Gross margin is 77.03%, with operating and profit margins of 20.63% and 15.43%.
Gross Margin | 77.03% |
Operating Margin | 20.63% |
Pretax Margin | 20.16% |
Profit Margin | 15.43% |
EBITDA Margin | 65.06% |
EBIT Margin | 22.24% |
FCF Margin | -2.92% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 6.83%.
Dividend Per Share | $0.44 |
Dividend Yield | 6.83% |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | 2 |
Payout Ratio | 97.78% |
Buyback Yield | 2.14% |
Shareholder Yield | 8.97% |
Earnings Yield | 7.18% |
FCF Yield | -1.36% |
Analyst Forecast
The average price target for GRNT is $8.20, which is 27.33% higher than the current price. The consensus rating is "Buy".
Price Target | $8.20 |
Price Target Difference | 27.33% |
Analyst Consensus | Buy |
Analyst Count | 5 |
Revenue Growth Forecast (5Y) | 3.05% |
EPS Growth Forecast (5Y) | 1.68% |
Stock Splits
The last stock split was on March 26, 2021. It was a forward split with a ratio of 2499:1000.
Last Split Date | Mar 26, 2021 |
Split Type | Forward |
Split Ratio | 2499:1000 |
Scores
GRNT has an Altman Z-Score of 2.64 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.64 |
Piotroski F-Score | 6 |