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Granite Ridge Resources (GRNT)

Profile

Full Name

Granite Ridge Resources, Inc.

Ticker Symbol

GRNT

Exchange

NYSE

Sector

Energy

Industry

Oil & Gas Equipment & Services

Country

United States

IPO

November 6, 2020

Indexes

Not included

Website

http://www.graniteridge.com

Employees

3

Key Details

Price

$4.94(+1.23%)

Market cap

$646.21M(Small cap)

Last Dividend

$0.11

TTM Dividend yield

8.91%

Annual revenue

$380.03M(-3.56% YoY)

Annual EPS

$0.14(-77.05% YoY)

PE ratio

35.29

Next earnings date

May 8, 2025

Next ex-dividend date

N/A

Next split date

N/A

Price

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Current Price

$4.94
GRNT price is $4.94

30-Day Relative Volume

0.72
GRNT 30-day relative volume is 0.72

Price Performance

Price Most recent change

+1.23%
GRNT price was up +1.23% on Apr 25, 2025

Price YTD change

-23.53%
GRNT price is down -23.53% since January 1st

Price 1-year change

-22.93%
GRNT price is down -22.93% year-on-year

Price 3-year change

-50.05%
GRNT price is down -50.05% over the past 3 years

Price Range

Price All-time high

$14.00
GRNT price is currently -64.71% below its historical high of $14.00

Price 3-year low

$4.52
GRNT price is currently +9.29% above its 3-year low

Capitalization

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Market cap

Market cap

$646.21M
GRNT market capitalization is $646.21 million

Market cap 3-year change

-
GRNT market capitalization 3-year change is unknown

Market cap All-time high

$1.36B
GRNT market capitalization is currently -52.59% below its historical high of $1.36 billion

Market cap sector rank

37.35%
GRNT market capitalization is higher than 37.35% of companies in Energy sector

Shares Outstanding

Shares Outstanding 1-Year Change

+0.05%
GRNT shares outstanding is up +0.05% year-on-year

Shares Outstanding 3-Year Change

-
GRNT shares outstanding 3-year change is unknown

Technical Indicators

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Beta

1.10
GRNT beta is 1.10

200-day SMA

$6.15
GRNT price is currently -19.66% below its 200-day simple moving average

50-day SMA

$5.62
GRNT price is currently -12.02% below its 50-day simple moving average

RSI

41.97
GRNT 14-day relative strength index is 41.97

Volume

0.72
GRNT 30-day relative volume is 0.72

ATR

$0.22
GRNT average true range is $0.22

10-day Historical Volatility

42.26%
GRNT 10-day historical volatility is 42.26%

Dividend

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Events

Last Paid Dividend

$0.11
GRNT last dividend was $0.11 per share, with an ex-dividend date of February 28, 2025

Next Dividend

-
GRNT next dividend has not yet been announced

Dividend per share

Dividend per share

$0.44
GRNT annual dividend per share is $0.44

Dividend per share Sector Rank

25.15%
GRNT annual dividend per share is higher than 25.15% of companies in Energy sector

Dividend per share 1-Year Change

0%
GRNT {parameterFullLabel} has remained unchanged year-on-year

Dividend per share 3-Year Change

-
GRNT annual dividend per share 3-year change is unknown

Dividend yield

Dividend yield

8.91%
GRNT annual dividend yield is 8.91%

Dividend yield Sector Rank

75.31%
GRNT annual dividend yield is higher than 75.31% of companies in Energy sector

Other

Payout ratio

306.49%
GRNT annual payout ratio is 306.49%

Dividends paid

$57.49M
GRNT annual dividends paid is $57.49 million

Free cash flow

-$71.26M
GRNT annual free cash flow is -$71.26 million

Income Statement

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Revenue

Revenue

$380.03M
GRNT annual revenue is $380.03 million

Revenue Analysts estimate

$470.83M
GRNT annual revenue is currently -19.28% lower than the consensus analysts' forecast

Revenue 1-year change

-3.56%
GRNT annual revenue is down -3.56% year-on-year

Revenue Sector rank

29.8%
GRNT annual revenue is higher than 29.8% of companies in Energy sector

EPS

EPS

$0.14
GRNT annual earnings per share is $0.14

EPS Analysts estimate

$0.69
GRNT annual earnings per share is currently -79.78% lower than the consensus analysts' forecast

EPS 1-year change

-77.05%
GRNT annual earnings per share is down -77.05% year-on-year

EPS Sector rank

30.52%
GRNT annual earnings per share is higher than 30.52% of companies in Energy sector

Profit

Gross profit

$120.03M
GRNT annual gross profit is $120.03 million

Gross margin

31.59%
GRNT annual gross profit margin is 31.59%

Operating profit

$95.63M
GRNT annual operating income is $95.63 million

Operating margin

25.16%
GRNT annual operating profit margin is 25.16%

Net income

$18.76M
GRNT annual net profit is $18.76 million

Net margin

4.94%
GRNT annual net profit margin is 4.94%

Expenses

Total expenses

$284.40M
GRNT annual total expenses is $284.40 million

Operating expenses

$24.41M
GRNT annual total operating expenses is $24.41 million

Cost of goods sold

$260.00M
GRNT annual cost of goods sold is $260.00 million

Selling, general & administrative expenses

$24.65M
GRNT annual SGA is $24.65 million

Depreciation and amortization

-
GRNT annual depreciation & amortization value is unknown

Interest expense

$18.47M
GRNT annual interest expense is $18.47 million

Income tax

$6.21M
GRNT annual income tax is $6.21 million

EBIT & EBITDA

EBIT

$43.44M
GRNT annual earnings before interest & taxes is $43.44 million

EBITDA

$219.97M
GRNT annual EBITDA is $219.97 million

Balance Sheet

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Assets

Total assets

$1.04B
GRNT annual total assets is $1.04 billion

Non current assets

$901.26M
GRNT annual long term assets is $901.26 million

Current assets

$135.22M
GRNT annual total current assets is $135.22 million

Cash and cash equivalents

$9.42M
GRNT annual cash & cash equivalents is $9.42 million

Accounts receivable

$69.69M
GRNT annual accounts receivable is $69.69 million

Inventory

-
GRNT annual inventory value is unknown

Liabilities

Total liabilities

$401.13M
GRNT annual total liabilities is $401.13 million

Long term liabilities

$299.32M
GRNT annual total long term liabilities is $299.32 million

Current liabilities

$101.81M
GRNT annual total current liabilities is $101.81 million

Accounts payable

$26.44M
GRNT annual accounts payable is $26.44 million

Debt

Total debt

$205.00M
GRNT annual total debt is $205.00 million

Total debt 1-year change

+86.36%
GRNT annual total debt is up +86.36% year-on-year

Long term debt

$205.00M
GRNT annual long term debt is $205.00 million

Short term debt

-
GRNT annual short term debt value is unknown

Equity & Capital

Shareholders equity

$635.35M
GRNT annual stockholders equity is $635.35 million

Book value

$635.35M
GRNT annual book value is $635.35 million

Retained earnings

$16.05M
GRNT annual retained earnings is $16.05 million

Working capital

$33.41M
GRNT annual working capital is $33.41 million

Cash Flow Statement

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Cashflow Activities

Cash from operations

$275.73M
GRNT annual cash flow from operations is $275.73 million

Cash from operations 1-year change

-8.96%
GRNT annual cash flow from operations is down -8.96% year-on-year

Cash from investing

-$310.77M
GRNT annual cash flow from investing activities is -$310.77 million

Cash from investing 1-year change

+12.87%
GRNT annual cash flow from investing activities is up +12.87% year-on-year

Cash from financing

$33.72M
GRNT annual cash flow from financing activities is $33.72 million

Cash from financing 1-year change

+151.56%
GRNT annual cash flow from financing activities is up +151.56% year-on-year

CAPEX

CAPEX

$346.99M
GRNT annual capital expenditures is $346.99 million

CAPEX 1-year change

-3.4%
GRNT annual capital expenditures is down -3.4% year-on-year

Free Cash Flow

Free cash flow

-$71.26M
GRNT annual free cash flow is -$71.26 million

Free cash flow 1-year change

-26.5%
GRNT annual free cash flow is down -26.5% year-on-year

Profitability Ratios

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Margins

Gross margin

31.59%
GRNT annual gross profit margin is 31.59%

Operating margin

25.16%
GRNT annual operating profit margin is 25.16%

Net margin

4.94%
GRNT annual net profit margin is 4.94%

ROA & ROE

ROA

1.91%
GRNT annual return on assets is 1.91%

ROE

2.87%
GRNT annual return on equity is 2.87%

Valuation

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PE Ratio

PE ratio

35.29
GRNT price to earnings ratio is 35.29

PE ratio Sector rank

86.67%
GRNT price to earnings ratio is higher than 86.67% of companies in Energy sector

PB Ratio

PB ratio

1.02
GRNT price to book ratio is 1.02

PB ratio Sector rank

37.9%
GRNT price to book ratio is higher than 37.9% of companies in Energy sector

PS Ratio

PS ratio

1.70
GRNT price to sales ratio is 1.70

PS ratio Sector rank

60.68%
GRNT price to sales ratio is higher than 60.68% of companies in Energy sector

Enterprise value

Enterprise value

$841.80M
GRNT enterprise value is $841.80 million

Enterprise value Sector rank

32.92%
GRNT enterprise value is higher than 32.92% of companies in Energy sector

EV/EBITDA

EV/EBITDA

3.83
GRNT EV/EBITDA is 3.83

EV/EBITDA Sector rank

33.48%
GRNT EV/EBITDA is higher than 33.48% of companies in Energy sector

Financial Health

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Liquidity

Current ratio

1.33
GRNT annual current ratio is 1.33

Quick ratio

-
GRNT annual quick ratio value is unknown

Leverage

Debt to equity

0.32
GRNT annual debt to equity ratio is 0.32

Interest coverage ratio

2.35
GRNT annual interest coverage ratio is 2.35

Risk & Stability

Piotroski F-Score

4
GRNT piotroski f-score is 4

Altman Z-Score

1.53
GRNT altman z-score is 1.53

Analyst ratings

Recent major analysts updates

Mar 7, 25 Stephens & Co.
Overweight
Sep 30, 24 Evercore ISI Group
In-Line
Jun 14, 24 B of A Securities
Neutral
May 15, 24 Roth MKM
Buy
Apr 29, 24 Evercore ISI Group
In-Line
Nov 7, 23 B of A Securities
Buy
Sep 27, 23 Stephens & Co.
Overweight

Institutional Ownership

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  • What is the ticker symbol for Granite Ridge Resources?
  • Does Granite Ridge Resources pay dividends?
  • What sector is Granite Ridge Resources in?
  • What industry is Granite Ridge Resources in?
  • What country is Granite Ridge Resources based in?
  • When did Granite Ridge Resources go public?
  • Is Granite Ridge Resources in the S&P 500?
  • Is Granite Ridge Resources in the NASDAQ 100?
  • Is Granite Ridge Resources in the Dow Jones?
  • When was Granite Ridge Resources's last earnings report?
  • When does Granite Ridge Resources report earnings?
  • Should I buy Granite Ridge Resources stock now?

What is the ticker symbol for Granite Ridge Resources?

The ticker symbol for Granite Ridge Resources is NYSE:GRNT

Does Granite Ridge Resources pay dividends?

Yes, Granite Ridge Resources pays dividends. The last payment was $0.11, with an ex-dividend date on February 28, 2025

What sector is Granite Ridge Resources in?

Granite Ridge Resources is in the Energy sector

What industry is Granite Ridge Resources in?

Granite Ridge Resources is in the Oil & Gas Equipment & Services industry

What country is Granite Ridge Resources based in?

Granite Ridge Resources is headquartered in United States

When did Granite Ridge Resources go public?

Granite Ridge Resources's initial public offering (IPO) was on November 6, 2020

Is Granite Ridge Resources in the S&P 500?

No, Granite Ridge Resources is not included in the S&P 500 index

Is Granite Ridge Resources in the NASDAQ 100?

No, Granite Ridge Resources is not included in the NASDAQ 100 index

Is Granite Ridge Resources in the Dow Jones?

No, Granite Ridge Resources is not included in the Dow Jones index

When was Granite Ridge Resources's last earnings report?

Granite Ridge Resources's most recent earnings report was on Mar 6, 2025

When does Granite Ridge Resources report earnings?

The next expected earnings date for Granite Ridge Resources is May 8, 2025

Should I buy Granite Ridge Resources stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions
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