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GRNT Granite Ridge Resources Inc

Price (delayed)

$5.18

Market cap

$679.17M

P/E Ratio

57.56

Dividend/share

$0.44

EPS

$0.09

Enterprise value

$913.06M

Highlights
GRNT's gross profit is up by 10% QoQ and by 8% YoY
The revenue is up by 9% since the previous quarter and by 6% year-on-year
Granite Ridge Resources's debt has soared by 82% YoY and by 22% from the previous quarter
The company's net income has shrunk by 80% YoY and by 34% QoQ

Key stats

What are the main financial stats of GRNT
Market
Shares outstanding
131.11M
Market cap
$679.17M
Enterprise value
$913.06M
Valuations
Price to earnings (P/E)
57.56
Price to book (P/B)
1.07
Price to sales (P/S)
1.63
EV/EBIT
24.73
EV/EBITDA
4.13
EV/Sales
2.21
Earnings
Revenue
$413.97M
Gross profit
$327.12M
Operating income
$81.83M
Net income
$12.35M
EBIT
$36.92M
EBITDA
$220.95M
Free cash flow
-$78.84M
Per share
EPS
$0.09
EPS diluted
$0.09
Free cash flow per share
-$0.6
Book value per share
$4.83
Revenue per share
$3.18
TBVPS
$8.34
Balance sheet
Total assets
$1.09B
Total liabilities
$456.02M
Debt
$250M
Equity
$631.41M
Working capital
$21.13M
Liquidity
Debt to equity
0.4
Current ratio
1.2
Quick ratio
1.11
Net debt/EBITDA
1.06
Margins
EBITDA margin
53.4%
Gross margin
79%
Net margin
3%
Operating margin
19.8%
Efficiency
Return on assets
1.2%
Return on equity
1.9%
Return on invested capital
3.3%
Return on capital employed
3.8%
Return on sales
8.9%
Dividend
Dividend yield
8.49%
DPS
$0.44
Payout ratio
314.3%

GRNT stock price

How has the Granite Ridge Resources stock price performed over time
Intraday
1.37%
1 week
1.57%
1 month
-0.19%
1 year
-21.28%
YTD
-19.81%
QTD
-14.8%

Financial performance

How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$413.97M
Gross profit
$327.12M
Operating income
$81.83M
Net income
$12.35M
Gross margin
79%
Net margin
3%
Granite Ridge Resources's net margin has plunged by 81% YoY and by 39% from the previous quarter
The company's net income has shrunk by 80% YoY and by 34% QoQ
The company's operating income rose by 39% QoQ
The operating margin has grown by 28% from the previous quarter but it has contracted by 4.3% YoY

Price vs fundamentals

How does GRNT's price correlate with its fundamentals

Growth

What is Granite Ridge Resources's growth rate over time

Valuation

What is Granite Ridge Resources stock price valuation
P/E
57.56
P/B
1.07
P/S
1.63
EV/EBIT
24.73
EV/EBITDA
4.13
EV/Sales
2.21
The EPS has shrunk by 80% YoY and by 36% QoQ
GRNT's P/E is 59% above its last 4 quarters average of 36.3
The P/B is 93% less than the 5-year quarterly average of 16.2 and 18% less than the last 4 quarters average of 1.3
Granite Ridge Resources's equity has decreased by 6% YoY
The price to sales (P/S) is 86% lower than the 5-year quarterly average of 11.3 and 22% lower than the last 4 quarters average of 2.1
The revenue is up by 9% since the previous quarter and by 6% year-on-year

Efficiency

How efficient is Granite Ridge Resources business performance
The ROA has dropped by 82% year-on-year and by 37% since the previous quarter
Granite Ridge Resources's return on equity has shrunk by 79% YoY and by 32% QoQ
The ROIC has plunged by 64% YoY and by 18% from the previous quarter
The ROS has shrunk by 60% YoY and by 22% QoQ

Dividends

What is GRNT's dividend history
DPS
$0.44
Dividend yield
8.49%
Payout ratio
314.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Granite Ridge Resources financials performed over time
GRNT's total assets is 138% greater than its total liabilities
The total liabilities has soared by 56% YoY and by 14% from the previous quarter
GRNT's current ratio has dropped by 53% year-on-year and by 10% since the previous quarter
Granite Ridge Resources's debt is 60% less than its equity
Granite Ridge Resources's debt to equity has surged by 100% YoY and by 25% QoQ
Granite Ridge Resources's debt has soared by 82% YoY and by 22% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.