GRNT Granite Ridge Resources Inc

  1. Stocks
  2. Energy
  3. NYSE: GRNT

Price (delayed)

$6.73

Market cap

$877.92M

P/E Ratio

11.03

Dividend/share

$0.44

EPS

$0.61

Enterprise value

$977.49M

Highlights
The company's quick ratio has surged by 70% QoQ and by 13% YoY
Granite Ridge Resources's equity has increased by 3.3% QoQ
GRNT's P/E is 81% above its last 4 quarters average of 6.1
The company's net income has shrunk by 69% YoY and by 33% QoQ
Sector: Energy
Industry: Oil & Gas E&P
Peers: PR

Key stats

What are the main financial stats of GRNT
Market
Shares outstanding
130.45M
Market cap
$877.92M
Enterprise value
$977.49M
Valuations
Price to earnings (P/E)
11.03
Price to book (P/B)
1.33
Price to sales (P/S)
2.27
EV/EBIT
8.81
EV/EBITDA
3.6
EV/Sales
2.48
Earnings
Revenue
$394.07M
EBIT
$110.9M
EBITDA
$271.56M
Free cash flow
-$56.27M
Per share
EPS
$0.61
Free cash flow per share
-$0.42
Book value per share
$5.05
Revenue per share
$2.96
TBVPS
$6.97
Balance sheet
Total assets
$927.1M
Total liabilities
$255.46M
Debt
$110M
Equity
$671.65M
Working capital
$89.47M
Liquidity
Debt to equity
0.16
Current ratio
2.44
Quick ratio
2.16
Net debt/EBITDA
0.37
Margins
EBITDA margin
68.9%
Gross margin
77.6%
Net margin
20.6%
Operating margin
23%
Efficiency
Return on assets
9.1%
Return on equity
12.4%
Return on invested capital
12.5%
Return on capital employed
12.8%
Return on sales
28.1%
Dividend
Dividend yield
6.54%
DPS
$0.44
Payout ratio
72.1%

GRNT stock price

How has the Granite Ridge Resources stock price performed over time
Intraday
-1.61%
1 week
1.82%
1 month
6.15%
1 year
23.03%
YTD
11.79%
QTD
3.54%

Financial performance

How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$394.07M
Gross profit
$305.84M
Operating income
$90.59M
Net income
$81.1M
Gross margin
77.6%
Net margin
20.6%
The company's operating income has shrunk by 70% YoY and by 40% QoQ
The company's net income has shrunk by 69% YoY and by 33% QoQ
The operating margin has plunged by 62% YoY and by 38% from the previous quarter
Granite Ridge Resources's net margin has plunged by 61% YoY and by 31% from the previous quarter

Growth

What is Granite Ridge Resources's growth rate over time

Valuation

What is Granite Ridge Resources stock price valuation
GRNT P/E details
P/E
11.03
P/B
1.33
P/S
2.27
EV/EBIT
8.81
EV/EBITDA
3.6
EV/Sales
2.48
GRNT's P/E is 81% above its last 4 quarters average of 6.1
The EPS has shrunk by 69% YoY and by 32% QoQ
Granite Ridge Resources's equity has increased by 3.3% QoQ
The P/B is 2.3% more than the last 4 quarters average of 1.3
The revenue has declined by 21% year-on-year and by 2.4% since the previous quarter
The price to sales (P/S) is 19% higher than the last 4 quarters average of 1.9

Efficiency

How efficient is Granite Ridge Resources business performance
The ROA has dropped by 85% year-on-year and by 35% since the previous quarter
Granite Ridge Resources's return on equity has shrunk by 82% YoY and by 33% QoQ
The ROIC has plunged by 82% YoY and by 35% from the previous quarter
The ROS fell by 50% YoY and by 27% QoQ

Dividends

What is GRNT's dividend history
DPS
$0.44
Dividend yield
6.54%
Payout ratio
72.1%
Recent dividends

Financial health

How did Granite Ridge Resources financials performed over time
The total liabilities has soared by 96% YoY but it has contracted by 6% from the previous quarter
The company's quick ratio has surged by 70% QoQ and by 13% YoY
Granite Ridge Resources's debt is 84% less than its equity
Granite Ridge Resources's debt has increased by 29% from the previous quarter
Granite Ridge Resources's debt to equity has increased by 23% QoQ

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