GRNT Granite Ridge Resources Inc

  1. Stocks
  2. Energy
  3. NYSE: GRNT

Price (delayed)

$5.11

Market cap

$674.01M

P/E Ratio

N/A

Dividend/share

$0.44

EPS

-$0.22

Enterprise value

$1.09B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 38
Highlights
The revenue is up by 15% year-on-year and by 9% since the previous quarter
GRNT's gross profit is up by 8% QoQ and by 5% YoY
The EPS has shrunk by 192% YoY but it rose by 15% QoQ
The company's net income has shrunk by 185% YoY but it rose by 15% QoQ
Granite Ridge Resources's debt has soared by 68% YoY and by 8% from the previous quarter
The company's gross margin fell by 8% YoY
Sector: Energy
Industry: Oil & Gas E&P
Website: https://www.graniteridge.com
Peers: PR

Key stats

What are the main financial stats of GRNT

GRNT stock price

How has the Granite Ridge Resources stock price performed over time
Intraday
1.39%
1 week
4.71%
1 month
10.85%
1 year
-4.13%
YTD
8.72%
QTD
15.87%

Financial performance

How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$495.69M
Gross profit
$357.24M
Operating income
$37.51M
Net income
-$27.58M
Gross margin
72.1%
Net margin
-5.6%
The company's net income has shrunk by 185% YoY but it rose by 15% QoQ
Granite Ridge Resources's net margin has plunged by 175% YoY but it has increased by 21% from the previous quarter
The company's operating income has surged by 96% QoQ but it has shrunk by 54% YoY
The operating margin has soared by 81% from the previous quarter but it has plunged by 59% 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
GRNT P/E details
P/E
N/A
P/B
1.2
P/S
1.35
EV/EBIT
1,489.8
EV/EBITDA
4.91
EV/Sales
2.2
The EPS has shrunk by 192% YoY but it rose by 15% QoQ
The P/B is 56% less than the 5-year quarterly average of 2.7 but 9% more than the last 4 quarters average of 1.1
Granite Ridge Resources's equity has decreased by 12% YoY but it has increased by 3.1% QoQ
The price to sales (P/S) is 39% lower than the 5-year quarterly average of 2.2 and 3.6% lower than the last 4 quarters average of 1.4
The revenue is up by 15% year-on-year and by 9% since the previous quarter

Efficiency

How efficient is Granite Ridge Resources business performance
Granite Ridge Resources's return on equity has shrunk by 194% YoY but it has increased by 11% QoQ
The ROA has dropped by 177% year-on-year but it is up by 18% since the previous quarter
The ROIC has soared by 113% from the previous quarter but it has plunged by 98% YoY
The ROS has soared by 104% QoQ but it has shrunk by 99% YoY

Dividends

What is GRNT's dividend history
Dividend details
DPS
$0.44
Dividend yield
8.61%
Payout ratio
N/A
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 83% greater than its total liabilities
The total liabilities has grown by 46% YoY and by 4.2% from the previous quarter
GRNT's current ratio is down by 23% year-on-year but it is up by 10% since the previous quarter
Granite Ridge Resources's debt is 18% less than its equity
Granite Ridge Resources's debt to equity has surged by 91% YoY and by 5% QoQ
Granite Ridge Resources's debt has soared by 68% YoY and by 8% from the previous quarter

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