GRNT Granite Ridge Resources Inc

Price (delayed)

$5.23

Market cap

$686.43M

P/E Ratio

21.79

Dividend/share

$0.44

EPS

$0.24

Enterprise value

$957.68M

Highlights
GRNT's gross profit is up by 11% YoY and by 3.8% QoQ
The revenue is up by 10% year-on-year and by 4.5% since the previous quarter
The EPS has soared by 167% QoQ but it fell by 43% YoY
The company's net income has surged by 162% QoQ but it fell by 43% YoY
Granite Ridge Resources's debt has soared by 67% YoY and by 10% from the previous quarter
The company's quick ratio fell by 42% YoY

Key stats

What are the main financial stats of GRNT
Market
Shares outstanding
131.25M
Market cap
$686.43M
Enterprise value
$957.68M
Valuations
Price to earnings (P/E)
21.79
Price to book (P/B)
1.07
Price to sales (P/S)
1.58
EV/EBIT
15.18
EV/EBITDA
3.7
EV/Sales
2.21
Earnings
Revenue
$432.53M
Gross profit
$339.68M
Operating income
$80.68M
Net income
$32.33M
EBIT
$63.1M
EBITDA
$258.95M
Free cash flow
-$91.33M
Per share
EPS
$0.24
EPS diluted
$0.24
Free cash flow per share
-$0.7
Book value per share
$4.9
Revenue per share
$3.32
TBVPS
$8.47
Balance sheet
Total assets
$1.1B
Total liabilities
$462.5M
Debt
$275M
Equity
$642.47M
Working capital
$26.49M
Liquidity
Debt to equity
0.43
Current ratio
1.32
Quick ratio
1.11
Net debt/EBITDA
1.05
Margins
EBITDA margin
59.9%
Gross margin
78.5%
Net margin
7.5%
Operating margin
18.7%
Efficiency
Return on assets
3%
Return on equity
5%
Return on invested capital
5.3%
Return on capital employed
6.2%
Return on sales
14.6%
Dividend
Dividend yield
8.41%
DPS
$0.44
Payout ratio
488.9%

GRNT stock price

How has the Granite Ridge Resources stock price performed over time
Intraday
7.17%
1 week
7.17%
1 month
-14.12%
1 year
-15.78%
YTD
-19.04%
QTD
-17.9%

Financial performance

How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$432.53M
Gross profit
$339.68M
Operating income
$80.68M
Net income
$32.33M
Gross margin
78.5%
Net margin
7.5%
The company's net income has surged by 162% QoQ but it fell by 43% YoY
Granite Ridge Resources's net margin has soared by 150% from the previous quarter but it has decreased by 48% YoY
GRNT's gross profit is up by 11% YoY and by 3.8% QoQ
The revenue is up by 10% year-on-year and by 4.5% since the previous quarter

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
21.79
P/B
1.07
P/S
1.58
EV/EBIT
15.18
EV/EBITDA
3.7
EV/Sales
2.21
The EPS has soared by 167% QoQ but it fell by 43% YoY
GRNT's P/E is 44% below its last 4 quarters average of 39.2 but 12% above its 5-year quarterly average of 19.4
The P/B is 93% less than the 5-year quarterly average of 15.5 and 18% less than the last 4 quarters average of 1.3
Granite Ridge Resources's equity has decreased by 3.4% YoY
The price to sales (P/S) is 85% lower than the 5-year quarterly average of 10.8 and 21% lower than the last 4 quarters average of 2.0
The revenue is up by 10% year-on-year and by 4.5% since the previous quarter

Efficiency

How efficient is Granite Ridge Resources business performance
Granite Ridge Resources's return on equity has surged by 163% QoQ but it has decreased by 41% YoY
The ROA has soared by 150% since the previous quarter but it has dropped by 50% year-on-year
The ROS has soared by 64% QoQ but it fell by 33% YoY
The ROIC has soared by 61% from the previous quarter but it has contracted by 38% YoY

Dividends

What is GRNT's dividend history
DPS
$0.44
Dividend yield
8.41%
Payout ratio
488.9%
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 139% greater than its total liabilities
The company's quick ratio fell by 42% YoY
The total liabilities has grown by 42% YoY
Granite Ridge Resources's debt is 57% less than its equity
Granite Ridge Resources's debt to equity has surged by 72% YoY and by 8% QoQ
Granite Ridge Resources's debt has soared by 67% YoY and by 10% from the previous quarter

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