GRNT Granite Ridge Resources Inc

Price (delayed)

$4.42

Market cap

$582.98M

P/E Ratio

N/A

Dividend/share

$0.44

EPS

-$0.26

Enterprise value

$979.2M

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 34
Highlights
The revenue is up by 10% year-on-year
Granite Ridge Resources's debt has soared by 71% YoY and by 11% from the previous quarter
The company's quick ratio fell by 20% YoY and by 15% QoQ

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
1.38%
1 week
0.23%
1 month
-11.78%
1 year
-29.62%
YTD
-5.96%
QTD
0.23%

Financial performance

How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$455.64M
Gross profit
$329.88M
Operating income
$19.19M
Net income
-$32.49M
Gross margin
72.4%
Net margin
-7.1%
The operating margin has plunged by 79% YoY and by 59% from the previous quarter
The company's operating income has shrunk by 77% YoY and by 59% QoQ
The revenue is up by 10% year-on-year
The company's gross margin fell by 8% YoY and by 3.5% QoQ

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
N/A
P/B
1.06
P/S
1.27
EV/EBIT
N/A
EV/EBITDA
4.62
EV/Sales
2.15
The P/B is 62% less than the 5-year quarterly average of 2.8 and 12% less than the last 4 quarters average of 1.2
Granite Ridge Resources's equity has decreased by 14% YoY and by 10% QoQ
The price to sales (P/S) is 45% lower than the 5-year quarterly average of 2.3 and 21% lower than the last 4 quarters average of 1.6
The revenue is up by 10% year-on-year

Efficiency

How efficient is Granite Ridge Resources business performance
The ROS has shrunk by 126% YoY and by 118% QoQ
The ROIC has plunged by 124% YoY and by 118% from the previous quarter

Dividends

What is GRNT's dividend history
DPS
$0.44
Dividend yield
9.95%
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 84% greater than its total liabilities
The total liabilities has grown by 42% YoY and by 15% from the previous quarter
GRNT's current ratio is down by 26% since the previous quarter and by 23% year-on-year
Granite Ridge Resources's debt is 22% less than its equity
Granite Ridge Resources's debt to equity has surged by 95% YoY and by 22% QoQ
Granite Ridge Resources's debt has soared by 71% YoY and by 11% from the previous quarter

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