GRNT Granite Ridge Resources Inc

Price (delayed)

$6.79

Market cap

$887.75M

P/E Ratio

15.09

Dividend/share

$0.44

EPS

$0.45

Enterprise value

$1B

Highlights
The company's quick ratio has surged by 106% YoY
Granite Ridge Resources's equity has increased by 4.5% YoY
The EPS has shrunk by 78% YoY and by 26% QoQ
The company's net income has shrunk by 77% YoY and by 25% QoQ

Key stats

What are the main financial stats of GRNT
Market
Shares outstanding
130.74M
Market cap
$887.75M
Enterprise value
$1B
Valuations
Price to book (P/B)
1.31
Price to sales (P/S)
2.26
EV/EBIT
11.53
EV/EBITDA
3.94
EV/Sales
2.56
Earnings
Revenue
$391.76M
EBIT
$87.13M
EBITDA
$254.88M
Free cash flow
-$11.45M
Per share
EPS
$0.45
Free cash flow per share
-$0.09
Book value per share
$5.17
Revenue per share
$3.01
TBVPS
$7.43
Balance sheet
Total assets
$966.68M
Total liabilities
$292.66M
Debt
$137.5M
Equity
$674.02M
Working capital
$102.75M
Liquidity
Debt to equity
0.2
Current ratio
2.55
Quick ratio
2.18
Net debt/EBITDA
0.46
Margins
EBITDA margin
65.1%
Gross margin
77%
Net margin
15.4%
Operating margin
20.6%
Efficiency
Return on assets
6.6%
Return on equity
9.1%
Return on invested capital
9.2%
Return on capital employed
9.7%
Return on sales
22.2%
Dividend
Dividend yield
6.48%
DPS
$0.44
Payout ratio
97.8%

GRNT stock price

How has the Granite Ridge Resources stock price performed over time
Intraday
0%
1 week
6.26%
1 month
7.78%
1 year
-1.02%
YTD
12.79%
QTD
7.27%

Financial performance

How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$391.76M
Gross profit
$301.79M
Operating income
$80.8M
Net income
$60.46M
Gross margin
77%
Net margin
15.4%
The company's net income has shrunk by 77% YoY and by 25% QoQ
Granite Ridge Resources's net margin has plunged by 71% YoY and by 25% from the previous quarter
The company's operating income has shrunk by 70% YoY and by 11% QoQ
The operating margin has plunged by 62% YoY and by 10% from the previous quarter

Growth

What is Granite Ridge Resources's growth rate over time

Valuation

What is Granite Ridge Resources stock price valuation
P/E
15.09
P/B
1.31
P/S
2.26
EV/EBIT
11.53
EV/EBITDA
3.94
EV/Sales
2.56
The EPS has shrunk by 78% YoY and by 26% QoQ
GRNT's P/E is 68% above its last 4 quarters average of 9.0
Granite Ridge Resources's equity has increased by 4.5% YoY
The revenue has declined by 21% year-on-year
The price to sales (P/S) is 8% higher than the last 4 quarters average of 2.1

Efficiency

How efficient is Granite Ridge Resources business performance
The ROA has dropped by 84% year-on-year and by 27% since the previous quarter
The ROIC has plunged by 81% YoY and by 26% from the previous quarter
Granite Ridge Resources's return on equity has shrunk by 81% YoY and by 27% QoQ
The ROS has shrunk by 62% YoY and by 21% QoQ

Dividends

What is GRNT's dividend history
DPS
$0.44
Dividend yield
6.48%
Payout ratio
97.8%
Recent dividends

Financial health

How did Granite Ridge Resources financials performed over time
The company's quick ratio has surged by 106% YoY
GRNT's current ratio has soared by 59% year-on-year and by 4.5% since the previous quarter
Granite Ridge Resources's debt is 80% less than its equity
Granite Ridge Resources's debt has increased by 25% from the previous quarter
Granite Ridge Resources's debt to equity has increased by 25% QoQ

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