Granite Ridge Resources Inc (GRNT)

$6.67

-0.11

(-1.62%)▲

Market is closed - opens 8 PM, 26 Nov 2024

Granite Ridge Resources Inc Key Statistics

Market Capitalization
$864.2M
Revenue TTM
$358.5M
EBITDA
$299.4M
Earnings Per Share (EPS)
$0.36
PE Ratio
18.36
Dividend Yield
6.66%
Profit Margin
13.37%
Quarterly Earnings Growth YOY
-0.47%
Return On Equity TTM
7.31%

Granite Ridge Resources Inc share price movements

  • $6.65
    $6.80
    $6.67
    downward going graph

    0.3%

    Downside

    Day's Volatility :2.21%

    Upside

    1.91%

    downward going graph
  • $5.20
    $7.10
    $6.67
    downward going graph

    22.04%

    Downside

    52 Weeks Volatility :26.76%

    Upside

    6.06%

    downward going graph

Granite Ridge Resources Inc Returns

PeriodGranite Ridge Resources IncIndex (Russel 2000)
3 Months
1.68%
0.0%
6 Months
2.46%
0.0%
1 Year
9.17%
0.0%
3 Years
-32.22%
-21.2%

Analyst Recommendation on Granite Ridge Resources Inc

Buy
    87%Buy
    12%Hold
    0
    0%Sell
Based on 8 Wall street analysts offering stock ratings for Granite Ridge Resources Inc(by analysts ranked 0 to 5 stars)
Based on 8 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
8
8
Hold
1
1
1
Sell
00
00
00

Analyst Forecast on Granite Ridge Resources Inc

What analysts predicted

Upside of 13.34%

Current $6.67
Target $7.56

Insights on Granite Ridge Resources Inc

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 88.99M → 94.07M (in $), with an average increase of 2.7% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 5.10M → 9.05M (in $), with an average increase of 43.7% per quarter

  • Vs FANG

    In the last 1 year, Diamondback Energy, Inc. has given 16.1% return, outperforming this stock by 6.8%

  • Vs FANG

    In the last 3 years, Diamondback Energy, Inc. has given 67.1% return, outperforming this stock by 99.3%

Granite Ridge Resources Inc Financials in INR & Dollars

FY19Y/Y Change
Revenue
13.4M
-
Net Income
3.6M
-
Net Profit Margin
27.08%
-
FY20Y/Y Change
Revenue
81.1M
↑ 503.4%
Net Income
-25.8M
↓ 808.06%
Net Profit Margin
-31.78%
↓ 58.86%
FY21Y/Y Change
Revenue
273.1M
↑ 236.74%
Net Income
3.8M
↓ 114.61%
Net Profit Margin
1.38%
↑ 33.16%
FY22Y/Y Change
Revenue
470.5M
↑ 72.29%
Net Income
262.3M
↑ 6867.92%
Net Profit Margin
55.76%
↑ 54.38%
FY23Y/Y Change
Revenue
394.1M
↓ 16.25%
Net Income
81.1M
↓ 69.09%
Net Profit Margin
20.58%
↓ 35.18%
Q2 FY23Q/Q Change
Revenue
81.9M
↓ 5.05%
Net Income
8.7M
↓ 76.3%
Net Profit Margin
10.67%
↓ 32.09%
Q3 FY23Q/Q Change
Revenue
108.4M
↑ 32.43%
Net Income
18.0M
↑ 105.53%
Net Profit Margin
16.56%
↑ 5.89%
Q4 FY23Q/Q Change
Revenue
106.8M
↓ 1.48%
Net Income
17.5M
↓ 2.33%
Net Profit Margin
16.42%
↓ 0.14%
Q1 FY24Q/Q Change
Revenue
89.0M
↓ 16.67%
Net Income
16.2M
↓ 7.48%
Net Profit Margin
18.23%
↑ 1.81%
Q2 FY24Q/Q Change
Revenue
90.7M
↑ 1.86%
Net Income
5.1M
↓ 68.56%
Net Profit Margin
5.63%
↓ 12.6%
Q3 FY24Q/Q Change
Revenue
94.1M
↑ 3.78%
Net Income
9.1M
↑ 77.49%
Net Profit Margin
9.62%
↑ 3.99%
FY20Y/Y Change
Total Assets
40.8M
-
Total Liabilities
7.6M
-
FY21Y/Y Change
Total Assets
17.0M
↓ 58.32%
Total Liabilities
2.0M
↓ 73.26%
FY22Y/Y Change
Total Assets
794.8M
↑ 4575.32%
Total Liabilities
172.4M
↑ 8412.4%
FY23Y/Y Change
Total Assets
927.1M
↑ 16.65%
Total Liabilities
255.5M
↑ 48.2%
Q2 FY23Q/Q Change
Total Assets
873.3M
↑ 2.02%
Total Liabilities
221.0M
↑ 4.73%
Q3 FY23Q/Q Change
Total Assets
920.6M
↑ 5.41%
Total Liabilities
270.4M
↑ 22.36%
Q4 FY23Q/Q Change
Total Assets
944.8M
↑ 2.62%
Total Liabilities
273.1M
↑ 1.0%
Q1 FY24Q/Q Change
Total Assets
966.7M
↑ 2.32%
Total Liabilities
292.7M
↑ 7.15%
Q2 FY24Q/Q Change
Total Assets
990.5M
↑ 2.46%
Total Liabilities
325.2M
↑ 11.11%
Q3 FY24Q/Q Change
Total Assets
1.0B
↑ 4.58%
Total Liabilities
375.3M
↑ 15.42%
FY20Y/Y Change
Operating Cash Flow
66.8M
↑ 939.56%
Investing Cash Flow
-80.9M
-
Financing Cash Flow
52.1M
↓ 493.26%
FY21Y/Y Change
Operating Cash Flow
5.5M
↓ 91.81%
Investing Cash Flow
-194.0M
↑ 139.91%
Financing Cash Flow
-27.3M
↓ 152.43%
FY22Y/Y Change
Operating Cash Flow
346.4M
↑ 6228.21%
Investing Cash Flow
-230.6M
↑ 18.84%
Financing Cash Flow
-76.8M
↑ 181.49%
Q2 FY23Q/Q Change
Operating Cash Flow
74.2M
↓ 8.95%
Investing Cash Flow
-81.9M
↓ 36.98%
Financing Cash Flow
11.3M
↑ 31.71%
Q3 FY23Q/Q Change
Operating Cash Flow
57.0M
↓ 23.12%
Investing Cash Flow
-74.7M
↓ 8.78%
Financing Cash Flow
9.3M
↓ 17.51%

Granite Ridge Resources Inc Technicals Summary

Sell

Neutral

Buy

Granite Ridge Resources Inc is currently in a neutral trading position according to technical analysis indicators.

More on Technical Analysis

Granite Ridge Resources Inc Vs Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Granite Ridge Resources Inc
Granite Ridge Resources Inc
12.86%
2.46%
9.17%
-32.22%
-32.83%
Canadian Natural Resources Limited
Canadian Natural Resources Limited
-1.99%
-12.15%
6.46%
66.16%
143.68%
Conocophillips
Conocophillips
2.75%
-10.81%
-7.58%
48.43%
76.51%
Diamondback Energy, Inc.
Diamondback Energy, Inc.
0.76%
-9.21%
16.58%
67.05%
132.88%
Eog Resources, Inc.
Eog Resources, Inc.
8.12%
4.87%
7.3%
50.97%
83.53%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Granite Ridge Resources Inc
Granite Ridge Resources Inc
18.36
18.36
NA
0.52
0.07
0.08
0.07
5.05
Canadian Natural Resources Limited
Canadian Natural Resources Limited
13.83
13.83
12.75
3.44
0.19
0.08
0.05
18.88
Conocophillips
Conocophillips
13.26
13.26
8.24
7.74
0.2
0.1
0.03
43.34
Diamondback Energy, Inc.
Diamondback Energy, Inc.
10.7
10.7
1.2
15.89
0.12
0.06
0.04
127.86
Eog Resources, Inc.
Eog Resources, Inc.
10.65
10.65
66.45
11.54
0.25
0.13
0.03
52.37
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Granite Ridge Resources Inc
Granite Ridge Resources Inc
Buy
$864.2M
-32.83%
18.36
13.37%
Canadian Natural Resources Limited
Canadian Natural Resources Limited
Buy
$73.6B
143.68%
13.83
21.25%
Conocophillips
Conocophillips
Buy
$128.6B
76.51%
13.26
17.47%
Diamondback Energy, Inc.
Diamondback Energy, Inc.
Buy
$54.1B
132.88%
10.7
35.21%
Eog Resources, Inc.
Eog Resources, Inc.
Buy
$74.2B
83.53%
10.65
29.92%

Granite Ridge Resources Inc Institutional Holdings

  • Hamilton Lane Advisors LLC

    6.11%

  • Utah Retirement Systems

    4.01%

  • Spider Management Company LLC

    3.12%

  • Vanguard Group Inc

    2.92%

  • BlackRock Inc

    2.43%

  • Georgetown University

    2.01%

Company Information about Granite Ridge Resources Inc

granite ridge is a premier, non-operated oil & gas exploration and production company. we invest in a diversified portfolio of production and top-tier acreage across the permian and four other prolific us basins in partnership with proven operators. we create value by generating sustainable full-cycle risk adjusted returns for investors, offering a rewarding experience for our team, and delivering reliable energy solutions to all – safely and responsibly.

Organization
Granite Ridge Resources Inc
Employees
2
CEO
Mr. Luke C. Brandenberg
Industry
Financial

FAQs