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Asset logo for symbol GRNT
Granite Ridge Resources
GRNT68
$6.90arrow_drop_down0.71%-$0.05
High Dividend
Asset logo for symbol GRNT
GRNT68

$6.90

arrow_drop_down0.71%
Key Stats
Open$6.96
Prev. Close$7.01
EPS0.45
Next Earnings DateSep 13, 2024
LOWHIGH
Day Range6.89
7.02
52 Week Range5.20
8.13
Ratios
EPS0.45
Fundamentals
Industry average yield2.92%
Last Dividend pay dateJun 14, 2024

Stock Analysis

Technicals

Summarizing what the indicators are suggesting.

Strong Buy
Buy
Neutral
Sell
Strong Sell
Analyst rating

An aggregate view of professional's ratings.

Strong Buy
Buy
Neutral
Sell
Strong Sell

Stock Performance

GRNTarrow_drop_up0.60%
US Energy Sectorarrow_drop_up0.48%
US Marketarrow_drop_up0.19%
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GRNT / Market
GRNT exceeded the US Market which returned 0.19% over the last twenty four hours.
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GRNT / Energy Sector
GRNT exceeded the US Energy sector which returned 0.48% over the last twenty four hours.

Granite Ridge Resources (GRNT) Statistics

Granite Ridge Resources, Inc. (GRNT) is a company that focuses on the exploration and development of mineral resources, with a particular emphasis on granite deposits. As an investment opportunity, it is important to consider the various statistics and valuation metrics related to this company. By analyzing these metrics, investors can gain insight into the financial health and potential of Granite Ridge Resources, Inc.

When looking at the valuation metrics for GRNT, it is important to consider factors such as the company's market capitalization, price-to-earnings ratio, and price-to-book ratio. These metrics provide a snapshot of how the market values the company and can help investors make informed decisions. Additionally, it is important to consider the fundamentals of the company. This includes analyzing the company's revenue growth, earnings per share, and return on equity. By examining these fundamentals, investors can assess the financial performance and stability of Granite Ridge Resources, Inc.

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Frequently Asked Questions

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How has Granite Ridge Resources (GRNT) stock's performance compared to its sector and the market over the past year?

Over the past year, Granite Ridge Resources (GRNT) has experienced a price change of . Compared to the Energy sector, which saw a change of 25.12%, Granite Ridge Resources has underperformed compared to its sector, indicating its relative standing within the Energy sector. Against the broader market's change of 112.92%, it has fallen short of the market average. This comparison highlights Granite Ridge Resources's performance relative to both its sector and the overall market over the last year.

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What is the PE ratio of Granite Ridge Resources (GRNT) stock?

The PE (Price to Earnings) ratio of Granite Ridge Resources (GRNT) is currently 15.33. This metric is used to evaluate the valuation of a company's stock, comparing its current share price relative to its per-share earnings.

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What is the EPS of Granite Ridge Resources (GRNT) stock?

The Earnings Per Share (EPS) for Granite Ridge Resources (GRNT), calculated on a diluted basis, is $0.45. EPS is a key indicator of a company's profitability, showing the portion of a company's profit allocated to each outstanding share of common stock.

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What is the operating margin of Granite Ridge Resources (GRNT) stock?

The operating margin for Granite Ridge Resources (GRNT) is 20.28%. This metric represents the percentage of revenue that remains after paying for variable production costs, indicating the efficiency and profitability of the company's core business operations.

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What is the EBITDA of Granite Ridge Resources (GRNT) stock?

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Granite Ridge Resources (GRNT) is $284.07M. EBITDA is a widely used earnings metric to assess a company's operational efficiency and profitability before the impact of non-operating decisions such as financing, accounting, and tax environments.

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How much debt does Granite Ridge Resources (GRNT) have?

Granite Ridge Resources (GRNT) has a total debt of $137.5M. The net debt, which accounts for cash and cash equivalents against the total debt, is $116.72M.

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