Granite Ridge Resources Inc Ordinary Shares - Class A GRNT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Sidoti Events, LLC's Virtual September Small-Cap Conference
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EnerCom's 29th Annual Energy Investment Conference is Set to be Held August 18-21, 2024 in Denver, Colorado
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Granite Ridge Resources, Inc. Reports Second-Quarter 2024 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2024
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Investor One-on-One Meeting Requests Open for 29th Annual EnerCom Denver - The Energy Investment Conference, to be held August 18-21, 2024 in Denver, Colorado
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Presentation Times and Schedule for Participating Companies Now Posted on the Conference Website for 29th Annual EnerCom Denver - The Energy Investment Conference
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Granite Ridge Resources Schedules Second Quarter 2024 Earnings Conference Call
Trading Information
- Previous Close Price
- $6.18
- Day Range
- $6.19–6.28
- 52-Week Range
- $5.20–7.10
- Bid/Ask
- $6.08 / $6.32
- Market Cap
- $813.23 Mil
- Volume/Avg
- 224,780 / 406,811
Key Statistics
- Price/Earnings (Normalized)
- 9.39
- Price/Sales
- 2.08
- Dividend Yield (Trailing)
- 7.07%
- Dividend Yield (Forward)
- 7.07%
- Total Yield
- 10.75%
Company Profile
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Small Value
- Total Number of Employees
- 2
- Website
- https://www.graniteridge.com
Comparables
Valuation
|
Metric
|
GRNT
|
VTLE
|
TXO
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.39 | 2.78 | 15.40 |
Price/Book Value | 1.22 | 0.42 | 1.25 |
Price/Sales | 2.08 | 0.51 | 2.06 |
Price/Cash Flow | 2.84 | 0.93 | 6.34 |
Price/Earnings
GRNT
VTLE
TXO
Financial Strength
|
Metric
|
GRNT
|
VTLE
|
TXO
|
|---|---|---|---|
Quick Ratio | 1.93 | 0.46 | 2.92 |
Current Ratio | 2.24 | 0.51 | 3.26 |
Interest Coverage | 6.72 | 2.74 | −38.32 |
Quick Ratio
GRNT
VTLE
TXO
Profitability
|
Metric
|
GRNT
|
VTLE
|
TXO
|
|---|---|---|---|
Return on Assets (Normalized) | 9.25% | 6.07% | 5.28% |
Return on Equity (Normalized) | 13.06% | 12.50% | 7.26% |
Return on Invested Capital (Normalized) | 12.48% | 10.36% | 7.65% |
Return on Assets
GRNT
VTLE
TXO
Oil & Gas E&P Industry Comparables
|
1-Day Chart
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United States