Granite Ridge Resources Inc Ordinary Shares - Class A GRNT
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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.
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News
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Granite Ridge Resources Inc. Reports First Quarter 2024 Results
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EnerCom Announces Mike Wirth, Chairman and Chief Executive Officer of Chevron, as Keynote Speaker at the 29th Annual EnerCom Denver - The Energy Investment Conference
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EnerCom is Pleased to Announce that Registration is Now Open for the 29th Annual EnerCom Denver - The Energy Investment Conference
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Granite Ridge Resources Schedules First Quarter 2024 Earnings Conference Call
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Granite Ridge Announces Expansion of Revolving Credit Facility
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Glancy Prongay & Murray LLP Announces Investigation of Granite Ridge Resources, Inc. (GRNT)
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Granite Ridge Resources, Inc. to Participate in Water Tower Fireside Chat Series
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Granite Ridge Resources, Inc. Reports Fourth Quarter and Full-Year 2023 Results and Provides Outlook for 2024
Trading Information
- Previous Close Price
- $6.58
- Day Range
- $6.32–6.67
- 52-Week Range
- $5.00–8.14
- Bid/Ask
- $6.03 / $6.79
- Market Cap
- $828.92 Mil
- Volume/Avg
- 8,781 / 369,163
Key Statistics
- Price/Earnings (Normalized)
- 7.83
- Price/Sales
- 2.14
- Dividend Yield (Trailing)
- 6.69%
- Dividend Yield (Forward)
- 6.69%
- Total Yield
- 10.80%
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
|
VNOM
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.83 | 2.80 | 6.92 |
Price/Book Value | 1.23 | 0.64 | 3.20 |
Price/Sales | 2.14 | 0.74 | 3.41 |
Price/Cash Flow | 2.89 | 1.30 | 4.36 |
Price/Earnings
GRNT
VTLE
VNOM
Financial Strength
|
Metric
|
GRNT
|
VTLE
|
VNOM
|
|---|---|---|---|
Quick Ratio | 2.16 | 1.17 | 3.37 |
Current Ratio | 2.44 | 1.22 | 3.46 |
Interest Coverage | 20.86 | 3.01 | 10.55 |
Quick Ratio
GRNT
VTLE
VNOM
Profitability
|
Metric
|
GRNT
|
VTLE
|
VNOM
|
|---|---|---|---|
Return on Assets (Normalized) | 12.25% | 7.24% | 6.17% |
Return on Equity (Normalized) | 16.30% | 15.64% | 25.49% |
Return on Invested Capital (Normalized) | 15.62% | 11.49% | 7.83% |
Return on Assets
GRNT
VTLE
VNOM
Oil & Gas E&P Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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FANG
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DVN
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MRO
| Marathon Oil Corp | Lrmnsrqlz | Mkyg | $15.3 Bil | |
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AR
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RRC
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