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.
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News
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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
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Glancy Prongay & Murray LLP Announces Investigation of Granite Ridge Resources, Inc. (GRNT)
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Granite Ridge Resources Declares $0.11 Quarterly Cash Dividend
Trading Information
- Previous Close Price
- $6.64
- Day Range
- $6.53–6.71
- 52-Week Range
- $5.01–8.07
- Bid/Ask
- $6.71 / $6.72
- Market Cap
- $877.29 Mil
- Volume/Avg
- 167,897 / 359,239
Key Statistics
- Price/Earnings (Normalized)
- 8.18
- Price/Sales
- 2.24
- Dividend Yield (Trailing)
- 6.86%
- Dividend Yield (Forward)
- 6.86%
- Total Yield
- 10.71%
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) | 8.18 | 3.12 | 5.09 |
Price/Book Value | 1.29 | 0.69 | 3.37 |
Price/Sales | 2.24 | 0.73 | 3.56 |
Price/Cash Flow | 2.96 | 1.28 | 4.49 |
Price/Earnings
GRNT
VTLE
VNOM
Financial Strength
|
Metric
|
GRNT
|
VTLE
|
VNOM
|
|---|---|---|---|
Quick Ratio | 2.16 | 0.42 | 4.17 |
Current Ratio | 2.44 | 0.62 | 4.32 |
Interest Coverage | 20.86 | 4.61 | 12.19 |
Quick Ratio
GRNT
VTLE
VNOM
Profitability
|
Metric
|
GRNT
|
VTLE
|
VNOM
|
|---|---|---|---|
Return on Assets (Normalized) | 12.25% | 8.52% | 16.38% |
Return on Equity (Normalized) | 16.30% | 19.12% | 85.70% |
Return on Invested Capital (Normalized) | 15.62% | 13.27% | 17.97% |
Return on Assets
GRNT
VTLE
VNOM
Oil & Gas E&P Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
COP
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EOG
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PXD
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OXY
| Occidental Petroleum Corp | Wmxlwbg | Mcrl | $60.1 Bil | |
HES
| Hess Corp | Srcvrmndkt | Pthjwh | $50.1 Bil | |
FANG
| Diamondback Energy Inc | Ghdnkpkbdh | Zjflq | $36.9 Bil | |
DVN
| Devon Energy Corp | Zsyrkpmgf | Jndjpk | $33.5 Bil | |
MRO
| Marathon Oil Corp | Mnlgpjws | Gmqc | $15.9 Bil | |
APA
| APA Corp | Hsvpbtqk | Wfkt | $12.1 Bil | |
AR
| Antero Resources Corp | Rfpdgby | Qrkkg | $10.1 Bil |