Granite Ridge Resources Inc - Class A (GRNT) Company Profile & Statistics

Granite Ridge Resources Inc - Class A
GRNT
(NYSE)
Closed
6.06
+0.10 (+1.68%)
in:usd•As of: Nov 05, 2024 15:59 UTC -5
Open
5.99
High
6.07
Low
5.99

About Granite Ridge Resources Inc - Class A

CEO

Luke C. Brandenberg

Headquarters

5217 mckinney ave, suite 400

dallas, tx 75205, united states

Auditor

FORVIS, LLP

Employees

Share Holders

Website

www.graniteridge.com

Industry

oil and gas production

Sector

energy minerals

Company Overview

Granite Ridge 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 US basins in partnership with proven operators. Granite Ridge is based in DALLAS.

Granite Ridge Resources Inc - Class A Statistics

Valuation Measures

Market Capitalization ²	758.32M
Enterprise Value	909.78M
Enterprise Value/EBITDA (ttm)	3.54
Price to Earnings Ratio (ttm)	8.79
Price to Book (mrq)	1.14
Price to Sales (ttm)	1.92
Price to Cash (ytd)	2.87

Profitability

Gross Margin (ttm)	100.00%
Operating Margin (ttm)	21.92%
Profit Margin (ttm)	14.21%
Return on Equity (ttm)	13.01%
Return on Invested Capital (ttm)	7.30%
Return on Assets (ttm)	9.10%

Income Statement

Revenue (ttm)	394.85M
Revenue Per Share (ttm)	3.02
Gross Profit (ttm)	394.85M
EBITDA (ttm)³	256.94M
Net Income Avi to Common (ttm)	56.82M
Diluted EPS (ttm)	0.42

Share Statistics

Beta (5Y Monthly)	0.19
52-Week Change	9.20%
S&P500 52-Week Change	32.33%
S&P500 Member	No
Stock Optionable	Yes
Total Shares Outstanding ¹	130.74M
Dividend Yield	7.59%
Float ⁴	128.26M
% Held by Insiders	1.90%
% Held by Institutions	31.56%

Balance Sheet

Total Cash (mrq)	62.97M
Total Cash Per Share (mrq)	0.48
Total Debt (mrq)	165.00M
Total Debt/Equity (mrq)	24.80%
Current Ratio (mrq)	2.24%
Quick Ratio (mrq)	2.24%
Book Value Per Share (mrq)	5.09

Cash Flow

Operating Cash Flow Per Share (ytd)	1.02
Free Cash Flow (ytd)	-21.02M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. Stock price provided by Xignite. All numbers are rounded to the closest decimal.

¹ Total Shares outstanding is taken from the most recently filed quarterly or annual report.

² Market Cap is calculated using total shares outstanding and the most recent share price.

³ EBITDA is calculated using methodology that may differ from that used by a company in its reporting.

⁴ The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

Granite Ridge Resources Inc - Class A

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