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Granite Ridge Resources Inc Share Price

GRNT
NYQ
$5.11
+$0.12
(2.4%)
1D
Industry: Oil, Gas & Consumable Fuels Sector: Energy

Granite Ridge Resources Inc Analyst Forecast

Granite Ridge Resources Inc Share Price Chart

Granite Ridge Resources Inc Key Stock Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$654.94M
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
17.2069
Volume info-icon
This is the total number of shares traded during the most recent trading day.
633.35K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
8.71%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.31
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$4.18 L
$6.45 H
$5.11

About Granite Ridge Resources Inc, Common Stock

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas. more

Industry: Oil, Gas & Consumable FuelsSector: Energy

Granite Ridge Resources Inc Stock Returns

Time FrameGRNTSectorS&P500
1-Week Return-0.2%-2.24%-1.31%
1-Month Return15.09%12.92%0.78%
3-Month Return-0.97%18.05%3.46%
6-Month Return-3.77%26.4%6.19%
1-Year Return-19.53%17.74%11.68%
3-Year Return-22.58%27.87%71.21%
5-Year Return-49.43%136.68%74.81%
10-Year Return-48.56%88.8%256.59%

Granite Ridge Resources Inc Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue87.10M290.19M497.42M394.07M380.03M[{"date":"2020-12-31","value":17.51,"profit":true},{"date":"2021-12-31","value":58.34,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":79.22,"profit":true},{"date":"2024-12-31","value":76.4,"profit":true}]
Cost of Revenue107.01M139.06M181.05M248.89M260.00M[{"date":"2020-12-31","value":41.16,"profit":true},{"date":"2021-12-31","value":53.49,"profit":true},{"date":"2022-12-31","value":69.64,"profit":true},{"date":"2023-12-31","value":95.73,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Gross Profit(19.91M)151.13M316.37M145.18M120.03M[{"date":"2020-12-31","value":-6.29,"profit":false},{"date":"2021-12-31","value":47.77,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":45.89,"profit":true},{"date":"2024-12-31","value":37.94,"profit":true}]
Gross Margin(22.86%)52.08%63.60%36.84%31.59%[{"date":"2020-12-31","value":-35.94,"profit":false},{"date":"2021-12-31","value":81.88,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":57.92,"profit":true},{"date":"2024-12-31","value":49.66,"profit":true}]
Operating Expenses15.19M7.90M14.22M54.59M60.78M[{"date":"2020-12-31","value":24.98,"profit":true},{"date":"2021-12-31","value":13,"profit":true},{"date":"2022-12-31","value":23.4,"profit":true},{"date":"2023-12-31","value":89.82,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Operating Income(35.09M)143.23M302.14M90.59M59.26M[{"date":"2020-12-31","value":-11.62,"profit":false},{"date":"2021-12-31","value":47.41,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":29.98,"profit":true},{"date":"2024-12-31","value":19.61,"profit":true}]
Total Non-Operating Income/Expense10.92M(34.91M)(28.94M)11.80M(52.76M)[{"date":"2020-12-31","value":92.51,"profit":true},{"date":"2021-12-31","value":-295.77,"profit":false},{"date":"2022-12-31","value":-245.17,"profit":false},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":-446.97,"profit":false}]
Pre-Tax Income(23.93M)108.46M275.19M105.58M24.97M[{"date":"2020-12-31","value":-8.7,"profit":false},{"date":"2021-12-31","value":39.41,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":38.37,"profit":true},{"date":"2024-12-31","value":9.07,"profit":true}]
Income Taxes1.84M138.15K12.85M24.48M6.21M[{"date":"2020-12-31","value":7.52,"profit":true},{"date":"2021-12-31","value":0.56,"profit":true},{"date":"2022-12-31","value":52.49,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":25.35,"profit":true}]
Income After Taxes(25.77M)108.32M262.34M81.10M18.76M[{"date":"2020-12-31","value":-9.82,"profit":false},{"date":"2021-12-31","value":41.29,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":30.91,"profit":true},{"date":"2024-12-31","value":7.15,"profit":true}]
Income From Continuous Operations(7.75M)3.77M262.34M120.19M18.76M[{"date":"2020-12-31","value":-2.95,"profit":false},{"date":"2021-12-31","value":1.44,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":45.81,"profit":true},{"date":"2024-12-31","value":7.15,"profit":true}]
Income From Discontinued Operations-----[{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":"-","profit":true}]
Net Income(23.93M)108.46M262.34M81.10M18.76M[{"date":"2020-12-31","value":-9.12,"profit":false},{"date":"2021-12-31","value":41.34,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":30.91,"profit":true},{"date":"2024-12-31","value":7.15,"profit":true}]
EPS (Diluted)(0.01)0.030.200.760.30[{"date":"2020-12-31","value":-1.32,"profit":false},{"date":"2021-12-31","value":4.55,"profit":true},{"date":"2022-12-31","value":26.32,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":39.47,"profit":true}]

Granite Ridge Resources Inc Ratios

Granite Ridge Resources Inc Liquidity Ratios

These ratios help you determine the liquidity of the company. Higher is better.

GRNT
Cash Ratio 0.30
Current Ratio 1.41

Granite Ridge Resources Inc Asset Efficiency Ratios

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

GRNT
ROA (LTM) 6.73%
ROE (LTM) 5.80%

Granite Ridge Resources Inc Liability Ratios

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

GRNT
Debt Ratio Lower is generally better. Negative is bad. 0.43
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.57

Granite Ridge Resources Inc Valuation Ratios

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

GRNT
Trailing PE 17.21
Forward PE 8.16
P/S (TTM) 1.53
P/B 1.03
Price/FCF NM
EV/R 2.08
EV/Ebitda 3.38

FAQs

What is Granite Ridge Resources Inc share price today?

Granite Ridge Resources Inc (GRNT) share price today is $5.11

Can Indians buy Granite Ridge Resources Inc shares?

Yes, Indians can buy shares of Granite Ridge Resources Inc (GRNT) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in GRNT stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Granite Ridge Resources Inc be purchased?

Yes, you can purchase fractional shares of Granite Ridge Resources Inc (GRNT) via the Vested app. You can start investing in Granite Ridge Resources Inc (GRNT) with a minimum investment of $1.

How to invest in Granite Ridge Resources Inc shares from India?

You can invest in shares of Granite Ridge Resources Inc (GRNT) via Vested in three simple steps:

  • Click on Sign Up or Invest in GRNT stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Granite Ridge Resources Inc shares
What is Granite Ridge Resources Inc 52-week high and low stock price?

The 52-week high price of Granite Ridge Resources Inc (GRNT) is $6.45. The 52-week low price of Granite Ridge Resources Inc (GRNT) is $4.18.

What is Granite Ridge Resources Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Granite Ridge Resources Inc (GRNT) is 17.2069

What is Granite Ridge Resources Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Granite Ridge Resources Inc (GRNT) is 1.03

What is Granite Ridge Resources Inc dividend yield?

The dividend yield of Granite Ridge Resources Inc (GRNT) is 8.71%

What is the Market Cap of Granite Ridge Resources Inc?

The market capitalization of Granite Ridge Resources Inc (GRNT) is $654.94M

What is Granite Ridge Resources Inc's stock symbol?

The stock symbol (or ticker) of Granite Ridge Resources Inc is GRNT

How Can Investors Use Granite Ridge Resources Inc Share Price Data for Long-Term Investment Decisions?

Consider the share price of Granite Ridge Resources Inc as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether Granite Ridge Resources Inc has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.

How does USD - INR currency movement impact returns from Granite Ridge Resources Inc shares for Indian investors?

When investing in Granite Ridge Resources Inc shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the Granite Ridge Resources Inc stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.

How should investors compare Granite Ridge Resources Inc share price with other stocks in the same sector?

Rather than merely checking the share price of Granite Ridge Resources Inc and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that Granite Ridge Resources Inc stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.

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