Granite Ridge Resources I... (GRNT)
Granite Ridge Resources Inc Statistics
Share Statistics
Granite Ridge Resources Inc has 130.81M shares outstanding. The number of shares has increased by 0.05% in one year.
| Shares Outstanding | 130.81M |
| Shares Change (YoY) | 0.05% |
| Shares Change (QoQ) | 0.05% |
| Owned by Institutions (%) | 78.31% |
| Shares Floating | 64.02M |
| Failed to Deliver (FTD) Shares | 17 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 3.58M, so 2.74% of the outstanding shares have been sold short.
| Short Interest | 3.58M |
| Short % of Shares Out | 2.74% |
| Short % of Float | 6.67% |
| Short Ratio (days to cover) | 4.51 |
Valuation Ratios
The PE ratio is 44.83 and the forward PE ratio is 9.54. Granite Ridge Resources Inc's PEG ratio is -0.59.
| PE Ratio | 44.83 |
| Forward PE | 9.54 |
| PS Ratio | 2.21 |
| Forward PS | 1.3 |
| PB Ratio | 1.32 |
| P/FCF Ratio | 3.05 |
| PEG Ratio | -0.59 |
Enterprise Valuation
Granite Ridge Resources Inc has an Enterprise Value (EV) of 1.04B.
| EV / Sales | 2.73 |
| EV / EBITDA | 4.71 |
| EV / EBIT | 3.76 |
| EV / FCF | 3.76 |
Financial Position
The company has a current ratio of 1.33, with a Debt / Equity ratio of 0.32.
| Current Ratio | 1.33 |
| Quick Ratio | 1.33 |
| Debt / Equity | 0.32 |
| Debt / EBITDA | 0.93 |
| Debt / FCF | 0.74 |
| Interest Coverage | 3.21 |
Financial Efficiency
Return on Equity is 2.95% and Return on Invested Capital is 4.76%.
| Return on Equity | 2.95% |
| Return on Assets | 1.81% |
| Return on Invested Capital | 4.76% |
| Revenue Per Employee | $126.68M |
| Profits Per Employee | $6.25M |
| Employee Count | 3 |
| Asset Turnover | 0.37 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 6.21M |
| Effective Tax Rate | 24.86% |
Stock Price Statistics
The stock price has increased by -5.38% in the last 52 weeks. The beta is 0.2, so Granite Ridge Resources Inc's price volatility has been higher than the market average.
| Beta | 0.2 |
| 52-Week Price Change | -5.38% |
| 50-Day Moving Average | 6.05 |
| 200-Day Moving Average | 6.25 |
| Relative Strength Index (RSI) | 56.41 |
| Average Volume (20 Days) | 424.23K |
Income Statement
In the last 12 months, Granite Ridge Resources Inc had revenue of 380.03M and earned 18.76M in profits. Earnings per share was 0.15.
| Revenue | 380.03M |
| Gross Profit | 354.02M |
| Operating Income | 59.26M |
| Net Income | 18.76M |
| EBITDA | 219.97M |
| EBIT | 43.44M |
| Earnings Per Share (EPS) | 0.15 |
Balance Sheet
The company has 9.42M in cash and 205M in debt, giving a net cash position of -195.58M.
| Cash & Cash Equivalents | 9.42M |
| Total Debt | 205M |
| Net Cash | -195.58M |
| Retained Earnings | 16.05M |
| Total Assets | 1.04B |
| Working Capital | 33.41M |
Cash Flow
In the last 12 months, operating cash flow was 275.73M and capital expenditures 0, giving a free cash flow of 275.73M.
| Operating Cash Flow | 275.73M |
| Capital Expenditures | 0 |
| Free Cash Flow | 275.73M |
| FCF Per Share | 2.12 |
Margins
Gross margin is 93.16%, with operating and profit margins of 15.59% and 4.94%.
| Gross Margin | 93.16% |
| Operating Margin | 15.59% |
| Pretax Margin | 6.57% |
| Profit Margin | 4.94% |
| EBITDA Margin | 57.88% |
| EBIT Margin | 15.59% |
| FCF Margin | 72.56% |
Dividends & Yields
GRNT pays an annual dividend of $0.55, which amounts to a dividend yield of 7.5%.
| Dividend Per Share | $0.55 |
| Dividend Yield | 7.5% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 392.86% |
| Earnings Yield | 2.23% |
| FCF Yield | 32.79% |
Analyst Forecast
The average price target for GRNT is $7.5, which is 21.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $7.5 |
| Price Target Difference | 21.8% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Mar 26, 2021. It was a forward split with a ratio of 2499:1000.
| Last Split Date | Mar 26, 2021 |
| Split Type | forward |
| Split Ratio | 2499:1000 |
Scores
| Altman Z-Score | 1.77 |
| Piotroski F-Score | 6 |