Granite Ridge Resources, Inc
General ticker "GRNT" information:
- Sector: Energy
- Industry: Oil, Gas & Consumable Fuels
- Capitalization: $747.5M (TTM average)
Granite Ridge Resources, Inc follows the US Stock Market performance with the rate: 16.2%.
Estimated limits based on current volatility of 1.4%: low 5.19$, high 5.34$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-08-29, amount 0.11$ (Y8.26%)
- Total employees count: 3 as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Key management loss, Cybersecurity threats, Integration challenges, Geological uncertainties, Regulatory and compliance
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [4.62$, 7.18$]
- 2025-12-31 to 2026-12-31 estimated range: [4.90$, 7.57$]
Financial Metrics affecting the GRNT estimates:
- Positive: with PPE of 10.7 at the end of fiscal year the price was very low
- Positive: 7.86 < Operating profit margin, % of 15.59
- Positive: Operating cash flow per share per price, % of 35.32 > 13.24
- Positive: Industry operating cash flow per share per price (median), % of 18.11 > 10.33
- Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 1.78
- Positive: 2.97 < Industry operating profit margin (median), % of 7.83
- Positive: 41.86 < Shareholder equity ratio, % of 61.30 <= 63.39
- Negative: 0.79 < Interest expense per share per price, % of 2.37
Short-term GRNT quotes
Long-term GRNT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $497.42MM | $394.07MM | $380.03MM |
| Operating Expenses | $195.27MM | $303.48MM | $320.77MM |
| Operating Income | $302.14MM | $90.59MM | $59.26MM |
| Non-Operating Income | $-26.95MM | $14.99MM | $-34.29MM |
| Interest Expense | $1.99MM | $5.32MM | $18.47MM |
| Income(Loss) | $275.19MM | $105.58MM | $24.97MM |
| Taxes | $12.85MM | $24.48MM | $6.21MM |
| Profit(Loss)* | $262.34MM | $81.10MM | $18.76MM |
| Stockholders Equity | $664.25MM | $671.64MM | $635.35MM |
| Assets | $794.78MM | $927.10MM | $1,036.48MM |
| Operating Cash Flow | $346.39MM | $302.87MM | $275.73MM |
| Capital expenditure | $234.69MM | $359.20MM | $346.99MM |
| Investing Cash Flow | $-230.56MM | $-356.68MM | $-310.77MM |
| Financing Cash Flow | $-76.85MM | $13.41MM | $33.72MM |
| Earnings Per Share** | $1.97 | $0.61 | $0.14 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.