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NYSE: GRNT
Granite Ridge Resources Inc Stock

$6.73-0.11 (-1.61%)
Updated Apr 22, 2024
GRNT Price
$6.73
Fair Value Price
N/A
Market Cap
$877.92M
52 Week Low
$5.00
52 Week High
$8.14
P/E
11.03x
P/B
1.31x
P/S
2.03x
PEG
N/A
Dividend Yield
1.63%
Revenue
$394.07M
Earnings
$81.10M
Gross Margin
77.6%
Operating Margin
28.14%
Profit Margin
20.6%
Debt to Equity
0.38
Operating Cash Flow
$303M
Beta
0.23
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

GRNT Overview

Executive Network Partnering Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar partnering transaction with one or more businesses. The company was founded in 2020 and is based in Boston, Massachusetts.

Zen Score

Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GRNT scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GRNT was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GRNT is good value based on its earnings relative to its share price (11.03x), compared to the US market average (41x)
P/E vs Market Valuation
GRNT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more GRNT due diligence checks available for Premium users.

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Valuation

GRNT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
11.03x
Industry
13.29x
Market
41x
GRNT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GRNT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

GRNT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.31x
Industry
2.14x
GRNT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GRNT's financial health

Profit margin

Revenue
$106.8M
Net Income
$17.5M
Profit Margin
16.4%
GRNT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
GRNT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$927.1M
Liabilities
$255.5M
Debt to equity
0.38
GRNT's short-term assets ($151.55M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRNT's long-term liabilities ($193.38M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GRNT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$90.2M
Investing
-$70.2M
Financing
-$15.7M
GRNT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

GRNT vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
GRNT$877.92M-1.61%11.03x1.31x
SBOW$766.70M+0.30%2.37x0.64x
EGY$686.77M-1.77%11.88x1.43x
VTS$677.44M0.00%-31.51x1.24x
DEC$661.35M+0.80%0.86x1.13x

Granite Ridge Resources Stock FAQ

What is Granite Ridge Resources's quote symbol?

(NYSE: GRNT) Granite Ridge Resources trades on the NYSE under the ticker symbol GRNT. Granite Ridge Resources stock quotes can also be displayed as NYSE: GRNT.

If you're new to stock investing, here's how to buy Granite Ridge Resources stock.

What is the 52 week high and low for Granite Ridge Resources (NYSE: GRNT)?

(NYSE: GRNT) Granite Ridge Resources's 52-week high was $8.14, and its 52-week low was $5.00. It is currently -17.31% from its 52-week high and 34.6% from its 52-week low.

How much is Granite Ridge Resources stock worth today?

(NYSE: GRNT) Granite Ridge Resources currently has 130,449,075 outstanding shares. With Granite Ridge Resources stock trading at $6.73 per share, the total value of Granite Ridge Resources stock (market capitalization) is $877.92M.

Granite Ridge Resources stock was originally listed at a price of $10.08 in Sep 16, 2020. If you had invested in Granite Ridge Resources stock at $10.08, your return over the last 3 years would have been -33.23%, for an annualized return of -12.6% (not including any dividends or dividend reinvestments).

How much is Granite Ridge Resources's stock price per share?

(NYSE: GRNT) Granite Ridge Resources stock price per share is $6.73 today (as of Apr 22, 2024).

What is Granite Ridge Resources's Market Cap?

(NYSE: GRNT) Granite Ridge Resources's market cap is $877.92M, as of Apr 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Granite Ridge Resources's market cap is calculated by multiplying GRNT's current stock price of $6.73 by GRNT's total outstanding shares of 130,449,075.
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