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NYSE: GRNT
Granite Ridge Resources Inc Stock

Overview
EarningsDividendOwnership
$5.70-0.26 (-4.36%)
Updated May 31, 2023
GRNT Price
$5.70
Fair Value Price
N/A
Market Cap
$758.32M
52 Week Low
$4.82
52 Week High
$14.00
P/E
N/A
P/B
1.18x
P/S
1.33x
PEG
N/A
Dividend Yield
N/A
Revenue
$586.92M
Earnings
$299.06M
Gross Margin
83.9%
Operating Margin
55.38%
Profit Margin
51%
Debt to Equity
0.33
Operating Cash Flow
$427M
Beta
0.17
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 (39)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GRNT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GRNT is good value based on its book value relative to its share price (1.18x), compared to the US Oil & Gas E&P industry average (1.81x)
P/B vs Industry Valuation
GRNT's Earnings (EBIT) of $325.01M can safely cover interest payments on company debt ($25.00M)
Interest Coverage Financials
GRNT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
There are 30 more GRNT due diligence checks available for Premium users.

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GRNT News

Valuation

GRNT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0x
Industry
6.92x
Market
54.01x

GRNT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.18x
Industry
1.81x
GRNT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GRNT's financial health

Profit margin

Revenue
$91.3M
Net Income
$36.9M
Profit Margin
40.4%
GRNT's Earnings (EBIT) of $325.01M... subscribe to Premium to read more.
Interest Coverage Financials
GRNT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$856.1M
Liabilities
$211.0M
Debt to equity
0.33
GRNT's short-term assets ($115.33M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GRNT's long-term liabilities ($139.06M) 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
$81.5M
Investing
-$129.9M
Financing
$8.5M
GRNT's operating cash flow ($426.92M)... subscribe to Premium to read more.
Debt Coverage Financials

GRNT vs Oil and Gas Stocks

TickerMarket Cap1d %P/EP/B
GRNT$758.32M-4.36%N/A1.18x
VTLE$771.58M-1.75%0.83x0.63x
TELL$681.00M0.00%-60.50x1.05x
NEXT$835.64M-0.18%-7.60x14.70x
REPX$675.50M+4.27%4.17x1.88x
View Top Oil and Gas Stocks

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 $14.00, and its 52-week low was $4.82. It is currently -59.29% from its 52-week high and 18.38% from its 52-week low.

How much is Granite Ridge Resources stock worth today?

(NYSE: GRNT) Granite Ridge Resources currently has 133,037,900 outstanding shares. With Granite Ridge Resources stock trading at $5.70 per share, the total value of Granite Ridge Resources stock (market capitalization) is $758.32M.

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 2 years would have been -43.45%, for an annualized return of -24.8% (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 $5.70 today (as of May 31, 2023).

What is Granite Ridge Resources's Market Cap?

(NYSE: GRNT) Granite Ridge Resources's market cap is $758.32M, as of Jun 1, 2023.

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 $5.70 by GRNT's total outstanding shares of 133,037,900.
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