Stock Scorecard
Stock Summary for Granite Ridge Resources Inc - Class A (GRNT) - $6.41 as of 4/26/2024 3:18:11 PM EST
Total Score
14 out of 29
Currently on the following lists
None
Tim's Recommendation
Possible Buy
Growth List Algorithm Criteria for GRNT
| Positive earnings growth | |
| P/E ratio less than Industry P/E Ratio | |
| P/E ratio less than Sector P/E Ratio | |
| P/E ratio that is half the growth rate (or less) | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Positive net income past year and 12 trailing months | |
| Free cash flow ratio greater than 0 and less than 10 |
Small Cap List Algorithm Criteria for GRNT
| Revenue growing by at least 20% average per year over the last 5 years | |
| Market Capitalization under 2 billion | |
| Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months | |
| Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months | |
| Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year |
Dividend List Algorithm Criteria for GRNT
| Declared an ex-dividend date | |
| Forward annual dividend rate greater than 2 | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Current ratio most recent quarter greater than 2 |
Bonus Criteria for GRNT
| P/E ratio less than five-year Average P/E ratio | |
| Last Price to 52 Week Low Ratio Less Than 1 | |
| Total Cash Per Share > Last Day Price | |
| P/S Ratio < 1 | |
| P/B Ratio < 1 |
Latest News for for GRNT
Financial Details for GRNT
Company Overview |
|
|---|---|
| Ticker | GRNT |
| Company Name | Granite Ridge Resources Inc - Class A |
| Country | USA |
| Description | Granite Ridge Resources, Inc. manages private funds with interests in the Midland, Delaware, Bakken, Eagle Ford, DJ and Haynesville areas. The company is headquartered in Boston, Massachusetts. |
| Sector Name | ENERGY & TRANSPORTATION |
| Industry Name | CRUDE PETROLEUM & NATURAL GAS |
| Most Recent Quarter | 12/31/2023 |
| Next Earnings Date | N/A |
Stock Price History |
|
| Last Day Price | 6.41 |
| Last Day Price Updated | 4/26/2024 3:18:11 PM EST |
| Last Day Volume | 0 |
| Average Daily Volume | 376,994 |
| 52-Week High | 7.79 |
| 52-Week Low | 4.67 |
| Last Price to 52 Week Low | 37.26% |
Valuation Measures |
|
| Trailing PE | 10.51 |
| Industry PE | 14.29 |
| Sector PE | 26.28 |
| 5-Year Average PE | 66.34 |
| Free Cash Flow Ratio | 13.64 |
| Industry Free Cash Flow Ratio | 235.18 |
| Sector Free Cash Flow Ratio | 115.46 |
| Current Ratio Most Recent Quarter | 2.44 |
| Total Cash Per Share | 0.47 |
| Book Value Per Share Most Recent Quarter | 5.15 |
| Price to Book Ratio | 1.33 |
| Industry Price to Book Ratio | 2.07 |
| Sector Price to Book Ratio | 2.93 |
| Price to Sales Ratio Twelve Trailing Months | 2.43 |
| Industry Price to Sales Ratio Twelve Trailing Months | 2.68 |
| Sector Price to Sales Ratio Twelve Trailing Months | 5.32 |
Share Statistics |
|
| Total Shares Outstanding | 130,744,000 |
| Market Capitalization | 838,069,040 |
| Institutional Ownership | N/A |
Dividends |
|
| Ex-Dividend Date | 2/29/2024 |
| Last Dividend Amount | 0.11 |
| Current Dividend Amount | 0.11 |
| Dividend Aristocrat? | False |
| Trailing Annual Dividend Rate | 0.44 |
| Trailing Annual Dividend Yield | 6.86% |
| Forward Annual Dividend Rate | 2.42 |
| Forward Annual Dividend Yield | 37.75% |
| 5-Year Dividend Payments Count | 6 |
| 3-Year Average Dividend Yield | 0.00% |
| 5-Year Average Dividend Yield | 0.00% |
| 1-Year Dividend Growth Rate Percentage | 450.00% |
| 3-Year Dividend Growth Rate Percentage | 450.00% |
| 5-Year Dividend Growth Rate Percentage | 450.00% |
| All-Time Dividend Growth Rate Percentage | 450.00% |
| Dividend Payout Ratio | 72.13% |
Income Statement |
|
| Quarterly Earnings Growth YOY | -69.20% |
| Annual Earnings Growth | -69.09% |
| Reported EPS 12 Trailing Months | 0.61 |
| Reported EPS Past Year | 0.76 |
| Reported EPS Prior Year | 0.20 |
| Net Income Twelve Trailing Months | 81,099,000 |
| Net Income Past Year | 81,099,000 |
| Net Income Prior Year | 262,344,000 |
| Quarterly Revenue Growth YOY | -9.10% |
| 5-Year Revenue Growth | -11.87% |
Balance Sheet |
|
| Total Cash Most Recent Quarter | 60,857,000 |
| Total Cash Past Year | 60,857,000 |
| Total Cash Prior Year | 50,833,000 |
| Net Cash Position Most Recent Quarter | -49,143,000 |
| Net Cash Position Past Year | -49,143,000 |
| Long Term Debt Past Year | 110,000,000 |
| Long Term Debt Prior Year | 0 |
| Total Debt Most Recent Quarter | 110,000,000 |
| Equity to Debt Ratio Past Year | 0.86 |
| Equity to Debt Ratio Most Recent Quarter | 0.86 |
| Total Stockholder Equity Past Year | 671,645,000 |
| Total Stockholder Equity Prior Year | 664,247,000 |
| Total Stockholder Equity Most Recent Quarter | 671,645,000 |
Options |
|
| Put/Call Ratio | 0.00 |
| Has Options | Options Chain |
| Liquidity Rating | None |
Technical Analysis |
|
| Yahoo Finance Chart | Yahoo Finance Chart |
| MACD | 0.10 |
| MACD Signal | 0.14 |
| 20-Day Bollinger Lower Band | 5.06 |
| 20-Day Bollinger Middle Band | 6.04 |
| 20-Day Bollinger Upper Band | 7.02 |
| Beta | 0.20 |
| RSI | 43.91 |
| 50-Day SMA | 6.12 |
| 200-Day SMA | 0.00 |
System |
|
| Modified | 4/27/2024 1:59:55 AM EST |