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Granite Ridge Resources Inc

GRNT
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4.750USD
+0.105+2.25%
Close 07-31 16:00ETQuotes delayed by 15 min
626.51MMarket Cap
LossP/E TTM

Granite Ridge Resources Inc

4.750
+0.105+2.25%
View Detailed Chart
TradingKey Chart
Intraday
1m
30m
1h
D
W
M
D

Today

+2.25%

5 Days

-2.06%

1 Month

+7.47%

6 Months

-3.06%

Year to Date

+1.06%

1 Year

-2.66%

Key Figures
4.650Open
4.770High
613.67KVolume
LossP/E TTM
8.03P/E Dynamic
0.440Dividend TTM
0.47%Turnover Ratio
4.660Prev. Close
4.621Low
1.18MTurnover
33.61P/E Static
1.03P/B
9.26%Div Yield TTM
-2.85%ROA
6.72052wk High
0.96Volume Ratio
18.55MNet Profit
131.26MShares
-0.2513EPS TTM
0.18Beta
-5.58%ROE
4.18052wk Low
3.20%Amplitude
50.71%Gross Margin
626.51MMarket Cap
3.92Reward/Risk
2.14%Risk Rate

Key Insights

Granite Ridge Resources Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 45 out of 96 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 8.00.In the medium term, the stock price is expected to trend down.Despite a good stock market performance and outperforming fundamentals over the past month, the technicals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Granite Ridge Resources Inc's Score

Industry at a Glance

Industry Ranking
45 / 96
Overall Ranking
157 / 4281
Industry
Oil & Gas

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Positive

Granite Ridge Resources Inc Highlights

StrengthsRisks
Granite Ridge Resources, Inc. is a scaled energy company. The Company owns assets in six unconventional basins across the United States. It holds assets in the Permian (Delaware and Midland basins), Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ) and Appalachian basins (Properties). The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes the Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a natural gas basin located in northwestern Louisiana and east Texas. The DJ Basin is a geologic basin centered in eastern Colorado, stretching into southeast Wyoming, western Nebraska and western Kansas. The Appalachian Basin is a geologic basin in the eastern United States.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 309.97%.
Fairly Valued
The company’s latest PB is 1.15, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 108.45M shares, decreasing 5.01% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 1.51K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.26.

Analyst Rating

Based on 6 analysts
Buy
Current Rating
8.000
Target Price
+68.42%
Upside Space

Granite Ridge Resources Inc News

More news coming soon, stay tuned...

Earnings Forecast

Analyst Rating

Based on 6 analysts
Buy
Current Rating
8.000
Target Price
+68.42%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

62
Total
9
Median
11
Average
Company name
Ratings
Analysts
Granite Ridge Resources Inc
GRNT
6
EOG Resources Inc
EOG
32
Diamondback Energy Inc
FANG
30
Devon Energy Corp
DVN
28
ConocoPhillips
COP
28
APA Corp (US)
APA
28
1
2
3
...
13

Indicators

Indicators
Sell(1)
Neutral(5)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.038
Neutral
RSI(14)
52.567
Neutral
STOCH(KDJ)(9,3,3)
40.695
Neutral
ATR(14)
0.152
Low Volatility
CCI(14)
18.556
Neutral
Williams %R
51.000
Neutral
TRIX(12,20)
0.079
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
4.650
Buy
MA10
4.721
Buy
MA20
4.641
Buy
MA50
4.754
Sell
MA100
5.143
Sell
MA200
5.072
Sell

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Granite Ridge Resources Inc Info

Granite Ridge Resources, Inc. is a scaled energy company. The Company owns assets in six unconventional basins across the United States. It holds assets in the Permian (Delaware and Midland basins), Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ) and Appalachian basins (Properties). The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes the Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a natural gas basin located in northwestern Louisiana and east Texas. The DJ Basin is a geologic basin centered in eastern Colorado, stretching into southeast Wyoming, western Nebraska and western Kansas. The Appalachian Basin is a geologic basin in the eastern United States.
Ticker SymbolGRNT
CompanyGranite Ridge Resources Inc
CEOFarquharson (Tyler S)
Websitehttps://www.graniteridge.com/

Shareholders

Shareholders
Shareholders
Proportion
Grey Rock Energy Management, LLC
41.90%
Hamilton Lane Advisors, LLC
5.60%
GREP GP II, LLC
5.04%
Utah Retirement Systems
3.98%
BlackRock Institutional Trust Company, N.A.
2.58%
Other
40.90%

FAQs

What is the current price of Granite Ridge Resources Inc (GRNT)?

The current price of Granite Ridge Resources Inc (GRNT) is 4.75.

What is the symbol of Granite Ridge Resources Inc?

The ticker symbol of Granite Ridge Resources Inc is GRNT.

What is the 52-week high of Granite Ridge Resources Inc?

The 52-week high of Granite Ridge Resources Inc is 6.72.

What is the 52-week low of Granite Ridge Resources Inc?

The 52-week low of Granite Ridge Resources Inc is 4.18.

What is the market capitalization of Granite Ridge Resources Inc?

The market capitalization of Granite Ridge Resources Inc is 626.51M.

Is Granite Ridge Resources Inc (GRNT) currently rated as Buy, Hold, or Sell?

According to analysts, Granite Ridge Resources Inc (GRNT) has an overall rating of Buy, with a price target of 8.00.

What is the Earnings Per Share (EPS TTM) of Granite Ridge Resources Inc (GRNT)?

The Earnings Per Share (EPS TTM) of Granite Ridge Resources Inc (GRNT) is 0.18.
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