GRANITE RIDGE RESOURCES INC (GRNT) Stock Overview
USA - NYSE:GRNT - US3874321074 - Common Stock
GRNT Key Statistics, Chart & Performance
The current stock price of GRNT is 5.27 USD. In the past month the price decreased by -4.44%. In the past year, price decreased by -10.86%.
GRNT Latest News, Press Relases and Analysis
GRNT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| COP | CONOCOPHILLIPS | 12.11 | 109.97B | ||
| CNQ | CANADIAN NATURAL RESOURCES | 11.92 | 66.93B | ||
| EOG | EOG RESOURCES INC | 9.86 | 58.25B | ||
| FANG | DIAMONDBACK ENERGY INC | 10.09 | 41.55B | ||
| EQT | EQT CORP | 18.27 | 32.39B | ||
| WDS | WOODSIDE ENERGY GROUP-ADR | 12.27 | 30.53B | ||
| EXE | EXPAND ENERGY CORP | 21.72 | 24.00B | ||
| VG | VENTURE GLOBAL INC-CL A | 18.24 | 22.58B | ||
| TPL | TEXAS PACIFIC LAND CORP | 46.85 | 21.60B | ||
| DVN | DEVON ENERGY CORP | 7.52 | 20.56B | ||
| CTRA | COTERRA ENERGY INC | 11.17 | 17.82B | ||
| VNOM | VIPER ENERGY INC-CL A | 19.97 | 12.05B |
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About GRNT
Company Profile
Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. The company is headquartered in Dallas, Texas and currently employs 3 full-time employees. The company went IPO on 2020-11-06. The firm owns assets in six unconventional basins across the United States. The company 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.
Company Info
GRANITE RIDGE RESOURCES INC
5217 Mckinney Avenue, Suite 400
Dallas TEXAS US
Employees: 3
Phone: 12143962850
GRANITE RIDGE RESOURCES INC / GRNT FAQ
Can you describe the business of GRANITE RIDGE RESOURCES INC?
Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. The company is headquartered in Dallas, Texas and currently employs 3 full-time employees. The company went IPO on 2020-11-06. The firm owns assets in six unconventional basins across the United States. The company 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.
What is the current price of GRNT stock?
The current stock price of GRNT is 5.27 USD. The price increased by 1.93% in the last trading session.
What is the dividend status of GRANITE RIDGE RESOURCES INC?
GRANITE RIDGE RESOURCES INC (GRNT) has a dividend yield of 8.16%. The yearly dividend amount is currently 0.44.
How is the ChartMill rating for GRANITE RIDGE RESOURCES INC?
GRNT has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
Which stock exchange lists GRNT stock?
GRNT stock is listed on the New York Stock Exchange, Inc. exchange.
Can you provide the sector and industry classification for GRANITE RIDGE RESOURCES INC?
GRANITE RIDGE RESOURCES INC (GRNT) operates in the Energy sector and the Oil, Gas & Consumable Fuels industry.
Can you provide the market cap for GRANITE RIDGE RESOURCES INC?
GRANITE RIDGE RESOURCES INC (GRNT) has a market capitalization of 691.69M USD. This makes GRNT a Small Cap stock.
GRNT Technical Analysis
GRNT Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to GRNT. While GRNT is still in line with the averages on profitability rating, there are concerns on its financial health.
GRNT Financial Highlights
Over the last trailing twelve months GRNT reported a non-GAAP Earnings per Share(EPS) of 0.64. The EPS decreased by -3.03% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 7.43% | ||
| ROA | 2.91% | ||
| ROE | 5% | ||
| Debt/Equity | 0.43 |
GRNT Forecast & Estimates
12 analysts have analysed GRNT and the average price target is 7.28 USD. This implies a price increase of 38.06% is expected in the next year compared to the current price of 5.27.
For the next year, analysts expect an EPS growth of 7.83% and a revenue growth 27.87% for GRNT