Granite Ridge Resources Inc (GRNT)
Company Info
| ISIN | US3874321074 |
|---|---|
| Sector | Energy |
| Industry | Oil & Gas E&P |
Highlights
| Market Cap | $823.69M |
|---|---|
| EPS (TTM) | $0.43 |
| PE Ratio | 14.65 |
| Total Revenue (TTM) | $394.85M |
| Gross Profit (TTM) | $174.94M |
| EBITDA (TTM) | $279.04M |
| Year Range | $4.94 - $6.98 |
| Target Price | $7.56 |
| Short % | 4.44% |
| Short Ratio | 8.29 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: GRNT vs. GPRK, GRNT vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Granite Ridge Resources Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Granite Ridge Resources Inc had a return of 10.37% year-to-date (YTD) and 12.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.37% | 17.79% |
| 1 month | -2.01% | 0.18% |
| 6 months | 1.82% | 7.53% |
| 1 year | 12.38% | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of GRNT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -8.97% | 14.25% | 5.69% | 0.31% | 2.15% | -3.36% | 8.21% | -5.70% | 10.37% | ||||
| 2023 | -20.15% | -25.16% | 10.97% | -3.24% | 2.24% | 16.32% | 9.95% | 2.95% | -17.57% | 0.98% | -2.31% | 1.86% | -28.45% |
| 2022 | 0.20% | 0.05% | 0.15% | 0.51% | 0.91% | -0.00% | -0.50% | 0.40% | -0.00% | -4.81% | -3.67% | 0.51% | -6.23% |
| 2021 | 0.08% | 0.32% | -3.34% | 0.31% | -0.31% | 0.20% | -0.82% | 0.83% | 0.82% | -0.20% | 0.41% | -0.30% | -2.06% |
| 2020 | -1.31% | 2.16% | 0.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GRNT is 60, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Granite Ridge Resources Inc (GRNT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Granite Ridge Resources Inc granted a 6.97% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.44 | $0.44 | $0.16 |
Dividend yield | 6.97% | 7.31% | 1.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Granite Ridge Resources Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.33 | |||
| 2023 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.44 |
| 2022 | $0.08 | $0.08 | $0.16 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Granite Ridge Resources Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Granite Ridge Resources Inc was 49.78%, occurring on Mar 23, 2023. The portfolio has not yet recovered.
The current Granite Ridge Resources Inc drawdown is 29.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.78% | Jan 25, 2021 | 545 | Mar 23, 2023 | — | — | — |
| -3.32% | Nov 9, 2020 | 2 | Nov 10, 2020 | 20 | Dec 9, 2020 | 22 |
| -1.73% | Dec 29, 2020 | 3 | Dec 31, 2020 | 2 | Jan 5, 2021 | 5 |
| -1.32% | Jan 12, 2021 | 4 | Jan 15, 2021 | 4 | Jan 22, 2021 | 8 |
| -1.21% | Dec 14, 2020 | 2 | Dec 15, 2020 | 5 | Dec 22, 2020 | 7 |
Volatility
Volatility Chart
The current Granite Ridge Resources Inc volatility is 8.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Granite Ridge Resources Inc.
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Income Statement
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