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Granite Ridge Resources Inc

Energy US GRNT

6.845USD
0.12(1.71%)

Last update at 2024-07-25T16:53:00Z

Day Range

6.706.85
LowHigh

52 Week Range

4.588.67
LowHigh

Fundamentals

  • Previous Close 6.73
  • Market Cap815.31M
  • Volume102275
  • P/E Ratio6.89
  • Dividend Yield7.18%
  • EBITDA297.98M
  • Revenue TTM379.11M
  • Revenue Per Share TTM2.84
  • Gross Profit TTM 422.12M
  • Diluted EPS TTM0.89

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 275.19M 3.77M -23.93000M 3.64M
Minority interest - - - -
Net income 262.34M 3.77M -25.77100M 3.64M
Selling general administrative 14.22M 0.39M 10.11M 1.57M
Selling and marketing expenses - - - -
Gross profit 422.12M 245.79M 60.04M 9.60M
Reconciled depreciation 105.75M 3.04M 9.84M 7.26M
Ebit 302.14M 4.40M -30.01800M 0.77M
Ebitda 407.90M 7.44M 49.93M 8.03M
Depreciation and amortization 105.75M 3.04M 79.95M 7.26M
Non operating income net other -24.96200M - - -
Operating income 302.14M 4.40M -30.01800M 0.77M
Other operating expenses 195.27M 5.85M 117.12M 12.67M
Interest expense 1.99M 0.14M 1.84M 0.67M
Tax provision 12.85M - 0.00000M -
Interest income - - - -
Net interest income -1.98900M -0.13815M -0.24480M -0.66589M
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense 12.85M 0.14M 1.84M 0.67M
Total revenue 470.52M 273.09M 81.10M 13.44M
Total operating expenses 119.97M 3.43M 90.06M 8.83M
Cost of revenue 48.40M 27.30M 21.06M 3.84M
Total other income expense net -26.95100M -0.63920M 6.09M 2.87M
Discontinued operations - - - -
Net income from continuing ops 262.34M 3.77M -7.74980M 3.64M
Net income applicable to common shares 262.34M 88.87M -3.46782M -
Preferred stock and other adjustments - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 794.78M 17.00M 40.78M -
Intangible assets - - - -
Earning assets - - - -
Other current assets 95.49M 0.01M 0.57M -
Total liab 172.37M 2.02M 7.57M -
Total stockholder equity 622.40M 14.97M 33.21M -
Deferred long term liab 91.59M - - -
Other current liab 64.13M 0.68M 0.69M -
Common stock 0.01M 298.83M 177.77M -
Capital stock 0.01M - - -
Retained earnings 32.39M -8.40839M -9.88072M -
Other liab 108.24M 1.36M 0.50M -
Good will - - - -
Other assets 3.47M 414.05M 414.01M -
Cash 50.83M 0.74M 1.29M -
Cash and equivalents - - - -
Total current liabilities 64.13M 0.68M 7.09M -
Current deferred revenue - - - -
Net debt -50.83300M 0.36M 5.11M -
Short term debt 0.43M - 6.40M -
Short long term debt - - 6.40M -
Short long term debt total - 1.10M 6.40M -
Other stockholder equity 590.00M - - -
Property plant equipment 644.99M 278.39M 172.48M -
Total current assets 146.32M 1.95M 3.07M -
Long term investments - - - -
Net tangible assets 622.40M 298.83M 177.77M -
Short term investments - - - -
Net receivables 72.29M 1.20M 1.22M -
Long term debt - 1.10M - -
Inventory -72.28700M - - -
Accounts payable 62.18M 0.07M 0.08M -
Total permanent equity - - - -
Noncontrolling interest in consolidated entity - - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income - - - -
Additional paid in capital - - - -
Common stock total equity 0.01M - - -
Preferred stock total equity - - - -
Retained earnings total equity 32.39M - - -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other 3.47M - - -
Deferred long term asset charges - - - -
Non current assets total 648.46M 15.05M 37.71M -
Capital lease obligations - - - -
Long term debt total - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -230.56200M 21.28M -6.45484M 8.15M
Change to liabilities 9.84M 0.00000M 0.00000M -
Total cashflows from investing activities -230.56200M -194.01420M -80.86791M -
Net borrowings -54.33700M 20.00M -6.50000M -
Total cash from financing activities -76.84800M -27.30000M 52.07M -13.24100M
Change to operating activities 7.75M 1.33M 0.12M -
Net income 262.34M 3.77M -23.93000M 3.64M
Change in cash 38.98M -0.54667M 2.13M 1.34M
Begin period cash flow 12.15M 1.29M 6.37M 0.75M
End period cash flow 51.13M 0.74M 8.51M 2.09M
Total cash from operating activities 346.39M 5.47M 66.81M 6.43M
Issuance of capital stock 6.83M - 0.00000M -
Depreciation 0.00016M 3.04M 22.13M -
Other cashflows from investing activities 4.13M 3.25M 3.25M -
Dividends paid -10.66400M -22.00000M 12.88M -7.24101M
Change to inventory - - - -
Change to account receivables -24.98900M 0.02M 5.53M 0.16M
Sale purchase of stock -0.21600M - 0.00000M -
Other cashflows from financing activities -0.69300M 21.28M 106.57M 3.70M
Change to netincome 38.17M 4.14M -0.09019M -
Capital expenditures 234.69M 219.29M 117.39M 3.97M
Change receivables -24.98900M - - -
Cash flows other operating -44.89400M - - -
Exchange rate changes - - - -
Cash and cash equivalents changes 38.98M - - -
Change in working capital -17.24100M 0.08M 6.70M -0.78807M
Stock based compensation - - - -
Other non cash items 88.44M 1.63M 84.04M 3.57M
Free cash flow 111.70M -213.81227M -50.58400M 2.46M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GRNT
Granite Ridge Resources Inc
0.12 1.71% 6.84 6.89 - 2.15 1.25 2.22 3.07
COP
ConocoPhillips
0.01 0.009% 111.11 12.82 11.12 2.24 2.90 2.47 5.63
CNQ
Canadian Natural Resources Ltd
-0.28 0.81% 34.15 15.51 14.24 2.37 2.92 2.26 5.34
EOG
EOG Resources Inc
2.18 1.74% 127.28 9.09 8.98 3.01 2.57 2.97 5.16
PEXNY
PTT Exploration & Production
1.05 5.97% 18.64 25.79 24.51 5.92 3.66 0.05 0.08

Reports Covered

Stock Research & News

Profile

Granite Ridge Resources, Inc. operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. The company is based in Dallas, Texas.

Granite Ridge Resources Inc

5217 McKinney Avenue, Dallas, TX, United States, 75205

Key Executives

Name Title Year Born
Mr. Matthew Reade Miller C.F.A. Co-Founder & Co-Chairman 1984
Mr. Griffin Andrew Perry Co-Founder & Co-Chairman 1983
Mr. Luke C. Brandenberg CEO & Pres 1985
Mr. Kirk Vincent Lazarine Co-Founder, MD & Director 1953
Mr. Tyler S. Farquharson Chief Financial Officer 1982
Ms. Emily Tubb Fuquay Gen. Counsel and Chief Compliance Officer NA
Mr. Adam Griffin Partner of Land NA
Mr. Suhrid Mantravadi Partner NA
Mr. Witt Meloni Assistant Controller NA
Mr. Wade Caston Assistant Controller NA

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