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Granite Ridge Resources Inc Ordinary Shares - Class A GRNT

Morningstar Rating
$6.39 −0.19 (2.89%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

GRNT is trading at a 866% premium.
Price
$6.59
Fair Value
$1.22
Uncertainty
High
1-Star Price
$82.55
5-Star Price
$7.65
Economic Moat
Nhwx
Capital Allocation
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News

Trading Information

Previous Close Price
$6.58
Day Range
$6.356.59
52-Week Range
$5.208.14
Bid/Ask
$6.35 / $6.69
Market Cap
$835.45 Mil
Volume/Avg
345,776 / 507,561

Key Statistics

Price/Earnings (Normalized)
9.11
Price/Sales
2.22
Dividend Yield (Trailing)
6.69%
Dividend Yield (Forward)
6.69%
Total Yield
10.64%

Company Profile

Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
2

Comparables

Valuation

Metric
GRNT
VTLE
CRGY
Price/Earnings (Normalized)
9.112.6313.85
Price/Book Value
1.280.600.66
Price/Sales
2.220.690.88
Price/Cash Flow
3.001.222.33
Price/Earnings
GRNT
VTLE
CRGY

Financial Strength

Metric
GRNT
VTLE
CRGY
Quick Ratio
2.181.170.64
Current Ratio
2.551.220.75
Interest Coverage
10.713.011.23
Quick Ratio
GRNT
VTLE
CRGY

Profitability

Metric
GRNT
VTLE
CRGY
Return on Assets (Normalized)
10.45%7.24%3.36%
Return on Equity (Normalized)
14.42%15.64%14.43%
Return on Invested Capital (Normalized)
13.66%11.49%7.07%
Return on Assets
GRNT
VTLE
CRGY
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Oil & Gas E&P Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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FANG
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Devon Energy Corp
DVN
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EQT Corp
EQT
XdwjwvrQldpc$16.4 Bil
Marathon Oil Corp
MRO
WxhkztqkyGjqll$16.1 Bil
APA Corp
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QrtlymbccVtz$10.9 Bil
Antero Resources Corp
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BznmdcsxhGmy$10.3 Bil

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