GRNT
Price:
$5.415
Market Cap:
$710.73M
Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. It invests in oil and gas exploration and production. The company is based in Dallas, Texas.
Industry
Oil & Gas Exploration & Production
IPO Date
2020-11-06
Stock Exchange
NYSE
Ticker
GRNT
According to Granite Ridge Resources, Inc’s latest financial reports and current stock price. The company's current PE Ratio is 18.67. This represents a change of 231.45% compared to the average of 5.63 of the last 4 quarters.
The mean historical PE Ratio of Granite Ridge Resources, Inc over the last ten years is 63.20. The current 18.67 PE Ratio has changed 2.85% with respect to the historical average. Over the past ten years (40 quarters), GRNT's PE Ratio was at its highest in in the December 2021 quarter at 1.65K. The PE Ratio was at its lowest in in the March 2022 quarter at -788.24.
Average
63.20
Median
10.95
Minimum
-55.76
Maximum
363.66
Discovering the peaks and valleys of Granite Ridge Resources, Inc PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 353.80%
Maximum Annual PE Ratio = 363.66
Minimum Annual Increase = -121.56%
Minimum Annual PE Ratio = -55.76
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 44.83 | 353.80% |
| 2023 | 9.88 | 115.93% |
| 2022 | 4.58 | -61.94% |
| 2021 | 12.02 | -121.56% |
| 2020 | -55.76 | -115.33% |
The current PE Ratio of Granite Ridge Resources, Inc (GRNT) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
19.76
5-year avg
3.11
10-year avg
63.20
Granite Ridge Resources, Inc’s PE Ratio is greater than Kosmos Energy Ltd. (-1.64), less than TXO Partners, L.P. (47.49), less than Vitesse Energy, Inc. (40.74), greater than HighPeak Energy, Inc. (5.90), greater than Vital Energy, Inc. (-0.55), less than Core Laboratories N.V. (24.94), greater than Tsakos Energy Navigation Limited (4.41), less than Sable Offshore Corp. (3.15K), greater than CrossAmerica Partners LP (17.63), greater than Riley Exploration Permian, Inc. (6.19),
| Company | PE Ratio | Market cap |
|---|---|---|
| -1.64 | $540.51M | |
| 47.49 | $685.35M | |
| 40.74 | $841.15M | |
| 5.90 | $725.97M | |
| -0.55 | $738.98M | |
| 24.94 | $793.56M | |
| 4.41 | $539.36M | |
| 3.15K | $539.33M | |
| 17.63 | $786.62M | |
| 6.19 | $615.95M |
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