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Granite Ridge Resources DB:Y60 Stock Report

Last Price

€5.80

Market Cap

€775.6m

7D

0.9%

1Y

n/a

Updated

21 Dec, 2024

Data

Company Financials +

Granite Ridge Resources, Inc.

DB:Y60 Stock Report

Market Cap: €775.6m

My Notes

Capture your thoughts, links and company narrative

Granite Ridge Resources, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Granite Ridge Resources
Historical stock prices
Current Share PriceUS$5.80
52 Week HighUS$6.55
52 Week LowUS$5.15
Beta0.21
1 Month Change-7.20%
3 Month Change2.65%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO2.60%

Recent News & Updates

Recent updates

Shareholder Returns

Y60DE Oil and GasDE Market
7D0.9%-1.9%-2.6%
1Yn/a-38.2%6.9%

Return vs Industry: Insufficient data to determine how Y60 performed against the German Oil and Gas industry.

Return vs Market: Insufficient data to determine how Y60 performed against the German Market.

Price Volatility

Is Y60's price volatile compared to industry and market?
Y60 volatility
Y60 Average Weekly Movement5.4%
Oil and Gas Industry Average Movement5.5%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: Y60 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Y60's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2Luke Brandenbergwww.graniteridge.com

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. Granite Ridge Resources, Inc. is based in Dallas, Texas.

Granite Ridge Resources, Inc. Fundamentals Summary

How do Granite Ridge Resources's earnings and revenue compare to its market cap?
Y60 fundamental statistics
Market cap€775.64m
Earnings (TTM)€45.74m
Revenue (TTM)€343.61m

17.0x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
Y60 income statement (TTM)
RevenueUS$358.52m
Cost of RevenueUS$62.45m
Gross ProfitUS$296.07m
Other ExpensesUS$248.34m
EarningsUS$47.72m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.37
Gross Margin82.58%
Net Profit Margin13.31%
Debt/Equity Ratio29.5%

How did Y60 perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

120%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 14:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Granite Ridge Resources, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AbbottBofA Global Research
Noah HungnessBofA Global Research
Brian VelieCapital One Securities, Inc.