Granite Ridge Resources Future Growth
Future criteria checks 1/6
Granite Ridge Resources is forecast to grow earnings and revenue by 14.2% and 8.2% per annum respectively while EPS is expected to grow by 16.2% per annum.
Key information
14.2%
Earnings growth rate
16.2%
EPS growth rate
Oil and Gas earnings growth | 5.0% |
Revenue growth rate | 8.2% |
Future return on equity | n/a |
Analyst coverage | Low |
Last updated | 14 Jun 2024 |
Recent future growth updates
Recent updates
Granite Ridge Resources: Free Cash Flow May Be Close To Zero In 2024
Jun 18Investors Will Want Granite Ridge Resources' (NYSE:GRNT) Growth In ROCE To Persist
Jun 10Granite Ridge Resources (NYSE:GRNT) Is Due To Pay A Dividend Of $0.11
May 21Estimating The Fair Value Of Granite Ridge Resources, Inc. (NYSE:GRNT)
May 14Granite Ridge Resources: Balancing Production Growth With Increasing Debt
Apr 05Granite Ridge Resources' (NYSE:GRNT) Soft Earnings Are Actually Better Than They Appear
Mar 15There Is A Reason Granite Ridge Resources, Inc.'s (NYSE:GRNT) Price Is Undemanding
Mar 10Granite Ridge Resources (NYSE:GRNT) Takes On Some Risk With Its Use Of Debt
Feb 16Granite Ridge Resources Pre Announces Q4 Beat And Offers Positive Operations Update
Feb 05Granite Ridge Resources: Debt Remains Reasonable Despite Spending To Grow Production
Dec 08Granite Ridge: Secondary Creates Buying Opportunity
Sep 29Granite Ridge Resources: Attempting To Scale Up Production
Aug 30Granite Ridge Resources: Exceptional Team, Better Guidance, And Quite Cheap
Jun 14We Think Granite Ridge Resources (NYSE:GRNT) Might Have The DNA Of A Multi-Bagger
Mar 28Granite Ridge Resources raises dividend by 37.5% to $0.11
Feb 21Granite Ridge Resources reports Q3 results
Nov 14Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 449 | 84 | 16 | 314 | 2 |
12/31/2025 | 445 | 101 | 38 | 303 | 5 |
12/31/2024 | 406 | 86 | -9 | 281 | 4 |
3/31/2024 | 368 | 60 | -12 | 290 | N/A |
12/31/2023 | 369 | 81 | -56 | 303 | N/A |
9/30/2023 | 379 | 120 | -37 | 308 | N/A |
6/30/2023 | 407 | 182 | 24 | 365 | N/A |
3/31/2023 | 468 | 267 | 53 | 372 | N/A |
12/31/2022 | 471 | 262 | 112 | 346 | N/A |
9/30/2022 | 491 | 258 | 75 | 341 | N/A |
6/30/2022 | 418 | 203 | 26 | 262 | N/A |
3/31/2022 | 325 | 125 | -34 | 213 | N/A |
12/31/2021 | 273 | 108 | -38 | 181 | N/A |
12/31/2020 | 81 | -24 | -51 | 67 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRNT's forecast earnings growth (14.2% per year) is above the savings rate (2.4%).
Earnings vs Market: GRNT's earnings (14.2% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: GRNT's earnings are forecast to grow, but not significantly.
Revenue vs Market: GRNT's revenue (8.2% per year) is forecast to grow slower than the US market (8.7% per year).
High Growth Revenue: GRNT's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GRNT's Return on Equity is forecast to be high in 3 years time