GRNT
Price:
$6.03
Market Cap:
$788.39M
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.[Read more]
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 Current Ratio is 1.56. This represents a change of -28.88% compared to the average of 2.20 of the last 4 quarters.
The mean historical Current Ratio of Granite Ridge Resources, Inc over the last ten years is 1.61. The current 1.56 Current Ratio has changed 9.63% with respect to the historical average. Over the past ten years (40 quarters), GRNT's Current Ratio was at its highest in in the September 2022 quarter at 3.89. The Current Ratio was at its lowest in in the December 2021 quarter at 0.25.
Average
1.61
Median
2.28
Minimum
0
Maximum
2.88
Discovering the peaks and valleys of Granite Ridge Resources, Inc Current 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 = Infinity%
Maximum Annual Current Ratio = 2.88
Minimum Annual Increase = -20.88%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 2.44 | 7.00% |
2022 | 2.28 | -20.88% |
2021 | 2.88 | 564.99% |
2020 | 0.43 | Infinity% |
The current Current Ratio of Granite Ridge Resources, Inc (GRNT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.54
5-year avg
1.61
10-year avg
1.61
Granite Ridge Resources, Inc’s Current Ratio is less than Epsilon Energy Ltd. (2.02), greater than SilverBow Resources, Inc. (0.63), greater than Gulfport Energy Corporation (0.68), less than North European Oil Royalty Trust (1.57), greater than Earthstone Energy, Inc. (0.47), less than PHX Minerals Inc. (3.19), greater than California Resources Corporation (0.28), less than Mexco Energy Corporation (4.32), greater than XXL Energy Corp. (0.01), greater than Coastal Caribbean Oils & Minerals, Ltd. (0.01), less than Evolution Petroleum Corporation (1.69), greater than GeoPark Limited (1.28), greater than PrimeEnergy Resources Corporation (0.54), greater than Crescent Energy Company (0.93),
Company | Current Ratio | Market cap |
---|---|---|
2.02 | $129.83M | |
0.63 | $940.37M | |
0.68 | $3.03B | |
1.57 | $36.11M | |
0.47 | $2.98B | |
3.19 | $145.61M | |
0.28 | $4.71B | |
4.32 | $22.49M | |
0.01 | $11.61K | |
0.01 | $1.05K | |
1.69 | $167.71M | |
1.28 | $458.42M | |
0.54 | $345.56M | |
0.93 | $3.51B |
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