Granite Ridge Resources, Inc

Granite Ridge Resources, Incverified

GRNT

Price:

$6.78

Market Cap:

$886.44M

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

Shell Companies

IPO Date

2020-11-06

Stock Exchange

NYSE

Ticker

GRNT

The ROE as of November 2024 (TTM) for Granite Ridge Resources, Inc (GRNT) is 7.17%

According to Granite Ridge Resources, Inc’s latest financial reports and current stock price. The company's current ROE is 7.17%. This represents a change of 301.05% compared to the average of 1.79% of the last 4 quarters.

Granite Ridge Resources, Inc (GRNT) Historical ROE (quarterly & annually)

How has GRNT ROE performed in the past?

The mean historical ROE of Granite Ridge Resources, Inc over the last ten years is 0.35%. The current 7.17% ROE has changed 1.93% with respect to the historical average. Over the past ten years (40 quarters), GRNT's ROE was at its highest in in the September 2022 quarter at 17.72%. The ROE was at its lowest in in the March 2022 quarter at -2.74%.

Quarterly (TTM)
Annual

Average

0.35%

Median

12.07%

Minimum

-77.60%

Maximum

42.15%

Granite Ridge Resources, Inc (GRNT) ROE by Quarter and Year

Discovering the peaks and valleys of Granite Ridge Resources, Inc ROE, 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 = 67.64%

Maximum Annual ROE = 42.15%

Minimum Annual Increase = -Infinity%

Minimum Annual ROE = -77.60%

Quarterly (TTM)
Annual
YearROEChange
202312.07%-71.35%
202242.15%67.64%
202125.14%-132.40%
2020-77.60%-Infinity%

Granite Ridge Resources, Inc (GRNT) Average ROE

How has GRNT ROE performed in the past?

The current ROE 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

26.46%

5-year avg

0.35%

10-year avg

0.35%

Granite Ridge Resources, Inc (GRNT) ROE vs. Peers

How is GRNT’s ROE compared to its peers?

Granite Ridge Resources, Inc’s ROE is less than Epsilon Energy Ltd. (5.30%), less than SilverBow Resources, Inc. (17.54%), less than Gulfport Energy Corporation (11.85%), less than North European Oil Royalty Trust (560.82%), less than Earthstone Energy, Inc. (10.23%), less than PHX Minerals Inc. (3.59%), less than California Resources Corporation (21.53%), less than Mexco Energy Corporation (6.94%), less than XXL Energy Corp. (14.01%), less than Coastal Caribbean Oils & Minerals, Ltd. (3.39%), less than Evolution Petroleum Corporation (5.63%), less than GeoPark Limited (57.92%), less than PrimeEnergy Resources Corporation (32.76%), less than Crescent Energy Company (2.73%),

Build a custom stock screener for Granite Ridge Resources, Inc (GRNT) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Granite Ridge Resources, Inc using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Granite Ridge Resources, Inc (GRNT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Granite Ridge Resources, Inc or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Granite Ridge Resources, Inc's ROE?

How is the ROE calculated for Granite Ridge Resources, Inc (GRNT)?

What is the highest ROE for Granite Ridge Resources, Inc (GRNT)?

What is the 3-year average ROE for Granite Ridge Resources, Inc (GRNT)?

What is the 5-year average ROE for Granite Ridge Resources, Inc (GRNT)?

How does the current ROE for Granite Ridge Resources, Inc (GRNT) compare to its historical average?