Added to YB: 2024-10-03
Pitch date: 2024-09-30
GRNT [bullish]
Granite Ridge Resources, Inc.
-13.83%
current return
Author Info
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Company Info
Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company.
Market Cap
$583.0M
Pitch Price
$5.13
Price Target
N/A
Dividend
9.95%
EV/EBITDA
3.46
P/E
-17.66
EV/Sales
2.22
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Show full summary:
Who has $197 million of revenue per employee? Granite Ridge Resources $GRNT
GRNT: Non-op O&G co w/ $197M rev/employee. 14% FCF yield, 7% div, 23% prod growth. Conservative leverage, strong insider buying. Potential multiple rerating (2.8x to 3.6-4.1x EV/EBITDA). Upside from oil/gas price recovery. Diversified acreage, 51% Permian production. Management focused on earnings growth.
Read full article (5 min)