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Granite Ridge Resources (Granite Ridge Resources) EV-to-EBITDA : 3.35 (As of May. 10, 2024)


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What is Granite Ridge Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Granite Ridge Resources's enterprise value is $909.4 Mil. Granite Ridge Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $271.6 Mil. Therefore, Granite Ridge Resources's EV-to-EBITDA for today is 3.35.

The historical rank and industry rank for Granite Ridge Resources's EV-to-EBITDA or its related term are showing as below:

GRNT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.68   Med: 3.02   Max: 4.48
Current: 3.35

During the past 5 years, the highest EV-to-EBITDA of Granite Ridge Resources was 4.48. The lowest was 1.68. And the median was 3.02.

GRNT's EV-to-EBITDA is ranked better than
77.06% of 789 companies
in the Oil & Gas industry
Industry Median: 6.24 vs GRNT: 3.35

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-10), Granite Ridge Resources's stock price is $6.34. Granite Ridge Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.610. Therefore, Granite Ridge Resources's PE Ratio for today is 10.39.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Granite Ridge Resources EV-to-EBITDA Historical Data

The historical data trend for Granite Ridge Resources's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Granite Ridge Resources EV-to-EBITDA Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - - 3.01 3.07

Granite Ridge Resources Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.01 1.91 2.76 3.08 3.07

Competitive Comparison of Granite Ridge Resources's EV-to-EBITDA

For the Oil & Gas E&P subindustry, Granite Ridge Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite Ridge Resources's EV-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Ridge Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Granite Ridge Resources's EV-to-EBITDA falls into.



Granite Ridge Resources EV-to-EBITDA Calculation

Granite Ridge Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=909.438/271.559
=3.35

Granite Ridge Resources's current Enterprise Value is $909.4 Mil.
Granite Ridge Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $271.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Granite Ridge Resources  (NYSE:GRNT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Granite Ridge Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.34/0.610
=10.39

Granite Ridge Resources's share price for today is $6.34.
Granite Ridge Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.610.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Granite Ridge Resources EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Granite Ridge Resources's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Granite Ridge Resources (Granite Ridge Resources) Business Description

Traded in Other Exchanges
Address
5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific US basins in partnership with proven operators.
Executives
Matthew Reade Miller director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Griffin Perry director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Thaddeus Darden director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
John Mccartney director US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
Tyler Farquharson officer: Chief Financial Officer 12377 MERIT DRIVE, SUITE 1700, LB 82, DALLAS TX 75251
Kirk Lazarine director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Iii, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Luke C Brandenberg officer: President and CEO 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Michele J Everard director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Zoran Durkovic officer: Chief Accounting Officer 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Ii, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Amanda N. Coussens director C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Grey Rock Energy Fund Ii-b, Lp 10 percent owner 2911 TURTLE CREEK BLVD, SUITE 1150, DALLAS TX 75219
Grey Rock Energy Partners Gp Ii, L.p. 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Holdco Iii-b Holdings, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205