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Granite Ridge Resources (Granite Ridge Resources) Price-to-Free-Cash-Flow : N/A (As of May. 23, 2024)


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What is Granite Ridge Resources Price-to-Free-Cash-Flow?

As of today (2024-05-23), Granite Ridge Resources's share price is $6.54. Granite Ridge Resources's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.09. Hence, Granite Ridge Resources's Price-to-Free-Cash-Flow Ratio for today is N/A.

The historical rank and industry rank for Granite Ridge Resources's Price-to-Free-Cash-Flow or its related term are showing as below:

During the past 5 years, Granite Ridge Resources's highest Price-to-Free-Cash-Flow Ratio was 44.50. The lowest was 6.19. And the median was 16.00.

GRNT's Price-to-Free-Cash-Flow is not ranked *
in the Oil & Gas industry.
Industry Median: 10.52
* Ranked among companies with meaningful Price-to-Free-Cash-Flow only.

Granite Ridge Resources's Free Cash Flow per Share for the three months ended in Mar. 2024 was $-0.03. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $-0.09.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Granite Ridge Resources was -121.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -3.50% per year.

During the past 5 years, Granite Ridge Resources's highest 3-Year average Free Cash Flow per Share Growth Rate was 259.90% per year. The lowest was -3.50% per year. And the median was 128.20% per year.


Granite Ridge Resources Price-to-Free-Cash-Flow Historical Data

The historical data trend for Granite Ridge Resources's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
- - - 10.76 -

Granite Ridge Resources Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.86 36.83 - - -

Competitive Comparison of Granite Ridge Resources's Price-to-Free-Cash-Flow

For the Oil & Gas E&P subindustry, Granite Ridge Resources's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Granite Ridge Resources's Price-to-Free-Cash-Flow falls into.



Granite Ridge Resources Price-to-Free-Cash-Flow Calculation

Granite Ridge Resources's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=6.54/-0.085
=N/A

Granite Ridge Resources's Share Price of today is $6.54.
Granite Ridge Resources's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Granite Ridge Resources  (NYSE:GRNT) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Granite Ridge Resources Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Granite Ridge Resources's Price-to-Free-Cash-Flow 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