Granite Market Capitalization from 2010 to 2024

GRNT Stock  USD 6.61  0.09  1.38%   
Granite Ridge Market Cap yearly trend continues to be comparatively stable with very little volatility. Market Cap is likely to outpace its year average in 2024.
Check Granite Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Ridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 98.6 M, Interest Expense of 5.6 M or Selling General Administrative of 29.3 M, as well as many indicators such as Price To Sales Ratio of 1.93, Dividend Yield of 0.0768 or PTB Ratio of 1.13. Granite financial statements analysis is a perfect complement when working with Granite Ridge Valuation or Volatility modules.
  
Check out the analysis of Granite Ridge Correlation against competitors.

Latest Granite Ridge's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Granite Ridge Resources over the last few years. It is Granite Ridge's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Ridge's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 864.22 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Granite Market Capitalization Regression Statistics

Arithmetic Mean1,143,088,069
Geometric Mean1,098,381,362
Coefficient Of Variation24.94
Mean Deviation240,707,011
Median1,323,618,327
Standard Deviation285,051,755
Sample Variance81254.5T
Range879.3M
R-Value(0.70)
Mean Square Error45098.5T
R-Squared0.48
Significance0
Slope(44,371,897)
Total Sum of Squares1137563T

Granite Market Capitalization History

2024942 M
2023921.4 M
2021801.2 M
2020444.3 M

About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Market Capitalization, to determine how well the company is positioned to perform in the future. Although Granite Ridge investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Ridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Ridge's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. Granite Ridge operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.

Thematic Opportunities

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Additional Tools for Granite Stock Analysis

When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.