Acquisition by Miller Matthew Reade of 18173 shares of Granite Ridge at 6.49 subject to Rule 16b-3
| GRNT Stock | USD 6.32 0.06 0.96% |
Slightly above 51% of Granite Ridge's investor base is interested to short. The current sentiment of investing in Granite Ridge Resources suggests that many traders are impartial. Granite Ridge's investing sentiment can be driven by a variety of factors including economic data, Granite Ridge's earnings reports, geopolitical events, and overall market trends.
Granite |
Filed transaction by Granite Ridge Resources Director. Grant, award or other acquisition pursuant to Rule 16b-3
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Granite Ridge Fundamental Analysis
We analyze Granite Ridge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Ridge based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Debt
Total Debt Comparative Analysis
Granite Ridge is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Granite Ridge Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Granite Ridge stock to make a market-neutral strategy. Peer analysis of Granite Ridge could also be used in its relative valuation, which is a method of valuing Granite Ridge by comparing valuation metrics with similar companies.
Peers
Granite Ridge Related Equities
| MXC | Mexco Energy | 2.98 | ||||
| NRT | North European | 0.44 | ||||
| EPM | Evolution Petroleum | 2.21 | ||||
| EPSN | Epsilon Energy | 2.27 | ||||
| PHX | PHX Minerals | 2.51 | ||||
| CRGY | Crescent Energy | 2.52 | ||||
| GPOR | Gulfport Energy | 3.03 | ||||
| GPRK | GeoPark | 3.48 | ||||
| CRC | California Resources | 3.57 | ||||
| PNRG | PrimeEnergy | 6.28 |
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.