Is Granite Ridge Resources Inc (GRNT) overvalued? · P/E 67, rev $380.0M
Granite Ridge Resources Inc (GRNT) is a oil & gas e&p company listed on US.
This page asks whether Granite Ridge Resources Inc (GRNT) looks expensive on cached numbers — not a short thesis.
Latest reported GRNT revenue for 2024-12-31 was $380.0M. Net income was $18.8M. Revenue was down 3.6% from 2023-12-31 to 2024-12-31. GRNT currently screens at market cap $793.2M and trailing P/E 67.2.
GRNT currently screens at market cap $793.2M and trailing P/E 67.2. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next GRNT 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the GRNT stock page for the full model, not this heading.
Not investment advice.