TSE:GXOGranite Oil Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Granite Oil Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$0.94 0.00 (0.00 %) (As of 03/9/2020) Add Compare Share Today's RangeC$0.94Now: C$0.94▼C$0.9550-Day RangeC$0.93MA: C$0.94▼C$0.9552-Week RangeC$0.40Now: C$0.94▼C$0.95Volume169,413 shsAverage Volume190,624 shsMarket CapitalizationC$36.45 millionP/E Ratio6.76Dividend Yield28.57%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Granite Oil Corp. engages in the exploration for, exploitation, development, and production of oil and natural gas in Canada. The company holds a 98% working interest in the Alberta Bakken properties covering 56,409 net undeveloped acres and 72,652 net developed acres with 68.0 net oil wells and 83.0 net gas wells located in southern Alberta. The company was formerly known as DeeThree Exploration Ltd. and changed its name to Granite Oil Corp. in May 2015. Granite Oil Corp. was founded in 2015 and is headquartered in Calgary, Canada.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingGranite Oil has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$0.78, Granite Oil has a potential downside of 17.6% from its current price of C$0.94.Amount of Analyst CoverageGranite Oil has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesGranite Oil has received 285 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGranite Oil has received 281 “underperform” votes. (Add your “underperform” vote.)Community SentimentGranite Oil has received 50.35% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Granite Oil and other stocks. Vote “Outperform” if you believe GXO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GXO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipGranite Oil is a leading dividend payer. It pays a dividend yield of 28.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGranite Oil does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Granite Oil is 23.74 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Granite Oil insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Granite Oil are expected to decrease by -100.00% in the coming year, from C$0.09 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Granite Oil is 6.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Granite Oil is 6.76, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 7.38.Price to Book Value per Share RatioGranite Oil has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.58 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:GXO Previous SymbolTSE:DTX CUSIPN/A CIKN/A Webwww.graniteoil.ca Phone+1-587-3499122Debt Debt-to-Equity Ratio21.24 Current Ratio0.12 Quick Ratio0.10Price-To-Earnings Trailing P/E Ratio6.76 Forward P/E Ratio10.44 P/E GrowthN/A Sales & Book Value Annual SalesC$28.33 million Price / Sales1.29 Cash FlowC$0.02 per share Price / Cash Flow52.22 Book ValueC$5.04 per share Price / Book0.19Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees9 Outstanding Shares38,776,000Market CapC$36.45 million Next Earnings Date8/10/2020 (Estimated) OptionableNot Optionable TSX:GXO Rates by TradingView Receive GXO News and Ratings via Email Sign-up to receive the latest news and ratings for GXO and its competitors with MarketBeat's FREE daily newsletter. Granite Oil (TSE:GXO) Frequently Asked Questions How has Granite Oil's stock been impacted by COVID-19 (Coronavirus)? Granite Oil's stock was trading at C$0.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GXO shares have increased by 0.0% and is now trading at C$0.94. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Granite Oil? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Oil in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Granite Oil. When is Granite Oil's next earnings date? Granite Oil is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Granite Oil. What price target have analysts set for GXO? 1 analysts have issued 12-month price objectives for Granite Oil's stock. Their forecasts range from C$0.60 to C$0.95. On average, they anticipate Granite Oil's share price to reach C$0.78 in the next twelve months. This suggests that the stock has a possible downside of 17.6%. View analysts' price targets for Granite Oil. Has Granite Oil been receiving favorable news coverage? News coverage about GXO stock has trended extremely negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Granite Oil earned a daily sentiment score of -4.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutGranite Oil. Who are some of Granite Oil's key competitors? Some companies that are related to Granite Oil include Orca Exploration Group (ORC.B), Touchstone Exploration (TXP), Iron Bridge Resources (IBR), Rockrose Energy (RRE), San Leon Energy (SLE), Sundance Energy Australia (SEA), Falcon Oil & Gas (FO), SKY Metals (SKY), Goodrich Petroleum (GDP), Leucrotta Exploration (LXE), Warrego Energy (WGO), Gran Tierra Energy (GTE), Challenger Exp (CEL), Surge Energy (SGY) and Gran Tierra Energy (GTE). View all competitors. What other stocks do shareholders of Granite Oil own? Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Oil investors own include Crius Energy Unt (KWH.UN), Liquor Stores N.A. (LIQ), Crescent Point Energy (CPG), B2Gold (BTO), Amarillo Gold (AGC), ITC (ITC), Lithium X Energy (LIX), Silvercorp Metals (SVM), Enerplus (ERF) and CES Energy Solutions (CEU). Who are Granite Oil's key executives? Granite Oil's management team includes the following people: Mr. Michael Lyle Kabanuk, Pres, CEO & Director (Age 48)Ms. Gail Hannon, Chief Financial OfficerMr. Tyler Klatt, VP of ExplorationMr. Devon Griffiths, Chief Operating OfficerMr. Daniel Ellis Kenney, Corp. Sec. (Age 49) What is Granite Oil's stock symbol? Granite Oil trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GXO." How do I buy shares of Granite Oil? Shares of GXO and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Granite Oil's stock price today? One share of GXO stock can currently be purchased for approximately C$0.94. How big of a company is Granite Oil? Granite Oil has a market capitalization of C$36.45 million and generates C$28.33 million in revenue each year. Granite Oil employs 9 workers across the globe. What is Granite Oil's official website? The official website for Granite Oil is www.graniteoil.ca. How can I contact Granite Oil? Granite Oil's mailing address is 432.-222 3 Ave SW, CALGARY, AB T2P 0B4, Canada. The company can be reached via phone at +1-587-3499122. This page was last updated on 6/3/2020 by MarketBeat.com Staff
