Granite Oil Corp. engages in the exploration, development, production, and exploitation of oil and natural gas in the Western Canada Sedimentary Basin in Canada. It owns and operates the Alberta Bakken oil pool 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. is headquartered in Calgary, Canada.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:GXO
- CUSIP: N/A
- Web: www.graniteoil.ca/
Capitalization:- Market Cap: C$126.42 million
- Outstanding Shares: 34,168,000
Average Prices:- 50 Day Moving Avg: C$4.47
- 200 Day Moving Avg: C$5.10
- 52 Week Range: C$3.42 - C$6.90
P/E:- Trailing P/E Ratio: 52.86
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$40.15 million
- Price / Sales: 3.15
- Book Value: C$6.23 per share
- Price / Book: 0.59
Dividend:
Profitability:- EBIDTA: C$27.11 million
- Net Margins: -1.09%
- Return on Equity: -0.22%
- Return on Assets: -0.16%
Misc:- Average Volume: 58,625 shs.
- Short Ratio: 6.34
Frequently Asked Questions for Granite Oil Corp (TSE:GXO)
What is Granite Oil Corp's stock symbol?
Granite Oil Corp trades on the Tornton Stock Exchange (TSX) under the ticker symbol "GXO."
How often does Granite Oil Corp pay dividends? What is the dividend yield for Granite Oil Corp?
Granite Oil Corp declared a monthly dividend on Monday, July 17th. Stockholders of record on Monday, July 31st will be paid a dividend of 0.035 per share on Tuesday, August 15th. This represents a $0.42 annualized dividend and a dividend yield of 11.35%. The ex-dividend date of this dividend is Thursday, July 27th. View Granite Oil Corp's Dividend History.
When will Granite Oil Corp make its next earnings announcement?
Where is Granite Oil Corp's stock going? Where will Granite Oil Corp's stock price be in 2017?
4 brokerages have issued 12 month price targets for Granite Oil Corp's shares. Their predictions range from C$4.50 to C$8.50. On average, they anticipate Granite Oil Corp's share price to reach C$6.70 in the next year. View Analyst Ratings for Granite Oil Corp.
Who are some of Granite Oil Corp's key competitors?
Some companies that are related to Granite Oil Corp include TSO3 (TOS), Liquor Stores N.A. Ltd (LIQ), Asanko Gold (AKG), CRH Medical Corp (CRH), Sherritt International Corp (S), Granite Oil Corp (DTX), Rocky Mountain Dealerships (RME), Alio Gold (ALO), Pine Cliff Energy Ltd (PNE), IBI Group (IBG), Cervus Equipment Corp (CERV), goeasy Ltd (EH), Mediagrif Interactive Technologies (MDF), Delphi Energy Corp. (DEE), High Arctic Energy Services (HWO), AuRico Metals (AMI), NeuLion (NLN) and Yellow Media (Y).
Who are Granite Oil Corp's key executives?
Granite Oil Corp's management team includes the folowing people:
- Michael Kabanuk, Executive Chairman of the Board
- Martin J. Cheyne, President, Chief Executive Officer, Director
- Gail Hannon, Chief Financial Officer
- Jonathan Fleming, Executive Vice President, IR Contact Officer
- Trevor Murray, Vice President - Land
- Clayton Thatcher, Vice President - Exploration
- Daniel E. Kenney, Corporate Secretary
- Brendan Carrigy, Director
- Kathy Turgeon, Director
- Kevin D. Andrus, Independent Director
How do I buy Granite Oil Corp stock?
Shares of Granite Oil Corp 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 Corp's stock price today?
One share of Granite Oil Corp stock can currently be purchased for approximately C$3.70.
MarketBeat Community Rating for Granite Oil Corp (TSE GXO)MarketBeat's community ratings are surveys of what our community members think about Granite Oil Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Granite Oil Corp (TSE:GXO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | C$6.70 |
Analysts' Ratings History for Granite Oil Corp (TSE:GXO)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/17/2017 | Raymond James Financial, Inc. | Lower Price Target | Strong-Buy -> Outperform | C$8.75 -> C$8.50 |  |
| 8/17/2017 | National Bank Financial | Lower Price Target | Outperform -> Sector Perform | C$6.00 -> C$4.50 | |
| 7/20/2017 | Royal Bank Of Canada | Lower Price Target | | C$8.00 -> C$6.00 | |
| 2/22/2017 | TD Securities | Boost Price Target | Buy | C$7.50 -> C$8.00 | |
| 10/19/2016 | CIBC | Lower Price Target | | C$8.50 -> C$6.50 | |
| 4/4/2016 | Dundee Securities | Boost Price Target | | C$8.00 -> C$8.75 | |
(Data available from 8/20/2015 forward)
Earnings History for Granite Oil Corp (TSE:GXO)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Granite Oil Corp (TSE:GXO)2017 EPS Consensus Estimate: $0.22
2018 EPS Consensus Estimate: $0.31
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.04 | $0.04 | $0.04 |
| Q2 2017 | 1 | $0.05 | $0.05 | $0.05 |
| Q3 2017 | 1 | $0.06 | $0.06 | $0.06 |
| Q4 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q1 2018 | 1 | $0.07 | $0.07 | $0.07 |
| Q2 2018 | 1 | $0.08 | $0.08 | $0.08 |
| Q3 2018 | 1 | $0.08 | $0.08 | $0.08 |
| Q4 2018 | 1 | $0.08 | $0.08 | $0.08 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Granite Oil Corp (TSE GXO)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/17/2017 | Monthly | $0.04 | | 7/27/2017 | 7/31/2017 | 8/15/2017 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Granite Oil Corp (TSE:GXO)Insider Trades by Quarter for Granite Oil Corp (TSE:GXO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/18/2017 | Bradley Blair Porter | Director | Buy | 8,400 | C$3.69 | C$30,996.00 | |
| 8/16/2017 | Gail Hannon | Insider | Buy | 900 | C$3.68 | C$3,312.00 | |
| 8/16/2017 | Michael Lyle Kabanuk | Director | Buy | 1,000 | C$3.65 | C$3,650.00 | |
| 8/15/2017 | Gail Hannon | Insider | Buy | 300 | C$3.49 | C$1,047.00 | |
| 8/15/2017 | Kathy Turgeon | Director | Buy | 3,000 | C$3.55 | C$10,650.00 | |
| 8/14/2017 | Michael Lyle Kabanuk | Director | Buy | 2,000 | C$3.78 | C$7,560.00 | |
| 8/11/2017 | Michael Lyle Kabanuk | Director | Buy | 2,000 | C$3.90 | C$7,800.00 | |
| 8/11/2017 | Tyler Klatt | Insider | Buy | 1,000 | C$3.95 | C$3,950.00 | |
| 7/11/2017 | Henry Peter Hamm | Insider | Buy | 2,000 | C$4.45 | C$8,900.00 | |
| 7/10/2017 | Henry Peter Hamm | Insider | Buy | 100 | C$4.45 | C$445.00 | |
| 7/7/2017 | Henry Peter Hamm | Insider | Buy | 6,700 | C$4.45 | C$29,815.00 | |
| 6/28/2017 | Gmt Capital Corp | Director | Buy | 100 | C$3.39 | C$339.00 | |
| 6/27/2017 | Gmt Capital Corp | Director | Buy | 1,300 | C$3.40 | C$4,420.00 | |
| 6/26/2017 | Gmt Capital Corp | Director | Buy | 300 | C$3.35 | C$1,005.00 | |
| 6/13/2017 | Tyler Klatt | Insider | Sell | 4,000 | C$4.65 | C$18,600.00 | |
| 5/18/2017 | Tyler Klatt | Insider | Buy | 500 | C$5.04 | C$2,520.00 | |
| 3/9/2017 | Michael Lyle Kabanuk | Director | Buy | 200 | C$5.55 | C$1,110.00 | |
| 3/2/2017 | Tyler Klatt | Insider | Buy | 1,000 | C$5.74 | C$5,740.00 | |
| 2/27/2017 | Michael Lyle Kabanuk | Director | Buy | 2,000 | C$5.80 | C$11,600.00 | |
| 1/30/2017 | Bradley Blair Porter | Director | Buy | 3,200 | C$5.16 | C$16,512.00 | |
| 1/27/2017 | Bradley Blair Porter | Director | Buy | 65,000 | C$5.39 | C$350,350.00 | |
| 1/13/2017 | Gmt Capital Corp | Director | Sell | 22,500 | C$4.40 | C$99,000.00 | |
| 12/8/2016 | Michael Lyle Kabanuk | Director | Buy | 1,000 | C$5.40 | C$5,400.00 | |
| 7/6/2016 | Henry Peter Hamm | Director | Buy | 1,000 | C$7.66 | C$7,660.00 | |
| 7/5/2016 | Henry Peter Hamm | Director | Buy | 200 | C$7.97 | C$1,594.00 | |
| 7/4/2016 | Henry Peter Hamm | Director | Buy | 700 | C$8.03 | C$5,621.00 | |
| 1/21/2016 | Gmt Capital Corp | Director | Sell | 4,301 | C$4.89 | C$21,031.89 | |
| 12/23/2015 | Martin James Cheyne | Director | Sell | 55,000 | C$7.21 | C$396,550.00 | |
| 12/22/2015 | Henry Peter Hamm | Director | Buy | 55,000 | C$7.21 | C$396,550.00 | |
| 7/20/2015 | Gmt Capital Corp | Director | Buy | 5,000 | C$4.23 | C$21,150.00 | |
| 7/17/2015 | Gmt Capital Corp | Director | Buy | 2,100 | C$4.34 | C$9,114.00 | |
| 7/16/2015 | Gmt Capital Corp | Director | Buy | 1,200 | C$4.33 | C$5,196.00 | |
| 7/16/2015 | Jonathan Fleming | Insider | Buy | 4,000 | C$5.55 | C$22,210.00 | |
| 7/14/2015 | Gmt Capital Corp | Director | Buy | 1,100 | C$4.29 | C$4,719.00 | |
| 7/7/2015 | Gmt Capital Corp | Director | Buy | 1,500 | C$4.87 | C$7,305.00 | |
| 7/7/2015 | Jonathan Fleming | Insider | Buy | 2,000 | C$6.00 | C$12,000.00 | |
| 7/6/2015 | Gmt Capital Corp | Director | Buy | 5,500 | C$4.95 | C$27,225.00 | |
| 7/3/2015 | Gmt Capital Corp | Director | Buy | 2,800 | C$5.03 | C$14,084.00 | |
| 6/30/2015 | Gmt Capital Corp | Director | Buy | 6,600 | C$5.09 | C$33,594.00 | |
| 6/29/2015 | Gmt Capital Corp | Director | Buy | 1,700 | C$5.15 | C$8,755.00 | |
| 6/29/2015 | Tyler Klatt | Insider | Buy | 1,400 | C$6.41 | C$8,974.00 | |
| 6/24/2015 | Gmt Capital Corp | Director | Buy | 9,800 | C$5.35 | C$52,430.00 | |
| 6/23/2015 | Gmt Capital Corp | Director | Buy | 4,700 | C$5.36 | C$25,192.00 | |
| 6/22/2015 | Gmt Capital Corp | Director | Buy | 5,400 | C$6.82 | C$36,828.00 | |
| 6/16/2015 | Gmt Capital Corp | Director | Buy | 1,100 | C$5.44 | C$5,984.00 | |
| 6/15/2015 | Gmt Capital Corp | Director | Buy | 6,400 | C$5.50 | C$35,200.00 | |
| 6/9/2015 | Gmt Capital Corp | Director | Buy | 8,400 | C$5.69 | C$47,796.00 | |
| 6/8/2015 | Gmt Capital Corp | Director | Buy | 1,000 | C$5.69 | C$5,690.00 | |
| 6/5/2015 | Gmt Capital Corp | Director | Buy | 1,000 | C$5.64 | C$5,640.00 | |
| 6/4/2015 | Gmt Capital Corp | Director | Buy | 4,900 | C$5.44 | C$26,656.00 | |
| 6/2/2015 | Gmt Capital Corp | Director | Buy | 10,600 | C$5.60 | C$59,360.00 | |
| 5/21/2015 | Brendan Richard Carrigy | Director | Buy | 1,100 | C$6.05 | C$6,655.00 | |
| 5/21/2015 | Jonathan Fleming | Insider | Buy | 5,000 | C$6.49 | C$32,450.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Granite Oil Corp (TSE:GXO)
Latest Headlines for Granite Oil Corp (TSE:GXO)
| Source: |
|
| Date | Headline |
|---|
 | Granite Oil Corp (GXO) Director Bradley Blair Porter Acquires 8,400 Shares
www.americanbankingnews.com - August 18 at 8:50 PM |
 | Granite Oil Corp. :GXO-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 18 at 7:12 PM |
| Granite Oil Corp (GXO) Price Target Lowered to C$4.50 at National Bank Financial
www.americanbankingnews.com - August 17 at 6:22 PM |
| Raymond James Financial, Inc. Lowers Granite Oil Corp (GXO) Price Target to C$8.50
www.americanbankingnews.com - August 17 at 6:22 PM |
| Granite Oil Corp (GXO) Director Buys C$10,650.00 in Stock
www.americanbankingnews.com - August 15 at 4:58 PM |
 | Granite Oil Corp. Announces Monthly Dividend for August, 2017
feeds.benzinga.com - August 15 at 12:49 PM |
| Granite Oil Corp (GXO) to Post FY2017 Earnings of $0.20 Per Share, Cormark Forecasts
www.americanbankingnews.com - August 14 at 4:44 AM |
| Granite Oil Corp (TSE:GXO) Forecasted to Earn Q3 2017 Earnings of $0.06 Per Share
www.americanbankingnews.com - August 11 at 11:40 AM |
| Granite Oil Corp (GXO) Downgraded by National Bank Financial
www.americanbankingnews.com - August 10 at 9:34 PM |
| Granite Oil Corp (TSE:GXO) Stock Rating Lowered by Raymond James Financial, Inc.
www.americanbankingnews.com - August 10 at 9:34 PM |
 | Granite Oil Corp. Announces Second Quarter, 2017 Results and Appointment of New Director - GlobeNewswire (press release)
www.globenewswire.com - August 9 at 7:33 PM |
| Granite Oil Corp (GXO) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 5 at 9:06 AM |
| Granite Oil Corp. :GXO-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 2 at 9:47 PM |
| Granite Oil Corp. breached its 50 day moving average in a Bearish Manner : GXO-CA : July 31, 2017
finance.yahoo.com - July 31 at 6:55 PM |
| Granite Oil Corp. breached its 50 day moving average in a Bullish Manner : GXO-CA : July 20, 2017
finance.yahoo.com - July 20 at 10:23 PM |
| Royal Bank Of Canada Lowers Granite Oil Corp (TSE:GXO) Price Target to C$6.00
www.americanbankingnews.com - July 20 at 4:08 PM |
| Granite Oil Corp Declares Monthly Dividend of $0.04 (GXO)
www.americanbankingnews.com - July 18 at 1:17 PM |
| Granite Oil Corp. Announces Monthly Dividend for July, 2017 - GlobeNewswire (press release)
globenewswire.com - July 15 at 2:08 AM |
| Granite Oil Corp. Announces Monthly Dividend for July, 2017
feeds.benzinga.com - July 14 at 2:30 PM |
| Granite Oil Corp (GXO) Insider Acquires C$29,815.00 in Stock
www.americanbankingnews.com - July 12 at 5:02 PM |
| Granite Oil Corp (GXO) Insider Tyler Klatt Sells 4,000 Shares
www.americanbankingnews.com - June 14 at 11:10 PM |
| Research Reports Initiated on Energy Stocks: Granite Oil, Dundee Energy, Zargon Oil and Gas, and Delphi Energy
finance.yahoo.com - May 31 at 8:56 AM |
| Cormark Weighs in on Granite Oil Corp's Q3 2017 Earnings (GXO)
www.americanbankingnews.com - May 11 at 9:46 AM |
| Granite Oil Corp. Announces Results of Shareholder Meeting
finance.yahoo.com - May 10 at 10:48 PM |
| Granite Oil Corp. – Value Analysis (TORONTO:GXO) : April 19, 2017
finance.yahoo.com - April 19 at 5:29 PM |
| Granite Oil Corp. breached its 50 day moving average in a Bearish Manner : GXO-CA : April 18, 2017
finance.yahoo.com - April 18 at 11:19 AM |
| Granite Oil Corp (GXO) Rating Reiterated by Raymond James Financial, Inc.
www.americanbankingnews.com - March 29 at 8:38 AM |
| Granite Oil Corp (GXO) Given a C$10.50 Price Target at Raymond James Financial, Inc.
www.americanbankingnews.com - March 23 at 2:43 PM |
| Granite Oil Corp. Announces Fourth Quarter and Year End 2016 Financial Results and Operations Update
finance.yahoo.com - March 22 at 10:49 PM |
| Granite Oil Corp (GXO) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - March 17 at 9:06 PM |
| EnerCom Dallas Announces Conference Presenters and Agenda
finance.yahoo.com - February 3 at 6:04 PM |
 | Granite Wash To Rebound On Stronger Natural Gas Prices?
seekingalpha.com - December 8 at 10:55 AM |
Granite Oil Corp (GXO) Chart for Sunday, August, 20, 2017
