GXO - Granite Oil Corp Stock Price, News & Analysis

C$3.03 0.03 (1.00 %)
(As of 11/23/2017 05:49 AM ET)
Previous CloseC$3.00
Today's RangeC$3.00 - C$3.10
52-Week RangeC$2.88 - C$6.28
Volume191,063 shs
Average Volume101,737 shs
Market CapitalizationC$103.60 million
P/E RatioN/A
Dividend Yield14.00%
Beta-0.86

About Granite Oil Corp (TSE:GXO)

Granite Oil Corp logoGranite 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

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:GXO
  • Previous Symbol: TSE:DTX
  • CUSIPN/A

    Debt

    Debt-to-Equity RatioN/A
    Current RatioN/A
    Quick RatioN/A

    Price-To-Earnings

    Trailing P/E RatioN/A
    Forward P/E RatioN/A
    P/E GrowthN/A

    Sales & Book Value

    Annual SalesN/A
    Price / SalesN/A
    Cash FlowN/A
    Price / CashN/A
    Book ValueN/A
    Price / BookN/A

    Dividend

    Annual DividendC$0.32
    Dividend Yield14.0%

    Profitability

    Trailing EPSC($0.05)
    Net IncomeN/A
    Net Margins-1.09%
    Return on Equity-0.22%
    Return on Assets-0.16%

    Miscellaneous

    EmployeesN/A
    Outstanding Shares34,169,000

    Frequently Asked Questions for Granite Oil Corp (TSE:GXO)

    What is Granite Oil Corp's stock symbol?

    Granite Oil Corp trades on the Toronto 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 announced a monthly dividend on Monday, July 17th. Shareholders of record on Monday, July 31st will be given a dividend of 0.035 per share on Tuesday, August 15th. This represents a $0.42 dividend on an annualized basis and a yield of 13.86%. The ex-dividend date is Thursday, July 27th. View Granite Oil Corp's Dividend History.

    When will Granite Oil Corp make its next earnings announcement?

    Granite Oil Corp is scheduled to release their next quarterly earnings announcement on Wednesday, March, 28th 2018. View Earnings Estimates for Granite Oil Corp.

    Where is Granite Oil Corp's stock going? Where will Granite Oil Corp's stock price be in 2017?

    4 analysts have issued 1-year target prices for Granite Oil Corp's stock. Their forecasts range from C$2.75 to C$8.50. On average, they expect Granite Oil Corp's share price to reach C$5.19 in the next twelve months. View Analyst Ratings for Granite Oil Corp.

    Who are some of Granite Oil Corp's key competitors?

    Who are Granite Oil Corp's key executives?

    Granite Oil Corp's management team includes the folowing people:

    • Brendan Carrigy, Chairman of the Board
    • Michael Kabanuk, 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
    • Martin J. Cheyne, 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$3.03.

    How big of a company is Granite Oil Corp?

    Granite Oil Corp has a market capitalization of C$103.60 million.

    How can I contact Granite Oil Corp?

    Granite Oil Corp'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.


    MarketBeat Community Rating for Granite Oil Corp (GXO)

    Community Ranking:  2.8 out of 5 (star star)
    Outperform Votes:  116 (Vote Outperform)
    Underperform Votes:  89 (Vote Underperform)
    Total Votes:  205
    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.

    Analyst Ratings

    Analysts' Consensus Rating for Granite Oil Corp (TSE:GXO)

      (How are Consensus Ratings Calculated?)
    Ratings Breakdown: 0 Sell Ratings, 1 Hold Rating, 3 Buy Ratings, 0 Strong Buy Ratings
    Consensus Rating:Buy (Score: 2.75)
    Consensus Price Target: C$5.19

    Consensus Price Target History for Granite Oil Corp (TSE:GXO)

    Price Target History for Granite Oil Corp (TSE:GXO)

    Analysts' Ratings History for Granite Oil Corp (TSE:GXO)

    Show:
    DateFirmActionRatingPrice TargetDetails
    11/13/2017National Bank FinancialLower Price TargetSector PerformC$3.00 -> C$2.75View Rating Details
    11/13/2017Royal Bank Of CanadaLower Price TargetOutperformC$6.00 -> C$5.00View Rating Details
    11/13/2017TD SecuritiesLower Price TargetC$5.50 -> C$4.50View Rating Details
    8/17/2017Raymond James Financial, Inc.Lower Price TargetStrong-Buy -> OutperformC$8.75 -> C$8.50View Rating Details
    10/19/2016CIBCLower Price TargetC$8.50 -> C$6.50View Rating Details
    4/4/2016Dundee SecuritiesBoost Price TargetC$8.00 -> C$8.75View Rating Details
    (Data available from 11/23/2015 forward)

    Earnings

    Earnings History and Estimates Chart for Granite Oil Corp (TSE:GXO)

    Earnings by Quarter for Granite Oil Corp (TSE:GXO)

    Earnings History by Quarter for Granite Oil Corp (TSE GXO)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    3/28/2018        
    8/14/2014C$0.16C$0.21ViewN/AView Earnings Details
    3/25/2014C$0.10C$0.04ViewN/AView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for Granite Oil Corp (TSE:GXO)
    2017 EPS Consensus Estimate: $0.09
    2018 EPS Consensus Estimate: $0.20
    QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
    Q1 20171$0.04$0.04$0.04
    Q2 20171$0.05$0.05$0.05
    Q3 20171$0.03$0.03$0.03
    Q4 20171($0.03)($0.03)($0.03)
    Q1 20181$0.07$0.07$0.07
    Q2 20181$0.00$0.00$0.00
    Q3 20181$0.06$0.06$0.06
    Q4 20181$0.07$0.07$0.07
    (Data provided by Zacks Investment Research)

    Dividends

    Current Dividend Information for Granite Oil Corp (TSE:GXO)

    Most Recent Dividend:8/15/2017
    Annual Dividend:$0.32
    Dividend Yield:10.40%
    Payout Ratio:-630.00% (Trailing 12 Months of Earnings)
    Dividend Payments by Quarter for Granite Oil Corp (TSE:GXO)

    Dividend History by Quarter for Granite Oil Corp (TSE GXO)

    AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
    7/17/2017Monthly$0.047/27/20177/31/20178/15/2017
    (Data available from 1/1/2013 forward)

    Insider Trades

    Insider Trading and Institutional Ownership History for Granite Oil Corp (TSE GXO)

    Insider Trades by Quarter for Granite Oil Corp (TSE:GXO)

    Insider Trades by Quarter for Granite Oil Corp (TSE GXO)

    Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
    9/20/2017Martin James CheyneDirectorSell4,000C$3.82C$15,280.00
    8/31/2017Michael Lyle KabanukDirectorBuy1,000C$3.64C$3,640.00
    8/31/2017Tyler KlattInsiderSell1,700C$3.70C$6,290.00
    8/30/2017Tyler KlattInsiderSell1,800C$3.65C$6,570.00
    8/18/2017Bradley Blair PorterDirectorBuy8,400C$3.69C$30,996.00
    8/16/2017Gail HannonInsiderBuy900C$3.68C$3,312.00
    8/16/2017Michael Lyle KabanukDirectorBuy1,000C$3.65C$3,650.00
    8/15/2017Gail HannonInsiderBuy300C$3.49C$1,047.00
    8/15/2017Kathy TurgeonDirectorBuy3,000C$3.55C$10,650.00
    8/14/2017Michael Lyle KabanukDirectorBuy2,000C$3.78C$7,560.00
    8/11/2017Michael Lyle KabanukDirectorBuy2,000C$3.90C$7,800.00
    8/11/2017Tyler KlattInsiderBuy1,000C$3.95C$3,950.00
    7/11/2017Henry Peter HammInsiderBuy2,000C$4.45C$8,900.00
    7/10/2017Henry Peter HammInsiderBuy100C$4.45C$445.00
    7/7/2017Henry Peter HammInsiderBuy6,700C$4.45C$29,815.00
    6/28/2017Gmt Capital CorpDirectorBuy100C$3.39C$339.00
    6/27/2017Gmt Capital CorpDirectorBuy1,300C$3.40C$4,420.00
    6/26/2017Gmt Capital CorpDirectorBuy300C$3.35C$1,005.00
    6/13/2017Tyler KlattInsiderSell4,000C$4.65C$18,600.00
    5/18/2017Tyler KlattInsiderBuy500C$5.04C$2,520.00
    3/9/2017Michael Lyle KabanukDirectorBuy200C$5.55C$1,110.00
    3/2/2017Tyler KlattInsiderBuy1,000C$5.74C$5,740.00
    2/27/2017Michael Lyle KabanukDirectorBuy2,000C$5.80C$11,600.00
    1/30/2017Bradley Blair PorterDirectorBuy3,200C$5.16C$16,512.00
    1/27/2017Bradley Blair PorterDirectorBuy65,000C$5.39C$350,350.00
    1/13/2017Gmt Capital CorpDirectorSell22,500C$4.40C$99,000.00
    12/8/2016Michael Lyle KabanukDirectorBuy1,000C$5.40C$5,400.00
    7/6/2016Henry Peter HammDirectorBuy1,000C$7.66C$7,660.00
    7/5/2016Henry Peter HammDirectorBuy200C$7.97C$1,594.00
    7/4/2016Henry Peter HammDirectorBuy700C$8.03C$5,621.00
    1/21/2016Gmt Capital CorpDirectorSell4,301C$4.89C$21,031.89
    12/23/2015Martin James CheyneDirectorSell55,000C$7.21C$396,550.00
    12/22/2015Henry Peter HammDirectorBuy55,000C$7.21C$396,550.00
    7/20/2015Gmt Capital CorpDirectorBuy5,000C$4.23C$21,150.00
    7/17/2015Gmt Capital CorpDirectorBuy2,100C$4.34C$9,114.00
    7/16/2015Gmt Capital CorpDirectorBuy1,200C$4.33C$5,196.00
    7/16/2015Jonathan FlemingInsiderBuy4,000C$5.55C$22,210.00
    7/14/2015Gmt Capital CorpDirectorBuy1,100C$4.29C$4,719.00
    7/7/2015Gmt Capital CorpDirectorBuy1,500C$4.87C$7,305.00
    7/7/2015Jonathan FlemingInsiderBuy2,000C$6.00C$12,000.00
    7/6/2015Gmt Capital CorpDirectorBuy5,500C$4.95C$27,225.00
    7/3/2015Gmt Capital CorpDirectorBuy2,800C$5.03C$14,084.00
    6/30/2015Gmt Capital CorpDirectorBuy6,600C$5.09C$33,594.00
    6/29/2015Gmt Capital CorpDirectorBuy1,700C$5.15C$8,755.00
    6/29/2015Tyler KlattInsiderBuy1,400C$6.41C$8,974.00
    6/24/2015Gmt Capital CorpDirectorBuy9,800C$5.35C$52,430.00
    6/23/2015Gmt Capital CorpDirectorBuy4,700C$5.36C$25,192.00
    6/22/2015Gmt Capital CorpDirectorBuy5,400C$6.82C$36,828.00
    6/16/2015Gmt Capital CorpDirectorBuy1,100C$5.44C$5,984.00
    6/15/2015Gmt Capital CorpDirectorBuy6,400C$5.50C$35,200.00
    6/9/2015Gmt Capital CorpDirectorBuy8,400C$5.69C$47,796.00
    6/8/2015Gmt Capital CorpDirectorBuy1,000C$5.69C$5,690.00
    6/5/2015Gmt Capital CorpDirectorBuy1,000C$5.64C$5,640.00
    6/4/2015Gmt Capital CorpDirectorBuy4,900C$5.44C$26,656.00
    6/2/2015Gmt Capital CorpDirectorBuy10,600C$5.60C$59,360.00
    5/21/2015Brendan Richard CarrigyDirectorBuy1,100C$6.05C$6,655.00
    5/21/2015Jonathan FlemingInsiderBuy5,000C$6.49C$32,450.00
    5/14/2015Gmt Capital CorpDirectorBuy4,400C$5.93C$26,092.00
    5/5/2015Gmt Capital CorpDirectorBuy1,300C$6.06C$7,878.00
    5/4/2015Gmt Capital CorpDirectorBuy3,400C$5.93C$20,162.00
    4/30/2015Kevin AndrusDirectorBuy1,000C$6.13C$6,130.00
    4/27/2015Gmt Capital CorpDirectorBuy4,700C$6.16C$28,952.00
    4/21/2015Gmt Capital CorpDirectorBuy2,500C$6.15C$15,375.00
    4/20/2015Gmt Capital CorpDirectorBuy6,600C$6.23C$41,118.00
    4/14/2015Gmt Capital CorpDirectorBuy5,800C$5.25C$30,450.00
    4/13/2015Gmt Capital CorpDirectorBuy5,100C$5.20C$26,520.00
    12/1/2014Jonathan FlemingInsiderBuy8,500C$5.20C$44,200.00
    (Data available from 1/1/2013 forward)

    Headlines

    Latest Headlines for Granite Oil Corp (TSE GXO)

    Source:
    DateHeadline
    Granite Oil Corp. Announces Monthly Dividend for November, 2017 - GlobeNewswire (press release)Granite Oil Corp. Announces Monthly Dividend for November, 2017 - GlobeNewswire (press release)
    globenewswire.com - November 16 at 3:11 PM
    Granite Oil Corp. :GXO-CA: Earnings Analysis: Q3, 2017 By the Numbers : November 14, 2017Granite Oil Corp. :GXO-CA: Earnings Analysis: Q3, 2017 By the Numbers : November 14, 2017
    finance.yahoo.com - November 14 at 7:53 PM
    Granite Oil Corp. Reports Third Quarter 2017 Results and Provides Corporate UpdateGranite Oil Corp. Reports Third Quarter 2017 Results and Provides Corporate Update
    feeds.benzinga.com - November 10 at 1:23 AM
    Cormark Comments on Granite Oil Corps FY2017 Earnings (GXO)Cormark Comments on Granite Oil Corp's FY2017 Earnings (GXO)
    www.americanbankingnews.com - October 19 at 9:34 AM
    Cormark Comments on Granite Oil Corps Q3 2017 Earnings (GXO)Cormark Comments on Granite Oil Corp's Q3 2017 Earnings (GXO)
    www.americanbankingnews.com - October 18 at 8:00 AM
    Granite Oil Corp. Announces Monthly Dividend for October, 2017 - GlobeNewswire (press release)Granite Oil Corp. Announces Monthly Dividend for October, 2017 - GlobeNewswire (press release)
    globenewswire.com - October 13 at 1:15 AM
    Martin James Cheyne Sells 4,000 Shares of Granite Oil Corp (GXO) StockMartin James Cheyne Sells 4,000 Shares of Granite Oil Corp (GXO) Stock
    www.americanbankingnews.com - September 20 at 10:22 PM
    Granite Oil Corp. Announces Director Resignation and Monthly Dividend for September, 2017Granite Oil Corp. Announces Director Resignation and Monthly Dividend for September, 2017
    www.marketwatch.com - September 12 at 8:20 PM
    Granite Oil Corp (GXO) Director Bradley Blair Porter Acquires 8,400 SharesGranite 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, 2017Granite 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 FinancialGranite 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$8.50Raymond 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 StockGranite 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, 2017Granite 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 ForecastsGranite 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 ShareGranite 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 FinancialGranite 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.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)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 TuesdayGranite 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, 2017Granite 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, 2017Granite 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, 2017Granite 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$6.00Royal 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)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)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, 2017Granite 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 StockGranite Oil Corp (GXO) Insider Acquires C$29,815.00 in Stock
    www.americanbankingnews.com - July 12 at 5:02 PM
    Granite Wash To Rebound On Stronger Natural Gas Prices?Granite Wash To Rebound On Stronger Natural Gas Prices?
    seekingalpha.com - December 8 at 10:55 AM

    Social Media

    Financials

    Financials are not available for this stock.

    Chart

    Granite Oil Corp (TSE GXO) Chart for Thursday, November, 23, 2017
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    This page was last updated on 11/23/2017 by MarketBeat.com Staff

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