Granite Oil Corp. engages in the exploration for, exploitation, development, and production of oil and natural gas in Canada. The company holds 100% working interest in the Alberta Bakken properties covering 103,487 undeveloped acres and 72,734 net developed acres with 65.0 net oil wells and 89.0 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.
Industry, Sector and Symbol
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
Phone+1-587-3499122
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$36.92 million
Profitability
Miscellaneous
Employees9
OptionableNot Optionable
Granite Oil (TSE:GXO) Frequently Asked Questions
What is Granite Oil's stock symbol?
Granite Oil trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GXO."
How often does Granite Oil pay dividends? What is the dividend yield for Granite Oil?
Granite Oil announced a monthly dividend on Thursday, November 29th. Shareholders of record on Friday, December 14th will be given a dividend of 0.01 per share on Friday, December 14th. This represents a $0.12 dividend on an annualized basis and a yield of 15.38%. The ex-dividend date of this dividend is Thursday, November 29th. View Granite Oil's Dividend History.
How were Granite Oil's earnings last quarter?
Granite Oil Corp (TSE:GXO) released its earnings results on Monday, November, 12th. The company reported $0.02 EPS for the quarter. The business had revenue of $12.72 million for the quarter. View Granite Oil's Earnings History.
When is Granite Oil's next earnings date?
What price target have analysts set for GXO?
4 brokerages have issued twelve-month price targets for Granite Oil's stock. Their predictions range from C$1.00 to C$3.00. On average, they anticipate Granite Oil's share price to reach C$1.82 in the next year. This suggests a possible upside of 133.3% from the stock's current price. View Analyst Price Targets for Granite Oil.
What is the consensus analysts' recommendation for Granite Oil?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Oil in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Granite Oil.
Has Granite Oil been receiving favorable news coverage?
News coverage about GXO stock has trended very positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Granite Oil earned a news impact score of 3.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Granite Oil's key competitors?
Some companies that are related to Granite Oil include 88 Energy (88E), 88 Energy (88E), Advantage Oil & Gas (AAV), Africa Energy (AFE), Aker BP ASA (DETNF), Altura Energy (ATU), Alvopetro Energy (ALV), Amerisur Resources (AMER), Aminex (AEX), Angus Energy (ANGS), Arctic Hunter Energy (AHU), Athabasca Oil (ATHOF), Australian Worldwide Exploration (AWE), Australis Oil & Gas (ATS) and Avanti Energy (AVN).
Who are Granite Oil's key executives?
Granite Oil's management team includes the folowing people:
- Mr. Michael Lyle Kabanuk, Pres, CEO & Director (Age 47)
- Mr. Martin James Cheyne, Founder & Director (Age 57)
- Ms. Gail Hannon, Chief Financial Officer
- Mr. Tyler Klatt, VP of Exploration
- Mr. Devon Griffiths, Chief Operating Officer
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$0.78.
What is Granite Oil's official website?
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.
MarketBeat Community Rating for Granite Oil (TSE GXO)
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.
