GRNT Market Cap History



Below is a table of the GRNT market cap history going back to 3/22/2023:

Date GRNT Market Cap
3/22/2023671.39M
5/8/2023799.56M
8/7/2023957.38M
11/6/2023791.37M
3/5/2024790.52M

Also see: GRNT Shares Outstanding History
and GRNT YTD Return
GRNT Historical Market Cap:
+18.56% CAGR
GRNT Historical Market Cap: +18.56% CAGR

Mouse over chart for data details
3/22/20235/8/20238/7/202311/6/20233/5/2024
Granite Ridge Resources and its subsidiaries are engaged in purchasing non-operated oil and natural gas assets in basins in North America, and realizing profits through participation in oil and natural gas wells. We show 5 historical shares outstanding datapoints in our GRNT shares outstanding history coverage, used to compute GRNT market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing GRNT market cap history over the course of time is important for investors interested in comparing GRNT's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of GRNT versus a peer is one thing; comparing GRNT market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like GRNT can fluctuate over the course of history. With this page we aim to empower investors researching GRNT by allowing them to research the GRNT market cap history.
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Granite Ridge Resources (GRNT) is categorized under the Energy sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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