Is Granite Oil a good dividend stock?

Granite Oil (TSE:GXO) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 28.57%. GXO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.74%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for GXO .

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) .

How do I buy shares of Granite Oil?

Shares of GXO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:GXO

Granite Oil (GXO) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: C$0.94
▼
C$0.94
52-Week Range: N/A

Volume: 169,411 shs
Average Volume: 190,624 shs
Market Capitalization: C$36.45 million

P/E Ratio: 6.76
Dividend Yield: 28.57%
Price Target: N/A

Stock Analysis

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About Granite Oil Stock (TSE:GXO)

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.

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GXO Stock News Headlines

February 22, 2024 | chron.com

Granite Construction: Q4 Earnings Snapshot

February 22, 2024 | markets.businessinsider.com

Granite Construction Q4 Profit Rises, But Misses Estimates - Update

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 14, 2024 | yahoo.com

Quartz vs. Granite: Which Countertops Are More Durable?

February 12, 2024 | markets.businessinsider.com

GXO Logistics earnings: here's what to expect

January 12, 2024 | msn.com

Oil Stains On Granite Countertops Stand No Chance Against This Cleaning Staple

December 18, 2023 | msn.com

SteamWorld Build: How to Break Granite

December 6, 2023 | newsweek.com

America's Most Responsible Companies 2024

April 16, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

December 5, 2023 | markets.businessinsider.com

Granite Construction Boosts Footprint In Memphis Metropolitan Area, Raises FY24 Sales Outlook

November 30, 2023 | msn.com

U.S. Steel idles steelmaking at Granite City Works ‘indefinitely’

November 21, 2023 | msn.com

How a massive all-granite, hand-carved Hindu temple ended up on Hawaii’s lush Kauai Island

November 20, 2023 | msn.com

Granite Creek LLC reports spill near Medora

November 9, 2023 | msn.com

What Color Paint Goes with Brown Granite?

November 7, 2023 | msn.com

GXO Logistics Non-GAAP EPS of $0.69 beats by $0.03, revenue of $2.47B misses by $10M

October 31, 2023 | markets.businessinsider.com

Granite Construction Q3 Earnings Fall, Maintains FY23 Outlook

September 21, 2023 | msn.com

Granite counter slabs fall from truck on I-95, damaging road, cars, snarling traffic

September 14, 2023 | msn.com

The Best Way to Clean a Granite Countertop

September 12, 2023 | benzinga.com

Granite Ridge Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock

August 30, 2023 | seekingalpha.com

Granite Ridge Resources: Attempting To Scale Up Production

July 18, 2023 | markets.businessinsider.com

Granite Secures $23 Mln Contract From Caltrans

June 14, 2023 | msn.com

Granite Ridge Resources: Exceptional Team, Better Guidance, And Quite Cheap

May 22, 2023 | benzinga.com

Granite Ridge Resources Declares $0.11 Quarterly Cash Dividend

May 16, 2023 | markets.businessinsider.com

Granite Real Estate (GRT.UN) Received its Third Buy in a Row

May 12, 2023 | msn.com

We have a crack in our granite top that goes deep.

May 11, 2023 | businesswire.com

Granite Ridge Resources Inc. Reports First-Quarter 2023 Results and Provides Updated Outlook for 2023

May 2, 2023 | businesswire.com

Granite's Alaska Region Recognized for Safety Performance by the Alaska Safety Advisory Council

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Oils/Energy
Industry: Oil & Gas E & P
Sub-Industry: N/A
Current Symbol: TSE:GXO
Previous Symbol: TSE:DTX
CUSIP: N/A
CIK: N/A
Web: www.graniteoil.ca
Phone: +1-587-3499122
Fax: N/A
Employees: 9
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 6.76
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 21.24
Current Ratio: 0.12
Quick Ratio: 0.10

Sales & Book Value

Annual Sales: C$28.33 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 52.22
Book Value: C$5.04 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 38,776,000
Free Float: N/A
Market Cap: C$36.45 million
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Michael Lyle Kabanuk (Age 48)
Pres, CEO & Director
Ms. Gail Hannon
Chief Financial Officer
Mr. Tyler Klatt
VP of Exploration
Mr. Devon Griffiths
Chief Operating Officer
Mr. Daniel Ellis Kenney (Age 49)
Corp. Sec.

Key Competitors

View All Competitors

GXO Stock Analysis - Frequently Asked Questions

Is Granite Oil a good dividend stock?: Granite Oil (TSE:GXO) pays an annual dividend of C$0.03 per share and currently has a dividend yield of 28.57%. GXO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GXO.
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).
How do I buy shares of Granite Oil?: Shares of GXO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:GXO) was last updated on 4/16/2024 by MarketBeat.com Staff

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Granite Oil (GXO) Stock Price, News & Analysis

About Granite Oil Stock (TSE:GXO)

GXO Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

GXO Stock Analysis - Frequently Asked Questions

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