GXO.TO - Granite Oil Corp.

Toronto - Toronto Delayed Price. Currency in CAD
0.6100
0.0000 (0.00%)
At close: 3:52PM EDT
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Previous Close0.6100
Open0.6100
Bid0.6100 x 0
Ask0.6600 x 0
Day's Range0.6100 - 0.6200
52 Week Range0.4300 - 1.9000
Volume7,500
Avg. Volume24,219
Market Cap23.653M
Beta (3Y Monthly)3.44
PE Ratio (TTM)4.33
EPS (TTM)0.1410
Earnings DateNov 11, 2019 - Nov 15, 2019
Forward Dividend & Yield0.12 (19.67%)
Ex-Dividend Date2018-11-29
1y Target Est0.97
  • A Look At The Fair Value Of Granite Oil Corp. (TSE:GXO)
    Simply Wall St.

    A Look At The Fair Value Of Granite Oil Corp. (TSE:GXO)

    Does the September share price for Granite Oil Corp. (TSE:GXO) reflect what it's really worth? Today, we will estimate...

  • GlobeNewswire

    Granite Oil Corp. Reports Second Quarter 2019 Financial and Operating Results

    GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO)(GXOCF) is pleased to report its operating and unaudited financial results for the three and six months ended June 30, 2019. During the first six months of 2019, Granite has reduced its net debt by over 10%, exiting the second quarter with net debt of approximately $42.8 million, down approximately $4.9 million from year-end 2018. Granite paid down approximately $0.8 million in net debt during the second quarter while increasing production by approximately 7% as compared to the first quarter.

  • Here's Why Granite Oil (TSE:GXO) Is Weighed Down By Its Debt Load
    Simply Wall St.

    Here's Why Granite Oil (TSE:GXO) Is Weighed Down By Its Debt Load

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Simply Wall St.

    Easy Come, Easy Go: How Granite Oil (TSE:GXO) Shareholders Torched 98% Of Their Cash

    Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see...

  • Could Granite Oil Corp.'s (TSE:GXO) Investor Composition Influence The Stock Price?
    Simply Wall St.

    Could Granite Oil Corp.'s (TSE:GXO) Investor Composition Influence The Stock Price?

    Every investor in Granite Oil Corp. (TSE:GXO) should be aware of the most powerful shareholder groups. Institutions...

  • Is Granite Oil Corp.'s (TSE:GXO) CEO Overpaid Relative To Its Peers?
    Simply Wall St.

    Is Granite Oil Corp.'s (TSE:GXO) CEO Overpaid Relative To Its Peers?

    Mike Kabanuk became the CEO of Granite Oil Corp. (TSE:GXO) in 2015. This report will, first, examine the CEO...

  • GlobeNewswire

    Granite Oil Corp. Announces Results Of Shareholder Meeting

    OTCQX:GXOCF) is pleased to announce the results from its 2019 annual general and special meeting of shareholders held on May 29, 2019 in Calgary, Alberta (the “Meeting”).  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 24, 2019, a copy of which is available on the Company's SEDAR profile at www.sedar.com. The voting results for each of the matters voted on by the shareholders at the Meeting are provided below. All of the nominees named in the Company’s Management Information Circular were elected as directors of the Company.

  • GlobeNewswire

    Granite Oil Corp. Announces Credit Facility Renewal

    GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO) (GXOCF) is pleased to announce that the annual borrowing base redetermination of its credit facility has been completed. The Company has renewed the existing credit facility at the same level of $50 million, consisting of a $45 million revolving demand credit facility and a $5 million revolving demand operating facility. The Company has sufficient liquidity and financial flexibility to execute its business plan.

  • GlobeNewswire

    Granite Oil Corp. Reports First Quarter 2019 Financial and Operating Results

    CALGARY, Alberta, May 08, 2019 -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to report its operating and unaudited financial results for.

  • GlobeNewswire

    Granite Oil Corp. Provides 2019 Well Test Results, Operational and Corporate Update

    GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO)(GXOCF) is pleased to provide material test results from its well drilled and completed in the second quarter of 2019, preliminary first-quarter results including significant debt repayment, and advancements in operational and Corporate efficiencies. In April, Granite successfully drilled and completed one development well in the Western portion of its Alberta Bakken property. The Company recently completed a four-day flow test, during which the well produced a cumulative oil volume of 1,992 bbls and 1,450 mcf of reservoir gas over a 96 hour period.

  • Here’s why Granite Oil Corp.’s (TSE:GXO) Returns On Capital Matters So Much
    Simply Wall St.

    Here’s why Granite Oil Corp.’s (TSE:GXO) Returns On Capital Matters So Much

    Today we'll look at Granite Oil Corp. (TSE:GXO) and reflect on its potential as an investment. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can...

  • GlobeNewswire

    Granite Oil Corp. Reports Year End 2018 Financial Results

    GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO)(GXOCF) is pleased to release its financial results for the year ended December 31, 2018. Granite has filed its audited financial statements for the year ended December 31, 2018, and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities. Granite's annual financial materials may be viewed in their entirety on www.sedar.com and on the Company's website at www.graniteoil.ca.

  • GlobeNewswire

    Granite Oil Corp. Announces 2018 Year End Reserve Metrics and Operational Update

    GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO)(GXOCF) is pleased to present the summary results of the independent reserves report (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2018. In 2018, Granite invested approximately $10.2 million of capital expenditures (unaudited), all organically, into its 100%-owned Bakken oil property. This represents a decrease of approximately 46% in year-over-year capital spending.

  • GlobeNewswire

    Granite Oil Corp. Announces Closing of Final Tranche of Private Placement

    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Jan. 18, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO) (GXOCF) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement (“Offering”) of common shares (the “Shares”) at a price of $0.52 per Share, for aggregate gross proceeds of approximately $437,171. Together with the first tranche closing that was previously announced by the Company on December 21, 2018, the Corporation has received aggregate gross proceeds of approximately $2 million.

  • ACCESSWIRE

    Today's Research Reports on Crew Energy, Granite Oil, Eagle Energy and Gran Tierra Energy

    NEW YORK, NY / ACCESSWIRE / January 3, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • GlobeNewswire

    Granite Oil Corp. Announces Private Placement Closing

     NOT FOR DISSEMINATION IN THE UNITED STATES.  FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Dec. 21, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO) (GXOCF) announces that it has issued a 3 million common shares (the “Shares”) at a price of $0.52 per Share for aggregate gross proceeds of $1.56 million pursuant to a non-brokered private placement (the “Offering”).  An additional closing of the Offering may be completed for combined total proceeds of up to $2 million. People interested in participating in the Offering should contact the Corporation.

  • Are Insiders Buying Granite Oil Corp. (TSE:GXO) Stock?
    Simply Wall St.

    Are Insiders Buying Granite Oil Corp. (TSE:GXO) Stock?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...

  • GlobeNewswire

    Granite Oil Corp. Provides Dividend Update

    CALGARY, Alberta, Dec. 06, 2018 -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX: GXO) (OTCQX: GXOCF) provides an update to its dividend policy. From September 2018, the.

  • Baystreet

    Stocks in play: Granite Oil Corp.

    Will pay a dividend of $0.01 per common share in cash on December 14, to shareholders of record on November ...

  • GlobeNewswire

    Granite Oil Corp. Announces Monthly Dividend for November, 2018

    CALGARY, Alberta, Nov. 22, 2018 -- Granite Oil Corp. (“Granite”) (TSX:GXO; OTCQX:GXOCF) will pay a dividend of $0.01 per common share in cash on December 14, 2018, to.

  • GlobeNewswire

    Granite Oil Corp. Reports Third Quarter 2018 Financial Results

    CALGARY, Alberta, Nov. 12, 2018 -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX: GXO) (OTCQX: GXOCF) is pleased to report its operating and unaudited financial results.

  • ACCESSWIRE

    Today's Research Reports on Granite Oil, Baytex Energy, Cequence Energy and Encana

    NEW YORK, NY / ACCESSWIRE / November 9, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • GlobeNewswire

    Granite Oil Corp. Provides Operational and Dividend Update, and Exits the Previously Announced Strategic Alternatives Process

    GRANITE OIL CORP. (“Granite” or the “Company”) (GXO.TO) (GXOCF) provides an update on its dividend policy, the Strategic Alternative Review process (the “Process”) and its Credit Facility. From inception, Granite has been committed to providing long-term returns to shareholders. This has been reflected in the Company’s competitive dividend strategy, prioritization of capital efficiency and industry-leading reserve metrics.