GXO.TO - Granite Oil Corp.

Toronto - Toronto Delayed Price. Currency in CAD
0.7600
-0.0200 (-2.56%)
At close: 3:42PM EDT
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Previous Close0.7800
Open0.8000
Bid0.7400 x 0
Ask0.7600 x 0
Day's Range0.7600 - 0.8000
52 Week Range0.4300 - 3.1700
Volume15,370
Avg. Volume53,969
Market Cap29.161M
Beta (3Y Monthly)3.29
PE Ratio (TTM)12.46
EPS (TTM)0.0610
Earnings DateMay 8, 2019 - May 13, 2019
Forward Dividend & Yield0.12 (14.63%)
Ex-Dividend Date2018-11-29
1y Target Est1.36
  • GlobeNewswire10 days ago

    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.

  • GlobeNewswire17 days ago

    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.

  • GlobeNewswire24 days ago

    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.last month

    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...

  • GlobeNewswire2 months ago

    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.

  • GlobeNewswire2 months ago

    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.

  • GlobeNewswire4 months ago

    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.

  • ACCESSWIRE5 months ago

    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 ...

  • GlobeNewswire5 months ago

    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.5 months ago

    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...

  • GlobeNewswire6 months ago

    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.

  • Baystreet6 months ago

    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 ...

  • GlobeNewswire6 months ago

    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.

  • GlobeNewswire6 months ago

    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.

  • ACCESSWIRE6 months ago

    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 ...

  • GlobeNewswire7 months ago

    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.

  • ACCESSWIRE8 months ago

    Today's Research Reports on Paramount Resources, Granite Oil, Baytex Energy and Condor Petroleum

    NEW YORK, NY / ACCESSWIRE / October 8, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • Granite Oil Corp (TSE:GXO): What Does It Mean For Your Portfolio?
    Simply Wall St.8 months ago

    Granite Oil Corp (TSE:GXO): What Does It Mean For Your Portfolio?

    If you’re interested in Granite Oil Corp (TSE:GXO), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock couldRead More...

  • ACCESSWIRE8 months ago

    Today's Research Reports on Paramount Resources, Granite Oil, Madalena Energy and Gear Energy

    NEW YORK, NY / ACCESSWIRE / September 12, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE9 months ago

    Today's Research Reports on Africa Oil, Paramount Resources, Granite Oil and Crew Energy

    NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...