Granite Oil Corp is a Canada-based junior oil producer that owns and operates Alberta Bakken oil pool in southern Alberta discovered by Granite. The Companyâ€™s Alberta Bakken oil pool stretches over a 30-mile fairway, and produces medium-gravity (30-32Â° API), crude oil. It has produced over 6.0 million barrels of crude oil, and has achieved production rates in excess of 4,000 barrels of oil per day.

Employees

Sector

Oil & Gas Exploration and Production

More about the company

Delayed Toronto S.E. 15:21:05 2020-03-09 EDT			5-day change	1st Jan Change
0.9400 ^CAD	-.--%		+1.08%	+44.62%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI

Market Cap	25.39M 22.69M 21.17M 19.22M 36.21M 2.46B 36.48M 254M 99.37M 1.25B 95.32M 93.26M 4.02B	P/E 2017	-19.2x	P/E 2018	27.5x
Enterprise Value	71.06M 63.49M 59.24M 53.81M 101M 6.87B 102M 712M 278M 3.5B 267M 261M 11.24B	EV / Sales 2017	3.63x	EV / Sales 2018	2.04x
Free-Float	90.41%	Yield 2017	13.1%	Yield 2018	43.6%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI
19-12-02	Granite Oil Corp. Announces Fall Borrowing Base Redetermination	CI
19-11-05	Granite Oil Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019	CI
19-11-05	Granite Oil Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	CI
19-08-12	Granite Oil Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	CI
19-05-15	Granite Oil Corp. Announces Credit Facility Renewal	CI
19-05-08	Granite Oil Corp. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2019	CI
19-05-01	Granite Oil Corp. Announces Executive Changes	CI
19-05-01	Granite Oil Corp. Provides 2019 Well Test Results	CI
19-03-21	Granite Oil Corp. Reports Audited Earnings and Operating Results for the Year Ended December 31, 2018	CI
19-01-17	Granite Oil Corp. announced that it has received CAD 1.997171 million in funding from GMT Capital Corp.	CI
18-12-20	Granite Oil Corp. announced that it expects to receive CAD 1.56 million in funding from GMT Capital Corp.	CI

20-03-09	International Petroleum : IPC Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-03-06	Granite Oil : International Petroleum Corp. Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-02-03	Granite Oil : Day Two Keynote Speaker, Charlie Riedl with CLNG, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-30	Granite Oil : Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-20	Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share	GL

Granite Oil Corp. Stock

Stocks

GXO

CA38742A1003

Oil & Gas Exploration and Production

Valuation: Granite Oil Corp.

Latest news: Granite Oil Corp.

Press Releases: Granite Oil Corp.

Managers and Directors: Granite Oil Corp.

Latest insider transactions

Oil Exploration & Production - Onshore

Financials

Company Profile

Manager	Title	Age	Since
Michael Kabanuk CEO	Chief Executive Officer	55	2015-05-14
Jack Smith DFI	Director of Finance/CFO	-	2019-04-30
Devon Griffiths COO	Chief Operating Officer	-	2018-08-08

Director	Title	Age	Since
Martin Cheyne BRD	Director/Board Member	65	2007-01-23
Michael Kabanuk BRD	Director/Board Member	55	2015-05-14
Brendan Carrigy CHM	Chairman	65	2015-05-14

Date	Insider	Type	Main position	Quantity	% Market Cap.
3/20/20	GMT Capital Corp.	Option	Company	268,753	0.6933%
3/20/20	GMT Capital Corp.	Option	Company	1,489,222	3.8417%
3/20/20	GMT Capital Corp.	Option	Company	1,462,651	3.7732%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
GRANITE OIL CORP.	-.--%	+1.08%	-	-	26.28M
CONOCOPHILLIPS	+0.38%	+3.75%	+36.34%	+12.58%	156B
CANADIAN NATURAL RESOURCES LIMITED	-0.99%	+1.30%	+48.29%	+53.15%	98.01B
EOG RESOURCES, INC.	-0.05%	+4.68%	+30.57%	+19.50%	75.64B
ADNOC GAS PLC	-1.20%	-1.80%	-8.64%	-0.91%	69.34B
OCCIDENTAL PETROLEUM CORPORATION	-0.21%	+5.22%	+28.41%	-5.20%	58.19B
CENOVUS ENERGY INC.	-1.78%	-1.29%	+79.93%	+58.22%	56.48B
DEVON ENERGY CORPORATION	-0.29%	+4.00%	+36.84%	+9.57%	55.06B
DIAMONDBACK ENERGY, INC.	-0.32%	+0.31%	+23.82%	+21.92%	51.63B
WOODSIDE ENERGY GROUP LTD	+2.57%	+1.35%	+40.42%	-8.31%	41.68B
Average	-0.19%	+1.73%	+35.11%	+17.84%	66.2B
Weighted average by Cap.	-0.25%	+2.18%	+35.08%	+19.46%

	2017	2018
Net sales	39.24M 35.06M 32.71M 29.71M 55.95M 3.8B 56.37M 393M 154M 1.93B 147M 144M 6.21B	32.46M 29M 27.06M 24.58M 46.29M 3.14B 46.63M 325M 127M 1.6B 122M 119M 5.13B
Net income	-5.51M -4.92M -4.59M -4.17M -7.85M -533M -7.91M -55.18M -21.56M -271M -20.68M -20.23M -871M	753K 673K 628K 570K 1.07M 72.84M 1.08M 7.54M 2.95M 37.05M 2.83M 2.77M 119M
Net Debt	35.68M 31.88M 29.74M 27.02M 50.88M 3.45B 51.26M 357M 140M 1.76B 134M 131M 5.64B	45.67M 40.81M 38.07M 34.58M 65.13M 4.42B 65.62M 458M 179M 2.25B 171M 168M 7.22B