Granite Ridge Resources, Inc. (GRNT)

Market Cap	831.26M
Revenue (ttm)	390.67M
Net Income (ttm)	12.12M
Shares Out	131.11M
EPS (ttm)	0.09
PE Ratio	70.36
Forward PE	9.50
Dividend	$0.44 (6.94%)
Ex-Dividend Date	May 30, 2025

Volume	1,131,087
Open	6.38
Previous Close	6.37
Day's Range	6.23 - 6.47
52-Week Range	4.52 - 7.10
Beta	0.28
Analysts	Buy
Price Target	7.50 (+18.3%)
Earnings Date	Aug 7, 2025

About GRNT

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 2013
• Employees: 3
• Stock Exchange: NYSE
• Ticker Symbol: GRNT
• Website: https://www.graniteridge.com

Financial Performance

In 2024, Granite Ridge Resources's revenue was $359.03 million, a decrease of -2.75% compared to the previous year's $369.17 million. Earnings were $18.55 million, a decrease of -77.09%.

Analyst Summary

According to 2 analysts, the average rating for GRNT stock is "Buy." The 12-month stock price target is $7.5, which is an increase of 18.30% from the latest price.

Price Target

$7.5

(18.30% upside)

Analyst Consensus: Buy