Granite Ridge Resources, Inc. (GRNT)

NYSE: GRNT · Real-Time Price · USD
5.84
-0.06 (-1.02%)
Mar 27, 2026, 4:00 PM EDT - Market closed
Market Cap767.76M +5.9%
Revenue (ttm)427.91M +19.2%
Net Income24.65M +29.8%
EPS0.18 +28.6%
Shares Out 131.46M
PE Ratio32.44
Forward PE9.67
Dividend$0.44 (7.53%)
Ex-Dividend DateFeb 27, 2026
Volume1,451,183
Open5.95
Previous Close5.90
Day's Range5.81 - 5.95
52-Week Range4.18 - 6.72
Beta0.32
AnalystsHold
Price Target6.00 (+2.74%)
Earnings DateMar 5, 2026

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, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas.

Sector Energy
Founded 2013
Employees 6
Stock Exchange NYSE
Ticker Symbol GRNT
Full Company Profile

Financial Performance

In 2025, Granite Ridge Resources's revenue was $427.91 million, an increase of 19.18% compared to the previous year's $359.03 million. Earnings were $24.65 million, an increase of 29.94%.

Financial Statements

Analyst Summary

According to one analyst, the rating for GRNT stock is "Hold" and the 12-month stock price target is $6.0.

Price Target
$6.0
(2.74% upside)
Analyst Consensus: Hold
Stock Forecasts

News

5 Small Caps With Yields Up To 11% That Punch Like Heavyweights

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Other symbols: DECNSPPRGOWASH
20 days ago - Forbes

Granite Ridge Resources: Aiming To Transition To Free Cash Flow Generation In 2027

Granite Ridge Resources, Inc. is projected to burn $71 million in cash in 2026 after dividends, despite strong near-term oil prices. GRNT is around 60% hedged on oil in 2026 but around 75% to 80% hedg...

22 days ago - Seeking Alpha

Granite Ridge Resources, Inc. (GRNT) Q4 2025 Earnings Call Transcript

Granite Ridge Resources, Inc. (GRNT) Q4 2025 Earnings Call Transcript

22 days ago - Seeking Alpha

Granite Ridge Resources, Inc. Reports Fourth Quarter and Full-Year 2025 Results and Provides Outlook for 2026

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2025 and prov...

23 days ago - Business Wire

Granite Ridge Resources Declares Quarterly Cash Dividend and Schedules Fourth Quarter 2025 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that its Board of Directors declared a regular quarterly dividend of $0.11 per sh...

6 weeks ago - Business Wire

Granite Ridge Resources, Inc. Appoints Kyle Kettler as Chief Financial Officer

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced the appointment of Kyle Kettler as Chief Financial Officer, effective February 9,...

7 weeks ago - Business Wire

Conduit Power to Develop 200 MW of Distributed Generation in ERCOT; Secures Diamondback Energy and Granite Ridge Resources as Financial Partners

HOUSTON--(BUSINESS WIRE)--Conduit Power, LLC ("Conduit") has entered into financial agreements with Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback") and Granite Ridge Resources (NYSE: GRNT) (“G...

Other symbols: FANG
3 months ago - Business Wire

Granite Ridge Resources: Boosts Liquidity With New 8.875% Unsecured Notes Due 2029

Granite Ridge issued $350 million in 8.875% unsecured notes due November 2029 at 96% of par. It also extended its credit facility maturity by a bit over 2 years. Granite Ridge's liquidity has been muc...

4 months ago - Seeking Alpha

Granite Ridge Resources, Inc. (GRNT) Q3 2025 Earnings Call Transcript

Granite Ridge Resources, Inc. ( GRNT) Q3 2025 Earnings Call November 7, 2025 11:00 AM EST Company Participants James Masters - Vice President of Investor Relations Tyler Farquharson - CEO & President...

5 months ago - Seeking Alpha

Granite Ridge Resources, Inc. Reports Third Quarter 2025 Results and Declares Quarterly Cash Dividend

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the third quarter of 2025. Third Quarter 2025 ...

5 months ago - Business Wire

Granite Ridge Resources Schedules Third Quarter 2025 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge”) (NYSE: GRNT) today announced that it will report financial and operating results for the third quarter of 2025 on Thursday, Nov...

6 months ago - Business Wire

Granite Ridge Resources: Aggressively Growing Production And Inventory

Granite Ridge increased its production by 8% quarter-over-quarter in Q2 2025. GRNT expects further production growth in 2H 2025 and 2026 while also adding to its inventory. This has involved heavy spe...

7 months ago - Seeking Alpha

Granite Ridge Resources, Inc. (GRNT) Q2 2025 Earnings Call Transcript

Granite Ridge Resources, Inc. (NYSE:GRNT) Q2 2025 Earnings Conference Call August 8, 2025 11:00 AM ET Company Participants James Masters - Corporate Participant Kimberly A. Weimer - Interim CFO & Chi...

8 months ago - Seeking Alpha

Granite Ridge Resources, Inc. Reports Second Quarter 2025 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2025

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the second quarter of 2025. Second Quarter 202...

8 months ago - Business Wire

Granite Ridge Resources: A New Dividend Play For My Portfolio

Granite Ridge Resources offers a 8.2% yield, low overhead, and a strong hedging program, making it attractive for income-focused investors despite recent volatility. The company's diversified, data-dr...

8 months ago - Seeking Alpha

Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge”) (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, Au...

9 months ago - Business Wire

Granite Ridge Resources: Strong Natural Gas Performance To Start 2025

Granite Ridge's Q1 2025 production increased by 5% quarter-over-quarter. This was driven by natural gas outperformance, with oil production in-line with expectations. Granite Ridge's lease operating e...

10 months ago - Seeking Alpha

Granite Ridge Resources, Inc. Announces CEO Transition

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that Luke Brandenberg has stepped down from his role as President and Chief Execu...

10 months ago - Business Wire

Granite Ridge Resources, Inc. (GRNT) Q1 2025 Earnings Call Transcript

Granite Ridge Resources, Inc. (NYSE:GRNT) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants James Masters - Investor Relations Representative Luke Brandenberg - President ...

11 months ago - Seeking Alpha

Granite Ridge Resources, Inc. Reports First Quarter 2025 Results and Declares Quarterly Cash Dividend

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the first quarter of 2025. First Quarter 2025 ...

11 months ago - Business Wire

Granite Ridge Resources: A Look At Its Guidance For 2025

Granite Ridge Resources, Inc. expects to average 29,000 BOEPD (52% oil) in 2025 production. This is low-to-mid single-digits growth compared to its Q4 2024 production, which had increased by 10% compa...

1 year ago - Seeking Alpha

Granite Ridge Resources Schedules First Quarter 2025 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge”) (NYSE: GRNT) today announced that it will report financial and operating results for the first quarter of 2025 on Thursday, May...

1 year ago - Business Wire

Granite Ridge Resources, Inc. (GRNT) Q4 2024 Earnings Call Transcript

Granite Ridge Resources, Inc. (NYSE:GRNT) Q4 2024 Earnings Conference Call March 7, 2025 11:00 AM ET Company Participants James Masters - IR Representative Luke Brandenberg - President and CEO Tyler ...

1 year ago - Seeking Alpha

Granite Ridge Resources, Inc. Reports Fourth Quarter and Full-Year 2024 Results and Provides Outlook for 2025

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2024 and prov...

1 year ago - Business Wire

Undercovered Dozen: Celanese, NovaGold Resources, Granite Ridge, Plains GP +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and fostering discussion among investors. Standout stocks include Byrna Technologies, Granite Ridge...

Other symbols: CENGPAGP
1 year ago - Seeking Alpha