Granite Ridge Resources, Inc. (GRNT)

NYSE: GRNT · Real-Time Price · USD
5.02
-0.32 (-5.99%)
At close: Mar 6, 2026, 4:00 PM EST
5.10
+0.08 (1.59%)
After-hours: Mar 6, 2026, 7:53 PM EST
Market Cap659.95M -21.3%
Revenue (ttm)427.91M +19.2%
Net Income24.65M +29.8%
EPS0.18 +28.6%
Shares Out 131.46M
PE Ratio27.89
Forward PE11.01
Dividend$0.44 (8.76%)
Ex-Dividend DateFeb 27, 2026
Volume1,292,602
Open4.70
Previous Close5.34
Day's Range4.70 - 5.26
52-Week Range4.18 - 6.72
Beta0.32
AnalystsBuy
Price Target8.00 (+59.36%)
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, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.

Sector Energy
Founded 2013
Employees 3
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 "Buy" and the 12-month stock price target is $8.0.

Price Target
$8.0
(59.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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Other symbols: DECNSPPRGOWASH
14 hours 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...

2 days ago - Seeking Alpha

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

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

2 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...

3 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...

23 days 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,...

4 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
2 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...

3 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...

4 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 ...

4 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...

5 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...

7 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...

7 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...

8 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...

9 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...

9 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 ...

10 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 ...

10 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...

11 months 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...

11 months 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