Granite Ridge Resources, Inc. (GRNT)
| Market Cap | 662.82M -19.8% |
| Revenue (ttm) | 427.83M +19.3% |
| Net Income | 37.49M -21.1% |
| EPS | 0.29 -20.2% |
| Shares Out | 131.25M |
| PE Ratio | 17.56 |
| Forward PE | 11.97 |
| Dividend | $0.44 (8.71%) |
| Ex-Dividend Date | Nov 28, 2025 |
| Volume | 570,484 |
| Open | 4.90 |
| Previous Close | 4.90 |
| Day's Range | 4.90 - 5.11 |
| 52-Week Range | 4.18 - 6.72 |
| Beta | 0.31 |
| Analysts | Buy |
| Price Target | 8.00 (+58.42%) |
| Earnings Date | Mar 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.
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%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for GRNT stock is "Buy" and the 12-month stock price target is $8.0.
News
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...
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,...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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...
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 ...
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...
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...
Granite Ridge Resources Declares Quarterly Cash Dividend and Schedules Fourth Quarter 2024 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...
Granite Ridge Resources: Potential Value Underscored By Significant Insider Purchases
Granite Ridge insiders purchased approximately 117,000 shares at an average price of $6.31 per share. There was also reported acquisition interest from Northern Oil and Gas, although Northern then ind...
Exclusive: Northern Oil and Gas in bid to acquire smaller rival Granite Ridge, sources say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources , a smaller U.S. producer with operations in basins including the Permian and Eagle Ford, according to people familiar wi...
Granite Ridge Resources: 2025 Oil Production May Increase By Over 20%
Granite Ridge expects mid-teens total production growth in 2025. This may include 20+% oil production growth. I expect Granite Ridge's 2025 capex to be lower than 2024 since much of the 2025 growth is...