Granite Ridge Resources, Inc. (GRNT)
| Market Cap | 742.63M +9.1% |
| Revenue (ttm) | 427.91M +19.2% |
| Net Income | 24.65M +29.8% |
| EPS | 0.18 +28.6% |
| Shares Out | 131.91M |
| PE Ratio | 31.28 |
| Forward PE | 8.28 |
| Dividend | $0.44 (7.82%) |
| Ex-Dividend Date | Feb 27, 2026 |
| Volume | 1,085,285 |
| Open | 5.61 |
| Previous Close | 5.63 |
| Day's Range | 5.53 - 5.68 |
| 52-Week Range | 4.18 - 6.72 |
| Beta | 0.22 |
| Analysts | Hold |
| Price Target | 6.00 (+6.57%) |
| Earnings Date | May 7, 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.
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 StatementsAnalyst Summary
According to one analyst, the rating for GRNT stock is "Hold" and the 12-month stock price target is $6.0.
News
Granite Ridge Resources Schedules First Quarter 2026 Earnings Conference Call
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it will report its financial and operating results for the first quarter of ...
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Granite Ridge Resources Earnings Call Transcript: Q4 2025
Production grew 28% year-over-year in 2025, driven by Permian Basin partnerships and disciplined capital allocation. 2026 will see moderated growth, lower capital intensity, and a path to sustainable free cash flow by 2027, with continued focus on shareholder returns.
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...
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 Earnings Call Transcript: Q3 2025
Q3 2025 saw 27% production growth and 4% higher adjusted EBITDA, with strong operator partnership performance and enhanced liquidity from a $350 million note issuance. Full-year CapEx is guided at $400–$420 million, with continued focus on disciplined growth and shareholder returns.
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 Transcript: 16th Annual Midwest Ideas Conference
The presentation outlined a disciplined, growth-focused investment platform in U.S. energy, leveraging operator partnerships and non-operated interests for diversification and capital efficiency. With strong production growth, robust returns, and a focus on the Permian Basin, the outlook for 2025 is for record deal activity and continued shareholder value.
Granite Ridge Resources Earnings Call Transcript: Q2 2025
Q2 saw 37% production growth and 20% revenue increase, driven by strong oil and gas output and strategic acquisitions. Full-year production and CapEx guidance were raised, with continued focus on inventory expansion, disciplined leverage, and robust liquidity.
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 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, 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 Transcript: Sidoti's Small-Cap Virtual Conference
A diversified U.S. gas company targets 16% production growth and a 7% dividend yield, focusing on high-return operated partnerships in the Permian. Conservative leverage, disciplined deal evaluation, and robust hedging underpin its strategy, with flexibility to adapt to market shifts.
Granite Ridge Resources Earnings Call Transcript: Q1 2025
Q1 2025 saw 23% production growth and strong financial results, with adjusted EBITDA of $91 million and a balanced oil/gas mix. Guidance for 2025 is reaffirmed, with 16% production growth targeted and a conservative leverage profile maintained.
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 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 Earnings Call Transcript: Q4 2024
Fourth quarter and full-year 2024 results exceeded expectations, with record production and strong cost improvements. The 2025 outlook targets 16% production growth, increased focus on operated partnerships, and robust shareholder returns, supported by disciplined capital allocation and a diversified asset base.
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...
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...
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 Transcript: Sidoti Small-Cap Virtual Investor Conference
A diversified oil and gas investment firm is shifting from a non-operator model to a controlled capital strategy, targeting mid-teens production growth and operator-like returns. Management highlights strong underwriting, a conservative balance sheet, and undervalued equity, with most capital next year focused on high-return, controlled projects.
Granite Ridge Resources Transcript: 2024 Southwest IDEAS Conference
A diversified oil and gas private equity firm is shifting from non-operated interests to a controlled capital strategy, aiming for higher returns and more development control. Asset growth, a strong dividend, and conservative leverage underpin optimism for significant value creation in the coming year.