Granite Ridge Resources, Inc. (GRNT)
| Market Cap | 602.76M -27.8% |
| Revenue (ttm) | 433.74M +11.0% |
| Net Income | -32.24M |
| EPS | -0.25 |
| Shares Out | 131.90M |
| PE Ratio | n/a |
| Forward PE | 9.14 |
| Dividend | $0.44 (9.63%) |
| Ex-Dividend Date | May 29, 2026 |
| Volume | 744,321 |
| Open | 4.630 |
| Previous Close | 4.610 |
| Day's Range | 4.530 - 4.708 |
| 52-Week Range | 4.180 - 6.145 |
| Beta | 0.18 |
| Analysts | Buy |
| Price Target | 7.60 (+66.3%) |
| Earnings Date | Aug 6, 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 5 analysts, the average rating for GRNT stock is "Buy." The 12-month stock price target is $7.6, which is an increase of 66.30% from the latest price.
News
Granite Ridge Resources Schedules Second 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 second quarter of...
Granite Ridge Resources Proxy statement: Proxy filing
Granite Ridge Resources filed a proxy statement on June 25, 2026, providing details for shareholder voting and corporate governance matters.
Granite Ridge Resources Proxy statement: Proxy filing
Granite Ridge Resources filed a proxy statement on June 25, 2026, providing details for shareholder voting and corporate governance matters.
Granite Ridge Resources Transcript: Sidoti Small-Cap Virtual Investor Conference
The firm has rapidly shifted capital to operator partnerships, boosting control and deal flow, while targeting a 25% IRR and maintaining a balanced oil/gas portfolio. With improved liquidity, a declining private equity overhang, and a focus on free cash flow, management expects to close the valuation gap as new catalysts materialize.
Granite Ridge Resources Proxy statement: Proxy filing
Granite Ridge Resources filed a proxy statement on June 4, 2026, providing details for shareholder voting and corporate governance matters.
Granite Ridge Resources Earnings Call Transcript: Q1 2026
Q1 2026 saw 18% production growth and $71M adjusted EBITDA, with oil revenues up and gas revenues down due to weak Waha pricing. LOE rose sharply but is expected to moderate, and capital guidance was raised for acquisitions. Free cash flow and dividend sustainability are targeted for 2027.
Granite Ridge Resources Earnings release: Q1 2026
Granite Ridge Resources released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.
Granite Ridge Resources Quarterly report: Q1 2026
Granite Ridge Resources has published its Q1 2026 quarterly earnings report on May 8, 2026.
Granite Ridge Resources Slides: Q1 2026
Granite Ridge Resources has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.
Granite Ridge Resources, Inc. Reports First Quarter 2026 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 2026. First Quarter 2026 ...
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 ...
Granite Ridge Resources Proxy statement: Proxy filing
Granite Ridge Resources filed a proxy statement on April 8, 2026, providing details for shareholder voting and corporate governance matters.
Granite Ridge Resources Proxy statement: Proxy filing
Granite Ridge Resources filed a proxy statement on April 8, 2026, providing details for shareholder voting and corporate governance matters.
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 free cash flow by 2027, with continued focus on shareholder returns and operational flexibility.
Granite Ridge Resources Annual report: Q4 2025
Granite Ridge Resources has published its Q4 2025 annual report on March 6, 2026.
Granite Ridge Resources Earnings release: Q4 2025
Granite Ridge Resources released its Q4 2025 earnings on March 6, 2026, summarizing the period's financial results.
Granite Ridge Resources Slides: Q4 2025
Granite Ridge Resources has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 6, 2026.
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 Quarterly report: Q3 2025
Granite Ridge Resources has published its Q3 2025 quarterly earnings report on November 7, 2025.
Granite Ridge Resources Earnings release: Q3 2025
Granite Ridge Resources released its Q3 2025 earnings on November 7, 2025, summarizing the period's financial results.