Granite Ridge Resources, Inc. (GRNT)
| Market Cap | 827.32M +24.1% |
| Revenue (ttm) | 534.13M +24.8% |
| Net Income | -51.95M |
| EPS | -0.41 |
| Shares Out | 131.95M |
| PE Ratio | n/a |
| Forward PE | 5.99 |
| Dividend | $0.44 (7.02%) |
| Ex-Dividend Date | Nov 27, 2026 |
| Volume | 1,716,928 |
| Open | 6.13 |
| Previous Close | 6.03 |
| Day's Range | 6.09 - 6.30 |
| 52-Week Range | 4.18 - 6.30 |
| Beta | 0.15 |
| Analysts | Buy |
| Price Target | 8.60 (+37.16%) |
| Earnings Date | Nov 5, 2026 |
About GRNT
Granite Ridge Resources, Inc. operates as an energy company. It owns assets in six prolific unconventional basins across 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 $8.6, which is an increase of 37.16% from the latest price.
News
Granite Ridge Resources price target raised to $12 from $11 at Northland
Northland raised the firm’s price target on Granite Ridge Resources (GRNT) to $12 from $11 and keeps an Outperform rating on the shares after the company reported Q3 results that…
Granite Ridge Resources Earnings Call Transcript: Q3 2026
Q3 showed the expected cash-flow inflection, with record Adjusted EBITDAX and cash flow covering development capital. Production growth, an oil-weighted mix, and recovering gas realizations support the 2027 outlook, alongside a $35 million buyback authorization.
Granite Ridge Resources Earnings release: Q3 2026
Granite Ridge Resources released its Q3 2026 earnings on November 6, 2026, summarizing the period's financial results.
Granite Ridge Resources Quarterly report: Q3 2026
Granite Ridge Resources has published its Q3 2026 quarterly earnings report on November 6, 2026.
Granite Ridge Resources Slides: Q3 2026
Granite Ridge Resources has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 6, 2026.
Granite Ridge Resources sees FY26 CapEx $345M-$385M
Sees FY26 annual production 34,000 to 35,000 Boe per day.
Granite Ridge Resources reports Q3 EPS 17c, consensus 12c
Reports Q3 revenue $177.205M vs $112.671M last year. Tyler Farquharson, President and CEO of Granite Ridge, commented, “Our reported third quarter Adjusted EBITDAX was the highest in our history as…
Granite Ridge Resources, Inc. Reports Third Quarter 2026 Results and Declares Quarterly Cash Dividend
DALLAS--(BUSINESS WIRE)---- $GRNT--Granite Ridge (NYSE: GRNT) reported Q3 2026 results, grew production 9%, added a new Permian partner and approved a $35 million buyback.
Granite Ridge Resources price target raised to $7 from $6 at Freedom Broker
Freedom Broker raised the firm’s price target on Granite Ridge Resources (GRNT) to $7 from $6 and keeps a Buy rating on the shares. The firm cites higher oil prices…
Granite Ridge Resources price target raised to $11 from $9 at Northland
Northland raised the firm’s price target on Granite Ridge Resources (GRNT) to $11 from $9 and keeps an Outperform rating on the shares. The firm is refreshing E&P estimates into…
Granite Ridge Resources Schedules Third Quarter 2026 Earnings Conference Call
DALLAS--(BUSINESS WIRE)---- $GRNT--Granite Ridge Resources (NYSE: GRNT) will report third quarter 2026 results Nov. 5 and host an earnings call and webcast Nov. 6 at 10 a.m. CT.
Granite Ridge Resources, Inc. Announces Grey Rock Distribution and Appointment of Two Independent Directors
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that affiliates of Grey Rock Investment Partners (“Grey Rock”) have distributed 1...
Granite Ridge Resources Transcript: EnerCom Denver – The Energy Investment Conference
The presentation outlined a strategy focused on high-return upstream oil and gas investments, disciplined capital allocation, and a shift toward cash flow positivity by 2027. Plans include maintaining strong growth, improving public float, and enhancing shareholder alignment.
Granite Ridge Resources upgraded to Buy from Hold at Freedom Broker
Freedom Broker upgraded Granite Ridge Resources (GRNT) to Buy from Hold with an unchanged price target of $6. The firm cites valuation for the upgrade following the significant decline in…
Granite Ridge Resources Earnings Call Transcript: Q2 2026
Q2 saw strong production and cash generation, with operated partnerships driving growth and inventory additions. LOE guidance was raised due to higher costs, but per unit costs are expected to improve as new volumes come online. The company targets a free cash flow inflection in 2027, supported by a strong balance sheet and flexible capital allocation.
Granite Ridge Resources Earnings release: Q2 2026
Granite Ridge Resources released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
Granite Ridge Resources Quarterly report: Q2 2026
Granite Ridge Resources has published its Q2 2026 quarterly earnings report on August 7, 2026.
Granite Ridge Resources Slides: Q2 2026
Granite Ridge Resources has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 7, 2026.
Granite Ridge Resources reports Q2 EPS 9c, consensus 7c
Reports Q2 revenue $149.27M, consensus $148.8M.
Granite Ridge Resources sees FY CapEx $345M-$385M
16:16 EDT Granite Ridge Resources (GRNT) sees FY CapEx $345M-$385M
Granite Ridge Resources, Inc. Reports Second 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 second quarter of 2026. Second Quarter 202...
Granite Ridge Resources initiated with an Outperform at Northland
Northland analyst Jeff Grampp initiated coverage of Granite Ridge Resources (GRNT) with an Outperform rating and $9 price target Granite is an upstream oil and gas company with non-operating assets…
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.