Granite Ridge Resources, Inc (GRNT)

NYSE: GRNT · IEX Real-Time Price · USD
5.89
+0.02 (0.34%)
Sep 22, 2023, 4:00 PM EDT - Market closed
0.34%
Market Cap 794.22M
Revenue (ttm) 503.22M
Net Income (ttm) 213.64M
Shares Out 134.84M
EPS (ttm) 1.35
PE Ratio 4.36
Forward PE 5.62
Dividend $0.44 (7.47%)
Ex-Dividend Date Aug 31, 2023
Volume 442,165
Open 5.93
Previous Close 5.87
Day's Range 5.81 - 6.10
52-Week Range 4.82 - 14.00
Beta 0.06
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2023

About GRNT

Granite Ridge Resources, Inc. is an infrastructure firm and operates as a non-operated oil and gas exploration and production company. The firm invests in a diversified portfolio of production and top-tier acreage across the Permian and four other prolific US basins in partnership with operators. Granite Ridge Resources, Inc. is headquartered in Dallas, Texas. [Read more]

Industry Shell Companies
Sector Financials
Founded 2013
Employees 2
Stock Exchange NYSE
Ticker Symbol GRNT
Full Company Profile

Financial Performance

In 2022, GRNT's revenue was $497.42 million, an increase of 71.41% compared to the previous year's $290.19 million. Earnings were $262.34 million, an increase of 141.88%.

Financial Statements

News

Top 2 Energy Stocks Which Could Rescue Your Portfolio This Quarter - Granite Ridge Resources (NYSE:GRNT), Enviva (NYSE:EVA)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: EVA
4 days ago - Benzinga

Granite Ridge Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT), a scaled, non-operated oil & gas exploration and production company, today announced the pricing...

11 days ago - Business Wire

Granite Ridge Resources, Inc. Announces Launch of Secondary Public Offering of Common Stock

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT), a scaled, non-operated oil & gas exploration and production company, today announced the launch ...

12 days ago - Business Wire

Granite Ridge Resources Declares $0.11 Quarterly Cash Dividend

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...

4 weeks ago - Business Wire

Granite Ridge Resources Inc. Reports Second-Quarter 2023 Results and Provides Updated Outlook for 2023

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the second quarter 2023 and provided an updated...

6 weeks ago - Business Wire

Energy Transition and Emerging Technology Companies are Set to Present at the 28th Annual EnerCom Denver - The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website   www.enercomdenver.com  – Presenting Companies Continue to be Added Investor One-on-One Meeting Re...

2 months ago - PRNewsWire

Granite Ridge Resources Schedules Second Quarter 2023 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 202...

2 months ago - Business Wire

Granite Ridge Resources, Inc. Announces Successful Warrant Exchange Offer

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT; GRNT.WS), a scaled, non-operated oil & gas exploration and production company, today announced th...

3 months ago - Business Wire

Granite Ridge Resources, Inc. Set to Join Russell 3000® Index

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of ...

4 months ago - Business Wire

Granite Ridge Resources, Inc. Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT; GRNT.WS), a scaled, non-operated oil & gas exploration and production company, today announced th...

4 months ago - Business Wire

Granite Ridge Resources Inc. Reports First-Quarter 2023 Results and Provides Updated Outlook for 2023

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the first quarter 2023 and provided an updated ...

4 months ago - Business Wire

Granite Ridge Resources Schedules First Quarter 2023 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it will report financial and operating results for the first quarter of 2023...

5 months ago - Business Wire

Granite Ridge Resources Inc. Reports Fourth-Quarter and Full-Year 2022 Results, Provides 2023 Outlook

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the fourth quarter and full year 2022. Fourth Q...

6 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Granite Ridge Resources, Inc. - GRNT

NEW YORK , March 22, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE: GRNT). Such investors ...

6 months ago - PRNewsWire

Top 5 Energy Stocks That Could Blast Off In March

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: EVATALOTPLUSEG
7 months ago - Benzinga

Granite Ridge Resources Declares Quarterly Dividend and Schedules Fourth Quarter and Full-Year 2022 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced a quarterly cash dividend of $0.11 per share of common stock and further announce...

7 months ago - Business Wire

Granite Ridge Resources, Inc. Announces Stock Repurchase Program and Lock-Up Waiver for Certain Previously Issued Shares

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today announced that the Board of Directors has approved a stock repurchase program authorizing...

10 months ago - Business Wire

Granite Ridge Resources Reports Third Quarter Results and Declares Initial Dividend

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE:GRNT) today announced its third quarter 2022 pro forma financial and operating results.

11 months ago - Business Wire

Granite Ridge Resources Announces Date for Third Quarter 2022 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge”) (NYSE:GRNT) today announced its third quarter 2022 earnings news release is scheduled to be issued before the open of trading o...

11 months ago - Business Wire

Paul Ryan makes a 'good bet' on US oil and gas by backing domestic producer's SPAC deal

Former Speaker of the House Paul Ryan hopes his SPAC deal with a U.S. oil producer is "great for jobs, great for foreign policy" and "great for bringing inflation down."

11 months ago - Fox Business