Update shared on20 Aug 2025
Fair value Decreased 6.16%The lower analyst price target for Granite Ridge Resources reflects a decline in the projected future P/E ratio, signaling tempered expectations for earnings growth, with fair value revised downward from $7.06 to $6.62.
What's in the News
- Q2 2025 oil production rose 46% year-over-year to 16,009 barrels per day; natural gas production increased 28% to 93,404 Mcf per day; total daily production grew 37% to 31,576 Boe per day.
- Full-year 2025 production guidance was raised by 10% at the midpoint to 31,000–33,000 Boe per day, driven by early Permian well startups and strong Utica results, implying 28% YoY growth.
- Luke Brandenberg stepped down as CEO and was succeeded by Tyler Farquharson, a finance veteran with over 19 years of oil and gas industry experience.
- Kim Weimer was promoted to Interim CFO, bringing more than 20 years of energy accounting leadership, including previous CFO roles at Titanium Exploration Partners and Enduro Resource Partners.
Valuation Changes
Summary of Valuation Changes for Granite Ridge Resources
- The Consensus Analyst Price Target has fallen from $7.06 to $6.62.
- The Future P/E for Granite Ridge Resources has fallen from 8.79x to 8.25x.
- The Discount Rate for Granite Ridge Resources remained effectively unchanged, at 6.90%.
Disclaimer
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