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Granite Ridge Resources, Inc.NYSE:GRNT Stock Report

Market Cap US$672.0m
Share Price
US$5.12
My Fair Value
n/a
1Y-24.5%
7D-1.2%
Portfolio Value
View

Granite Ridge Resources, Inc.

NYSE:GRNT Stock Report

Market Cap: US$672.0m

GRNT Community Fair Values

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Granite Ridge Resources, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Granite Ridge Resources
Historical stock prices
Current Share PriceUS$5.12
52 Week HighUS$7.00
52 Week LowUS$4.52
Beta0.30
1 Month Change-3.03%
3 Month Change-10.33%
1 Year Change-24.48%
3 Year Change-45.88%
5 Year Change-48.28%
Change since IPO-48.44%

Recent News & Updates

Granite Ridge Resources (NYSE:GRNT) Has Announced A Dividend Of $0.11

Nov 10
Granite Ridge Resources (NYSE:GRNT) Has Announced A Dividend Of $0.11

Does Granite Ridge Resources (NYSE:GRNT) Have A Healthy Balance Sheet?

Sep 10
Does Granite Ridge Resources (NYSE:GRNT) Have A Healthy Balance Sheet?

Recent updates

Granite Ridge Resources (NYSE:GRNT) Has Announced A Dividend Of $0.11

Nov 10
Granite Ridge Resources (NYSE:GRNT) Has Announced A Dividend Of $0.11

Does Granite Ridge Resources (NYSE:GRNT) Have A Healthy Balance Sheet?

Sep 10
Does Granite Ridge Resources (NYSE:GRNT) Have A Healthy Balance Sheet?

Granite Ridge Resources: Aggressively Growing Production And Inventory

Aug 23

Granite Ridge Resources' (NYSE:GRNT) Soft Earnings Don't Show The Whole Picture

Aug 15
Granite Ridge Resources' (NYSE:GRNT) Soft Earnings Don't Show The Whole Picture

Granite Ridge Resources (NYSE:GRNT) Is Due To Pay A Dividend Of $0.11

Aug 11
Granite Ridge Resources (NYSE:GRNT) Is Due To Pay A Dividend Of $0.11

Market Still Lacking Some Conviction On Granite Ridge Resources, Inc. (NYSE:GRNT)

Aug 02
Market Still Lacking Some Conviction On Granite Ridge Resources, Inc. (NYSE:GRNT)

Granite Ridge Resources, Inc.'s (NYSE:GRNT) CEO Will Probably Struggle To See A Pay Rise This Year

May 16
Granite Ridge Resources, Inc.'s (NYSE:GRNT) CEO Will Probably Struggle To See A Pay Rise This Year

Granite Ridge Resources (NYSE:GRNT) Is Looking To Continue Growing Its Returns On Capital

May 13
Granite Ridge Resources (NYSE:GRNT) Is Looking To Continue Growing Its Returns On Capital

Granite Ridge Resources: A Look At Its Guidance For 2025

Apr 17

We Think Granite Ridge Resources (NYSE:GRNT) Is Taking Some Risk With Its Debt

Apr 04
We Think Granite Ridge Resources (NYSE:GRNT) Is Taking Some Risk With Its Debt

Granite Ridge Resources' (NYSE:GRNT) Dividend Will Be $0.11

Feb 20
Granite Ridge Resources' (NYSE:GRNT) Dividend Will Be $0.11

Granite Ridge Resources: Potential Value Underscored By Significant Insider Purchases

Feb 13

Not Many Are Piling Into Granite Ridge Resources, Inc. (NYSE:GRNT) Just Yet

Jan 25
Not Many Are Piling Into Granite Ridge Resources, Inc. (NYSE:GRNT) Just Yet

Granite Ridge Resources, Inc. (NYSE:GRNT) Shares Could Be 33% Below Their Intrinsic Value Estimate

Dec 20
Granite Ridge Resources, Inc. (NYSE:GRNT) Shares Could Be 33% Below Their Intrinsic Value Estimate

Granite Ridge Resources: 2025 Oil Production May Increase By Over 20%

Nov 16

Some May Be Optimistic About Granite Ridge Resources' (NYSE:GRNT) Earnings

Nov 15
Some May Be Optimistic About Granite Ridge Resources' (NYSE:GRNT) Earnings

Granite Ridge Resources (NYSE:GRNT) Has Affirmed Its Dividend Of $0.11

Nov 12
Granite Ridge Resources (NYSE:GRNT) Has Affirmed Its Dividend Of $0.11

Granite Ridge Resources: Increased Spending Expected To Boost Early 2025 Production

Sep 18

Is Granite Ridge Resources, Inc. (NYSE:GRNT) Trading At A 24% Discount?

Sep 18
Is Granite Ridge Resources, Inc. (NYSE:GRNT) Trading At A 24% Discount?
User avatar

Ridge's Calculated Investments And Prudent Capital Allocation Poised To Revolutionize Its Revenue And Margins

Strategic shift towards high conviction projects and oil-weighted ventures aims to enhance earnings, revenue, and margins by focusing on compelling returns.

Granite Ridge Resources' (NYSE:GRNT) Dividend Will Be $0.11

Aug 26
Granite Ridge Resources' (NYSE:GRNT) Dividend Will Be $0.11

Granite Ridge Resources (NYSE:GRNT) Is Paying Out A Dividend Of $0.11

Aug 12
Granite Ridge Resources (NYSE:GRNT) Is Paying Out A Dividend Of $0.11

Is Granite Ridge Resources (NYSE:GRNT) A Risky Investment?

Aug 03
Is Granite Ridge Resources (NYSE:GRNT) A Risky Investment?

Granite Ridge Resources: Free Cash Flow May Be Close To Zero In 2024

Jun 18

Investors Will Want Granite Ridge Resources' (NYSE:GRNT) Growth In ROCE To Persist

Jun 10
Investors Will Want Granite Ridge Resources' (NYSE:GRNT) Growth In ROCE To Persist

Granite Ridge Resources (NYSE:GRNT) Is Due To Pay A Dividend Of $0.11

May 21
Granite Ridge Resources (NYSE:GRNT) Is Due To Pay A Dividend Of $0.11

Estimating The Fair Value Of Granite Ridge Resources, Inc. (NYSE:GRNT)

May 14
Estimating The Fair Value Of Granite Ridge Resources, Inc. (NYSE:GRNT)

Granite Ridge Resources: Balancing Production Growth With Increasing Debt

Apr 05

Granite Ridge Resources' (NYSE:GRNT) Soft Earnings Are Actually Better Than They Appear

Mar 15
Granite Ridge Resources' (NYSE:GRNT) Soft Earnings Are Actually Better Than They Appear

There Is A Reason Granite Ridge Resources, Inc.'s (NYSE:GRNT) Price Is Undemanding

Mar 10
There Is A Reason Granite Ridge Resources, Inc.'s (NYSE:GRNT) Price Is Undemanding

Shareholder Returns

GRNTUS Oil and GasUS Market
7D-1.2%-2.9%-2.0%
1Y-24.5%-7.9%9.4%

Return vs Industry: GRNT underperformed the US Oil and Gas industry which returned -8.2% over the past year.

Return vs Market: GRNT underperformed the US Market which returned 9.4% over the past year.

Price Volatility

Is GRNT's price volatile compared to industry and market?
GRNT volatility
GRNT Average Weekly Movement5.2%
Oil and Gas Industry Average Movement5.6%
Market Average Movement6.5%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market2.9%

Stable Share Price: GRNT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GRNT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a3Tyler Farquharsonwww.graniteridge.com

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, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.

Granite Ridge Resources, Inc. Fundamentals Summary

How do Granite Ridge Resources's earnings and revenue compare to its market cap?
GRNT fundamental statistics
Market capUS$672.01m
Earnings (TTM)US$37.49m
Revenue (TTM)US$427.83m
17.9x
P/E Ratio
1.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRNT income statement (TTM)
RevenueUS$427.83m
Cost of RevenueUS$80.33m
Gross ProfitUS$347.50m
Other ExpensesUS$310.01m
EarningsUS$37.49m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin81.22%
Net Profit Margin8.76%
Debt/Equity Ratio46.6%

How did GRNT perform over the long term?

See historical performance and comparison

Dividends

8.6%
Current Dividend Yield
153%
Payout Ratio

Does GRNT pay a reliable dividends?

See GRNT dividend history and benchmarks
When do you need to buy GRNT by to receive an upcoming dividend?
Granite Ridge Resources dividend dates
Ex Dividend DateNov 28 2025
Dividend Pay DateDec 15 2025
Days until Ex dividend5 days
Days until Dividend pay date22 days

Does GRNT pay a reliable dividends?

See GRNT dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/23 03:22
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Granite Ridge Resources, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Noah HungnessBofA Global Research
Brian VelieCapital One Securities, Inc.
John Phillips JohnstonCapital One Securities, Inc.