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granite ridge resources inc - GRNT

GRNT

Close Chg Chg %
5.66 0.21 3.62%

Closed Market

5.87

+0.21 (3.62%)

Volume: 1.89M

Last Updated:

Oct 23, 2026, 3:59 PM EDT

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Company Overview: granite ridge resources inc - GRNT

GRNT Key Data

Open

$5.69

 Day Range

5.69 - 5.97

52 Week Range

4.18 - 6.14

 Market Cap

$747.87M

Shares Outstanding

131.90M

 Public Float

66.73M

Beta

0.20

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$0.22

Yield

778.76%

 Dividend

$0.11

EX-DIVIDEND DATE

Aug 28, 2026

 SHORT INTEREST

N/A

AVERAGE VOLUME

1.34M

  

GRNT Performance

1 Week
 
 7.52%
 
1 Month
 
 31.98%
 
3 Months
 
 20.82%
 
1 Year
 
 10.98%
 
5 Years
 
 -40.20%
 

GRNT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About granite ridge resources inc - GRNT

Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. It aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets and it has assets in six prolific unconventional basins across the United States The company was founded on May 9, 2022 and is headquartered in Dallas, TX.

GRNT At a Glance

Granite Ridge Resources, Inc.
5217 McKinney Avenue
Dallas, Texas 75205
Phone 1-214-396-2850 Revenue 450.31M
Industry Oil & Gas Production Net Income 24.06M
Sector Energy Minerals 2025 Sales Growth 18.492%
Fiscal Year-end 12 / 2026 Employees 6
View SEC Filings

GRNT Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 25.502
Price to Sales Ratio 1.362
Price to Book Ratio 1.018
Price to Cash Flow Ratio 2.07
Enterprise Value to EBITDA 3.171
Enterprise Value to Sales 2.16
Total Debt to Enterprise Value 0.396

GRNT Efficiency

Revenue/Employee 75,051,000.00
Income Per Employee 4,009,333.333
Receivables Turnover 6.072
Total Asset Turnover 0.399

GRNT Liquidity

Current Ratio 1.249
Quick Ratio 1.249
Cash Ratio 0.271

GRNT Profitability

Gross Margin 27.126
Operating Margin 20.239
Pretax Margin 7.132
Net Margin 5.342
Return on Assets 2.132
Return on Equity 3.877
Return on Total Capital 2.427
Return on Invested Capital 2.652

GRNT Capital Structure

Total Debt to Total Equity 63.611
Total Debt to Total Capital 38.88
Total Debt to Total Assets 32.303
Long-Term Debt to Equity 60.722
Long-Term Debt to Total Capital 37.114
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Granite Ridge Resources Inc - GRNT

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
497.42M 394.07M 380.03M 450.31M
Sales Growth
- -20.78% -3.56% +18.49%
Cost of Goods Sold (COGS) incl D&A
181.05M 248.89M 260.00M 328.16M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
105.75M 160.66M 176.53M 215.70M
Depreciation
105.75M 160.66M 176.53M 215.70M
Amortization of Intangibles
- - - -
-
COGS Growth
- +37.47% +4.46% +26.22%
Gross Income
316.37M 145.18M 120.03M 122.15M
Gross Income Growth
- -54.11% -17.32% +1.76%
Gross Profit Margin
+63.60% +36.84% +31.59% +27.13%
2022 2023 2024 2025 5-year trend
SG&A Expense
14.22M 27.92M 24.65M 31.01M
Research & Development
- - - -
-
Other SG&A
14.22M 27.92M 24.65M 31.01M
SGA Growth
+545.26% +96.30% -11.72% +25.80%
Other Operating Expense
- - - -
-
Unusual Expense
24.96M 6.69M 36.37M 27.31M
EBIT after Unusual Expense
277.18M 110.56M 59.02M 63.83M
Non Operating Income/Expense
- 332.00K (15.58M) (6.22M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - (15.18M)
-
Interest Expense
1.99M 5.32M 18.47M 25.50M
Interest Expense Growth
- +167.22% +247.51% +38.06%
Gross Interest Expense
1.99M 5.32M 18.47M 26.80M
Interest Capitalized
- - - 1.30M
-
Pretax Income
275.19M 105.58M 24.97M 32.11M
Pretax Income Growth
+18,591.04% -61.63% -76.35% +28.63%
Pretax Margin
+55.32% +26.79% +6.57% +7.13%
Income Tax
12.85M 24.48M 6.21M 7.76M
Income Tax - Current - Domestic
- 209.00K 249.00K 378.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
12.85M 24.27M 5.96M 7.38M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - (15.18M)
-
Other After Tax Income (Expense)
- (152.00K) (211.00K) (297.00K)
Consolidated Net Income
262.34M 80.95M 18.55M 24.06M
Minority Interest Expense
- - - -
-
Net Income
262.34M 80.95M 18.55M 24.06M
Net Income Growth
+17,718.28% -69.14% -77.09% +29.70%
Net Margin Growth
+52.74% +20.54% +4.88% +5.34%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
262.34M 80.95M 18.55M 24.06M
Preferred Dividends
- - - -
-
Net Income Available to Common
262.34M 80.95M 18.55M 24.06M
EPS (Basic)
1.9736 0.6082 0.1425 0.1844
EPS (Basic) Growth
+5,687.68% -69.18% -76.57% +29.40%
Basic Shares Outstanding
132.92M 133.09M 130.19M 130.44M
EPS (Diluted)
1.9714 0.6081 0.1424 0.1843
EPS (Diluted) Growth
+5,681.23% -69.15% -76.58% +29.42%
Diluted Shares Outstanding
133.07M 133.11M 130.23M 130.50M
EBITDA
407.90M 277.92M 271.91M 306.84M
EBITDA Growth
+17,359.64% -31.86% -2.16% +12.84%
EBITDA Margin
+82.00% +70.53% +71.55% +68.14%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 7.929
Number of Ratings 7 Current Quarters Estimate 0.247
FY Report Date 12 / 2026 Current Year's Estimate 0.49
Last Quarter’s Earnings 0.13 Median PE on CY Estimate N/A
Year Ago Earnings 0.43 Next Fiscal Year Estimate 0.858
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 5 6 6
Mean Estimate 0.25 0.22 0.49 0.86
High Estimates 0.31 0.29 0.57 1.05
Low Estimate 0.19 0.13 0.37 0.53
Coefficient of Variance 17.88 27.66 15.00 22.43

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 4
OVERWEIGHT 0 0 0
HOLD 2 2 3
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Granite Ridge Resources Inc - GRNT

Date Name Shares Transaction Value
Oct 2, 2026 Matthew Miller Director 1,978,612 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 John Hartwell Cocke Director 25,630 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Jonathan Adams Director 27,039 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 9, 2026 Ronald Kyle Kettler Chief Financial Officer 135,276 Open market or private purchase of non-derivative security Non-derivative transaction at $5.05 per share 683,143.80
Aug 18, 2026 John F. McCartney Director 149,143 Open market or private purchase of non-derivative security Non-derivative transaction at $5 per share 745,715.00
May 15, 2026 Michele J. Everard Director 72,143 Open market or private purchase of non-derivative security Non-derivative transaction at $5.28 per share 380,915.04
Mar 9, 2026 kimberly A. Weimer Chief Accounting Officer 100,556 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 9, 2026 Tyler Farquharson President and CEO 296,102 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 9, 2026 Tyler Farquharson President and CEO 322,243 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 9, 2026 Tyler Farquharson President and CEO 360,395 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 9, 2026 Ronald Kyle Kettler Chief Financial Officer 40,541 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 25, 2026 Ronald Kyle Kettler Chief Financial Officer 194,932 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 25, 2026 Ronald Kyle Kettler Chief Financial Officer 292,398 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 21, 2025 John F. McCartney Director 103,091 Open market or private purchase of non-derivative security Non-derivative transaction at $5.05 per share 520,609.55

Granite Ridge Resources Inc in the News