Granite Ridge Resources, Inc. GRNT
4.67 USD +0.04 (+0.86%)
At closeNov 5, 2026, 4:00 PM EST
4.67 0.00 0.00%
After hours · Nov 5, 4:00 PM ET
4.61 Day range 4.94
4.18 52-week range 6.15
- YTD
- -0.64%
- 1 year
- -11.55%
- Market cap
- 615.97M
- Revenue (ttm)
- 358.52M
- Profit margin
- 13.37%
- EPS (ttm)
- -0.22
- Shares out
- 130.74M
- Forward P/E
- 10.00
- Dividend
- 0.44 (8.61%)
- Ex-dividend date
- Nov 28, 2024
- YTD return
- -0.64%
- 1-year return
- -11.55%
- Volume
- 1.49M
- Avg volume
- 1.34M
- Open
- 4.80
- Previous close
- 4.63
- Day's range
- 4.61 – 4.94
- 52-week range
- 4.18 – 6.15
- Beta
- 0.17
- Analysts
- Buy
- Price target
- 7.56 (+61.9%)
- Earnings date
- Aug 8, 2024
2Y -1.67 (-26.30%)
Key statistics
- Enterprise value
- 953.55M
- PEG ratio
- 0.00
- Price / sales
- 2.15
- Price / book
- 1.17
- Dividend yield
- 7.11%
- Payout ratio
- 122.22%
- Revenue growth
- -12.40%
- Free cash flow
- -40.06M
- Total cash
- 50.75M
- Total debt
- 195.00M
- Return on equity
- 7.31%
- Short % of float
- 5.65%
- 50-day average
- 6.21
- 200-day average
- 6.35
Analyst view
Consensus: buy
Buy
Price target (mean) 7.56 +61.9% upside
Now 4.67
- Target (low)
- 7.00
- Target (mean)
- 7.56
- Target (high)
- 8.80
Ratings (0m) 5 3 buy · 2 hold · 0 sell
- Strong buy1
- Buy2
- Hold2
- Sell0
- Strong sell0
Next earnings
Aug 8, 2024
Expected Aug 8, 2024. Consensus EPS estimate 0.13.
Financials — quick view
GRNT Revenue — quarterly 149.27M
GRNT Net income — quarterly 30.00M
GRNT EPS — quarterly 0.23
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 7, 2024 | Sep 1, 2024 | 0.13 | 0.14 | +0.01 | +7.69% |
| Aug 8, 2024 | Jun 1, 2024 | 0.14 | 0.13 | -0.01 | -7.14% |
| Aug 8, 2024 | Jun 1, 2024 | 0.14 | — | — | — |
| May 9, 2024 | Mar 1, 2024 | 0.13 | 0.12 | -0.01 | -7.69% |
| May 9, 2024 | Mar 1, 2024 | 0.13 | — | — | — |
| Mar 7, 2024 | Dec 1, 2023 | 0.19 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 30, 2024 | Evercore ISI Group | main | In-Line | In-Line |
| Jun 14, 2024 | B of A Securities | reit | — | Neutral |
| May 15, 2024 | Roth MKM | init | — | Buy |
| Apr 29, 2024 | Evercore ISI Group | init | — | In-Line |
| Nov 7, 2023 | B of A Securities | init | — | Buy |
| Sep 27, 2023 | Stephens & Co. | init | — | Overweight |
About Granite Ridge Resources, Inc.
Granite Ridge Resources, Inc. operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc. is based in Dallas, Texas.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Country
- United States
- Website
- graniteridge.com
News
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BRANDENBERG LUKE C | Chief Executive Officer | Purchase | Dec 11, 2024 | 110,633 |
| COUSSENS AMANDA N | Director | Stock Award(Grant) | Jan 1, 2024 | 32,839 |
| DARDEN THADDEUS | Director | Purchase | Dec 5, 2024 | 268,180 |
| EVERARD MICHELE J. | Director | Purchase | Nov 17, 2024 | 36,839 |
| FARQUHARSON TYLER S | Chief Financial Officer | Purchase | Nov 12, 2024 | 86,723 |
| LAZARINE KIRK | Director | Stock Award(Grant) | Jan 1, 2024 | 563,983 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Hamilton Lane Advisors Llc | 6.11% | 7,984,149 | 47.11M | Sep 29, 2024 |
| Utah Retirement Systems | 4.01% | 5,243,683 | 30.94M | Sep 29, 2024 |
| Spider Management Company, LLC | 3.12% | 4,079,251 | 24.07M | Sep 29, 2024 |
| Vanguard Group Inc | 2.92% | 3,816,217 | 22.52M | Sep 29, 2024 |
| Blackrock Inc. | 2.89% | 3,783,575 | 22.32M | Sep 29, 2024 |
| Georgetown University | 2.01% | 2,627,647 | 15.50M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1.64% | 2,147,631 | 12.67M | Sep 29, 2024 |
| Avantis U.S. Small Cap Value ETF | 1.14% | 1,491,457 | 8.80M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 1.00% | 1,306,423 | 7.71M | Oct 30, 2024 |
| College Retirement Equities Fund-Stock Account | 0.60% | 783,070 | 4.62M | Sep 29, 2024 |
| WisdomTree Tr-WisdomTree Small Cap Dividend Fd | 0.59% | 776,731 | 4.58M | Sep 29, 2024 |
| Vanguard Energy Index Fund | 0.50% | 659,990 | 3.89M | Aug 30, 2024 |