Granite Ridge Resources, Inc. GRNT
4.87 USD -0.24 (-4.70%)
Nov 4, 2026, 11:02 AM EST
4.82 Day range 5.06
4.18 52-week range 6.15
- YTD
- +3.62%
- 1 year
- -7.77%
- Market cap
- 639.06M
- Revenue (ttm)
- 358.52M
- Profit margin
- 13.37%
- EPS (ttm)
- -0.22
- Shares out
- 130.74M
- Forward P/E
- 10.00
- Dividend
- 0.44 (7.57%)
- Ex-dividend date
- Nov 28, 2024
- YTD return
- +3.62%
- 1-year return
- -7.77%
- Volume
- 329.60K
- Avg volume
- 1.32M
- Open
- 5.05
- Previous close
- 5.11
- Day's range
- 4.82 – 5.06
- 52-week range
- 4.18 – 6.15
- Beta
- 0.17
- Analysts
- Buy
- Price target
- 7.56 (+55.2%)
- Earnings date
- Aug 8, 2024
1M +0.38 (+8.43%)
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 +55.2% upside
Now 4.87
- 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
Granite Ridge Resources, Inc. (GRNT) Earnings Expected to Grow: Should You Buy? 
Why Granite Ridge Resources, Inc. (GRNT) Might be Well Poised for a Surge 
SummerHaven Investment Management LLC Makes New Investment in Granite Ridge Resources, Inc. $GRNT 
Wall Street Analysts Predict a 58.74% Upside in Granite Ridge Resources, Inc. (GRNT): Here's What You Should Know 
Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge 
Granite Ridge Resources Schedules Third Quarter 2026 Earnings Conference Call 
Workers at Sienna Senior Living home in Stittsville to hold info picket to shine a light on chronic understaffing issues 
Granite Ridge Resources Targets Positive Free Cash Flow by 2027 
Granite Ridge Resources Announces Grey Rock Investment Partners' Affiliates Distributed 14M Granite Common Shares To Limited Partners Of Grey Rock Energy Fund III-A, Grey Rock Energy Fund III-B, Grey Rock Energy Fund III-B Holdings 
Granite Ridge Resources, Inc. Announces Grey Rock Distribution and Appointment of Two Independent Directors
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 |