granite ridge resources inc - GRNT

GRNT

Close Chg Chg %
4.97 0.13 2.62%

Closed Market

5.10

+0.13 (2.62%)

Volume: 530.28K

Last Updated:

Feb 6, 2026, 3:59 PM EDT

Company Overview: granite ridge resources inc - GRNT

GRNT Key Data

Open

$4.95

Day Range

4.95 - 5.11

52 Week Range

4.18 - 6.72

Market Cap

$665.44M

Shares Outstanding

131.25M

Public Float

63.49M

Beta

0.31

Rev. Per Employee

N/A

P/E Ratio

17.29

EPS

$0.29

Yield

887.10%

Dividend

$0.11

EX-DIVIDEND DATE

Nov 28, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

597.80K

 

GRNT Performance

1 Week
 
1.59%
 
1 Month
 
17.78%
 
3 Months
 
-0.97%
 
1 Year
 
-15.70%
 
5 Years
 
-79.86%
 

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. 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 380.03M
Industry Oil & Gas Production Net Income 18.55M
Sector Energy Minerals Employees 3
Fiscal Year-end 12 / 2025
View SEC Filings

GRNT Valuation

P/E Current 17.294
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 45.365
Price to Sales Ratio 2.214
Price to Book Ratio 1.329
Price to Cash Flow Ratio 3.05
Enterprise Value to EBITDA 3.696
Enterprise Value to Sales 2.645
Total Debt to Enterprise Value 0.204

GRNT Efficiency

Revenue/Employee 126,676,666.667
Income Per Employee 6,182,666.667
Receivables Turnover 5.453
Total Asset Turnover 0.378

GRNT Liquidity

Current Ratio 1.328
Quick Ratio 1.328
Cash Ratio 0.405

GRNT Profitability

Gross Margin 31.585
Operating Margin 25.099
Pretax Margin 6.569
Net Margin 4.881
Return on Assets 1.847
Return on Equity 2.838
Return on Total Capital 2.207
Return on Invested Capital 2.287

GRNT Capital Structure

Total Debt to Total Equity 32.266
Total Debt to Total Capital 24.395
Total Debt to Total Assets 19.271
Long-Term Debt to Equity 32.266
Long-Term Debt to Total Capital 24.395
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Granite Ridge Resources Inc - GRNT

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
- 497.42M 394.07M 380.03M
Sales Growth
- - -20.78% -3.56%
-
Cost of Goods Sold (COGS) incl D&A
- 181.05M 248.89M 260.00M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 105.75M 160.66M 176.53M
Depreciation
- 105.75M 160.66M 176.53M
Amortization of Intangibles
- - - -
-
COGS Growth
- - +37.47% +4.46%
-
Gross Income
- 316.37M 145.18M 120.03M
Gross Income Growth
- - -54.11% -17.32%
-
Gross Profit Margin
- +63.60% +36.84% +31.59%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.20M 14.22M 27.92M 24.65M
Research & Development
- - - -
-
Other SG&A
2.20M 14.22M 27.92M 24.65M
SGA Growth
+771.30% +545.26% +96.30% -11.72%
Other Operating Expense
- - - 159.07K
-
Unusual Expense
(3.79M) 24.96M 6.69M 36.37M
EBIT after Unusual Expense
1.43M 277.18M 110.56M 59.02M
Non Operating Income/Expense
- 41.41K 332.00K (15.58M)
Non-Operating Interest Income
- - - 41.41K
-
Equity in Earnings of Affiliates
- - - (15.18M)
-
Interest Expense
- 1.99M 5.32M 18.47M
Interest Expense Growth
- - +167.22% +247.51%
-
Gross Interest Expense
- 1.99M 5.32M 18.47M
Interest Capitalized
- - - -
-
Pretax Income
1.47M 275.19M 105.58M 24.97M
Pretax Income Growth
-36.21% +18,591.04% -61.63% -76.35%
Pretax Margin
- +55.32% +26.79% +6.57%
Income Tax
- 12.85M 24.48M 6.21M
Income Tax - Current - Domestic
- - 209.00K 249.00K
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- 12.85M 24.27M 5.96M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - (15.18M)
-
Other After Tax Income (Expense)
- - (152.00K) (211.00K)
-
Consolidated Net Income
1.47M 262.34M 80.95M 18.55M
Minority Interest Expense
- - - -
-
Net Income
1.47M 262.34M 80.95M 18.55M
Net Income Growth
-36.21% +17,718.28% -69.14% -77.09%
Net Margin Growth
- +52.74% +20.54% +4.88%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.47M 262.34M 80.95M 18.55M
Preferred Dividends
- - - -
-
Net Income Available to Common
1.47M 262.34M 80.95M 18.55M
EPS (Basic)
0.0341 1.9736 0.6082 0.1425
EPS (Basic) Growth
-34.42% +5,687.68% -69.18% -76.57%
Basic Shares Outstanding
43.14M 132.92M 133.09M 130.19M
EPS (Diluted)
0.0341 1.9714 0.6081 0.1424
EPS (Diluted) Growth
-34.42% +5,681.23% -69.15% -76.58%
Diluted Shares Outstanding
43.14M 133.07M 133.11M 130.23M
EBITDA
(2.36M) 407.90M 277.92M 271.91M
EBITDA Growth
-561.73% +17,359.64% -31.86% -2.16%
EBITDA Margin
- +82.00% +70.53% +71.55%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 6.857
Number of Ratings 7 Current Quarters Estimate 0.098
FY Report Date 03 / 2026 Current Year's Estimate 0.442
Last Quarter’s Earnings 0.095 Median PE on CY Estimate N/A
Year Ago Earnings 0.527 Next Fiscal Year Estimate 0.574
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 6 5
Mean Estimate 0.10 0.09 0.44 0.57
High Estimates 0.12 0.12 0.59 0.74
Low Estimate 0.07 0.06 0.28 0.43
Coefficient of Variance 17.52 25.05 25.03 21.85

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 0
HOLD 4 4 4
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
Dec 18, 2025 Matthew Miller Director 1,298,166 Open market or private purchase of non-derivative security Non-derivative transaction at $5.13 per share 6,659,591.58
Dec 10, 2025 John F. McCartney Director 113,117 Open market or private purchase of non-derivative security Non-derivative transaction at $5.26 per share 594,995.42
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
Aug 13, 2025 Michele J. Everard Director 50,117 Open market or private purchase of non-derivative security Non-derivative transaction at $5.33 per share 267,123.61
Jun 17, 2025 kimberly A. Weimer Interim CFO & CAO 73,940 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 kimberly A. Weimer Interim CFO & CAO 42,955 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 kimberly A. Weimer Interim CFO & CAO 85,910 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 kimberly A. Weimer Interim CFO & CAO 128,866 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 Tyler Farquharson President and CEO 274,587 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 Tyler Farquharson President and CEO 171,821 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 Tyler Farquharson President and CEO 343,642 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2025 Tyler Farquharson President and CEO 515,464 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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