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Granite Ridge Resources (GRNT) Stock Price, News & Analysis

Granite Ridge Resources logo
$6.50 +0.24 (+3.75%)
As of 03:35 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Granite Ridge Resources Stock (NYSE:GRNT)

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Key Stats

Today's Range
$6.23
▼
$6.51
50-Day Range
$4.28
▼
$6.28
52-Week Range
$4.18
▼
$6.51
Volume
1.43 million shs
Average Volume
1.04 million shs
Market Capitalization
$858.33 million
P/E Ratio
N/A
Dividend Yield
6.76%
Price Target
$11.00
Consensus Rating
Moderate Buy

Company Overview

Granite Ridge Resources, Inc. is an independent energy company that acquires, develops and produces oil and natural gas properties in the United States. Its portfolio is primarily made up of non-operated interests, with third-party companies managing day-to-day field operations.

The company’s assets provide exposure to several U.S. producing regions, including the Permian, Bakken, Eagle Ford and DJ basins. Its production includes crude oil, natural gas and natural gas liquids.

Granite Ridge became a publicly traded company in 2022 through a business combination with Executive Network Partnering Corporation. Luke Bruner serves as the company’s chief executive officer.

AI Generated. May Contain Errors.

Granite Ridge Resources Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

GRNT MarketRank™: 
4.97186600366 of 5 stars

Granite Ridge Resources scored higher than 99% of companies evaluated by MarketBeat, and ranked 5th out of 242 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Granite Ridge Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 2 buy ratings, 1 hold rating, and 1 sell rating.

  • Upside Potential

    Granite Ridge Resources has a consensus price target of $11.00, representing about 70.4% upside from its current price of $6.45.

  • Amount of Analyst Coverage

    Granite Ridge Resources has only been the subject of 3 research reports in the past 90 days.

  • Read more about Granite Ridge Resources' stock forecast and price target.
  • Earnings Growth

    Earnings for Granite Ridge Resources are expected to grow by 113.73% in the coming year, from $0.51 to $1.09 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Granite Ridge Resources is -16.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Granite Ridge Resources is -16.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Granite Ridge Resources has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.19% of the float of Granite Ridge Resources has been sold short.
  • Short Interest Ratio / Days to Cover

    Granite Ridge Resources has a short interest ratio ("days to cover") of 3.67, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Granite Ridge Resources has recently decreased by 9.88%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Granite Ridge Resources is a leading dividend payer. It pays a dividend yield of 7.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Granite Ridge Resources does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Granite Ridge Resources will have a dividend payout ratio of 40.37% next year. This indicates that Granite Ridge Resources will be able to sustain or increase its dividend.

  • Read more about Granite Ridge Resources' dividend.
  • News Sentiment

    Granite Ridge Resources has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Granite Ridge Resources this week, compared to 3 articles on an average week.
  • Search Interest

    9 people have searched for GRNT on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Granite Ridge Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Cluster Insider Buying

    4 insiders have purchased shares of Granite Ridge Resources in the last three months. Multiple insiders buying is a strong bullish signal.

  • Net Insider Buying

    Over the last three months, insiders have purchased a net $120,800.00 in company stock, which represents 0.0142% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, Granite Ridge Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $120,800.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    8.60% of the stock of Granite Ridge Resources is held by insiders.

  • Percentage Held by Institutions

    31.56% of the stock of Granite Ridge Resources is held by institutions.

  • Read more about Granite Ridge Resources' insider trading history.
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GRNT Stock News Headlines

Granite Ridge Resources (NYSE:GRNT) Upgraded at Wall Street Zen
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Granite Ridge: 3 Key Takeaways for Long-Term Investors
See More Headlines

GRNT Stock Analysis - Frequently Asked Questions

Granite Ridge Resources' stock was trading at $4.69 at the beginning of 2026. Since then, GRNT shares have increased by 37.6% and is now trading at $6.4540.

Granite Ridge Resources, Inc. (NYSE:GRNT) issued its quarterly earnings results on Thursday, November, 5th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. The business earned $177.21 million during the quarter, compared to the consensus estimate of $156.24 million. Granite Ridge Resources had a positive trailing twelve-month return on equity of 6.82% and a negative net margin of 9.31%.
Read the conference call transcript
.

Top institutional shareholders of Granite Ridge Resources include State Street Corp (0.96%), CWA Asset Management Group LLC (0.80%), Russell Investments Group Ltd. (0.22%) and Unison Advisors LLC (0.11%). Insiders that own company stock include Matthew Reade Miller, Griffin Perry, Kirk Lazarine, Tyler Farquharson, Thaddeus Darden, Luke C Brandenberg, John Mccartney, Ronald Kyle Kettler and Michele J Everard.
View institutional ownership trends
.

Shares of GRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Granite Ridge Resources investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Ford Motor (F), Altria Group (MO), Pfizer (PFE) and Energy Transfer (ET).

Company Calendar

Record date for 9/14 Dividend
8/28/2026
Ex-Dividend for 9/14 Dividend
8/28/2026
Dividend Payable
9/14/2026
Last Earnings
11/05/2026
Today
11/12/2026
18th Annual Southwest IDEAS Conference
11/18/2026
Record date for 12/14 Dividend
11/27/2026
Ex-Dividend for 12/14 Dividend
11/27/2026
Dividend Payable
12/14/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-Industry
Oil & Gas Exploration & Production
Current Symbol
NYSE:GRNT
CIK
1928446
Fax
N/A
Employees
6
Year Founded
2022

Price Target and Rating

High Price Target
$11.00
Low Price Target
$11.00
Potential Upside/Downside
+69.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.40)
Trailing P/E Ratio
N/A
Forward P/E Ratio
5.96
P/E Growth
N/A
Net Income
$24.35 million
Net Margins
-9.31%
Pretax Margin
-10.69%
Return on Equity
6.82%
Return on Assets
3.16%

Debt

Debt-to-Equity Ratio
0.79
Current Ratio
0.90
Quick Ratio
0.90

Sales & Book Value

Annual Sales
$560.23 million
Price / Sales
1.53
Cash Flow
$2.25 per share
Price / Cash Flow
2.89
Book Value
$4.09 per share
Price / Book
1.59

Miscellaneous

Outstanding Shares
131,949,000
Free Float
120,601,000
Market Cap
$856.61 million
Optionable
Optionable
Beta
0.19

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This page (NYSE:GRNT) was last updated on 11/12/2026 by MarketBeat.com Staff.
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