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Granite Ridge Resources Amends Management Services Agreement

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Granite Ridge Resources Amends Management Services Agreement

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The latest update is out from Granite Ridge Resources ( (GRNT) ).

On December 10, 2025, Granite Ridge Resources, Inc. amended its Management Services Agreement with Grey Rock Administration, LLC, extending the term to April 30, 2031, and increasing the service fee from $10 million to $11.75 million, with potential further increases based on CPI adjustments. Additionally, on December 12, 2025, Granite Ridge Ventures, a subsidiary of Granite Ridge Resources, entered into a power capacity commitment arrangement with Conduit Bravo LLC, aligning with similar transactions by third parties.

The most recent analyst rating on (GRNT) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Granite Ridge Resources stock, see the GRNT Stock Forecast page.

Spark’s Take on GRNT Stock

According to Spark, TipRanks’ AI Analyst, GRNT is a Neutral.

Granite Ridge Resources’ overall stock score reflects a stable financial position with strong production growth and attractive dividend yield. The company’s technical indicators are neutral, and while the earnings call highlighted positive developments, challenges such as higher LOE and natural gas pricing remain. The stock is fairly valued, offering a solid income component.

To see Spark’s full report on GRNT stock, click here.

More about Granite Ridge Resources

Average Trading Volume: 511,346

Technical Sentiment Signal: Strong Sell

Current Market Cap: $662.8M

Learn more about GRNT stock on TipRanks’ Stock Analysis page.

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