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Granite Ridge Resources (GRNT)
NYSE:GRNT
GRNT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.27 - $7.10
Previous CloseN/A
Volume66.87K
Average Volume (3M)469.38K
Market Cap
$811.04M
Enterprise Value$917.88M
Total Cash (Recent Filing)$9.42M
Total Debt (Recent Filing)$205.00M
Price to Earnings (P/E)43.5
Beta0.66
Next Earnings
May 08, 2025EPS Estimate
0.19Last Dividend Ex-Date
Feb 28, 2025Dividend Yield7.1%
Share Statistics
EPS (TTM)0.14
Shares Outstanding130,812,700
10 Day Avg. Volume380,596
30 Day Avg. Volume469,383
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.14
Price to Cash Flow (P/CF)2.90
P/FCF Ratio2.90
Enterprise Value/Market Cap1.13
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.59
Enterprise Value/Ebitda4.17
Forecast
1Y Price Target
$7.83Price Target Upside26.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
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Granite Ridge Resources News
PremiumCompany Announcements
Granite Ridge Resources Reports 2024 Results and 2025 Outlook
PremiumCompany Announcements
Granite Ridge Resources’ Earnings Call Highlights Growth Amid Challenges
PremiumCompany Announcements
Granite Ridge Resources Updates Investors on Strategy---
Bulls Say, Bears Say
Bulls Say
EarningsHigher oil production is expected to positively impact the company's earnings estimates.
Production GuidanceThe 2025 guidance beats on capex with inline oil production.
Bears Say
Free Cash FlowDespite a strong growth outlook, the company is expected to generate negative free cash flow.
Natural Gas RealizationsThere is a concern about weak natural gas realizations affecting the company's performance.
Operating CostsOperating costs came in higher than expected between $6.25 - $7.25/boe.
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Ownership Overview
3.17% Insiders
5.19% Mutual Funds
62.02% Other Institutional Investors
21.47% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GRNT FAQ
What was Granite Ridge Resources’s price range in the past 12 months?
Granite Ridge Resources lowest stock price was $5.27 and its highest was $7.10 in the past 12 months.
What is Granite Ridge Resources’s market cap?
Granite Ridge Resources’s market cap is $811.04M.
When is Granite Ridge Resources’s upcoming earnings report date?
Granite Ridge Resources’s upcoming earnings report date is May 08, 2025 which is in 37 days.
How were Granite Ridge Resources’s earnings last quarter?
Granite Ridge Resources released its earnings results on Mar 06, 2025. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03.
Is Granite Ridge Resources overvalued?
According to Wall Street analysts Granite Ridge Resources’s price is currently Undervalued.
Does Granite Ridge Resources pay dividends?
Granite Ridge Resources pays a Quarterly dividend of $0.436 which represents an annual dividend yield of 7.1%. See more information on Granite Ridge Resources dividends here
What is Granite Ridge Resources’s EPS estimate?
Granite Ridge Resources’s EPS estimate is 0.19.
How many shares outstanding does Granite Ridge Resources have?
Granite Ridge Resources has 130,812,700 shares outstanding.
What happened to Granite Ridge Resources’s price movement after its last earnings report?
Granite Ridge Resources reported an EPS of $0.17 in its last earnings report, beating expectations of $0.14. Following the earnings report the stock price went up 1.134%.
Which hedge fund is a major shareholder of Granite Ridge Resources?
Currently, no hedge funds are holding shares in GRNT
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Granite Ridge Resources Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.83 (26.29% Upside)
$7.83 (26.29% Upside)
Blogger Sentiment
Bullish
GRNT Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 39.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $3.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 6.7%
Last 30 Days ▲ 6.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.24%
12-Months-Change
Fundamentals
Return on Equity
2.85%
Trailing 12-Months
Asset Growth
12.60%
Trailing 12-Months
Company Description
Granite Ridge Resources
Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. It invests in oil and gas exploration and production. The company is based in Dallas, Texas.
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GRNT Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong production growth, successful partnership strategies, and cost efficiencies, which were somewhat offset by a reported net loss, decreased EBITDAX, and asset impairments. The forward-looking strategy and maintained dividends suggest confidence in future performance.Read More>---
GRNT Stock 12 Month Forecast
Average Price Target
$7.83
▲(26.29% Upside)
Technical Analysis
Delek US Holdings
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Vital Energy
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Nabors Industries
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Riley Exploration Permian
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TXO Energy Partners LP
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Best Analysts Covering GRNT
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+2.15%
reiterated a buy rating 2 months ago
Copying John M. White's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +2.15% per trade.
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