GRNT
Granite Ridge Resources, Inc.
Price Chart
Latest Quote
$4.56
+0.05 (+1.11%)
Current Price
| Previous Close | $4.51 |
| Open | $4.53 |
| Day High | $4.58 |
| Day Low | $4.49 |
| Volume | 747,738 |
Stock Information
| Quarterly Dividend / Yield | $0.44 / 9.65% |
| Shares Outstanding | 131.90M |
| Quarterly Dividend Yield | 9.65% |
| Quarterly Dividend | $0.44 |
| Total Debt | $426.27M |
| Cash Equivalents | $47.69M |
| Revenue | $433.74M |
| Net Income | $-32.24M |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Market Cap | $601.45M |
| EPS (TTM) | $-0.25 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $980.03M |
| Sales | $433.74M |
| Income | $-32.24M |
| Book/sh | $4.16 |
| Cash/sh | $0.36 |
| Employees | 6 |
Financial Ratios
| Quick Ratio | 0.89 |
| Current Ratio | 0.93 |
| Debt/Eq | 78.12 |
Returns & Margins
| ROA | 2.44% |
| ROE | -5.52% |
| Gross Margin | 76.05% |
| Operating Margin | -37.66% |
| Profit Margin | -7.49% |
Ownership
| Insider Ownership | 8.48% |
| Institutional Ownership | 80.89% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 6.20 |
| P/S | 1.39 |
| P/B | 1.10 |
Analyst Data
| Recommendation | none |
| Target Price | $7.50 |
Technical Indicators
| SMA20 | $4.84 |
| SMA50 | $5.18 |
| SMA200 | $4.99 |
| RSI | 31.71 |
| ATR | 0.1807 |
| Shares Float | 58.11M |
| Short Float | 8.03% |
| Short Ratio | 4.50 |
| Volatility | 0.16 |
| Rel Volume | 0.76 |
Performance History
| Week | -2.98% |
| Month | -15.20% |
| Quarter | -13.31% |
| 6 Months | -1.10% |
| YTD | +1.86% |
| Year | -22.52% |
| 3 Years | -10.46% |
| 5 Years | -38.91% |
| 10 Years | -39.79% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $4.56 | 747,800 |
| 2026-06-22 | $4.51 | 1,122,100 |
| 2026-06-18 | $4.69 | 1,272,300 |
| 2026-06-17 | $4.73 | 789,300 |
| 2026-06-16 | $4.69 | 1,080,600 |
| 2026-06-15 | $4.70 | 902,200 |
| 2026-06-12 | $4.92 | 604,400 |
| 2026-06-11 | $4.85 | 621,800 |
| 2026-06-10 | $5.01 | 708,400 |
| 2026-06-09 | $4.82 | 1,169,600 |
| 2026-06-08 | $4.85 | 611,000 |
| 2026-06-05 | $4.81 | 975,700 |
| 2026-06-04 | $4.99 | 692,100 |
| 2026-06-03 | $4.99 | 913,900 |
| 2026-06-02 | $5.01 | 1,122,500 |
| 2026-06-01 | $5.05 | 1,324,100 |
| 2026-05-29 | $4.86 | 1,366,600 |
| 2026-05-28 | $4.83 | 1,236,300 |
| 2026-05-27 | $4.89 | 1,355,400 |
| 2026-05-26 | $5.06 | 946,700 |
About Granite Ridge Resources, Inc.
Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas.
đ° Latest News
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Simply Wall St. âĸ 2026-05-20T11:39:53Z
Granite Ridge Resourcesâs Q1 Earnings Call: Our Top 5 Analyst Questions
StockStory âĸ 2026-05-18T17:48:55ZQ1 Earnings Highs And Lows: Granite Ridge Resources (NYSE:GRNT) Vs The Rest Of The Mixed or Offshore Upstream E&P Stocks
StockStory âĸ 2026-05-17T21:24:55Z
Why Are Granite Ridge Resources (GRNT) Shares Soaring Today
StockStory âĸ 2026-05-14T12:36:55ZOne Yields 8.8%. One Is Up 83% in a Year. One Could Be Sold to a Bigger Rival. All Three Are Under $10
24/7 Wall St. âĸ 2026-05-13T14:30:02Z
GRNT Q1 Deep Dive: Margin Pressures and Strategic Shift to Cash Flow Take Center Stage
StockStory âĸ 2026-05-12T23:16:55Z
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $328,158,000 | $259,997,000 | $248,890,000 | $181,049,000 |
| Cost Of Revenue | $328,158,000 | $259,997,000 | $248,890,000 | $181,049,000 |
| Total Revenue | $450,306,000 | $380,030,000 | $394,069,000 | $497,417,000 |
| Operating Revenue | $450,306,000 | $380,030,000 | $394,069,000 | $497,417,000 |
| Expenses | ||||
| Interest Expense | $25,500,000 | $18,470,000 | $5,315,000 | $1,989,000 |
| Total Expenses | $359,232,000 | $284,405,000 | $276,986,000 | $195,272,000 |
| Other Income Expense | $-33,460,000 | $-52,189,000 | $-6,186,000 | $-24,962,000 |
| Other Non Operating Income Expenses | $-94,000 | $271,000 | - | - |
| Net Non Operating Interest Income Expense | $-25,500,000 | $-18,470,000 | $-5,315,000 | $-1,989,000 |
| Interest Expense Non Operating | $25,500,000 | $18,470,000 | $5,315,000 | $1,989,000 |
| Operating Expense | $31,074,000 | $24,408,000 | $28,096,000 | $14,223,000 |
| Other Operating Expenses | $65,000 | $-241,000 | $176,000 | - |
| General And Administrative Expense | $31,009,000 | $24,649,000 | $27,920,000 | $14,223,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $24,353,000 | $18,759,000 | $81,099,000 | $262,344,000 |
| Net Interest Income | $-25,500,000 | $-18,470,000 | $-5,315,000 | $-1,989,000 |
| Normalized Income | $49,644,428 | $58,156,460 | $85,849,848 | $286,140,416 |
| Net Income From Continuing And Discontinued Operation | $24,353,000 | $18,759,000 | $81,099,000 | $262,344,000 |
| Total Operating Income As Reported | $46,420,000 | $59,256,000 | $90,587,000 | $302,145,000 |
| Average Dilution Earnings | $0 | $0 | $0 | $0 |
| Net Income Common Stockholders | $24,056,000 | $18,548,000 | $80,947,000 | $262,344,000 |
| Net Income | $24,353,000 | $18,759,000 | $81,099,000 | $262,344,000 |
| Net Income Including Noncontrolling Interests | $24,353,000 | $18,759,000 | $81,099,000 | $262,344,000 |
| Net Income Continuous Operations | $24,353,000 | $18,759,000 | $81,099,000 | $262,344,000 |
| Pretax Income | $32,114,000 | $24,966,000 | $105,582,000 | $275,194,000 |
| Special Income Charges | $-44,654,000 | $-36,369,000 | $-26,496,000 | $0 |
| Operating Income | $91,074,000 | $95,625,000 | $117,083,000 | $302,145,000 |
| Gross Profit | $122,148,000 | $120,033,000 | $145,179,000 | $316,368,000 |
| Earnings From Equity Interest | - | $-15,183,000 | $508,000 | $0 |
| Depreciation Amortization Depletion Income Statement | - | - | $160,662,000 | $105,752,000 |
| Depletion Income Statement | - | - | $160,662,000 | $105,752,000 |
| Per Share | ||||
| Diluted EPS | $0.18 | $0.14 | $0.61 | $1.97 |
| Basic EPS | $0.18 | $0.14 | $0.61 | $1.97 |
| Other | ||||
| Tax Effect Of Unusual Items | $-8,074,572 | $-13,062,540 | $-1,435,152 | $-1,165,584 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $306,681,000 | $272,425,000 | $277,745,000 | $407,897,000 |
| Total Unusual Items | $-33,366,000 | $-52,460,000 | $-6,186,000 | $-24,962,000 |
| Total Unusual Items Excluding Goodwill | $-33,366,000 | $-52,460,000 | $-6,186,000 | $-24,962,000 |
| Reconciled Depreciation | $215,701,000 | $176,529,000 | $160,662,000 | $105,752,000 |
| EBITDA (Bullshit earnings) | $273,315,000 | $219,965,000 | $271,559,000 | $382,935,000 |
| EBIT | $57,614,000 | $43,436,000 | $110,897,000 | $277,183,000 |
| Diluted Average Shares | $130,501,000 | $130,227,000 | $133,109,000 | $133,074,000 |
| Basic Average Shares | $130,439,000 | $130,189,000 | $133,093,000 | $132,923,000 |
| Diluted NI Availto Com Stockholders | $24,056,000 | $18,548,000 | $80,947,000 | $262,344,000 |
| Otherunder Preferred Stock Dividend | $297,000 | $211,000 | $152,000 | $0 |
| Tax Provision | $7,761,000 | $6,207,000 | $24,483,000 | $12,850,000 |
| Impairment Of Capital Assets | $44,654,000 | $36,369,000 | $26,496,000 | $0 |
| Gain On Sale Of Security | $11,288,000 | $-16,091,000 | $20,310,000 | $-24,962,000 |
| Selling General And Administration | $31,009,000 | $24,649,000 | $27,920,000 | $14,223,000 |
| Other Gand A | $31,009,000 | $24,649,000 | $27,920,000 | $14,223,000 |
| Gain On Sale Of Ppe | - | - | $0 | $0 |
Fetched: 2026-06-23
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $605,760,000 | $635,353,000 | $671,645,000 | $664,247,000 |
| Total Assets | $1,168,071,000 | $1,036,479,000 | $927,104,000 | $794,777,000 |
| Total Non Current Assets | $1,049,188,000 | $901,258,000 | $775,552,000 | $648,457,000 |
| Other Non Current Assets | $5,889,000 | $4,288,000 | $4,821,000 | $3,468,000 |
| Financial Assets | $3,743,000 | $0 | $1,189,000 | $0 |
| Current Assets | $118,883,000 | $135,221,000 | $151,552,000 | $146,320,000 |
| Other Current Assets | $2,251,000 | $3,831,000 | $1,716,000 | $4,203,000 |
| Hedging Assets Current | $13,978,000 | $537,000 | $11,117,000 | $10,089,000 |
| Prepaid Assets | $2,682,000 | $19,959,000 | $4,928,000 | $8,908,000 |
| Receivables | $74,166,000 | $69,692,000 | $72,934,000 | $72,287,000 |
| Accounts Receivable | $74,166,000 | $69,692,000 | $72,934,000 | $72,287,000 |
| Cash Cash Equivalents And Short Term Investments | $25,806,000 | $41,202,000 | $60,857,000 | $50,833,000 |
| Cash And Cash Equivalents | $14,846,000 | $9,419,000 | $10,430,000 | $50,833,000 |
| Cash Financial | $14,846,000 | $9,419,000 | $10,430,000 | $50,833,000 |
| Debt | ||||
| Net Debt | $352,986,000 | $195,581,000 | $99,570,000 | - |
| Total Debt | $385,332,000 | $205,000,000 | $110,000,000 | - |
| Long Term Debt And Capital Lease Obligation | $367,832,000 | $205,000,000 | $110,000,000 | - |
| Long Term Debt | $367,832,000 | $205,000,000 | $110,000,000 | - |
| Current Debt And Capital Lease Obligation | $17,500,000 | - | - | - |
| Current Debt | - | - | - | - |
| Other Current Borrowings | - | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $562,311,000 | $401,126,000 | $255,459,000 | $130,530,000 |
| Total Non Current Liabilities Net Minority Interest | $467,130,000 | $299,318,000 | $193,380,000 | $66,396,000 |
| Derivative Product Liabilities | $0 | $3,679,000 | $0 | $11,902,000 |
| Non Current Deferred Liabilities | $87,330,000 | $79,946,000 | $73,989,000 | $49,749,000 |
| Current Liabilities | $95,181,000 | $101,808,000 | $62,079,000 | $64,134,000 |
| Other Current Liabilities | $834,000 | $2,368,000 | $1,204,000 | $1,954,000 |
| Payables And Accrued Expenses | $76,847,000 | $99,440,000 | $60,875,000 | $62,180,000 |
| Payables | $21,331,000 | $26,438,000 | $20,037,000 | - |
| Accounts Payable | $21,331,000 | $26,438,000 | $20,037,000 | - |
| Other Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $605,760,000 | $635,353,000 | $671,645,000 | $664,247,000 |
| Total Equity Gross Minority Interest | $605,760,000 | $635,353,000 | $671,645,000 | $664,247,000 |
| Stockholders Equity | $605,760,000 | $635,353,000 | $671,645,000 | $664,247,000 |
| Retained Earnings | $-17,286,000 | $16,047,000 | $54,782,000 | $32,388,000 |
| Other | ||||
| Treasury Shares Number | $5,686,711 | $5,683,921 | $5,677,627 | $25,920 |
| Ordinary Shares Number | $131,255,267 | $130,733,756 | $130,363,150 | $133,268,977 |
| Share Issued | $136,941,978 | $136,417,677 | $136,040,777 | $133,294,897 |
| Tangible Book Value | $605,760,000 | $635,353,000 | $671,645,000 | $664,247,000 |
| Invested Capital | $973,592,000 | $840,353,000 | $781,645,000 | $664,247,000 |
| Working Capital | $23,702,000 | $33,413,000 | $89,473,000 | $82,186,000 |
| Total Capitalization | $973,592,000 | $840,353,000 | $781,645,000 | $664,247,000 |
| Treasury Stock | $36,196,000 | $36,180,000 | $36,325,000 | $229,000 |
| Additional Paid In Capital | $659,228,000 | $655,472,000 | $653,174,000 | $632,075,000 |
| Capital Stock | $14,000 | $14,000 | $14,000 | $13,000 |
| Common Stock | $14,000 | $14,000 | $14,000 | $13,000 |
| Long Term Provisions | $11,968,000 | $10,693,000 | $9,391,000 | $4,745,000 |
| Current Accrued Expenses | $55,516,000 | $73,002,000 | $40,838,000 | $62,180,000 |
| Net PPE | $1,039,556,000 | $896,970,000 | $769,542,000 | $644,989,000 |
| Accumulated Depreciation | $-857,832,000 | $-643,051,000 | $-467,141,000 | $-383,673,000 |
| Gross PPE | $1,897,388,000 | $1,540,021,000 | $1,236,683,000 | $1,028,662,000 |
| Other Short Term Investments | $10,960,000 | $31,783,000 | $50,427,000 | $0 |
| Properties | - | - | - | $1,028,662,000 |
| Total Partnership Capital | - | - | - | - |
| General Partnership Capital | - | - | - | - |
| Limited Partnership Capital | - | - | - | - |
Fetched: 2026-06-23
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-122,845,000 | $-71,260,000 | $-56,333,000 | $111,701,000 |
| Operating Activities | ||||
| Operating Cash Flow | $296,414,000 | $275,733,000 | $302,867,000 | $346,389,000 |
| Cash Flow From Continuing Operating Activities | $296,414,000 | $275,733,000 | $302,867,000 | $346,389,000 |
| Operating Gains Losses | $-6,829,000 | $32,454,000 | $2,585,000 | $-17,475,000 |
| Investing Activities | ||||
| Capital Expenditure | $-419,259,000 | $-346,993,000 | $-359,200,000 | $-234,688,000 |
| Investing Cash Flow | $-409,808,000 | $-310,768,000 | $-356,676,000 | $-230,562,000 |
| Cash Flow From Continuing Investing Activities | $-409,808,000 | $-310,768,000 | $-356,676,000 | $-230,562,000 |
| Net Other Investing Changes | $4,285,000 | $19,655,000 | $2,464,000 | $1,180,000 |
| Capital Expenditure Reported | $-300,768,000 | $-285,796,000 | $-282,390,000 | $-185,497,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-16,000 | $-442,000 | $-35,353,000 | $-216,000 |
| Issuance Of Capital Stock | $0 | $0 | $5,000 | $6,825,000 |
| Financing Cash Flow | $118,821,000 | $33,724,000 | $13,406,000 | $-76,848,000 |
| Cash Flow From Continuing Financing Activities | $118,821,000 | $33,724,000 | $13,406,000 | $-76,848,000 |
| Net Other Financing Charges | $-4,477,000 | $-3,340,000 | $-2,659,000 | $-21,693,000 |
| Cash Dividends Paid | $-57,686,000 | $-57,494,000 | $-58,587,000 | $-10,664,000 |
| Common Stock Dividend Paid | $-57,686,000 | $-57,494,000 | $-58,587,000 | $-10,664,000 |
| Net Common Stock Issuance | $-16,000 | $-442,000 | $-35,348,000 | $6,609,000 |
| Common Stock Issuance | $0 | $0 | $5,000 | $6,825,000 |
| Other | ||||
| Repayment Of Debt | $-345,000,000 | $-15,000,000 | $-52,500,000 | $-72,100,000 |
| Issuance Of Debt | $526,000,000 | $110,000,000 | $162,500,000 | $21,000,000 |
| Interest Paid Supplemental Data | $24,748,000 | $14,472,000 | $4,825,000 | $2,286,000 |
| Income Tax Paid Supplemental Data | $549,000 | $197,000 | $742,000 | $98,000 |
| End Cash Position | $14,846,000 | $9,419,000 | $10,730,000 | $51,133,000 |
| Beginning Cash Position | $9,419,000 | $10,730,000 | $51,133,000 | $12,154,000 |
| Changes In Cash | $5,427,000 | $-1,311,000 | $-40,403,000 | $38,979,000 |
| Common Stock Payments | $-16,000 | $-442,000 | $-35,353,000 | $-216,000 |
| Net Issuance Payments Of Debt | $181,000,000 | $95,000,000 | $110,000,000 | $-51,100,000 |
| Net Long Term Debt Issuance | $181,000,000 | $95,000,000 | $110,000,000 | $-51,100,000 |
| Long Term Debt Payments | $-345,000,000 | $-15,000,000 | $-52,500,000 | $-72,100,000 |
| Long Term Debt Issuance | $526,000,000 | $110,000,000 | $162,500,000 | $21,000,000 |
| Net Business Purchase And Sale | $4,991,000 | $2,575,000 | $0 | $-1,899,000 |
| Sale Of Business | $4,991,000 | $3,462,000 | $0 | $0 |
| Purchase Of Business | $0 | $-887,000 | $0 | $-1,899,000 |
| Net PPE Purchase And Sale | $-118,316,000 | $-47,202,000 | $-76,750,000 | $-44,346,000 |
| Sale Of PPE | $175,000 | $13,995,000 | $60,000 | $4,845,000 |
| Purchase Of PPE | $-118,491,000 | $-61,197,000 | $-76,810,000 | $-49,191,000 |
| Change In Working Capital | $5,547,000 | $860,000 | $4,642,000 | $-17,241,000 |
| Change In Payables And Accrued Expense | $9,303,000 | $-1,200,000 | $4,900,000 | $9,843,000 |
| Change In Accrued Expense | $9,561,000 | $-1,153,000 | $4,550,000 | $9,838,000 |
| Change In Payable | $-258,000 | $-47,000 | $350,000 | $5,000 |
| Change In Prepaid Assets | $693,000 | $-1,228,000 | $588,000 | $-2,095,000 |
| Change In Receivables | $-4,449,000 | $3,288,000 | $-846,000 | $-24,989,000 |
| Changes In Account Receivables | $-4,449,000 | $3,288,000 | $-846,000 | $-24,989,000 |
| Other Non Cash Items | $1,849,000 | $2,506,000 | $947,000 | $159,000 |
| Stock Based Compensation | $3,756,000 | $2,298,000 | $2,162,000 | $0 |
| Asset Impairment Charge | $44,654,000 | $36,369,000 | $26,496,000 | $0 |
| Deferred Tax | $7,383,000 | $5,958,000 | $24,274,000 | $12,850,000 |
| Deferred Income Tax | $7,383,000 | $5,958,000 | $24,274,000 | $12,850,000 |
| Depreciation Amortization Depletion | $215,701,000 | $176,529,000 | $160,662,000 | $105,752,000 |
| Depletion | $215,701,000 | $176,529,000 | $160,662,000 | $105,752,000 |
| Earnings Losses From Equity Investments | $15,833,000 | $15,183,000 | $-508,000 | $0 |
| Gain Loss On Investment Securities | $-22,662,000 | $17,271,000 | $3,093,000 | $-17,475,000 |
| Net Income From Continuing Operations | $24,353,000 | $18,759,000 | $81,099,000 | $262,344,000 |
| Net Short Term Debt Issuance | - | - | $110,000,000 | $-51,100,000 |
| Short Term Debt Payments | - | - | $-52,500,000 | $-72,100,000 |
| Short Term Debt Issuance | - | - | $162,500,000 | $21,000,000 |
| Gain Loss On Sale Of PPE | - | - | $0 | $0 |
Fetched: 2026-06-23