Symbols / GRNT Stock $6.01 -0.33% Granite Ridge Resources, Inc.

Energy • Oil & Gas E&P • United States • NYQ
GRNT (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Energy
Industry Oil & Gas E&P
CEO Mr. Tyler S. Farquharson
Exch · Country NYQ · United States
Market Cap 792.76M
Enterprise Value 1.15B
Income 24.65M
Sales 427.91M
FCF (ttm) -162.91M
Book/sh 4.62
Cash/sh 0.20
Employees 6
Insider 10d —
IPO Nov 06, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 244.44%
P/E 33.39
Forward P/E 7.48
PEG —
P/S 1.85
P/B 1.30
P/C —
EV/EBITDA 3.44
EV/Sales 2.69
Quick Ratio 1.05
Current Ratio 1.25
Debt/Eq 63.61
LT Debt/Eq —
EPS (ttm) 0.18
EPS next Y 0.80
EPS Growth —
Revenue Growth 0.10%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2026-03-05
ROA 6.70%
ROE 3.92%
ROIC —
Gross Margin 78.95%
Oper. Margin 20.86%
Profit Margin 5.69%
Shs Outstand 131.91M
Shs Float 57.97M
Insider Own 8.37%
Instit Own 78.69%
Short Float 7.66%
Short Ratio 3.80
Short Interest 4.24M
52W High 6.72
vs 52W High -10.57%
52W Low 4.18
vs 52W Low 43.78%
Beta 0.22
Impl. Vol. 1.47%
Rel Volume 0.64
Avg Volume 879.50K
Volume 565.90K
Target (mean) $7.30
Tgt Median $6.00
Tgt Low $5.50
Tgt High $12.00
# Analysts 5
Recom Hold
Prev Close $6.03
Price $6.01
Change -0.33%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$7.30
Mean price target
2. Current target
$6.01
Latest analyst target
3. DCF / Fair value
$-22.23
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.01
Low
$5.50
High
$12.00
Mean
$7.30

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-13 main Freedom Broker Hold → Hold $6
2025-11-13 down Freedom Broker Buy → Hold $7
2025-03-07 reit Stephens & Co. Overweight → Overweight $8
2024-09-30 main Evercore ISI Group In-Line → In-Line $7
2024-06-14 reit B of A Securities — → Neutral $7
2024-05-15 init Roth MKM — → Buy $9
2024-04-29 init Evercore ISI Group — → In-Line $8
2023-11-07 init B of A Securities — → Buy $9
2023-09-27 init Stephens & Co. — → Overweight —
News
RSS: Latest GRNT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 MILLER MATTHEW READE Director — 3,194 $0.00 $0
2026-03-13 KETTLER RONALD KYLE Chief Financial Officer — 3,000 $5.17 $15,510
2026-03-12 EVERARD MICHELE J. Director — 5,000 $5.17 $25,850
2026-03-12 MCCARTNEY JOHN F Director — 5,000 $5.16 $25,800
2026-03-11 MCCARTNEY JOHN F Director — 2,000 $5.12 $10,240
2026-03-10 MILLER MATTHEW READE Director — 10,000 $5.10 $51,000
2026-03-10 KETTLER RONALD KYLE Chief Financial Officer — 5,000 $5.18 $25,900
2026-03-10 FARQUHARSON TYLER S Chief Executive Officer — 12,500 $5.21 $65,125
2026-03-04 WEIMER KIMBERLY A. Officer — 26,616 $0.00 $0
2026-03-04 KETTLER RONALD KYLE Chief Financial Officer — 17,110 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
450.31
+18.49%
380.03
-3.56%
394.07
-20.78%
497.42
Operating Revenue
450.31
+18.49%
380.03
-3.56%
394.07
-20.78%
497.42
Cost Of Revenue
328.16
+26.22%
260.00
+4.46%
248.89
+37.47%
181.05
Reconciled Cost Of Revenue
328.16
+26.22%
260.00
+4.46%
248.89
+37.47%
181.05
Gross Profit
122.15
+1.76%
120.03
-17.32%
145.18
-54.11%
316.37
Operating Expense
31.07
+27.31%
24.41
-13.13%
28.10
+97.54%
14.22
Selling General And Administration
31.01
+25.80%
24.65
-11.72%
27.92
+96.30%
14.22
General And Administrative Expense
31.01
+25.80%
24.65
-11.72%
27.92
+96.30%
14.22
Other Gand A
31.01
+25.80%
24.65
-11.72%
27.92
+96.30%
14.22
Other Operating Expenses
0.07
+126.97%
-0.24
-236.93%
0.18
—
Total Expenses
359.23
+26.31%
284.40
+2.68%
276.99
+41.85%
195.27
Operating Income
91.07
-4.76%
95.62
-18.33%
117.08
-61.25%
302.14
Total Operating Income As Reported
46.42
-21.66%
59.26
-34.59%
90.59
-70.02%
302.14
EBITDA
273.31
+24.25%
219.97
-19.00%
271.56
-29.08%
382.94
Normalized EBITDA
306.68
+12.57%
272.43
-1.92%
277.75
-31.91%
407.90
Reconciled Depreciation
215.70
+22.19%
176.53
+9.88%
160.66
+51.92%
105.75
EBIT
57.61
+32.64%
43.44
-60.83%
110.90
-59.99%
277.18
Total Unusual Items
-33.37
+36.40%
-52.46
-748.04%
-6.19
+75.22%
-24.96
Total Unusual Items Excluding Goodwill
-33.37
+36.40%
-52.46
-748.04%
-6.19
+75.22%
-24.96
Special Income Charges
-44.65
-22.78%
-36.37
-37.26%
-26.50
0.00
Impairment Of Capital Assets
44.65
+22.78%
36.37
+37.26%
26.50
0.00
Net Income
24.35
+29.82%
18.76
-76.87%
81.10
-69.09%
262.34
Pretax Income
32.11
+28.63%
24.97
-76.35%
105.58
-61.63%
275.19
Net Non Operating Interest Income Expense
-25.50
-38.06%
-18.47
-247.51%
-5.32
-167.22%
-1.99
Interest Expense Non Operating
25.50
+38.06%
18.47
+247.51%
5.32
+167.22%
1.99
Net Interest Income
-25.50
-38.06%
-18.47
-247.51%
-5.32
-167.22%
-1.99
Interest Expense
25.50
+38.06%
18.47
+247.51%
5.32
+167.22%
1.99
Other Income Expense
-33.46
+35.89%
-52.19
-743.66%
-6.19
+75.22%
-24.96
Other Non Operating Income Expenses
-0.09
-134.69%
0.27
—
—
Gain On Sale Of Security
11.29
+170.15%
-16.09
-179.23%
20.31
+181.36%
-24.96
Tax Provision
7.76
+25.04%
6.21
-74.65%
24.48
+90.53%
12.85
Tax Rate For Calcs
0.00
-2.81%
0.00
+7.33%
0.00
+396.85%
0.00
Tax Effect Of Unusual Items
-8.07
+38.19%
-13.06
-810.19%
-1.44
-23.13%
-1.17
Net Income Including Noncontrolling Interests
24.35
+29.82%
18.76
-76.87%
81.10
-69.09%
262.34
Net Income From Continuing Operation Net Minority Interest
24.35
+29.82%
18.76
-76.87%
81.10
-69.09%
262.34
Net Income From Continuing And Discontinued Operation
24.35
+29.82%
18.76
-76.87%
81.10
-69.09%
262.34
Net Income Continuous Operations
24.35
+29.82%
18.76
-76.87%
81.10
-69.09%
262.34
Normalized Income
49.64
-14.64%
58.16
-32.26%
85.85
-70.00%
286.14
Net Income Common Stockholders
24.06
+29.70%
18.55
-77.09%
80.95
-69.14%
262.34
Otherunder Preferred Stock Dividend
0.30
+40.76%
0.21
+38.82%
0.15
0.00
Diluted EPS
0.18
+28.57%
0.14
-77.05%
0.61
-69.04%
1.97
Basic EPS
0.18
+28.57%
0.14
-77.05%
0.61
-69.04%
1.97
Basic Average Shares
130.44
+0.19%
130.19
-2.18%
133.09
+0.13%
132.92
Diluted Average Shares
130.50
+0.21%
130.23
-2.17%
133.11
+0.03%
133.07
Diluted NI Availto Com Stockholders
24.06
+29.70%
18.55
-77.09%
80.95
-69.14%
262.34
Average Dilution Earnings
0.00
0.00
0.00
0.00
Depletion Income Statement
—
—
160.66
+51.92%
105.75
Depreciation Amortization Depletion Income Statement
—
—
160.66
+51.92%
105.75
Earnings From Equity Interest
—
-15.18
-3088.78%
0.51
0.00
Gain On Sale Of PPE
—
—
0.00
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,168.07
+12.70%
1,036.48
+11.80%
927.10
+16.65%
794.78
Current Assets
118.88
-12.08%
135.22
-10.78%
151.55
+3.58%
146.32
Cash Cash Equivalents And Short Term Investments
25.81
-37.37%
41.20
-32.30%
60.86
+19.72%
50.83
Cash And Cash Equivalents
14.85
+57.62%
9.42
-9.69%
10.43
-79.48%
50.83
Cash Financial
14.85
+57.62%
9.42
-9.69%
10.43
-79.48%
50.83
Other Short Term Investments
10.96
-65.52%
31.78
-36.97%
50.43
0.00
Receivables
74.17
+6.42%
69.69
-4.45%
72.93
+0.90%
72.29
Accounts Receivable
74.17
+6.42%
69.69
-4.45%
72.93
+0.90%
72.29
Prepaid Assets
2.68
-86.56%
19.96
+305.01%
4.93
-44.68%
8.91
Hedging Assets Current
13.98
+2502.98%
0.54
-95.17%
11.12
+10.19%
10.09
Other Current Assets
2.25
-41.24%
3.83
+123.25%
1.72
-59.17%
4.20
Total Non Current Assets
1,049.19
+16.41%
901.26
+16.21%
775.55
+19.60%
648.46
Net PPE
1,039.56
+15.90%
896.97
+16.56%
769.54
+19.31%
644.99
Gross PPE
1,897.39
+23.21%
1,540.02
+24.53%
1,236.68
+20.22%
1,028.66
Accumulated Depreciation
-857.83
-33.40%
-643.05
-37.66%
-467.14
-21.75%
-383.67
Properties
—
—
—
1,028.66
Other Non Current Assets
5.89
+37.34%
4.29
-11.06%
4.82
+39.01%
3.47
Total Liabilities Net Minority Interest
562.31
+40.18%
401.13
+57.02%
255.46
+95.71%
130.53
Current Liabilities
95.18
-6.51%
101.81
+64.00%
62.08
-3.20%
64.13
Payables And Accrued Expenses
76.85
-22.72%
99.44
+63.35%
60.88
-2.10%
62.18
Payables
21.33
-19.32%
26.44
+31.95%
20.04
—
Accounts Payable
21.33
-19.32%
26.44
+31.95%
20.04
—
Other Payable
—
—
—
—
Current Accrued Expenses
55.52
-23.95%
73.00
+78.76%
40.84
-34.32%
62.18
Current Debt And Capital Lease Obligation
17.50
—
—
—
Current Debt
—
—
—
—
Other Current Borrowings
—
—
—
—
Other Current Liabilities
0.83
-64.78%
2.37
+96.68%
1.20
-38.38%
1.95
Total Non Current Liabilities Net Minority Interest
467.13
+56.06%
299.32
+54.78%
193.38
+191.25%
66.40
Long Term Debt And Capital Lease Obligation
367.83
+79.43%
205.00
+86.36%
110.00
—
Long Term Debt
367.83
+79.43%
205.00
+86.36%
110.00
—
Long Term Provisions
11.97
+11.92%
10.69
+13.86%
9.39
+97.91%
4.75
Non Current Deferred Liabilities
87.33
+9.24%
79.95
+8.05%
73.99
+48.72%
49.75
Stockholders Equity
605.76
-4.66%
635.35
-5.40%
671.64
+1.11%
664.25
Common Stock Equity
605.76
-4.66%
635.35
-5.40%
671.64
+1.11%
664.25
Capital Stock
0.01
+0.00%
0.01
+0.00%
0.01
+7.69%
0.01
Common Stock
0.01
+0.00%
0.01
+0.00%
0.01
+7.69%
0.01
Share Issued
136.94
+0.38%
136.42
+0.28%
136.04
+2.06%
133.29
Ordinary Shares Number
131.26
+0.40%
130.73
+0.28%
130.36
-2.18%
133.27
Treasury Shares Number
5.69
+0.05%
5.68
+0.11%
5.68
+21804.43%
0.03
Additional Paid In Capital
659.23
+0.57%
655.47
+0.35%
653.17
+3.34%
632.08
Retained Earnings
-17.29
-207.72%
16.05
-70.71%
54.78
+69.14%
32.39
Treasury Stock
36.20
+0.04%
36.18
-0.40%
36.33
+15762.45%
0.23
Total Equity Gross Minority Interest
605.76
-4.66%
635.35
-5.40%
671.64
+1.11%
664.25
Total Capitalization
973.59
+15.86%
840.35
+7.51%
781.64
+17.67%
664.25
Working Capital
23.70
-29.06%
33.41
-62.66%
89.47
+8.87%
82.19
Invested Capital
973.59
+15.86%
840.35
+7.51%
781.64
+17.67%
664.25
Total Debt
385.33
+87.97%
205.00
+86.36%
110.00
—
Net Debt
352.99
+80.48%
195.58
+96.43%
99.57
—
Net Tangible Assets
605.76
-4.66%
635.35
-5.40%
671.64
+1.11%
664.25
Tangible Book Value
605.76
-4.66%
635.35
-5.40%
671.64
+1.11%
664.25
Derivative Product Liabilities
0.00
-100.00%
3.68
0.00
-100.00%
11.90
Financial Assets
3.74
0.00
-100.00%
1.19
0.00
General Partnership Capital
—
—
—
—
Limited Partnership Capital
—
—
—
—
Total Partnership Capital
—
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
296.41
+7.50%
275.73
-8.96%
302.87
-12.56%
346.39
Cash Flow From Continuing Operating Activities
296.41
+7.50%
275.73
-8.96%
302.87
-12.56%
346.39
Net Income From Continuing Operations
24.35
+29.82%
18.76
-76.87%
81.10
-69.09%
262.34
Depreciation Amortization Depletion
215.70
+22.19%
176.53
+9.88%
160.66
+51.92%
105.75
Other Non Cash Items
1.85
-26.22%
2.51
+164.63%
0.95
+495.60%
0.16
Stock Based Compensation
3.76
+63.45%
2.30
+6.29%
2.16
0.00
Asset Impairment Charge
44.65
+22.78%
36.37
+37.26%
26.50
0.00
Deferred Tax
7.38
+23.92%
5.96
-75.46%
24.27
+88.90%
12.85
Deferred Income Tax
7.38
+23.92%
5.96
-75.46%
24.27
+88.90%
12.85
Operating Gains Losses
-6.83
-121.04%
32.45
+1155.47%
2.58
+114.79%
-17.48
Gain Loss On Investment Securities
-22.66
-231.21%
17.27
+458.39%
3.09
+117.70%
-17.48
Gain Loss On Sale Of PPE
—
—
0.00
0.00
Change In Working Capital
5.55
+545.00%
0.86
-81.47%
4.64
+126.92%
-17.24
Change In Receivables
-4.45
-235.31%
3.29
+488.65%
-0.85
+96.61%
-24.99
Changes In Account Receivables
-4.45
-235.31%
3.29
+488.65%
-0.85
+96.61%
-24.99
Change In Prepaid Assets
0.69
+156.43%
-1.23
-308.84%
0.59
+128.07%
-2.10
Change In Payables And Accrued Expense
9.30
+875.25%
-1.20
-124.49%
4.90
-50.22%
9.84
Change In Accrued Expense
9.56
+929.23%
-1.15
-125.34%
4.55
-53.75%
9.84
Change In Payable
-0.26
-448.94%
-0.05
-113.43%
0.35
+6900.00%
0.01
Investing Cash Flow
-409.81
-31.87%
-310.77
+12.87%
-356.68
-54.70%
-230.56
Cash Flow From Continuing Investing Activities
-409.81
-31.87%
-310.77
+12.87%
-356.68
-54.70%
-230.56
Net PPE Purchase And Sale
-118.32
-150.66%
-47.20
+38.50%
-76.75
-73.07%
-44.35
Purchase Of PPE
-118.49
-93.62%
-61.20
+20.33%
-76.81
-56.15%
-49.19
Sale Of PPE
0.17
-98.75%
13.99
+23225.00%
0.06
-98.76%
4.84
Capital Expenditure
-419.26
-20.83%
-346.99
+3.40%
-359.20
-53.05%
-234.69
Capital Expenditure Reported
-300.77
-5.24%
-285.80
-1.21%
-282.39
-52.23%
-185.50
Net Business Purchase And Sale
4.99
+93.83%
2.58
0.00
+100.00%
-1.90
Purchase Of Business
0.00
+100.00%
-0.89
0.00
+100.00%
-1.90
Net Other Investing Changes
4.29
-78.20%
19.66
+697.69%
2.46
+108.81%
1.18
Financing Cash Flow
118.82
+252.33%
33.72
+151.56%
13.41
+117.44%
-76.85
Cash Flow From Continuing Financing Activities
118.82
+252.33%
33.72
+151.56%
13.41
+117.44%
-76.85
Net Issuance Payments Of Debt
181.00
+90.53%
95.00
-13.64%
110.00
+315.26%
-51.10
Issuance Of Debt
526.00
+378.18%
110.00
-32.31%
162.50
+673.81%
21.00
Repayment Of Debt
-345.00
-2200.00%
-15.00
+71.43%
-52.50
+27.18%
-72.10
Long Term Debt Issuance
526.00
+378.18%
110.00
-32.31%
162.50
+673.81%
21.00
Long Term Debt Payments
-345.00
-2200.00%
-15.00
+71.43%
-52.50
+27.18%
-72.10
Net Long Term Debt Issuance
181.00
+90.53%
95.00
-13.64%
110.00
+315.26%
-51.10
Short Term Debt Issuance
—
—
162.50
+673.81%
21.00
Short Term Debt Payments
—
—
-52.50
+27.18%
-72.10
Net Short Term Debt Issuance
—
—
110.00
+315.26%
-51.10
Net Common Stock Issuance
-0.02
+96.38%
-0.44
+98.75%
-35.35
-634.85%
6.61
Common Stock Payments
-0.02
+96.38%
-0.44
+98.75%
-35.35
-16267.13%
-0.22
Common Stock Dividend Paid
-57.69
-0.33%
-57.49
+1.87%
-58.59
-449.39%
-10.66
Cash Dividends Paid
-57.69
-0.33%
-57.49
+1.87%
-58.59
-449.39%
-10.66
Repurchase Of Capital Stock
-0.02
+96.38%
-0.44
+98.75%
-35.35
-16267.13%
-0.22
Net Other Financing Charges
-4.48
-34.04%
-3.34
-25.61%
-2.66
+87.74%
-21.69
Changes In Cash
5.43
+513.96%
-1.31
+96.76%
-40.40
-203.65%
38.98
Beginning Cash Position
9.42
-12.22%
10.73
-79.02%
51.13
+320.71%
12.15
End Cash Position
14.85
+57.62%
9.42
-12.22%
10.73
-79.02%
51.13
Free Cash Flow
-122.84
-72.39%
-71.26
-26.50%
-56.33
-150.43%
111.70
Interest Paid Supplemental Data
24.75
+71.01%
14.47
+199.94%
4.83
+111.07%
2.29
Income Tax Paid Supplemental Data
0.55
+178.68%
0.20
-73.45%
0.74
+657.14%
0.10
Common Stock Issuance
0.00
0.00
-100.00%
0.01
-99.93%
6.83
Depletion
215.70
+22.19%
176.53
+9.88%
160.66
+51.92%
105.75
Earnings Losses From Equity Investments
15.83
+4.28%
15.18
+3088.78%
-0.51
0.00
Issuance Of Capital Stock
0.00
0.00
-100.00%
0.01
-99.93%
6.83
Sale Of Business
4.99
+44.17%
3.46
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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