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GRNT

Granite Ridge Resources, Inc

GRNT

NYSE·Energy·Oil & Gas Exploration & Production·Mkt cap $670.0M

$5.08

0.00%

P/E

-24.19

Mkt Cap

$670.0M

52-Wk Range

$4.18–$6.15

52-Week Range

$4.18 - $6.15

P/E

-24.19

Fwd P/E

11.46

Beta

0.17

Div Yield

8.66%

Avg Vol

993.5K

Shares Out

131.5M

Mkt Cap

$670.0M

Price action

Price chart

Down 3.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Diversified portfolio across six major shale plays reduces geological and market risk
  • Strategic positioning in high-margin Midland and Delaware Basin assets
  • Dallas-based expertise with deep operational knowledge of core North American plays

Bear Case

2 risks

  • Low volatility (beta 0.2).
  • Premium valuation to Oil & Gas E&P peers

Growth

Turning profitable

Increased oil and natural gas production from developed acreage

Value

Premium valuation to Oil & Gas E&P peers

Momentum

Stable

+4.7% over 3m

Quality

Stable

Mixed fundamentals

Dividend

High yield

8.66% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.09 vs $0.08 consensus (+19.8% surprise). Revenue of $149.3M vs $139.4M expected (+7.0%). Beat on both top and bottom lines.

EPS beat +19.8%
Rev beat +7.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+19.8%

Revenue trend · last 8Q

-0%

+38%

+20%

+20%

-1%

+4%

-217%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$94.1M

$106.3M

$122.9M

$109.2M

$112.7M

$105.5M

$128.3M

-$128.3M

Margins · last 8Q

Gross

41.2%

Operating

-30.4%

Profit

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Stephens · $11.00 · May 8, 2026

vs Industry

How GRNT stacks vs Oil & Gas Exploration & Production

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.