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GRNT

Granite Ridge Resources, Inc

GRNT

NYSE·Energy·Oil & Gas Exploration & Production·Mkt cap $575.1M

$4.42

+1.38%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$4.18 - $6.32

P/E

-17.68

Fwd P/E

10.01

Beta

0.16

Div Yield

10.09%

Avg Vol

990.8K

Shares Out

131.5M

Mkt Cap

$575.1M

Price action

Price chart

Down 30.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

1 risk

  • Low volatility (beta 0.2).

Growth

Turning profitable

Increased oil and natural gas production from developed acreage

Value

Attractively priced below Oil & Gas E&P peer average

Momentum

Falling

-23.9% over 3m

Quality

Stable

Solid business

Dividend

High yield

10.09% yield

Earnings track record

Recent earnings results

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

Next: Aug 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.02 vs $0.09 consensus (-77.8% surprise). Revenue of $128.3M vs $126.7M expected (+1.3%).

EPS miss
Rev beat +1.3%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-77.8%

Next: Aug 6, 2026

Revenue trend · last 8Q

-0%

+38%

+20%

+20%

-1%

+4%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$90.7M

$94.1M

$106.3M

$122.9M

$109.2M

$112.7M

$105.5M

$128.3M

Margins · last 8Q

Gross

Operating

Profit

-36.7%

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

1

50%

Sell

0%

Median Price Target

$11.00

+148.9% vs $4.42

Low $11.00
Median $11.00
High $11.00

Latest: Stephens · $11.00 · May 8, 2026

1 analyst covering

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.