Logo image of GRNT

GRANITE RIDGE RESOURCES INC (GRNT) Stock Price, Quote, News and Overview

NYSE:GRNT - New York Stock Exchange, Inc. - US3874321074 - Common Stock - Currency: USD

6.13  -0.28 (-4.37%)

After market: 6.1 -0.03 (-0.49%)

GRNT Quote, Performance and Key Statistics

GRANITE RIDGE RESOURCES INC

NYSE:GRNT (2/21/2025, 8:24:31 PM)

After market: 6.1 -0.03 (-0.49%)

6.13

-0.28 (-4.37%)

Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS IndustryGroupEnergy
GICS SubIndustryOil & Gas Exploration & Production
Statistics
52 Week High7.1
52 Week Low5.47
Market Cap801.44M
Shares130.74M
Float57.50M
Yearly Dividend0.08
Dividend Yield6.86%
PE10.39
Fwd PE8.76
Earnings (Next)03-06 2025-03-06/bmo
IPO11-06 2020-11-06


GRNT short term performance overview.The bars show the price performance of GRNT in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -2 -4 -6 -8

GRNT long term performance overview.The bars show the price performance of GRNT in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 5 10 15

The current stock price of GRNT is 6.13 USD. In the past month the price decreased by -7.12%. In the past year, price decreased by -0.33%.

GRANITE RIDGE RESOURCES INC / GRNT Daily stock chart

GRNT Competitors/Peers

The largest stocks on the US markets in the "Oil & Gas Exploration & Production" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
COP CONOCOPHILLIPS 12.6 124.96B
EOG EOG RESOURCES INC 11.15 74.85B
CNQ CANADIAN NATURAL RESOURCES 11.48 63.00B
HES HESS CORP 15.3 45.64B
FANG DIAMONDBACK ENERGY INC 9.11 45.59B
VG VENTURE GLOBAL INC-CL A N/A 37.19B
TPL TEXAS PACIFIC LAND CORP 68.23 30.91B
EQT EQT CORP 32.41 29.98B
WDS WOODSIDE ENERGY GROUP-ADR 9.07 27.72B
DVN DEVON ENERGY CORP 7.76 24.63B
EXE EXPAND ENERGY CORP 51.05 24.07B
CTRA COTERRA ENERGY INC 16.36 20.72B

About GRNT

Company Profile

GRNT logo image Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. The company is headquartered in Dallas, Texas and currently employs 2 full-time employees. The company went IPO on 2020-11-06. The company owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. The company holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. The company owns an interest in approximately 2,826 gross (176.50 net) producing wells, 309,472. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado.

Company Info

GRANITE RIDGE RESOURCES INC

5217 Mckinney Avenue, Suite 400

Dallas TEXAS US

Employees: 2

Company Website: https://www.graniteridge.com/

Investor Relations: https://ir.graniteridge.com/

Phone: 12143962850

GRANITE RIDGE RESOURCES INC / GRNT FAQ

What is the stock price of GRANITE RIDGE RESOURCES INC today?

The current stock price of GRNT is 6.13 USD. The price decreased by -4.37% in the last trading session.


What is the ticker symbol for GRANITE RIDGE RESOURCES INC stock?

The exchange symbol of GRANITE RIDGE RESOURCES INC is GRNT and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is GRNT stock listed?

GRNT stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for GRANITE RIDGE RESOURCES INC stock?

12 analysts have analysed GRNT and the average price target is 7.87 USD. This implies a price increase of 28.4% is expected in the next year compared to the current price of 6.13. Check the GRANITE RIDGE RESOURCES INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is GRANITE RIDGE RESOURCES INC worth?

GRANITE RIDGE RESOURCES INC (GRNT) has a market capitalization of 801.44M USD. This makes GRNT a Small Cap stock.


How many employees does GRANITE RIDGE RESOURCES INC have?

GRANITE RIDGE RESOURCES INC (GRNT) currently has 2 employees.


What are the support and resistance levels for GRANITE RIDGE RESOURCES INC (GRNT) stock?

GRANITE RIDGE RESOURCES INC (GRNT) has a support level at 6 and a resistance level at 6.17. Check the full technical report for a detailed analysis of GRNT support and resistance levels.


Is GRANITE RIDGE RESOURCES INC (GRNT) expected to grow?

The Revenue of GRANITE RIDGE RESOURCES INC (GRNT) is expected to decline by -4.87% in the next year. Check the estimates tab for more information on the GRNT EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy GRANITE RIDGE RESOURCES INC (GRNT) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does GRANITE RIDGE RESOURCES INC (GRNT) stock pay dividends?

GRANITE RIDGE RESOURCES INC (GRNT) has a dividend yield of 6.86%. The yearly dividend amount is currently 0.08. Check the full fundamental report for a detailed analysis of GRNT dividend history, reliability and sustainability.


When does GRANITE RIDGE RESOURCES INC (GRNT) report earnings?

GRANITE RIDGE RESOURCES INC (GRNT) will report earnings on 2025-03-06, before the market open.


What is the Price/Earnings (PE) ratio of GRANITE RIDGE RESOURCES INC (GRNT)?

The PE ratio for GRANITE RIDGE RESOURCES INC (GRNT) is 10.39. This is based on the reported non-GAAP earnings per share of 0.59 and the current share price of 6.13 USD. Check the full fundamental report for a full analysis of the valuation metrics for GRNT.


What is the Short Interest ratio of GRANITE RIDGE RESOURCES INC (GRNT) stock?

The outstanding short interest for GRANITE RIDGE RESOURCES INC (GRNT) is 5.99% of its float. Check the ownership tab for more information on the GRNT short interest.


GRNT Technical Analysis

ChartMill assigns a technical rating of 1 / 10 to GRNT. When comparing the yearly performance of all stocks, GRNT is a bad performer in the overall market: 70.62% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

GRNT Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to GRNT. GRNT has only an average score on both its financial health and profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

GRNT Financial Highlights

Over the last trailing twelve months GRNT reported a non-GAAP Earnings per Share(EPS) of 0.59. The EPS decreased by -42.72% compared to the year before.


Industry RankSector Rank
PM (TTM) 12.58%
ROA 4.62%
ROE 7.25%
Debt/Equity 0.3
Chartmill High Growth Momentum
EPS Q2Q%-33.33%
Sales Q2Q%-13.22%
EPS 1Y (TTM)-42.72%
Revenue 1Y (TTM)-51.51%

GRNT Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to GRNT. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of -34.64% and a revenue growth -4.87% for GRNT


Ownership
Inst Owners72.67%
Ins Owners3.05%
Short Float %5.99%
Short Ratio6.33
Analysts
Analysts80
Price Target7.87 (28.38%)
EPS Next Y-34.64%
Revenue Next Year-4.87%