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Granite Ridge Resources Inc (GRNT)

US · Energy · Oil & Gas E&P

$4.94-0.20%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$149.3M
Revenue YoY
+36.7%
Net profit
$30.0M
Profit YoY
+19.6%
EPS
$0.09
EPS estimate
$0.06
Net margin
20.1%

EPS came in at 0.09 against a street estimate of 0.06 — a beat of 50.0%.

Key statistics

Market cap
$674.0M
Forward P/E
8.2
P/B
1.20
Book value
$4.26
EPS (TTM)
$-0.22
Dividend yield
8.63%
52-week high
$5.88
52-week low
$3.91
50-day MA
$4.87
200-day MA
$5.05
Beta
0.17

Analyst view

Analysts rate Granite Ridge Resources Inc a buy (2 buy, 3 hold, 0 sell out of 5) with an average price target of $7.60.

Shareholding

Insiders
10.87%
Institutions
74.12%

Largest institutional holders

FundStake
Grey Rock Energy Management, LLC41.90%
Hamilton Lane Advisors LLC5.13%
Utah Retirement Systems3.98%
BlackRock Inc3.57%
Dimensional Fund Advisors, Inc.2.99%
American Century Companies Inc2.36%
Vanguard Capital Management, LLC2.34%
Georgetown University2.33%

Recent filings & reports

DocumentDate
Board / officer change · Q3 2026
GRANITE RIDGE RESOURCES, INC. – 8-K SUMMARY (August 19, 2026) HEADLINE NUMBERS • Board size increased from 7 to 9 directors on August 19, 2026 • Two
2026-08-19
Quarterly report · Q2 2026
GRANITE RIDGE RESOURCES, INC. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Cash position: $44.1 million (June 30, 2026) vs. $14.8 million (December 31,
2026-08-06
Results announced · Q3 2026
GRANITE RIDGE RESOURCES, INC. – Q2 2026 RESULTS SUMMARY --- HEADLINE NUMBERS • Q2 2026 net income: $30.0 million ($0.23 per diluted share), up from
2026-08-06
Proxy statement · Q3 2026
GRANITE RIDGE RESOURCES, INC. — PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Single Proposal: Approval of reincorporation from Delaware to Texas
2026-06-25
Board / officer change · Q2 2026
GRANITE RIDGE RESOURCES, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting held May 22, 2026 with 115,786,466 shares represented (out of 130
2026-05-22
Quarterly report · Q1 2026
GRANITE RIDGE RESOURCES, INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Q1 2026 Net Loss: $47.0 million (vs. net income of $9.8 million in Q1 2025)
2026-05-07
Results announced · Q2 2026
GRANITE RIDGE RESOURCES, INC. – Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q1 2026 net loss: $47.0 million ($0.36 per diluted share) vs. net income
2026-05-07
Proxy statement · Q2 2026
GRANITE RIDGE RESOURCES, INC. — 2026 PROXY SUMMARY --- CEO COMPENSATION & CHANGE • Tyler S. Farquharson (President and CEO): Total 2025 compensatio
2026-04-08

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Data updated 2026-09-18.