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Granite Ridge Resources

(NYSE) GRNT

Current Price$4.67
Market Cap$601.45MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)-40%
5 Year-37%
1 Year-4%
1 Month-1%
Granite Ridge Resources last closing stock price
MetricPriceDate
Last closeUSD 4.672026-07-17
Granite Ridge Resources stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.19%USD 4.572026-07-10
1 month-1.27%USD 4.732026-06-17
3 month-3.51%USD 4.842026-04-17
Year to date+3.87%USD 4.502025-12-31
1 year-3.67%USD 4.852025-07-17
3 year-17.73%USD 5.682023-07-18
5 year-37.05%USD 7.422021-07-16
Since inception-39.77%USD 7.572020-11-06

Granite Ridge Resources Financials at a Glance

Market Cap

$601.45MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$455.64M

Net Income (TTM)

-$32.49M

EPS (TTM)

-$0.25

P/E Ratio

-18.12

Dividend

$0.44

Beta (Volatility)

0.46 (Low)

Price

$4.67

Volume

22,530

Open

$4.64

Previous Close

$4.67

Daily Range

$4.60 - $4.70

52-Week Range

$4.18 - $6.15

Estimated Earnings Date

Aug 6, 2026

GRNT News

Foolcom-Featured.png

Granite Ridge (GRNT) Q2 Revenue Up 20%

Motley Fool Markets TeamAug 8, 2025
A pipeline near dawn or dusk

Why Granite Ridge Resources Stock Plummeted by 23% This Week

Eric VolkmanSep 15, 2023

GRNT: Motley Fool Moneyball Superscore

50

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About Granite Ridge Resources

Granite Ridge invests in oil and gas wells across the United States. The company works with partners to find and pump energy. These projects provide the fuel and power people use every day.

Where the Energy Comes From

  • Permian Basin: Operations in Texas and New Mexico; represents the company's largest asset area with 962 gross oil wells.
  • Haynesville Basin: Natural gas production assets located in Louisiana and East Texas; includes 187 gross gas wells.
  • Eagle Ford: Shale oil and gas sites in South Texas; managed by various public and private operators.
  • DJ Basin: Energy extraction projects in Colorado; includes over 1,100 gross productive oil wells.
  • Bakken and Appalachian: Regional production sites in the Northern and Eastern U.S.; focused on oil and natural gas recovery.

Strategic Steps and Growth

  • Formed on May 9, 2022, to combine the assets of Executive Network Partnering Corporation and GREP Holdings.
  • Completed a business combination on October 24, 2022, acquiring energy assets managed by Grey Rock Energy Management.
  • Operators completed 148 gross wells in the Permian Basin during 2025 to increase production capacity.
  • Participated in the completion of 79 gross wells in the Denver-Julesburg Basin throughout 2025.

Why the Model Is Unique

Granite Ridge uses a non-operator model, meaning it owns shares in wells but lets other companies manage the daily drilling. This allows the company to spread risk across six major energy regions while analyzing data from thousands of wells to choose the best projects.

The 2025 Financial Results

  • Operating income improved to $8.3 million in Q4 2025, turning positive from a $6.9 million loss in Q4 2024.
  • Revenue reached $105.5 million in Q4 2025, a slight 0.8% decrease from the $106.3 million reported the previous year.
  • Net loss worsened to $25.1 million in Q4 2025, compared to an $11.6 million loss in Q4 2024.
  • Free cash flow fell to negative $64.6 million in Q4 2025, a 93.2% decline from negative $33.4 million in Q4 2024.
  • Total proved reserves—the oil and gas expected to be recovered—reached 62,347 thousand barrels of oil equivalent on December 31, 2025.

Bottom Line

Granite Ridge has grown into a diversified energy investor with assets across the most productive oil and gas regions in the United States. By partnering with experienced drillers and using a non-operator model, the company maintains a broad portfolio while managing extraction risks.

AI Generated • May 3, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

6

CEO

Tyler Farquharson

Website

www.graniteridge.com

Headquarters

Dallas, TX 75205, US

GRNT Financials

Key Financial Metrics (TTM)

Gross Margin

23.62%

Operating Margin

16.42%

Net Income Margin

-7.13%

Return on Equity

-5.33%

Return on Capital

9.36%

Return on Assets

-2.72%

Earnings Yield

-5.52%

Dividend Yield

9.65%

Payout Ratio

-1.78%

Stock Overview

Market Cap

$601.45MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

131.90M

Volume

22.53K

Avg. Volume

974.16K

Financials (TTM)

Gross Profit

$107.64M

Operating Income

$74.83M

EBITDA

$191.16M

Operating Cash Flow

$278.67M

Capital Expenditure

-$387.71M

Free Cash Flow

-$109.04M

Cash & ST Invst.

$47.69M

Total Debt

$426.27M

Granite Ridge Resources Performance Analysis

Granite Ridge Resources annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 497,417,00071.4%
20232023-12-31USD 394,069,000-20.8%
20242024-12-31USD 380,030,000-3.6%
20252025-12-31USD 450,306,00018.5%
Granite Ridge Resources sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-11.2%
Q32025-09-303.2%
Q42025-12-31-6.4%
Q12026-03-3121.6%
Granite Ridge Resources annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 1.97141.6%
20232023-12-31USD 0.61-69.2%
20242024-12-31USD 0.14-76.6%
20252025-12-31USD 0.1829.4%
Granite Ridge Resources sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30154.0%
Q32025-09-30-42.1%
Q42025-12-31-272.7%
Q12026-03-31-89.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$128.26M

+4.3%

Gross Profit

$35.37M

-29.1%

Gross Margin

27.58%

N/A

Market Cap

$601.45MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$100.24M

N/A

Employees

6

N/A

Net Income

-$47.03M

-579.3%

EBITDA

-$16.00M

-124.2%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$47.69M

+25.8%

Total Debt

$426.27M

+70.5%

Accounts Receivable

$90.81M

+12.5%

Inventory

$0.00

N/A

Long Term Debt

$400.02M

+60.0%

Short Term Debt

$26.25M

N/A

Return on Assets

-2.72%

N/A

Return on Invested Capital

7.21%

N/A

Free Cash Flow

-$11.53M

+54.5%

Operating Cash Flow

$58.35M

-23.3%

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Questions About GRNT

What is the current price of Granite Ridge Resources?

Granite Ridge Resources is trading at $4.67 per share.

What is the 52-week range for Granite Ridge Resources?

Over the past 52 weeks, Granite Ridge Resources has traded between $4.18 and $6.15.

How much debt does Granite Ridge Resources have?

As of the most recent reporting period, Granite Ridge Resources reported total debt of $426.27M.

How much cash does Granite Ridge Resources have on hand?

Granite Ridge Resources reported $30.06M in cash and cash equivalents in its most recent financial results.

What is Granite Ridge Resources’s dividend yield?

Granite Ridge Resources currently has a dividend yield of 9.65%.

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