Granite Ridge Resources

GRNT

時価総額 $7.19億

The consensus price target hints at a 58.7% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Granite Ridge's lease operating expenses increased to over $10 per BOE in Q2 2026, up 33% from Q4 2025. It is dealing with higher saltwater disposal costs and higher contract labor costs. Increased production and cost management efforts should bring its per BOE costs down in 2H 2026 and 2027.

DALLAS--(BUSINESS WIRE)---- $GRNT--Granite Ridge Resources (NYSE: GRNT) will report third quarter 2026 results Nov. 5 and host an earnings call and webcast Nov. 6 at 10 a.m. CT.

Granite Ridge Resources NYSE: GRNT is targeting a transition to positive free cash flow by 2027 while maintaining high-single-digit production growth through its operated-partnership model, Chief Financial Officer Kyle Kettler said during a company presentation.

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that affiliates of Grey Rock Investment Partners (“Grey Rock”) have distributed 14,000,000 shares of Granite Ridge common stock to the limited partners of Grey Rock Energy Fund III-A, LP, Grey Rock Energy Fund III-B, LP, and Grey Rock Energy Fund III-B Holdings, LP.Following the distribution, Grey Rock and its affiliates beneficially own approximately 39% of Granite Ridge's outs.

Investors need to pay close attention to GRNT stock based on the movements in the options market lately.

Granite Ridge Resources NYSE: GRNT reported second-quarter production of 32,044 barrels of oil equivalent per day, with oil representing 51% of the production mix, as the company continued investing in development and inventory additions ahead of an expected free-cash-flow inflection in 2027.

Granite Ridge Resources, Inc. (GRNT) Q2 2026 Earnings Call Transcript

Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the second quarter of 2026. Second Quarter 2026 Highlights Grew daily production 1% to 32,044 barrels of oil equivalent (“Boe”) per day (51% oil), from 31,576 Boe per day for the second quarter of 2025. Reported net income of $30.0 million, or $0.23 per diluted share, versus $25.1 million, or $0.19 per diluted share, for the prior year period.