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Granite Ridge Resources

5.70 USD
-0.01
0.18%
Updated Aug 26, 10:09 AM EDT
1 day
-0.18%
5 days
9.20%
1 month
6.94%
3 months
-0.70%
6 months
-4.52%
Year to date
-14.29%
1 year
-13.11%
5 years
-44.28%
10 years
-44.28%
 

About: Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.

Employees: 3

0
Funds holding %
of 7,430 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

100% more call options, than puts

Call options by funds: $20K | Put options by funds: $10K

97% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 33

61% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 18

7% more capital invested

Capital invested by funds: $630M [Q1] → $675M (+$45M) [Q2]

7% more funds holding

Funds holding: 138 [Q1] → 147 (+9) [Q2]

1.59% more ownership

Funds ownership: 79.22% [Q1] → 80.81% (+1.59%) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

Research analyst outlook

We haven’t received any recent analyst ratings for GRNT.

Financial journalist opinion

Based on 5 articles about GRNT published over the past 30 days

Neutral
Seeking Alpha
3 days ago
Granite Ridge Resources: Aggressively Growing Production And Inventory
Granite Ridge increased its production by 8% quarter-over-quarter in Q2 2025. GRNT expects further production growth in 2H 2025 and 2026 while also adding to its inventory. This has involved heavy spending though, with Granite Ridge's leverage projected at 1.0x at the end of 2025, up from 0.7x at the end of 2024.
Granite Ridge Resources: Aggressively Growing Production And Inventory
Neutral
Seeking Alpha
2 weeks ago
Granite Ridge Resources, Inc. (GRNT) Q2 2025 Earnings Call Transcript
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q2 2025 Earnings Conference Call August 8, 2025 11:00 AM ET Company Participants James Masters - Corporate Participant Kimberly A. Weimer - Interim CFO & Chief Accounting Officer Tyler S.
Granite Ridge Resources, Inc. (GRNT) Q2 2025 Earnings Call Transcript
Neutral
The Motley Fool
2 weeks ago
Granite Ridge (GRNT) Q2 Revenue Up 20%
Granite Ridge (GRNT) Q2 Revenue Up 20%
Granite Ridge (GRNT) Q2 Revenue Up 20%
Negative
Zacks Investment Research
2 weeks ago
Granite Ridge Resources, Inc. (GRNT) Q2 Earnings Miss Estimates
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.13 per share a year ago.
Granite Ridge Resources, Inc. (GRNT) Q2 Earnings Miss Estimates
Neutral
Business Wire
2 weeks ago
Granite Ridge Resources, Inc. Reports Second Quarter 2025 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2025
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 2025. Second Quarter 2025 Highlights Grew daily production 37% to 31,576 barrels of oil equivalent (“Boe”) per day (51% oil), from 23,106 Boe per day for the second quarter of 2024. Reported net income of $25.1 million, or $0.19 per diluted share, versus $5.1 million, or $0.04 per diluted share, for the prior year period.
Granite Ridge Resources, Inc. Reports Second Quarter 2025 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2025
Positive
Seeking Alpha
1 month ago
Granite Ridge Resources: A New Dividend Play For My Portfolio
Granite Ridge Resources offers a 8.2% yield, low overhead, and a strong hedging program, making it attractive for income-focused investors despite recent volatility. The company's diversified, data-driven investment approach and focus on the Permian Basin support stable cash flow and regular dividends. Concerns about rising debt are mitigated by conservative leverage, robust liquidity, and management's focus on growth and efficiency, not just dividend payments.
Granite Ridge Resources: A New Dividend Play For My Portfolio
Neutral
Business Wire
1 month ago
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge”) (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conf.
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
Positive
Zacks Investment Research
2 months ago
Granite Ridge Resources, Inc. (GRNT) Surges 6.7%: Is This an Indication of Further Gains?
Granite Ridge Resources, Inc. (GRNT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Granite Ridge Resources, Inc. (GRNT) Surges 6.7%: Is This an Indication of Further Gains?
Positive
Seeking Alpha
2 months ago
Granite Ridge Resources: Strong Natural Gas Performance To Start 2025
Granite Ridge's Q1 2025 production increased by 5% quarter-over-quarter. This was driven by natural gas outperformance, with oil production in-line with expectations. Granite Ridge's lease operating expense per BOE was 9% below full-year guidance midpoint and is trending well.
Granite Ridge Resources: Strong Natural Gas Performance To Start 2025
Neutral
Business Wire
2 months ago
Granite Ridge Resources, Inc. Announces CEO Transition
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that Luke Brandenberg has stepped down from his role as President and Chief Executive Officer, effective June 11, 2025. The Company's Board has promoted Tyler Farquharson, the Company's Chief Financial Officer, to President and Chief Executive Officer, and Kim Weimer, the Company's Chief Accounting Officer, to Interim Chief Financial Officer and Chief Accounting Officer, each e.
Granite Ridge Resources, Inc. Announces CEO Transition
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