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Granite Ridge Resources

GRNT

Market cap $747M

5.66 USD

-0.01

0.18%

At close Updated Oct 20, 4:00 PM EDT

Pre-market

After hours

5.66

0.00

0%

1 day

-0.18%

5 days

10.76%

1 month

21.98%

3 months

22.25%

6 months

14.11%

Year to date

20.94%

1 year

7.2%

5 years

-44.67%

10 years

-44.67%

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: 6

Energy Oil & Gas Exploration & Production

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 26.7%

Neutral 53.3%

Negative 20%

Zacks Investment Research

Why Granite Ridge Resources, Inc. (GRNT) Might be Well Poised for a Surge

Granite Ridge Resources, Inc. (GRNT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Granite Ridge Resources, Inc. (GRNT) Might be Well Poised for a Surge

Zacks Investment Research

Wall Street Analysts Predict a 58.74% Upside in Granite Ridge Resources, Inc. (GRNT): Here's What You Should Know

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.

Wall Street Analysts Predict a 58.74% Upside in Granite Ridge Resources, Inc. (GRNT): Here's What You Should Know

Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge

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.

Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge

Granite Ridge Resources Schedules Third Quarter 2026 Earnings Conference Call

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 Schedules Third Quarter 2026 Earnings Conference Call

Granite Ridge Resources Targets Positive Free Cash Flow by 2027

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.

Granite Ridge Resources Targets Positive Free Cash Flow by 2027

Granite Ridge Resources, Inc. Announces Grey Rock Distribution and Appointment of Two Independent Directors

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.

Granite Ridge Resources, Inc. Announces Grey Rock Distribution and Appointment of Two Independent Directors

Zacks Investment Research

Is the Options Market Predicting a Spike in Granite Ridge Resources Stock?

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

Is the Options Market Predicting a Spike in Granite Ridge Resources Stock?

Granite Ridge Resources Q2 Earnings Call Highlights

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 Q2 Earnings Call Highlights

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

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

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

Zacks Investment Research

Granite Ridge Resources, Inc. (GRNT) Q2 Earnings and Revenues Beat Estimates

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.

Granite Ridge Resources, Inc. (GRNT) Q2 Earnings and Revenues Beat Estimates

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