Granite Ridge ResourcesGRNT
GRNT
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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
15% more call options, than puts
Call options by funds: $45K | Put options by funds: $39K
12% more funds holding
Funds holding: 123 [Q4 2024] → 138 (+15) [Q1 2025]
1.16% more ownership
Funds ownership: 78.06% [Q4 2024] → 79.22% (+1.16%) [Q1 2025]
4% less capital invested
Capital invested by funds: $659M [Q4 2024] → $630M (-$29.2M) [Q1 2025]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 4 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for GRNT.
Financial journalist opinion
Neutral
Business Wire
3 days 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.
Neutral
Seeking Alpha
1 month ago
Granite Ridge Resources, Inc. (GRNT) Q1 2025 Earnings Call Transcript
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants James Masters - Investor Relations Representative Luke Brandenberg - President and Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Phillips Johnston - Capital One John Annis - Texas Capital Noah Hungness - Bank of America Michael Scialla - Stephens Operator Good morning, and welcome to the Granite Ridge Resources First Quarter 2025 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
Granite Ridge Resources, Inc. (GRNT) Q1 Earnings and Revenues Surpass Estimates
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.12 per share a year ago.
Neutral
Business Wire
1 month ago
Granite Ridge Resources, Inc. Reports First Quarter 2025 Results and Declares Quarterly Cash Dividend
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the first quarter of 2025. First Quarter 2025 Highlights Grew daily production 23% to 29,245 barrels of oil equivalent (“Boe”) per day (50% oil), from 23,842 Boe per day for the first quarter of 2024. Reported net income of $9.8 million, or $0.07 per diluted share, versus $16.2 million, or $0.12 per diluted share, for the prior year period. Ad.
Positive
Zacks Investment Research
1 month ago
Can Granite Ridge Resources, Inc. (GRNT) Keep the Earnings Surprise Streak Alive?
Granite Ridge Resources, Inc. (GRNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
Zacks Investment Research
1 month ago
Granite Ridge Resources, Inc. (GRNT) Reports Next Week: Wall Street Expects Earnings Growth
Granite Ridge Resources, Inc. (GRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Negative
Seeking Alpha
1 month ago
Granite Ridge Resources: A Look At Its Guidance For 2025
Granite Ridge Resources, Inc. expects to average 29,000 BOEPD (52% oil) in 2025 production. This is low-to-mid single-digits growth compared to its Q4 2024 production, which had increased by 10% compared to Q3 2024 production. At the current strip, though, Granite Ridge would end up with $74 million in cash burn after dividends.
Neutral
Business Wire
1 month ago
Granite Ridge Resources Schedules First 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 first quarter of 2025 on Thursday, May 8, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, May 9, 2025, at 10:00 a.m. central time to discuss its first quarter 2025 financial and operating results. Instructions on how to access the webcast and conference c.
Positive
Zacks Investment Research
2 months ago
Wall Street Analysts See a 35.24% Upside in Granite Ridge Resources, Inc. (GRNT): Can the Stock Really Move This High?
The consensus price target hints at a 35.2% 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.
Positive
Zacks Investment Research
2 months ago
Earnings Estimates Rising for Granite Ridge Resources, Inc. (GRNT): Will It Gain?
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.
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