Granite Ridge Reports Q3 Production Surge and Dividend

Granite Ridge Resources ( (GRNT) ) has issued an announcement.

Granite Ridge Resources reported a 27% increase in daily production for the third quarter of 2025, reaching 31,925 barrels of oil equivalent per day. The company also declared a quarterly cash dividend and issued $350 million in senior unsecured notes to enhance liquidity. The company’s financial results showed a net income of $14.5 million, with significant investments in development and acquisition capital. Granite Ridge’s strategic actions, including proactive refinancing, aim to maintain a conservative capital structure and ensure flexibility for high-return opportunities, positioning the company for continued growth into 2026.

The most recent analyst rating on (GRNT) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Granite Ridge Resources stock, see the GRNT Stock Forecast page.

Spark’s Take on GRNT Stock

According to Spark, TipRanks’ AI Analyst, GRNT is a Neutral.

Granite Ridge Resources’ overall stock score reflects its solid financial performance and positive earnings call sentiment, which are the most significant factors. The company’s strong cash flow and stable balance sheet support its growth potential. However, technical indicators suggest caution, and valuation metrics indicate moderate market expectations. The high dividend yield is a notable positive for income investors.

To see Spark’s full report on GRNT stock, click here.

More about Granite Ridge Resources

Granite Ridge Resources, Inc. operates in the oil and natural gas industry, focusing on the exploration and production of these resources. The company is engaged in developing high-quality drilling opportunities and has a diversified portfolio that includes partnerships with key players like Admiral Permian Resources.

Average Trading Volume: 503,941

Technical Sentiment Signal: Sell

Current Market Cap: $693M

Learn more about GRNT stock on TipRanks’ Stock Analysis page.