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Granite Ridge Resources (GRNT) Stock Price & Analysis

136 Followers

GRNT Stock Chart & Stats

$6.27$0.24(3.98%)
At close: 4:00 PM EST
$4.5$5$5.5$6Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$6.09 - $6.30
52-Week Range
$4.18 - $6.30
Previous Close
$6.03
Volume
N/A
Average Volume (3M)
1.41M
Market Cap
$795.65M
Enterprise Value
$984.40M
Total Cash (Recent Filing)
$42.72M
Total Debt (Recent Filing)
$35.00M
Price to Earnings (P/E)
―
Beta
0.36
Next Earnings
Mar 11, 2027 (Est.)
EPS Estimate
0.29
Next Dividend Ex-Date
Nov 27, 2026
Dividend Yield
7.02%

Bulls Say, Bears Say

Bulls Say

Production Growth And Development Runway

Expected production growth, increasing oil weighting, and a meaningful inventory runway support a durable expansion path. If execution continues, higher volumes can lift EBITDAX and improve the company’s ability to fund dividends and other capital priorities internally over the next several quarters.

Strong Operating Cash Generation

Record adjusted EBITDAX and strong operating cash flow demonstrate substantial cash generation from the existing asset base. This provides internal funding capacity for development and acquisitions, while improving the potential for shareholder returns when capital spending is controlled.

Expanded Operator And Inventory Platform

A broader operator network and identified drilling inventory can improve access to future development opportunities without requiring Granite Ridge to operate every well itself. The platform supports portfolio scale, geographic diversification, and continued participation in partner-led production growth.

Bears Say

GAAP Losses And Derivative Volatility

Large derivative losses can materially distort reported earnings and create quarter-to-quarter volatility even when operating results improve. This weakens the reliability of GAAP profitability as a measure of shareholder returns and can complicate assessment of sustainable earnings power.

Recurring Negative Free Cash Flow

Persistent free-cash-flow deficits indicate that development and reinvestment needs have exceeded operating inflows across multiple periods. Continued outflows increase dependence on commodity conditions and capital discipline, potentially limiting the durability of dividends, buybacks, or acquisition spending.

High Operating And Development Costs

Elevated lease operating expense, higher cash G&A, and development spending near the top of guidance can absorb much of the benefit from production growth. Unless unit costs improve as new wells come online, margins and free-cash-flow conversion may remain under pressure.

Granite Ridge Resources News

GRNT FAQ

What was Granite Ridge Resources’s price range in the past 12 months?
Granite Ridge Resources lowest stock price was $4.18 and its highest was $6.30 in the past 12 months.
What is Granite Ridge Resources’s market cap?
Granite Ridge Resources’s market cap is $795.65M.
When is Granite Ridge Resources’s upcoming earnings report date?
Granite Ridge Resources’s next earnings report is estimated for Mar 11, 2027 (not yet confirmed), which is in 119 days.
How were Granite Ridge Resources’s earnings last quarter?
Granite Ridge Resources released its earnings results on Nov 05, 2026. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03.
Is Granite Ridge Resources overvalued?
According to Wall Street analysts Granite Ridge Resources’s price is currently Undervalued.
Does Granite Ridge Resources pay dividends?
Granite Ridge Resources pays a quarterly dividend of $0.11 which represents an annual dividend yield of 7.02%. See more information on Granite Ridge Resources dividends here
What is Granite Ridge Resources’s EPS estimate?
Granite Ridge Resources’s EPS estimate is 0.29.
How many shares outstanding does Granite Ridge Resources have?
Granite Ridge Resources has 131,949,250 shares outstanding.
What happened to Granite Ridge Resources’s price movement after its last earnings report?
Granite Ridge Resources reported an EPS of $0.17 in its last earnings report, beating expectations of $0.14. Following the earnings report the stock price went up 13.276%.
Which hedge fund is a major shareholder of Granite Ridge Resources?
Hedge funds hold Granite Ridge Resources shares: the largest hedge-fund position in Granite Ridge Resources is 71,885,129 shares, and hedge funds increased their holdings by 310.6K shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology