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GRNTGranite Ridge Resources, Inc
$4.51$595M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
GRNT logo

Granite Ridge Resources, Inc

GRNT
NYSE · Oil & Gas E&P
$4.51
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$595M
P/E25.1x
52W High$6.15
Volume1.16M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Debt-Fueled Growth Masks Negative Free Cash Flow

Granite Ridge Resources is executing a debt-funded expansion strategy, with total debt surging from $137.5M in 2024Q1 to $462.1M in 2026Q2, lifting D/E to 0.82. While revenue growth accelerated 36.7% YoY in 2026Q2 to $149.3M, the company has posted negative fr...

GrowthMixed
ProfitabilityStable
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

GRNT price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

+9% Peers

P/E is 9% above peer median

03

Market leadership

RS 55 · Avg

Average momentum (RS Rating: 55)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 5

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GRNT+3.42%
S&P 500 (^GSPC)+12.39%
1-Year Return
GRNT-10.49%
S&P 500 (^GSPC)+15.77%
3-Year Return
GRNT-3.16%
S&P 500 (^GSPC)+73.49%
5-Year Return
GRNT-36.20%
S&P 500 (^GSPC)+72.20%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
25.1x
Forward P/EExpansion
9.2x
EV/EBITDA20th %ile
3.1x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
25.1x
12.0x
60th· Fair
EV/EBITDA
3.1x
3.6x
20th· Low
Price/FCF
N/A
10.8x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$450M+18.5% YoY
Net income
$24M+29.8% YoY
Free cash flow
-$123M-72.4% YoY
Operating margin
20.2%+4.6 pts YoY
ROIC (TTM)7.6%
Avg ROIC 5Y-
ROE (TTM)3.9%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$0.09+19.8%
vs $0.08
$149M+7.1%
vs $139M
Q2 2026
May 7, 2026
$0.02-77.8%
vs $0.09
$128M+1.3%
vs $127M
Q2 2026
Mar 5, 2026
$0.01-90.0%
vs $0.10
$105M-9.9%
vs $117M
Q4 2025
Nov 6, 2025
$0.09-35.7%
vs $0.14
$113M-6.7%
vs $121M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Aug 27, 2026
Workers at Sienna Senior Living home in Stittsville to hold info picket to shine a light on chronic understaffing issues

Stittsville, ON--(BUSINESS WIRE)--On Friday, August 28, 2026, the workers at Granite Ridge Care Community are holding a rally to call out ongoing staffing shortages at the facility. The 300 workers, represented by CUPE Local 4540 provide care for residents of the facility. Granite Ridge is operated by Sienna Senior Living and is a for-profit home that has routinely underpaid and undervalued frontline workers to generate higher returns for shareholders. Rather than negotiating with the union and.

MarketBeat·Aug 22, 2026
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.

Business Wire·Aug 19, 2026
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.

Zacks Investment Research·Aug 18, 2026
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.

Filtered for Granite Ridge Resources, IncMore Headlines
04

Compare before deciding

Benchmark GRNT against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Granite Ridge Resources, Inc (GRNT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GRNT logoGRNTGranite Ridge Resources, IncCurrent
$4.51$594.85M25.0618.49%5.41%3.92%9.8%
VTLE logoVTLEVital Energy, Inc.
$17.92$693.32M-3.7826.15%-69.28%-74.84%—
CIVI logoCIVICivitas Resources, Inc.
$27.38$2.34B3.2449.76%13.56%9.55%—
BATL logoBATLBattalion Oil Corporation
$1.10$24.22M-0.49-14.92%-24.51%-29.92%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.92$199.75M4.0355.25%45.97%10.97%—
DMLP logoDMLPDorchester Minerals, L.P.
$29.11$1.4B24.26-5.38%45.68%28.58%—

Compare GRNT vs Peers

Granite Ridge Resources, Inc (GRNT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VTLE

Most directly comparable listed peer for GRNT.

Scale Benchmark

vs XOM

Larger-name benchmark to compare GRNT against a more recognizable public peer.

Peer Set

Compare Top 5

vs VTLE, CIVI, BATL, TPVG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

GRNT SEC Filings & Documents

Granite Ridge Resources, Inc (GRNT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

May 22, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 6, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Mar 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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GRNT Frequently Asked Questions

Granite Ridge Resources, Inc (GRNT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Granite Ridge Resources, Inc's revenue?

Granite Ridge Resources, Inc (GRNT) reported $495.7M in revenue for fiscal year 2025. This represents a 469% increase from $87.1M in 2020.

How fast is Granite Ridge Resources, Inc growing?

Granite Ridge Resources, Inc (GRNT) grew revenue by 18.5% over the past year. This is strong growth.

Is GRNT profitable?

Granite Ridge Resources, Inc (GRNT) reported a net loss of $27.6M for fiscal year 2025.

Dividend & Returns
Does GRNT pay dividends?

Yes, Granite Ridge Resources, Inc (GRNT) pays a dividend with a yield of 9.80%. This makes it attractive for income-focused investors.

What is GRNT's return on equity?

Granite Ridge Resources, Inc (GRNT) has a return on equity (ROE) of 3.9%. This is below average, suggesting room for improvement.

What is Granite Ridge Resources, Inc's free cash flow?

Granite Ridge Resources, Inc (GRNT) had negative free cash flow of $76.2M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in GRNT back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →