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.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $0.17+21.4% vs $0.14 | $177M+13.4% vs $156M |
Q3 2026 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 |
Granite Ridge Resources NYSE: GRNT reported higher production and a 35% sequential increase in adjusted EBITDAX in the third quarter of 2026, as oil volumes grew and natural gas price realizations recovered. The company also authorized a share repurchase program and outlined how it plans to use future cash flow.
Granite Ridge Resources' adjusted EBITDA improved by around $28 million quarter-over-quarter. It benefited from increased oil production and improved natural gas prices (due to Waha differentials and NGLs). 2027 results should improve further due to more favorable hedges as well as increased production.
Granite Ridge Resources, Inc. ( GRNT ) Q3 2026 Earnings Call November 6, 2026 11:00 AM EST Company Participants James Masters - Vice President of Investor Relations Tyler Farquharson - CEO & President R. Kettler - Chief Financial Officer Conference Call Participants Michael Scialla - Stephens Inc., Research Division Derrick Whitfield - Texas Capital Securities, Research Division Jeffrey Grampp - Northland Capital Markets, Research Division Presentation Operator Good day, ladies and gentlemen, and thank you for standing by.
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.09 per share a year ago.
Benchmark GRNT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Granite Ridge Resources, Inc (GRNT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.29 | $697.73M | -13.27 | 18.49% | -13.62% | -9.26% | 8.36% | |
| $0.75 | $16.51M | -0.85 | -14.92% | -24.51% | -29.92% | — | |
| $4.37 | $177.42M | 8.17 | 55.25% | 58.87% | 6.24% | 23.45% | |
| $27.53 | $1.33B | 12.85 | -5.38% | 50.25% | 35.01% | 10.06% | |
| $13.98 | $2.97B | 12.18 | -3.89% | 48.31% | 22.18% | 9.65% | |
| $40.62 | $14.62B | 28.55 | 56.56% | 12.34% | 2.66% | 5.67% |
Granite Ridge Resources, Inc (GRNT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Granite Ridge Resources, Inc (GRNT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
May 22, 2026·SEC
May 7, 2026·SEC
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Granite Ridge Resources, Inc (GRNT) stock FAQ — growth, dividends, profitability & financials explained
Granite Ridge Resources, Inc (GRNT) reported $383.0M in revenue over the trailing twelve months. Revenue was $450.3M in fiscal year 2025. That is 417% more than the $87.1M of fiscal year 2020.
Granite Ridge Resources, Inc (GRNT) revenue fell by 15.1% over the trailing twelve months, compared with the twelve months before.
No. Granite Ridge Resources, Inc (GRNT) reported a net loss of $52.1M over the trailing twelve months.
Yes. Granite Ridge Resources, Inc (GRNT) pays a dividend that yields 8.36% at the current price, a high yield.
Granite Ridge Resources, Inc (GRNT) had a return on equity (ROE) of -9.3% over the trailing twelve months. A negative ROE means the company lost money over the period.
Granite Ridge Resources, Inc (GRNT) had negative free cash flow of $55.4M over the trailing twelve months.
