Granite Ridge Resources, Inc. (GRNT)

Market Cap	712.68M
Revenue (ttm)	409.33M
Net Income (ttm)	32.05M
Shares Out	131.25M
EPS (ttm)	0.25
PE Ratio	22.08
Forward PE	9.15
Dividend	$0.44 (8.10%)
Ex-Dividend Date	Aug 29, 2025

Volume	705,246
Open	5.44
Previous Close	5.38
Day's Range	5.37 - 5.53
52-Week Range	4.52 - 7.00
Beta	0.31
Analysts	Buy
Price Target	7.50 (+38.12%)
Earnings Date	Aug 7, 2025

About GRNT

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 2013
• Employees: 3
• Stock Exchange: NYSE
• Ticker Symbol: GRNT
• Website: https://www.graniteridge.com

Financial Performance

In 2024, Granite Ridge Resources's revenue was $359.03 million, a decrease of -2.75% compared to the previous year's $369.17 million. Earnings were $18.55 million, a decrease of -77.09%.

Analyst Forecast

According to 2 analysts, the average rating for GRNT stock is "Buy." The 12-month stock price target is $7.5, which is an increase of 38.12% from the latest price.

Price Target

$7.5

(38.12% upside)

Analyst Consensus: Buy