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    Granite Ridge Resources Inc (GRNT)

    Official site

    ENERGY • OIL & GAS E&P • NYSE

    $5.09
    +0.16 (+3.14%)

    Market Cap: $651.59M

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    38%(6/16)
    Avg Surprise
    -24.05%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.12
    Range$0.07 - $0.17
    4 analysts
    EPS Revisions
    1
    0
    7d
    1
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$0.17-29.4%
    60d ago$0.15-22.1%
    30d ago$0.13-6.3%
    7d ago$0.120.0%
    Current$0.12
    Revenue Consensus
    $153M
    Range$146M - $160M
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.13
    Range$0.06 - $0.20
    4 analysts
    Revenue Consensus
    $163M
    Range$143M - $191M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.13---
    Sep 26EST
    		-$0.12---
    Jun 26
    Reported Aug 6
    		$0.09$0.06+50.00%Beat-18.2%
    Mar 26
    Reported May 7
    		$0.02N/A-83.33%Miss-90.9%
    Dec 25
    Reported Mar 5
    		$0.01N/A-90.00%Miss+111.1%
    Sep 25
    Reported Nov 6
    		$0.09$0.14-35.71%Miss-35.7%
    Jun 25
    Reported Aug 7
    		$0.11$0.13-15.38%Miss-15.4%
    Mar 25
    Reported May 8
    		$0.22$0.20+10.00%Beat+83.3%
    Dec 24
    Reported Mar 6
    		$-0.09$0.16-156.25%Miss-145.0%
    Sep 24
    Reported Nov 7
    		$0.14$0.14+0.00%Beat-33.3%
    Jun 24
    Reported Aug 8
    		$0.13$0.14-7.14%Miss-31.6%
    Mar 24
    Reported May 9
    		$0.12$0.10+20.00%Beat-42.9%
    Dec 23
    Reported Mar 7
    		$0.20$0.20+0.00%Beat-52.4%
    Sep 23
    Reported Nov 9
    		$0.21$0.24-12.50%Miss-41.7%
    Jun 23
    Reported Aug 10
    		$0.19$0.17+11.76%Beat+159.4%
    Mar 23
    Reported May 11
    		$0.21$0.31-32.26%Miss+162.5%
    Dec 22
    Reported Mar 27
    		$0.42$0.47-10.64%Miss+9030.4%
    Sep 22
    Reported Nov 14
    		$0.36$0.54-33.33%Miss+1700.0%
    Jun 22
    Reported Aug 15
    		$-0.32N/AN/ABeat-966.7%
    Mar 22
    Reported May 16
    		$0.08N/AN/ABeat+100.0%
    Dec 21
    Reported Mar 30
    		$0.00N/AN/ABeat+146.0%
    Sep 21
    Reported Nov 12
    		$0.02$0.00N/ABeat-
    Jun 21
    Reported Aug 13
    		$-0.03$0.00N/AMiss-
    Mar 21
    Reported Jun 1
    		$0.04$0.00N/ABeat-
    Dec 20
    Reported Mar 31
    		$-0.01$0.00N/AMiss-
    Sep 20
    Reported Nov 16
    		$0.00$0.00N/ABeat-
    Jun 20
    Reported Sep 17
    		$0.00$0.00N/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield8.64%
    Forward Annual Dividend$0.44
    Payout Ratio236.33%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec
    GRNT dividend history and ex-dividend datesRun GRNT in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio24.26EV/EBITDAN/A
    Price/FCF-254.37xFCF Yield-0.39%
    Profitability
    Profit Margin-5.84%Operating Margin36.40%
    ROE-4.58%ROIC-0.28%
    Financial Health
    Debt/Equity0.82xInterest Coverage0.01x
    Current Ratio1.02xQuick Ratio1.02x
    Trading Statistics
    Beta0.20Avg Volume1.25M
    52-Week High$5.8852-Week Low$3.91

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$4.77
    SMA 20$4.63
    SMA 50$4.86
    SMA 200$4.88
    EMA 10$4.83
    EMA 20$4.77
    EMA 50$4.78
    EMA 200$4.85

    MACD

    Line: 0.04Signal: -0.04Hist: 0.08

    ADX

    ADX: 23.8+DI: 28.4-DI: 12.8

    Aroon & PSAR

    Aroon Up12.0
    Aroon Down52.0
    PSAR$4.60

    Bollinger Bands

    Upper Band$5.12
    Lower Band$4.14
    %B Position2116%(Upper)
    Band Width0.97

    RSI (14-Day)

    Neutral
    62.8

    Momentum Oscillators

    Stoch %K91.2
    Stoch %D90.6
    Williams %R-5.6
    ROC (10d)15.8%
    Momentum0.69
    CCI (20d)150.0
    MFI (14d)75.1

    Volatility Measures

    ATR (14d)$0.17(3.4%)
    StdDev (20d)0.24
    Hist Vol42.0%(High)

    Volume Flow

    VWAP$5.08
    OBV23.2M
    AD Line-780.1M
    CMF (20d)-0.059

    Volume Metrics

    Avg Vol (20d)1.3M
    Vol Ratio1.1x
    VWMA (20d)$4.63

    Pivot Points

    R3$5.29
    R2$5.21
    R1$5.07
    Pivot Point$4.99
    S1$4.85
    S2$4.77
    S3$4.63

    Advanced Oscillators

    TSI5.36
    Ultimate Osc58.8
    KST-46.20

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$149.27M$128.26M$105.48M$112.67M$109.22M$122.93M$106.31M$94.08M$90.65M$89.00M$106.80M$108.40M
    Cost of Revenue$29.96M$29.68M$24.95M$23.60M$20.12M$16.24M$15.29M$13.03M$13.67M$15.48M$29.18M$16.93M
    Gross Profit$119.31M$98.58M$80.54M$89.08M$89.10M$106.69M$91.02M$81.05M$76.98M$73.52M$77.62M$91.47M
    Operating Expenses$80.30M$83.74M$116.97M$69.49M$68.37M$64.16M$97.94M$56.37M$55.10M$53.91M$72.89M$58.87M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$9.15M$9.08M$8.04M$6.99M$8.52M$7.46M$5.94M$5.59M$6.62M$6.49M$6.08M$5.25M
    Operating Income$39.02M$14.85M$-36,439,000$19.59M$20.73M$42.53M$-6,916,000$24.68M$21.89M$19.60M$4.73M$32.60M
    Interest Income$-2,223,000$6.67M$0$0$-5,795,000$-9,971,000$0$0$-8,774,000$7.78M$0$0
    Interest Expense$11.07M$10.32M$8.50M$6.07M$5.91M$5.01M$4.67M$4.82M$5.82M$3.16M$2.41M$1.36M
    Income Before Tax$38.87M$-60,664,000$-32,728,000$19.29M$32.86M$12.69M$-16,261,000$13.38M$6.78M$21.06M$21.95M$23.11M
    Income Tax Expense$8.87M$-13,633,000$-7,665,000$4.77M$7.78M$2.88M$-4,638,000$4.33M$1.68M$4.84M$4.42M$5.15M
    Net Income$30.00M$-47,031,000$-25,063,000$14.52M$25.08M$9.81M$-11,623,000$9.05M$5.10M$16.23M$17.54M$17.96M
    EBITDA$53.50M$-55,696,000$-23,173,000$25.78M$44.99M$28.06M$2.98M$18.55M$23.89M$16.74M$24.63M$24.63M
    EBIT$52.17M$-57,020,000$-24,159,000$25.36M$44.57M$27.68M$2.60M$18.20M$21.37M$16.44M$23.86M$24.47M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Granite Ridge's operating costs rise 33% to $10.27/BOE in Q2 2026, but expects improvements in 2H 2026 and 2027.

    Granite Ridge Resources experienced a 33% increase in lease operating expenses to $10.27 per BOE in Q2 2026, primarily due to higher saltwater disposal and labor costs. Despite this...

    Pluang•10/13/26•Neutral

    Is Granite Ridge Resources (NYSE:GRNT) Rising In NYSE Composite Spotlight?

    Granite Ridge Resources (NYSE:GRNT), an independent oil and natural gas company, is gaining attention due to a favorable consensus rating, recent earnings exceeding expectations, insider share purchases...

    Kalkine Media•10/7/26•Bullish

    Granite Ridge Resources, Inc. (NYSE:GRNT) Stock Now Rated "Moderate Buy" by Wall Street Brokerages

    Granite Ridge Resources, Inc. (NYSE:GRNT) has received a "Moderate Buy" consensus rating from Wall Street analysts...

    MarketBeat•10/7/26•Somewhat-Bullish

    Granite Ridge Resources Schedules Third Quarter 2026 Earnings Conference Call

    Granite Ridge Resources, Inc. (NYSE: GRNT) announced it will release its third quarter 2026 financial and operating results on Thursday, November 5, 2026...

    The National Law Review•10/6/26•Neutral

    Press Release: Granite Ridge Resources Schedules Third Quarter 2026 Earnings Conference Call

    Granite Ridge Resources has scheduled its Third Quarter 2026 earnings conference call. The company invites interested parties to join the call to discuss its financial results and operational updates. Further details...

    Moomoo•10/6/26•Neutral

    GRNT Valuation and Fair Value

    P/E
    24.3x
    Forward P/E
    8.2x
    P/FCF
    -254.4x
    P/B
    1.2x
    See GNG's fair value

    GRNT Profitability: Margins, ROIC and FCF

    Gross margin
    78.2%
    Operating margin
    36.4%
    Net margin
    -5.8%
    ROIC
    -0.3%
    ROE
    -4.6%
    FCF margin
    -0.5%
    FCF yield
    -0.4%

    GRNT Competitors

    CompanyTicker
    Vital Energy Inc.VTLE
    Sable Offshore Corp.SOC
    Vitesse Energy IncVTS
    Vaalco Energy IncEGY
    GeoPark LtdGPRK
    Hallador Energy CompanyHNRG
    Obsidian Energy LtdOBE
    W&T Offshore IncWTI

    Sector: Energy

    GRNT Analyst Ratings

    Consensus
    Buy
    Analysts
    5
    Strong Buy
    0
    Buy
    3
    Hold
    2
    Sell
    0
    Strong Sell
    0

    GRNT Bull Case vs Bear Case

    Bull case

    • GRNT grew quarterly revenue 37.3% year over year.
    • 60.0% of GRNT's analyst ratings are Buy or Strong Buy.

    Bear case

    • GRNT has a -5.8% net profit margin.
    • GRNT beat EPS estimates in 25.0% of its last 8 reported quarters.

    GRNT Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -40.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.12
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 2 down

    GRNT Dividend

    Forward yield
    8.6%
    Payout ratio
    236.3%
    Pay months
    Mar, Jun, Sep, Dec
    GRNT dividend history

    Frequently Asked Questions About GRNT

    What is GRNT's current dividend yield?

    Granite Ridge Resources Inc (GRNT) has a forward dividend yield of 8.64%.

    Does GRNT pay dividends?

    Yes, Granite Ridge Resources Inc pays dividends with a forward dividend yield of 8.64%.

    What is GRNT's P/E ratio?

    Granite Ridge Resources Inc has a price-to-earnings (P/E) ratio of 24.26.

    What is GRNT's market cap?

    Granite Ridge Resources Inc (GRNT) has a market capitalization of $651.59M with a current stock price of $5.09.

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