Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
GRNT - Granite Ridge Resources, Inc.
Market Cap 1.01B P/E 3.70 EPS this Y -35.00% Ern Qtrly Grth -41.60%
Income 56.64M Forward P/E 7.83 EPS next Y 9.60% 50D Avg Chg 13.00%
Sales 371.05M PEG 7.14 EPS past 5Y - 200D Avg Chg 4.00%
Dividend 3.00% Price/Book 1.54 EPS next 5Y 1.60% 52W High Chg -47.00%
Recommedations 2.20 Quick Ratio 1.93 Shares Outstanding 130.74M 52W Low Chg 55.00%
Insider Own 52.10% ROA 7.59% Shares Float 54.07M Beta 0.17
Inst Own 34.01% ROE 8.63% Shares Shorted/Prior 2.56M/2.53M Price 7.44
Gross Margin 82.21% Profit Margin 15.31% Avg. Volume 207,319 Target Price 7.56
Oper. Margin 24.75% Earnings Date Aug 8 Volume 242,352 Change 3.05%
Energy | Oil & Gas E&P | United States
About Granite Ridge Resources, Inc.

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

Granite Ridge Resources, Inc. News
11/12/24 Granite Ridge Resources (NYSE:GRNT) Might Be Having Difficulty Using Its Capital Effectively
11/07/24 Granite Ridge Resources, Inc. Reports Third-Quarter 2024 Results and Declares Quarterly Cash Dividend
10/22/24 Is The Market Rewarding Granite Ridge Resources, Inc. (NYSE:GRNT) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
10/11/24 Granite Ridge Resources Schedules Third Quarter 2024 Earnings Conference Call
10/02/24 Private equity firms account for 57% of Granite Ridge Resources, Inc.'s (NYSE:GRNT) ownership, while institutions account for 27%
09/17/24 Sidoti Events, LLC's Virtual September Small-Cap Conference
09/11/24 Is There An Opportunity With Granite Ridge Resources, Inc.'s (NYSE:GRNT) 29% Undervaluation?
08/26/24 Granite Ridge Resources (NYSE:GRNT) Is Paying Out A Dividend Of $0.11
08/15/24 There May Be Some Bright Spots In Granite Ridge Resources' (NYSE:GRNT) Earnings
08/14/24 Unveiling 3 Top Undervalued Small Caps In United States With Insider Buying
08/12/24 EnerCom's 29th Annual Energy Investment Conference is Set to be Held August 18-21, 2024 in Denver, Colorado
08/12/24 Granite Ridge Resources (NYSE:GRNT) Is Due To Pay A Dividend Of $0.11
08/08/24 Granite Ridge Resources, Inc. Reports Second-Quarter 2024 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2024
08/01/24 Earnings Preview: Granite Ridge Resources, Inc. (GRNT) Q2 Earnings Expected to Decline
07/29/24 Investor One-on-One Meeting Requests Open for 29th Annual EnerCom Denver - The Energy Investment Conference, to be held August 18-21, 2024 in Denver, Colorado
07/17/24 Presentation Times and Schedule for Participating Companies Now Posted on the Conference Website for 29th Annual EnerCom Denver - The Energy Investment Conference
07/12/24 Granite Ridge Resources Schedules Second Quarter 2024 Earnings Conference Call
06/27/24 Exploring Undervalued Small Caps With Insider Buying In The United States June 2024
06/24/24 The 29th Annual EnerCom Denver - The Energy Investment Conference to Host The Energy Transition and Emerging Technology Session Featuring Start-Up Energy and Technology Companies
06/11/24 Sidoti Events, LLC's Virtual June Small-Cap Conference
GRNT Chatroom

User Image StockElementCorporation Posted - 5 hours ago

$GRNT - Up +7%

User Image StockElementCorporation Posted - 2 days ago

$GRNT - Director purchased 1,000 shares of Granite Ridge Resources Inc at average price $6.59

User Image Shlobby Posted - 2 days ago

$GRNT has the look

User Image vjtweet Posted - 2 days ago

$GRNT sector looking good.

User Image CEOBuysDisclosures Posted - 3 days ago

$GRNT CEO purchased 5,000 shares at $6.50 for a total of $32,500. Brandenberg Luke C now owns 96,633 shares. https://ceo-buys.com

User Image UncleStock Posted - 6 days ago

$REI $GRNT $PARR $HPK suggested for Energy - value screen: https://zpr.io/KRCjJbmMXYBP

User Image Shlobby Posted - 6 days ago

$Grnt watch this one looks like it wants higher

User Image WAYN101bank Posted - 1 week ago

$GRNT @CiscoSystems

User Image DuckofPaducah Posted - 1 week ago

@MustBeGreat exactly, and another E&P to compare is $GRNT based in Dallas with 2 employees. Check out their rev, it actually pays a fat ass dividend. $REI has 3X as much as debt as Granite so really, its the debt thats still killing this stock in my view

User Image UncleStock Posted - 2 weeks ago

$ARLP $GRNT $AMR $NRP suggested for Energy - value screen: https://zpr.io/KRCjJbmMXYBP

User Image UncleStock Posted - 10/23/24

$GRNT $AMR $NRP $HPK suggested for Energy - value screen: https://zpr.io/KRCjJbmMXYBP

User Image UncleStock Posted - 1 month ago

$MED $OPFI $FF $GRNT suggested for $NYA US NYSE Composite - value screen: https://zpr.io/tmquS

User Image WeeklyTrader Posted - 1 month ago

Who's feeling bullish on $GRNT? RSI: 50.23% 50-day MA: $6.22 200-day MA: $6.24

User Image UncleStock Posted - 1 month ago

$GRNT $AMR $NRP $HPK suggested for Oil, Gas and Coal - value screen: https://zpr.io/Zp54RdL3vf6v

User Image UncleStock Posted - 1 month ago

$MED $OPFI $GRNT $FF suggested for $NYA US NYSE Composite - value screen: https://zpr.io/tmquS

User Image UncleStock Posted - 1 month ago

$GRNT $AMR $NRP $HPK suggested for Oil, Gas and Coal - value screen: https://zpr.io/Zp54RdL3vf6v

User Image UncleStock Posted - 1 month ago

$GRNT $AMR $NRP $HPK suggested for Energy - value screen: https://zpr.io/KRCjJbmMXYBP

User Image UncleStock Posted - 1 month ago

$MED $SIGA $GCT $GRNT suggested for Uncle's finest - value screen: https://zpr.io/tdAdrCVaxTnP

User Image UncleStock Posted - 1 month ago

$GRNT $AMR $NRP $HPK suggested for Oil, Gas and Coal - value screen: https://zpr.io/Zp54RdL3vf6v

User Image UncleStock Posted - 09/30/24

$GRNT $AMR $NRP $HPK suggested for Oil, Gas and Coal - value screen: https://zpr.io/Zp54RdL3vf6v

User Image Amu23 Posted - 09/26/24

$GRNT looks like it’s time to add again

User Image UncleStock Posted - 09/24/24

$MED $OPFI $FF $GRNT suggested for $NYA US NYSE Composite - value screen: https://zpr.io/tmquS

User Image Channelchek Posted - 09/24/24

Granite Ridge VP, Corporate Development & IR Michael Ott is scheduled to present at Noble Capital Markets Basic Industries Virtual Investor Conference, September 25-26. Attendee Registration is Free. $GRNT https://www.meetmax.com/sched/event_108041/investor_reg_new.html?attendee_role_id=NOBLE_INVESTOR

User Image UncleStock Posted - 09/22/24

$GRNT $AMR $NRP $HPK suggested for Energy - value screen: https://zpr.io/KRCjJbmMXYBP

User Image insiderbuyingselling Posted - 2 months ago

$GRNT new insider buying: 495 shares. http://insiderbuyingselling.com/?t=GRNT

User Image MaxAlpha Posted - 2 months ago

$GRNT the Div hit my account. Now just need oil prices to move up. Like seeing the Managements commitment with continued buys

User Image insiderbuyingselling Posted - 2 months ago

$GRNT new insider buying: 5000 shares. http://insiderbuyingselling.com/?t=GRNT

User Image UncleStock Posted - 2 months ago

$GRNT $AMR $NRP $HPK suggested for Oil, Gas and Coal - value screen: https://zpr.io/Zp54RdL3vf6v

User Image UncleStock Posted - 2 months ago

$GRNT $AMR $NRP $FANG suggested for Energy - value screen: https://zpr.io/KRCjJbmMXYBP

User Image UncleStock Posted - 08/29/24

$MED $OPFI $FF $GRNT suggested for $NYA US NYSE Composite - value screen: https://zpr.io/tmquS

Analyst Ratings
Evercore ISI Group In-Line Sep 30, 24
B of A Securities Neutral Jun 14, 24
Roth MKM Buy May 15, 24
Evercore ISI Group In-Line Apr 29, 24
B of A Securities Buy Nov 7, 23
Stephens & Co. Overweight Sep 27, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Miller Matthew Reade Director Director Dec 12 Buy 5.93 2,600 15,418 615,671 12/13/23
MCCARTNEY JOHN Director Director Nov 27 Buy 6.12 500 3,060 28,064 11/28/23
MCCARTNEY JOHN Director Director Nov 22 Buy 6.21 1,500 9,315 27,564 11/27/23
MCCARTNEY JOHN Director Director Nov 20 Buy 6.25 500 3,125 26,064 11/21/23
MCCARTNEY JOHN Director Director Nov 17 Buy 6.23 500 3,115 25,564 11/20/23
MCCARTNEY JOHN Director Director Nov 16 Buy 6.13 500 3,065 25,064 11/17/23
Farquharson Tyler Chief Financial Offi.. Chief Financial Officer Nov 14 Buy 6.03 2,500 15,075 48,186 11/15/23
Miller Matthew Reade Director Director Sep 18 Buy 5.77 17,284 99,729 613,071 09/19/23
GREP GP III, LLC 10% Owner 10% Owner Sep 15 Sell 5 8,165,000 40,825,000 38,563,817 09/15/23
Brandenberg Luke C President and CEO President and CEO Sep 15 Buy 5.00 10,000 50,000 49,820 09/15/23
Farquharson Tyler Chief Financial Offi.. Chief Financial Officer Sep 15 Buy 5.00 10,000 50,000 45,686 09/15/23
MCCARTNEY JOHN Director Director Jun 07 Buy 5.95 1,000 5,950 23,564 06/08/23
MCCARTNEY JOHN Director Director Jun 05 Buy 6.08 1,000 6,080 21,564 06/06/23
Perry Griffin Director Director May 31 Buy 5.47 600 3,282 503,728 05/31/23
Miller Matthew Reade Director Director May 30 Buy 5.85 4,000 23,400 540,312 05/31/23