Granite Ridge Resources, Inc (GRNT)
$
5.74
+0.20 (3.48%)
Key metrics
Financial statements
Free cash flow per share
0.9860
Market cap
726.4 Million
Price to sales ratio
1.7547
Debt to equity
0.3959
Current ratio
1.1970
Income quality
12.3548
Average inventory
0
ROE
0.0190
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play, focusing on oil and gas exploration and production. The company reported selling, general, and administrative expenses of $24,649,000.00 indicating its operational overhead costs. In terms of its financial standing, the net total of other income and expenses is -$34,290,000.00 reflecting non-core financial activities that impact its overall profitability. Additionally, the operating expenses amount to $60,777,000.00 encompassing various operational costs incurred during its activities. The company reported depreciation and amortization expenses of $176,529,000.00 which reflect the wear and tear of its assets over time, underscoring the importance of asset management within its operations. The weighted average number of shares outstanding is 130,189,000.00 highlighting the company's shareholder base and its engagement with investors who are interested in the firm’s growth and strategies. Looking at its market positioning, the stock is affordable at $5.74 suitable for budget-conscious investors looking to enter the market. However, it is important to note that the stock has a low average trading volume of 507,860.00 indicating lower market activity, which might affect liquidity. With a market capitalization of $752,588,620.00 the company is classified as a small-cap player, making it a notable entity among smaller firms within the sector. As a key player in the Oil & Gas Exploration & Production industry, Granite Ridge Resources contributes significantly to the overall market landscape, driving innovation and growth. It belongs to the Energy sector, underscoring its role in fostering advancements within its field and appealing to investors focused on long-term potential and industry impact.
What is Granite Ridge Resources, Inc (GRNT)'s stock forecast?
Analysts predict Granite Ridge Resources, Inc stock to fluctuate between $4.52 (low) and $7.10 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Granite Ridge Resources, Inc's market capitalization?
As of 2025-05-27, Granite Ridge Resources, Inc's market cap is $752,588,620, based on 131,113,000 outstanding shares.
How does Granite Ridge Resources, Inc compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, Granite Ridge Resources, Inc has a Lower Market-Cap, indicating a difference in performance.
Does Granite Ridge Resources, Inc pay dividends?
Granite Ridge Resources, Inc pays dividends. The current dividend yield is 7.67%, with a payout of $0.11 per share.
How can I buy Granite Ridge Resources, Inc (GRNT) stock?
To buy Granite Ridge Resources, Inc (GRNT) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GRNT. Place an order (Market, Limit, etc.).
What is the best time to invest in Granite Ridge Resources, Inc?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Has Granite Ridge Resources, Inc stock ever split?
Granite Ridge Resources, Inc's last stock split was 2499:1000 on 2021-03-26.
How did Granite Ridge Resources, Inc perform in the last earnings report?
Revenue: $380,030,000 | EPS: $0.15 | Growth: -75.41%.
Where can I find Granite Ridge Resources, Inc's investor relations reports?
Visit https://www.graniteridge.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Granite Ridge Resources, Inc?
You can explore historical data from here
What is the all-time high and low for Granite Ridge Resources, Inc stock?
All-time high: $14 (2022-10-26) | All-time low: $4.52 (2025-04-07).
What are the key trends affecting Granite Ridge Resources, Inc stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants James Masters - Investor Relations Representative Luke Brandenberg - President and Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Phillips Johnston - Capital One John Annis - Texas Capital Noah Hungness - Bank of America Michael Scialla - Stephens Operator Good morning, and welcome to the Granite Ridge Resources First Quarter 2025 Earnings Conference Call. Currently, all participants are in a listen-only mode.
zacks.com
Granite Ridge Resources, Inc. (GRNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
The consensus price target hints at a 35.2% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
zacks.com
Granite Ridge Resources, Inc. (GRNT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
seekingalpha.com
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q4 2024 Earnings Conference Call March 7, 2025 11:00 AM ET Company Participants James Masters - IR Representative Luke Brandenberg - President and CEO Tyler Farquharson - CFO Conference Call Participants Michael Scialla - Stephens Derrick Whitfield - Texas Capital Noah Hungness - Bank of America John White - ROTH Capital Chris Baker - Evercore ISI Operator Good morning, and welcome everyone to Granite Ridge Resources Fourth Quarter and Full Year 2024 Earnings Conference Call. Currently, all participants are in listen-only mode.
zacks.com
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.20 per share a year ago.
zacks.com
Granite Ridge Resources, Inc. (GRNT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
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