Granite Ridge Resources, Inc. manages private funds with interests in the Midland, Delaware, Bakken, Eagle Ford, DJ and Haynesville areas. The company is headquartered in Boston, Massachusetts.
| Revenue (TTM) | $472.49M |
| Gross Profit (TTM) | $357.24M |
| EBITDA | $282.50M |
| Operating Margin | 36.40% |
| Return on Equity | -4.58% |
| Return on Assets | 2.17% |
| Revenue/Share (TTM) | $3.62 |
| Book Value | $4.26 |
| Price-to-Book | 1.06 |
| Price-to-Sales (TTM) | 1.52 |
| EV/Revenue | 2.043 |
| EV/EBITDA | 4.56 |
| Quarterly Earnings Growth (YoY) | 19.70% |
| Quarterly Revenue Growth (YoY) | 37.30% |
| Shares Outstanding | $131.90M |
| Float | $72.74M |
| % Insiders | 10.88% |
| % Institutions | 75.50% |
Volatility is currently expanding
The consensus price target hints at a 58.7% 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.
Granite Ridge's lease operating expenses increased to over $10 per BOE in Q2 2026, up 33% from Q4 2025. It is dealing with higher saltwater disposal costs and higher contract labor costs. Increased production and cost management efforts should bring its per BOE costs down in 2H 2026 and 2027.
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that affiliates of Grey Rock Investment Partners (“Grey Rock”) have distributed 14,000,000 shares of Granite Ridge common stock to the limited partners of Grey Rock Energy Fund III-A, LP, Grey Rock Energy Fund III-B, LP, and Grey Rock Energy Fund III-B Holdings, LP.Following the distribution, Grey Rock and its affiliates beneficially own approximately 39% of Granite Ridge's outs.
Investors need to pay close attention to GRNT stock based on the movements in the options market lately.
Granite Ridge Resources, Inc. (GRNT) Q2 2026 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript
Granite Ridge Resources, Inc. (GRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript
Granite Ridge's lease operating expenses per BOE increased by 24% quarter-over-quarter, or 15% after excluding non-recurring charges. Much of the increase was driven by higher Permian saltwater disposal costs. Granite Ridge does expect its lease operating expenses to trend lower later in 2026.
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