Granite Ridge Resources, Inc (GRNT) Stock

Granite Ridge Resources, Inc (GRNT) is a Energy stock trading at $5.18 (as of 2026-08-20), with a market capitalization of $683.24M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Granite Ridge Resources, Inc. manages private investment funds with interests in U.S. oil and gas plays, including the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville. The company invests in exploration and production and is based in Dallas, Texas.

Understand Granite Ridge Resources, Inc: how it makes money

Granite Ridge Resources manages private funds with oil and gas exploration and production interests across multiple shale plays, and it makes money through oil and natural gas revenues.

The company’s profit model is driven by realized oil and natural gas revenue (split between oil and natural gas), with realized hedge settlement effects that can decrease oil and gas revenues.

Revenue by segment (latest quarter)
Oil$0.1B
Natural Gas$0.0B

Business quality (Mixed): The disclosed business model is straightforward (upstream oil and natural gas revenue across several play interests), and the profit engine explicitly references realized hedge settlement effects. However, the provided KPI set shows several realized price fields as 0.0, which limits clarity on pricing and realization drivers.

Bull case

  • Multiple play interests: It manages fund interests in several producing areas, including the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play areas.
  • Operational profitability in the latest quarter: The latest-quarter operating margin is reported at 11.6%.

Bear case

  • Hedge settlements can reduce revenue: The segment candidates explicitly include a “Decrease to Oil and Gas Revenues from Realized Hedge Settlements,” indicating hedging can work against reported oil and gas revenue.
  • Pricing driver visibility is limited in the provided data: Several “Average Realized” and “Realized Pricing” KPI fields are shown as 0.0 in the provided set, which reduces interpretability of the pricing components.
Valuation — source: SEC EDGAR (first-party)
Price$5.18
Market Cap$683.24M
EV / EBITDA12.5
Price / Book1.21
Price / Sales1.32
Dividend Yield8.5%
DCF Value (model)$40.56
DCF Upside vs Price683.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$450.31M
Net Margin5.4%
Return on Equity-4.9%
Debt / Equity0.82
Current Ratio1.02
Revenue Growth (YoY)18.5%
EPS Growth (YoY)28.6%
Financial Health — source: SEC EDGAR
Altman Z-Score1.25 (distress)
Valuation vs Sector & Industry
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderGrey Rock Energy Management, LLC ($324.41M)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOTyler S. Farquharson
Employees3
CountryUS
IPO Date2020-11-06

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GRNT earnings history · GRNT institutional & insider holders · GRNT KPIs & operating metrics · GRNT financials · GRNT investor presentations & press releases · GRNT SEC filings · GRNT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.