YOLFTbeta
Granite Ridge Resources Inc

Granite Ridge Resources Inc

GRNT · NYSE · Energy / Oil & Gas E&P

6.30USD-0.19 (-2.93%)

Price History

Full chart

Market Stats

Previous Close6.49
Open6.42
Day Range6.13 – 6.51
52-Week Range3.91 – 5.88
Volume1.86M
Market Cap585.64M
P/E (TTM)0.00
Forward P/E8.16
EPS-0.22
Dividend Yield9.69%
Beta0.17
50-Day Avg4.92
200-Day Avg5.03

About

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Tyler S. Farquharson
  • Employees6
  • Headquarters5217 McKinney Avenue, Dallas, TX, United States, 75205, USA
  • Websitehttps://www.graniteridge.com

Leadership

  • Mr. Tyler S. FarquharsonCEO & President · b. 1982
  • Ms. Kimberly A. WeimerChief Accounting Officer · b. 1979
  • Mr. R. Kyle Kettler CFAChief Financial Officer · b. 1971
  • Mr. James M. MastersVice President of Investor Relations
  • Ms. Emily Tubb Fuquay J.D.Corporate Secretary
  • Mr. Adam BrandauController

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue13.44M87.10M290.19M497.42M394.07M380.03M450.31M
Growth (%)-+548.05%+233.18%+71.41%-20.78%-3.56%+18.49%
Cost of Revenue11.11M107.01M139.06M181.05M248.89M260.00M328.16M
Gross Profit2.33M-19.91M151.13M316.37M145.18M120.03M122.15M
Gross Margin17.37%-22.86%52.08%63.60%36.84%31.59%27.13%
Operating Expense-3.34M15.19M7.90M14.22M54.59M60.78M31.01M
Operating Income5.68M-35.09M143.23M302.14M90.59M59.26M91.14M
Operating Margin42.23%-40.29%49.36%60.74%22.99%15.59%20.24%
EBITDA11.57M57.86M205.50M382.94M271.56M219.97M273.31M
EBITDA Margin86.06%66.43%70.82%76.98%68.91%57.88%60.70%
Net Income3.64M-23.93M108.46M262.34M81.10M18.76M24.35M
Net Income Margin27.08%-27.47%37.37%52.74%20.58%4.94%5.41%
Interest Expense665.89K1.84M2.38M1.99M5.32M18.47M25.50M
Interest Expense % of Total Revenue4.95%2.11%0.82%0.40%1.35%4.86%5.66%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-192.86M547.25M794.78M927.10M1.04B1.17B
Total Liabilities-14.43M72.32M130.53M255.46M401.13M562.31M
Total Equity-178.43M474.93M664.25M671.64M635.35M605.76M
Cash-2.64M11.85M50.83M10.43M9.42M14.85M
Total Debt-9.90M51.10M-110.00M205.00M367.83M
Net Debt-7.26M39.25M-50.83M99.57M195.58M352.99M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.43M66.81M5.47M346.39M302.87M275.73M296.41M
Investing Cash Flow8.15M-116.74M-194.01M-230.56M-356.68M-310.77M-409.81M
Financing Cash Flow-13.24M52.07M-27.30M-76.85M13.41M33.72M118.82M
Capital Expenditure3.97M117.39M219.29M234.69M359.20M346.99M419.26M
Free Cash Flow2.46M-50.58M-213.81M111.70M-56.33M-71.26M-122.84M
Dividends Paid7.24M12.88M22.00M10.66M58.59M57.49M57.69M
FCF to OCF38.23%-75.72%-3906.16%32.25%-18.60%-25.84%-41.44%
Dividend Paid to FCF294.76%-25.45%-10.29%9.55%-104.00%-80.68%-46.96%

Earnings

Report DateSep 17, 2020Nov 16, 2020Mar 31, 2021Jun 1, 2021Aug 13, 2021Nov 12, 2021Mar 30, 2022May 16, 2022Aug 15, 2022Nov 14, 2022Mar 27, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Mar 7, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Mar 6, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 6, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.000.000.000.000.000.00---0.540.470.310.170.240.200.100.140.140.160.200.130.140.100.120.060.12
EPS Actual0.000.00-0.010.04-0.030.020.000.08-0.320.360.420.210.190.210.200.120.130.14-0.090.220.110.090.010.020.09-
Surprise----------33.33%-10.64%-32.26%11.76%-12.50%0.00%20.00%-7.14%0.00%-156.25%10.00%-15.38%-35.71%-90.00%-83.33%50.00%-
Timing------After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap585.64M
Enterprise Value1.01B
Trailing P/E0.00
Forward P/E8.16
Price / Sales1.24
Price / Book1.06
EPS-0.22
Book Value4.26
Revenue (TTM)472.49M
Gross Profit (TTM)357.24M
EBITDA282.50M
Profit Margin-5.84%
Operating Margin36.45%
Return on Equity-4.58%
Return on Assets2.17%
Shares Outstanding131.90M
Shares Float72.75M
Beta0.17
Dividend Yield9.69%
Dividend Rate0.44
Payout Ratio2.10%

Analyst Ratings

Buy
Based on 5 analystsTarget 7.80
  • Strong Buy
    1
  • Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
74.12%
Insiders
10.87%
Retail / Other
15.01%

Top Institutional Holders

  • Grey Rock Energy Management, LLC
    55.27M41.90%
  • Hamilton Lane Advisors LLC
    6.76M5.13%
  • Utah Retirement Systems
    5.24M3.98%
  • BlackRock Inc
    4.71M3.57%
  • Dimensional Fund Advisors, Inc.
    3.94M2.99%
  • American Century Companies Inc
    3.11M2.36%
  • Vanguard Capital Management, LLC
    3.08M2.34%
  • Georgetown University
    3.08M2.33%
  • Geode Capital Management, LLC
    1.51M1.14%
  • Vanguard Portfolio Management, LLC
    1.48M1.12%
  • Arrowstreet Capital Limited Partnership
    1.13M0.86%
  • State Street Corp
    1.08M0.82%
  • AQR Capital Management LLC
    1.02M0.77%
  • Bank of New York Mellon Corp
    949.69K0.72%
  • Two Sigma Investments LLC
    928.71K0.70%
  • CWA Asset Management Group, LLC
    911.58K0.69%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    2.93M2.22%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.27M1.72%
  • iShares Russell 2000 ETF
    1.39M1.06%
  • Vanguard Energy ETF
    1.07M0.81%

Dividends

20263×
0.11Aug 28, 20260.11May 29, 20260.11Feb 27, 2026
20254×
0.11Nov 28, 20250.11Aug 29, 20250.11May 30, 20250.11Feb 28, 2025
20244×
0.11Nov 29, 20240.11Aug 30, 20240.11May 31, 20240.11Feb 29, 2024
20234×
0.11Nov 30, 20230.11Aug 31, 20230.11May 31, 20230.11Feb 28, 2023
20222×
0.08Dec 14, 20220.08Nov 30, 2022

Stock Splits

  • Mar 26, 20212499:1000