Granite Ridge Resources, Inc GRNT · Stock Open Granite Ridge Resources, Inc in new tab
Granite Ridge Resources, Inc Analysis (GRNT)
Is Granite Ridge Resources, Inc a good investment? Granite Ridge Resources, Inc (GRNT) is currently trading at 4.79 USD. Market analysts have a consensus price target of 7.60 USD. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 33.39. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Granite Ridge Resources, Inc is expected to release its next earnings report on Aug. 6, 2026. The market consensus estimate for Forward EPS is 0.66.
For income investors, Granite Ridge Resources, Inc pays a dividend yield of 9.21%. With a payout ratio of -178%, the dividend appears sustainable.
Investor FAQ
Does Granite Ridge Resources, Inc pay a dividend?
Yes, it pays an annual dividend of 0.44 USD (9.21% yield).
What asset class is Granite Ridge Resources, Inc?
Granite Ridge Resources, Inc is classified as a Stock.
When is the next earnings date?
The next earnings date is projected to be Aug. 6, 2026. The company currently has a trailing EPS of -0.25.
Company Profile
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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.22 USD
|
| June 14, 2027 (estimated) | 0.1100 |
| March 15, 2027 (estimated) | 0.1100 |
| ▸2026 |
0.46 USD
|
| Dec. 15, 2026 (estimated) | 0.1306 |
| Sept. 15, 2026 (estimated) | 0.1100 |
| June 12, 2026 | 0.1100 |
| March 13, 2026 | 0.1100 |
| ▸2025 |
0.44 USD
|
| Dec. 15, 2025 | 0.1100 |
| Sept. 15, 2025 | 0.1100 |
| June 13, 2025 | 0.1100 |
| March 14, 2025 | 0.1100 |
| ▸2024 |
0.44 USD
|
| Dec. 16, 2024 | 0.1100 |
| Sept. 13, 2024 | 0.1100 |
| June 14, 2024 | 0.1100 |
| March 15, 2024 | 0.1100 |
| ▸2023 |
0.44 USD
|
| Dec. 15, 2023 | 0.1100 |
| Sept. 15, 2023 | 0.1100 |
| June 15, 2023 | 0.1100 |
| March 15, 2023 | 0.1100 |
| ▸2022 |
0.08 USD
|
| Dec. 15, 2022 | 0.0800 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Granite Ridge Resources, Inc | Jun 12, 2026 | Paid | 0.11 USD |
| Granite Ridge Resources, Inc | Mar 13, 2026 | Paid | 0.11 USD |
| Granite Ridge Resources, Inc | Dec 15, 2025 | Paid | 0.11 USD |
| Granite Ridge Resources, Inc | Sep 15, 2025 | Paid | 0.11 USD |
| Split Date | Split Ratio to 1 |
|---|---|
| March 26, 2021 | 2.499000 |
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