Granite Ridge Resources, Inc (GRNT) AI Stock Analysis

Granite Ridge Resources, Inc. operates as a non-operated oil and gas exploration and production company, focusing on investing in a diverse portfolio of production assets and high-quality acreage across multiple prolific U.S. basins. Headquartered in Dallas, Texas, the firm partners with operators in the Permian Basin and four other prominent basins across the United States. This collaborative approach allows Granite Ridge Resources to leverage partner expertise and operational capabilities while participating in oil and gas development and production. The firm prioritizes securing top-tier acreage, optimizing production activities, and mitigating risk across multiple basins.

Granite Ridge Resources generated revenue of $450.3M in FY2025, an 18.5% increase following declines of 20.8% in FY2023 and 3.6% in FY2024. Operating margin stood at 20.2% in FY2025, compared to 60.7% in FY2022 and 15.6% in FY2024. FY2025 net income was $24.4M, translating to EPS of $0.43 and a net margin of 5.4%. For the trailing twelve months ending June 30, 2026, revenue totaled $472.5M with an operating margin of 36.4%, but a net profit margin of -5.8% and EPS of -$0.22. In the latest quarter ended June 30, 2026, quarterly revenue grew 37.3% year-over-year, while quarterly earnings grew 19.7%.

As of June 30, 2026, Granite Ridge Resources held $44.1M in cash and short-term investments against total debt of $462.1M, resulting in net debt of $418.0M. Shareholders' equity was $562.4M, supported by total assets of $1.24B. The debt-to-equity ratio was 0.82 and the current ratio was 1.02. In FY2025, the company generated $296.4M in operating cash flow but recorded free cash flow of -$122.8M after capital expenditures of $419.3M. Cash allocation in FY2025 also included $57.7M in dividends paid and $16,000 in share buybacks.

At $5.45 per share, Granite Ridge Resources has a market capitalization of $718.9M and an enterprise value of $1.01B. The stock trades at a forward P/E of 8.2x, below the 12.7x median of its US-listed Energy peers. Its EV/EBITDA multiple is 4.6x compared to the peer median of 8.0x, and its price-to-sales ratio is 1.5x against the peer median of 1.8x. Over the past year, GRNT gained 13.1%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock dropped 24.9% while the S&P 500 gained 83.0%.

Granite Ridge Resources pays a quarterly dividend with an annual forward payout of $0.44 per share, representing a dividend yield of 8.07%. The payout ratio is 2.1%, and the company has paid dividends for 5 consecutive years. Its most recent ex-dividend date was August 28, 2026.

Wall Street coverage includes 3 Strong Buy and 2 Hold ratings, with no Buy, Sell, or Strong Sell recommendations. The mean price target is $7.80, which sits 43.1% above the last close of $5.45. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $593.3M and EPS of $0.46. For the next fiscal year, 4 analysts estimate revenue of $612.0M and EPS of $0.83. The company has beat EPS estimates in 1 of the last 4 quarters. The next earnings date is November 5, 2026.

This page is an AI-written research summary of Granite Ridge Resources, Inc (GRNT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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