Stocks · Energy · Oil & Gas Exploration & Production

Granite Ridge Resources, Inc GRNT

$4.47 +1.59% Close, Oct 2, 2026 · NYSE · Market cap $589.6M

Weak trend

Next earnings report: Nov 5, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $-0.21, down 186.0% year over year.
  2. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
  3. Revenue over the last four quarters was $495.7M, up 14.6% from a year earlier, accelerating from 10.1% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth28Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 41%
  • EPS growth (TTM, YoY)Bottom 11%
  • Revenue growth, 3-year CAGRBottom 41%
  • Revenue growth accelerationTop 50%
Quality65Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 49%
  • Gross marginBottom 43%
  • Operating marginTop 39%
  • Accruals (lower is better)Top 5%
  • Net debt / EBITDA (lower is better)Bottom 29%
  • Interest coverTop 38%
Value33Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 19%
  • Free-cash-flow yieldBottom 12%
  • EBITDA / enterprise valueTop 28%
  • Sales / enterprise valueTop 42%
Momentum16Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 17%
  • 6-month returnBottom 21%
  • 1-year return vs S&P 500Bottom 17%
  • Distance from 52-week highBottom 37%
  • Trend checklist (0–4)Bottom 18%
Revisions41Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 20%
  • Consecutive EPS beatsTop 50%
  • Share of analysts rating BuyBottom 19%
  • Upside to consensus price targetTop 5%
Stability49Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 38%
  • Maximum drawdown, 3 yearsTop 33%
  • Beta vs S&P 500 (lower is better)Bottom 47%
  • Net debt / EBITDA (lower is better)Bottom 29%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)10.1%14.6%↑
EPS growth (YoY)-367.7%-186.0%↑
Gross margin46.5%27.4%↓
Operating margin18.7%18.8%↑
FCF margin-23.7%-15.4%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)14.6%10.1%↑Top 41%
EPS growth (TTM, YoY)-186.0%-367.7%↑Bottom 11%
Gross margin27.4%46.5%↓Bottom 43%
Operating margin18.8%18.7%↑Top 39%
Net margin-5.6%7.5%↓—
Free-cash-flow margin-15.4%-23.7%↑—
Return on invested capital6.5%—Bottom 49%
Revenue growth, 3-year CAGR-3.3%—Bottom 41%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-22.9%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+17.1 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.81×
Interest cover (operating income / interest)How many times operating profit covers interest.
6.1×

Shareholder returns

Dividend yield (dividends paid, TTM)
9.81%
Net buyback yield (TTM)
0.01%
Shareholder yield
9.82%
Share count change, 1 year
+0.2%
Share count change, 3-year CAGR
-0.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
3 of 8
Average EPS surprise, last 4
-45.9%
Average 2-day reaction, last 8
-0.1%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$10.00
Target vs current price
+123.7%
Analysts with a rating
3
Share rating Buy or Strong Buy
33%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 6, 2026+19.8%+0.6%+10.4%+11.4%—
May 7, 2026-77.8%-1.8%-9.5%-12.5%-16.0%
Mar 5, 2026-90.0%+1.5%-3.6%+8.2%-7.6%
Nov 6, 2025-35.7%+2.3%-3.4%+0.9%-5.1%
Aug 7, 2025-15.4%-0.2%+11.0%+10.8%+6.3%
May 8, 2025+10.0%+2.8%+13.9%+17.1%-3.6%
Mar 6, 2025+21.4%-5.7%-1.2%+9.6%+0.2%
Nov 7, 2024+0.0%-0.2%+2.8%-1.7%-2.4%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 6, 2026$0.09$0.08+19.8%$149.3M
May 7, 2026$0.02$0.09-77.8%$128.3M
Mar 5, 2026$0.01$0.10-90.0%$105.5M
Nov 6, 2025$0.09$0.14-35.7%$112.7M
Aug 7, 2025$0.11$0.13-15.4%$109.2M
May 8, 2025$0.22$0.20+10.0%$122.9M
Mar 6, 2025$0.17$0.14+21.4%$106.3M
Nov 7, 2024$0.14$0.14+0.0%$94.1M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (forward)9.0×———
EV / EBITDA6.8×——Top 28%
EV / Sales2.03×——Top 42%
Free-cash-flow yield-12.93%——Bottom 12%
Earnings yield-4.70%——Bottom 19%

P/E over the past five years

Range 2.9× – 452.1× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-19.5%
Earnings per share growth (TTM)
-186.0%
Change in P/E multiple
-28.8%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+1.6%
200-day average slope (20 days)
-0.8%
Distance from 50-day average
-8.4%
Distance from 200-day average
-10.7%
RSI (14)
37.3
Relative volume
0.78×

Risk and drawdowns

Volatility, 60 days (annualized)
34.6%
Volatility vs own 5-year history
44th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.50
Correlation with S&P 500
0.18
Current drawdown from 1-year high
-26.8%
Maximum drawdown, 3 years
-40.3%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jan 22, 2021Jan 7, 2026-59.1%1245 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$589.6M
EPS, diluted (TTM)
-$0.21
Revenue (TTM)
$495.7M
Dividend yield
9.84%
52-week range
$4.18 – $6.15
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$290.2M$497.4M$394.1M$380.0M$450.3M
Gross profit$151.1M$316.4M$145.2M$120.0M$122.1M
Operating income$143.2M$302.1M$90.6M$59.3M$91.1M
Net income$108.5M$262.3M$81.1M$18.8M$24.4M
EPS (diluted)$0.82$1.97$0.61$0.14$0.18
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$94.1M$106.3M$122.9M$109.2M$112.7M$105.5M$128.3M$149.3M
Net income$9.1M-$11.6M$9.8M$25.1M$14.5M-$25.1M-$47.0M$30.0M
EPS (diluted)$0.07-$0.09$0.07$0.19$0.11-$0.19-$0.36$0.23
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$181.2M$346.4M$302.9M$275.7M$296.4M
Capital expenditure-$219.3M-$234.7M-$359.2M-$347.0M-$419.3M
Free cash flow-$38.1M$111.7M-$56.3M-$71.3M-$122.8M
Dividends paid-$51.1M-$10.7M-$58.6M-$57.5M-$57.7M
Net share buybacks$0$6.6M-$35.3M-$442,000-$16,000

Cash outflows are shown as negative numbers.

Cash and short-term investments
$44.1M
Total assets
$1.24B
Total liabilities
$675.2M
Total debt
$462.1M
Net debt
$418.0M
Shareholders’ equity
$562.4M

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Aug 28, 2026$0.11Sep 14, 2026
May 29, 2026$0.11Jun 12, 2026
Feb 27, 2026$0.11Mar 13, 2026
Nov 28, 2025$0.11Dec 15, 2025
Aug 29, 2025$0.11Sep 15, 2025
May 30, 2025$0.11Jun 13, 2025
Feb 28, 2025$0.11Mar 14, 2025
Nov 29, 2024$0.11Dec 16, 2024

Short interest

Shares sold short
5,952,349
Days to cover
2.95
Change vs previous report
+17.7%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Mar 26, 2021
2,499-for-1,000