Granite Ridge Resources, Inc(GRNT)Earnings, Financials & Key Ratios

GRNT•NYSE

$4.46

24.8× P/E·Price updated Jul 7, 2026

SectorEnergy IndustryOil & Gas E&P Sub-IndustryNon-operated working interest aggregators

AboutGranite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. It invests in oil and gas exploration and production. The company is based in Dallas, Texas.Show more

Revenue$450M+18.5%
EBITDA$307M+30.1%
Net Income$24M+29.8%
EPS (Diluted)0.18+28.6%
Gross Margin27.13%-14.1%
EBITDA Margin68.14%+9.8%
Operating Margin20.24%+29.8%
Net Margin5.41%+9.6%
ROE3.92%+36.7%

GRNT Price & Volume

Granite Ridge Resources, Inc (GRNT) stock price & volume — 10-year historical chart

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Escalating Capital Intensity Challenges Dividend Sustainability Outlook

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Mixed

Profitability:Strained

Financial:Healthy

Cash Flow:Deteriorating

Primary Risk:Operator-driven capital intensity

Key Thesis Takeaways

Granite Ridge Resources faces a complex outlook characterized by significant volatility in non-operated production and a deteriorating free cash flow profile.
While the company has expanded its asset base to $1.2B, the reliance on third-party operators creates structural margin instability and earnings unpredictability.
Investors should monitor the sustainability of the 9.7% dividend yield against a backdrop of rising debt-to-equity ratios and persistent negative free cash flow.

Verdict Logic

the company's inability to generate positive free cash flow, coupled with a current ratio that has compressed to 0.93, suggests that the current dividend payout of $14.5M per quarter may be unsustainable.

GRNT Growth Metrics

Granite Ridge Resources, Inc (GRNT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years38.9%

3 Years-3.26%

TTM10.07%

Profit CAGR

10 Years-

5 Years-

3 Years-54.72%

TTM-363.18%

EPS CAGR

10 Years-

5 Years-

3 Years-54.96%

TTM-367.67%

Return on Capital

10 Years16.87%

5 Years23.96%

3 Years9.01%

Last Year9.08%

GRNT Recent Earnings

Granite Ridge Resources, Inc (GRNT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 5/12 qtrs (42%)●Beat Revenue 5/12 qtrs (45%)

Q2 2026Latest

May 7, 2026

Metric

Actual

Est

EPS

$0.02-77.8%

$0.09

Rev

$128M+1.3%

$127M

Q2 2026

Mar 5, 2026

Metric

Actual

Est

EPS

$0.01-90.0%

$0.10

Rev

$105M-9.9%

$117M

Q4 2025

Nov 6, 2025

Metric

Actual

Est

EPS

$0.09-35.7%

$0.14

Rev

$113M-6.7%

$121M

Q3 2025

Aug 7, 2025

Metric

Actual

Est

EPS

$0.11-15.4%

$0.13

Rev

$109M-3.5%

$113M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 7, 2026	$0.02vs $0.09-77.8%	$128Mvs $127M+1.3%
Q2 2026	Mar 5, 2026	$0.01vs $0.10-90.0%	$105Mvs $117M-9.9%
Q4 2025	Nov 6, 2025	$0.09vs $0.14-35.7%	$113Mvs $121M-6.7%
Q3 2025	Aug 7, 2025	$0.11vs $0.13-15.4%	$109Mvs $113M-3.5%

Based on last 12 quarters of dataView full earnings history →

Latest GRNT News

Recent stock market news and headlines for Granite Ridge Resources, Inc (GRNT)

Business Wire·1 day ago

Granite Ridge Resources Schedules Second Quarter 2026 Earnings Conference Call

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it will report its financial and operating results for the second quarter of 2026 on Thursday, August 6, 2026, after market close. The Company will host a webcast and conference call on Friday, August 7, 2026, at 10:00 a.m. central time to discuss its second quarter 2026 financial and operating results. The details are as follows: When: Friday, August 7, 2026, at 10:00 a.m.

Peers Comparison

Key metrics vs top competitors for Granite Ridge Resources, Inc (GRNT)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
GRNTGranite Ridge Resources, IncCurrent	$4.46	$588.26M	24.78	18.49%	5.41%	3.92%	9.91%
VTLEVital Energy, Inc.	$17.92	$693.32M	-3.78	26.15%	-69.28%	-74.84%	—
CIVICivitas Resources, Inc.	$27.38	$2.34B	3.24	49.76%	13.56%	9.55%	—
BATLBattalion Oil Corporation	$1.78	$29.72M	-0.79	-14.92%	-32.13%	-38.74%	—
TPVGTriplePoint Venture Growth BDC Corp.	$4.75	$192.85M	3.89	36.55%	-19.55%	-3.39%	—
DMLPDorchester Minerals, L.P.	$25.83	$1.25B	21.53	-5.38%	40.85%	22.11%	—

Compare GRNT vs Peers

Granite Ridge Resources, Inc (GRNT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VTLE

Most directly comparable listed peer for GRNT.

Scale Benchmark

vs XOM

Larger-name benchmark to compare GRNT against a more recognizable public peer.

Peer Set

Compare Top 5

vs VTLE, CIVI, BATL, TPVG

GRNT SEC Filings & Documents

Granite Ridge Resources, Inc (GRNT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 7, 2026·SEC

Material company update

Mar 5, 2026·SEC

Material company update

Feb 5, 2026·SEC

10-K Annual Reports

FY 2026

Mar 6, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Mar 8, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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GRNT Frequently Asked Questions

Granite Ridge Resources, Inc (GRNT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Granite Ridge Resources, Inc's revenue?

Granite Ridge Resources, Inc (GRNT) reported $455.6M in revenue for fiscal year 2025. This represents a 423% increase from $87.1M in 2020.

How fast is Granite Ridge Resources, Inc growing?

Granite Ridge Resources, Inc (GRNT) grew revenue by 18.5% over the past year. This is strong growth.

Is GRNT profitable?

Granite Ridge Resources, Inc (GRNT) reported a net loss of $32.5M for fiscal year 2025.

Dividend & Returns

Does GRNT pay dividends?

Yes, Granite Ridge Resources, Inc (GRNT) pays a dividend with a yield of 9.91%. This makes it attractive for income-focused investors.

What is GRNT's return on equity?

Granite Ridge Resources, Inc (GRNT) has a return on equity (ROE) of 3.9%. This is below average, suggesting room for improvement.

What is Granite Ridge Resources, Inc's free cash flow?

Granite Ridge Resources, Inc (GRNT) had negative free cash flow of $109.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in GRNT back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 7, 2026

$0.02vs $0.09-77.8%

$128Mvs $127M+1.3%

Q2 2026

Mar 5, 2026

$0.01vs $0.10-90.0%

$105Mvs $117M-9.9%

Q4 2025

Nov 6, 2025

$0.09vs $0.14-35.7%

$113Mvs $121M-6.7%

Q3 2025

Aug 7, 2025

$0.11vs $0.13-15.4%

$109Mvs $113M-3.5%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

GRNTGranite Ridge Resources, IncCurrent

$4.46

$588.26M

24.78

18.49%

5.41%

3.92%

9.91%

VTLEVital Energy, Inc.

$17.92

$693.32M

-3.78

26.15%

-69.28%

-74.84%

—

CIVICivitas Resources, Inc.

$27.38

$2.34B

3.24

49.76%

13.56%

9.55%

—

BATLBattalion Oil Corporation

$1.78

$29.72M

-0.79

-14.92%

-32.13%

-38.74%

—

TPVGTriplePoint Venture Growth BDC Corp.

$4.75

$192.85M

3.89

36.55%

-19.55%

-3.39%

—

DMLPDorchester Minerals, L.P.

$25.83

$1.25B

21.53

-5.38%

40.85%

22.11%

—