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Granite Ridge Resources (GRNT) Stock

Profile

Sector:

Energy

Country:

United States

IPO:

06 November 2020

Indexes:

Not included

Description:

Granite Ridge Resources (GRNT) is an oil and gas company focused on acquiring and developing natural resources. They operate primarily in the United States, leveraging advanced technology and expertise to optimize production and enhance value for shareholders while promoting sustainable practices in the energy sector.

Key Details

Price

$6.53

TTM Dividend Yield

6.74%(+27.41% YoY)

PE Ratio

18.13(+77.22% YoY)

Beta

0.80

Events Calendar

Earnings

Next earnings date:

Mar 07, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Mar 07, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 29, 2024
Splits

Next split:

N/A

Recent split:

Mar 26, 2021

Analyst ratings

Recent major analysts updates

30 Sept '24 Evercore ISI Group
In-Line
14 June '24 B of A Securities
Neutral
15 May '24 Roth MKM
Buy
29 Apr '24 Evercore ISI Group
In-Line
07 Nov '23 B of A Securities
Buy
27 Sept '23 Stephens & Co.
Overweight

Market Data

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Institutional Ownership

Granite Ridge Resources, Inc. (GRNT) Q3 2024 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q3 2024 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q3 2024 Earnings Call Transcript
GRNT
seekingalpha.com08 November 2024

Granite Ridge Resources, Inc. (NYSE:GRNT ) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants James Masters - Investor Relations Representative Luke Brandenberg - President and Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Noah Hungness - Bank of America Michael Scialla - Stevens Inc Phillips Johnston - Capital One Jeff Robertson - Water Tower Research Operator Good morning, and welcome everyone to Granite Ridge Resources Third Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode.

Granite Ridge Resources, Inc. (GRNT) Beats Q3 Earnings Estimates
Granite Ridge Resources, Inc. (GRNT) Beats Q3 Earnings Estimates
Granite Ridge Resources, Inc. (GRNT) Beats Q3 Earnings Estimates
GRNT
zacks.com07 November 2024

Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.21 per share a year ago.

Granite Ridge Resources Schedules Third Quarter 2024 Earnings Conference Call
Granite Ridge Resources Schedules Third Quarter 2024 Earnings Conference Call
Granite Ridge Resources Schedules Third Quarter 2024 Earnings Conference Call
GRNT
businesswire.com11 October 2024

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it will report financial and operating results for the third quarter of 2024 on Thursday, November 7, 2024, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, November 8, 2024, at 10:00 a.m. Central time to discuss its third quarter 2024 financial and operating results. Third Quarter 2024 Earnings Con.

Granite Ridge Resources, Inc. (GRNT) Q2 Earnings and Revenues Miss Estimates
Granite Ridge Resources, Inc. (GRNT) Q2 Earnings and Revenues Miss Estimates
Granite Ridge Resources, Inc. (GRNT) Q2 Earnings and Revenues Miss Estimates
GRNT
zacks.com08 August 2024

Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.

Granite Ridge Resources: Balancing Production Growth With Increasing Debt
Granite Ridge Resources: Balancing Production Growth With Increasing Debt
Granite Ridge Resources: Balancing Production Growth With Increasing Debt
GRNT
Seeking Alpha04 April 2024

Granite Ridge is projected to generate $16 million in free cash flow in 2024 before dividends.

Granite Ridge Resources, Inc. (GRNT) Q4 2023 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q4 2023 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q4 2023 Earnings Call Transcript
GRNT
Seeking Alpha08 March 2024

Granite Ridge Resources, Inc. (NYSE:GRNT ) Q4 2023 Earnings Conference Call March 8, 2024 11:00 AM ET Company Participants Wes Harris - Investor Relations Representative Luke Brandenberg - President & Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Michael Scialla - Stephens John Abbott - Bank of America Operator Good morning, and welcome everyone to Granite Ridge Resources Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Granite Ridge Resources Pre Announces Q4 Beat And Offers Positive Operations Update
Granite Ridge Resources Pre Announces Q4 Beat And Offers Positive Operations Update
Granite Ridge Resources Pre Announces Q4 Beat And Offers Positive Operations Update
GRNT
Seeking Alpha05 February 2024

Granite Ridge Resources provided an update on recent divestitures and acquisitions. Announced much better than expected 4Q23 volumes.

Granite Ridge Resources Provides an Operational Update, Releases Select Preliminary Fourth-Quarter 2023 Results, and Schedules Earnings Results Conference Call for March 8, 2024, at 10:00 a.m. Central Time
Granite Ridge Resources Provides an Operational Update, Releases Select Preliminary Fourth-Quarter 2023 Results, and Schedules Earnings Results Conference Call for March 8, 2024, at 10:00 a.m. Central Time
Granite Ridge Resources Provides an Operational Update, Releases Select Preliminary Fourth-Quarter 2023 Results, and Schedules Earnings Results Conference Call for March 8, 2024, at 10:00 a.m. Central Time
GRNT
Business Wire02 February 2024

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today provided an operational update and released select preliminary fourth-quarter 2023 results. The Company also provided details for the Company's fourth-quarter and full-year 2023 earnings release and conference call below. Vital Asset Sale On December 21, 2023, Granite Ridge closed on the sale of certain of its Permian Basin assets to Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy”) for c.

Granite Ridge Resources, Inc. (GRNT) Q3 2023 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q3 2023 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q3 2023 Earnings Call Transcript
GRNT
Seeking Alpha12 November 2023

Granite Ridge Resources, Inc. (NYSE:GRNT ) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Wes Harris - IR Representative Luke Brandenberg - Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Michael Ciello - Stephens Inc. John Abbott - Bank of America Jeff Robertson - Water Tower Research Operator Good morning. My name is Rob and I will be your conference operator today.

Buy These 4 Low-Beta Stocks to Counter Market Volatility
Buy These 4 Low-Beta Stocks to Counter Market Volatility
Buy These 4 Low-Beta Stocks to Counter Market Volatility
GRNT
Zacks Investment Research12 October 2023

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Otter Tail (OTTR), Vipshop (VIPS) and Huron (HURN) are well-poised to gain.

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  • 1(current)
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FAQ

  • What is the primary business of Granite Ridge Resources?
  • What is the ticker symbol for Granite Ridge Resources?
  • Does Granite Ridge Resources pay dividends?
  • What sector is Granite Ridge Resources in?
  • What industry is Granite Ridge Resources in?
  • What country is Granite Ridge Resources based in?
  • When did Granite Ridge Resources go public?
  • Is Granite Ridge Resources in the S&P 500?
  • Is Granite Ridge Resources in the NASDAQ 100?
  • Is Granite Ridge Resources in the Dow Jones?
  • When was Granite Ridge Resources's last earnings report?
  • When does Granite Ridge Resources report earnings?
  • Should I buy Granite Ridge Resources stock now?

What is the primary business of Granite Ridge Resources?

Granite Ridge Resources (GRNT) is an oil and gas company focused on acquiring and developing natural resources. They operate primarily in the United States, leveraging advanced technology and expertise to optimize production and enhance value for shareholders while promoting sustainable practices in the energy sector.

What is the ticker symbol for Granite Ridge Resources?

The ticker symbol for Granite Ridge Resources is NYSE:GRNT

Does Granite Ridge Resources pay dividends?

Yes, Granite Ridge Resources pays dividends. The last payment was $0.11, with an ex-dividend date on 29 November 2024

What sector is Granite Ridge Resources in?

Granite Ridge Resources is in the Energy sector

What industry is Granite Ridge Resources in?

Granite Ridge Resources is in the Oil & Gas Equipment & Services industry

What country is Granite Ridge Resources based in?

Granite Ridge Resources is headquartered in United States

When did Granite Ridge Resources go public?

Granite Ridge Resources's initial public offering (IPO) was on 06 November 2020

Is Granite Ridge Resources in the S&P 500?

No, Granite Ridge Resources is not included in the S&P 500 index

Is Granite Ridge Resources in the NASDAQ 100?

No, Granite Ridge Resources is not included in the NASDAQ 100 index

Is Granite Ridge Resources in the Dow Jones?

No, Granite Ridge Resources is not included in the Dow Jones index

When was Granite Ridge Resources's last earnings report?

Granite Ridge Resources's most recent earnings report was on 7 November 2024

When does Granite Ridge Resources report earnings?

The next expected earnings date for Granite Ridge Resources is 7 March 2025

Should I buy Granite Ridge Resources stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions