Granite Ridge Resources, Inc

Granite Ridge Resources, Inc

GRNTยทNYSE

$4.99

-0.40%
EnergyOil & Gas Exploration & Production

Granite 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.

At a Glance

Live Snapshot
Market Cap$658.16M
EPS0.1800
P/E Ratio27.72
Earnings Date08/06/2026
grnt

Granite Ridge Resources, Inc Street Expectations Map

GRNT ยท NYSE

Wall Street analysts project that GRNT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 11.00, with estimates ranging from a low of 11.00 to a high of 11.00.

Lowest Target
11.00
120.44%
Consensus Target
11.00
120.44%
Highest Target
11.00
120.44%

The consensus 1-year price target stands at 11.00, with estimates ranging from a low of 11.00 to a high of 11.00.

Analyst Consensus Analysis

Upside Potential

+120.4%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Granite Ridge Resources, Inc Forward Estimates of Revenue

GRNT ยท NYSE
Latest Revenue
450.31M
FY 2025
Avg Estimate
504.74M
FY 2026
Estimate Range
479.23M - 518.66M
Analyst Spread

Forward Growth Analysis

Projected Growth+12.1%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

grnt

Granite Ridge Resources, Inc Forward Estimates of Net Income

GRNT ยท NYSE
Latest Net Income
24.35M
FY 2025
Avg Estimate
60.12M
FY 2026
Estimate Range
56.36M - 63.88M
Analyst Spread

Forward Growth Analysis

Projected Growth+146.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

grnt

Granite Ridge Resources, Inc Forward Estimates of EPS

GRNT ยท NYSE
Latest EPS
0.18
FY 2025
Avg Estimate
$0.46
FY 2026
Estimate Range
$0.43 - $0.49
Analyst Spread

Forward Growth Analysis

Projected Growth+156.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Granite Ridge Resources, Inc Forward Estimates of EBIT

GRNT ยท NYSE
Latest EBIT
91.14M
FY 2025
Avg Estimate
109.16M
FY 2026
Estimate Range
103.64M - 112.17M
Analyst Spread

Forward Growth Analysis

Projected Growth+19.8%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Granite Ridge Resources, Inc Forward Estimates of EBITDA

GRNT ยท NYSE
Latest EBITDA
306.84M
FY 2025
Avg Estimate
344.25M
FY 2026
Estimate Range
326.86M - 353.75M
Analyst Spread

Forward Growth Analysis

Projected Growth+12.2%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

grnt

Granite Ridge Resources, Inc Forward Estimates of SG&A Expense

GRNT ยท NYSE
Latest SG&A Expense
31.01M
FY 2025
Avg Estimate
31.84M
FY 2026
Estimate Range
30.23M - 32.72M
Analyst Spread

Forward Growth Analysis

Projected Growth+2.7%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

grnt

Granite Ridge Resources, Inc Insider Positioning

GRNT ยท NYSE

During the last 12 months, insiders have purchased $1.39M worth of GRNT shares, with no selling activity reported.

3 Months

Bought

185.3K

993.38K

Sold

0

0.00

Net Activity

+993K

+$993K

3-6 Months

Bought

5.6K

29.62K

Sold

0

0.00

Net Activity

+30K

+$30K

6-9 Months

Bought

32.0K

167.69K

Sold

0

0.00

Net Activity

+168K

+$168K

9-12 Months

Bought

37.2K

198.98K

Sold

0

0.00

Net Activity

+199K

+$199K

Top Buyers

1
PG

Perry Griffin

Director

100.0K sharesโ€ข1 transactions

$549K

2
MMR

Miller Matthew Reade

Director

58.7K sharesโ€ข8 transactions

$309K

3
MJ

Mccartney John

Director

53.0K sharesโ€ข15 transactions

$282K

4
FT

Farquharson Tyler

Officer: President And Ceo

22.5K sharesโ€ข2 transactions

$117K

5
KRK

Kettler Ronald Kyle

Officer: Chief Financial Officer

14.0K sharesโ€ข3 transactions

$72K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.39M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Recent Trend (3 Months)

$993K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

5 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.