GRNT

Granite Ridge Resources Inc

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Advanced Chart

4.890

+0.06(1.242%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

4.995

Open

4.860

VWAP

4.91

Vol

458.69K

Mkt Cap

641.14M

Low

4.860

Amount

2.25M

EV/EBITDA(TTM)

2.80

Total Shares

130.74M

844.74M

EV/OCF(TTM)

2.98

P/S(TTM)

1.52

Granite Ridge Resources, Inc. is a scaled energy company. The Company owns assets in six unconventional basins across the United States. It holds assets in the Permian (Delaware and Midland basins), Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ) and Appalachian basins (Properties). The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes the Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a natural gas basin located in northwestern Louisiana and east Texas. The DJ Basin is a geologic basin centered in eastern Colorado, stretching into southeast Wyoming, western Nebraska and western Kansas. The Appalachian Basin is a geologic basin in the eastern United States.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

119.74M

+12.63%

0.155

-8.82%

115.94M

+23.24%

0.152

+8.93%

108.78M

+19.93%

0.130

Estimates Revision

The market is revising Upward the revenue expectations for Granite Ridge Resources, Inc. (GRNT) for FY2025, with the revenue forecasts being adjusted by 1.38% over the past three months. During the same period, the stock price has changed by -0.81%.

Revenue Estimates for FY2025

Revise Upward

+1.38%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.37%

In Past 3 Month

Stock Price

Go Down

-0.81%

In Past 3 Month

3 Analyst Rating

38.45% Upside

Wall Street analysts forecast GRNT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRNT is 6.77 USD with a low forecast of 5.50 USD and a high forecast of 8.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

2 Hold

0 Sell

Moderate Buy

38.45% Upside

Current: 4.890

Low

5.50

Averages

6.77

High

8.80

38.45% Upside

Current: 4.890

Low

5.50

Averages

6.77

High

8.80

BofA

Noah Hungness

Neutral

maintain

2025-05-23

Reason

BofA

Noah Hungness

Price Target

2025-05-23

maintain

Neutral

Reason

BofA analyst Noah Hungness raised the firm's price target on Granite Ridge Resources to $5.50 from $5 and keeps a Neutral rating on the shares. The firm is updating its price targets on U.S. Oil and Gas stocks under its coverage following Q1 results, the analyst tells investors. BofA sees a bull case for oil starting with summer demand, but notes it is "tenuous at best" due to geopolitics. Additionally, the firm continues to see a cleaner set-up in dry natural gas but notes the upside in this sub-sector has compressed.

Stephens & Co.

Mike Scialla

Buy

Reiterates

2025-03-07

Reason

Stephens & Co.

Mike Scialla

Price Target

2025-03-07

Reiterates

Buy

Reason

Evercore ISI Group

Stephen Richardson

Hold

Maintains

$8 → $7

2024-09-30

Reason

Evercore ISI Group

Stephen Richardson

Price Target

$8 → $7

2024-09-30

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Granite Ridge Resources Inc (GRNT.N) is 8.91, compared to its 5-year average forward P/E of 6.50. For a more detailed relative valuation and DCF analysis to assess Granite Ridge Resources Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

6.50

Current PE

8.91

Overvalued PE

10.39

Undervalued PE

2.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

2.29

Current EV/EBITDA

2.80

Overvalued EV/EBITDA

3.73

Undervalued EV/EBITDA

0.85

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

1.00

Current PS

1.38

Overvalued PS

2.02

Undervalued PS

-0.01

Financials

Annual

Quarterly

FY2025Q1

YoY :

+38.13%

122.93M

Total Revenue

FY2025Q1

YoY :

+108.58%

42.42M

Operating Profit

FY2025Q1

YoY :

-39.53%

9.81M

Net Income after Tax

FY2025Q1

YoY :

-41.67%

0.07

EPS - Diluted

FY2025Q1

YoY :

+597.58%

-25.33M

Free Cash Flow

FY2025Q1

YoY :

+13.13%

53.78

Gross Profit Margin - %

FY2025Q1

YoY :

+663.95%

-22.46

FCF Margin - %

FY2025Q1

YoY :

-56.23%

7.98

Net Margin - %

FY2025Q1

YoY :

-63.71%

3.27

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

163.5K

USD

Months

3-6

127.0K

USD

Months

6-9

387.5K

USD

Months

0-12

467.7K

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

163.5K

USD

Months

3-6

127.0K

USD

Months

6-9

387.5K

USD

Months

0-12

467.7K

USD

Months

GRNT News & Events

Events Timeline

2025-06-12 (ET)

2025-06-12

10:18:54

Granite Ridge Resources reaffirms FY25 guidance

2025-06-12

09:13:01

Granite Ridge CEO Luke Brandenberg steps down, Tyler Farquharson succeeds

2025-05-08 (ET)

2025-05-08

16:41:08

Granite Ridge Resources sees FY25 production 28K-30K boe/d

News

1.0

08-06Newsfilter

EnerCom Announces Andrew Rapp, Senior Advisor in the U.S. Department of Energy, as Keynote Speaker on August 18th at EnerCom's 30th Anniversary Energy Investment Conference

1.0

07-31Newsfilter

Energy Transition Meets Emerging Tech on August 20th at EnerCom's 30th Anniversary Energy Investment Conference

1.0

07-14Newsfilter

EnerCom Denver Releases Full Presenter Lineup for Landmark 30th Energy Investment Conference