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Granite Ridge Resources Inc

Energy US GRNT

4.99USD
-0.02(0.40%)

Last update at 2026-06-03T20:00:00Z

Day Range

4.955.08
LowHigh

52 Week Range

4.096.31
LowHigh

Fundamentals

  • Previous Close 5.01
  • Market Cap672.72M
  • Volume913949
  • P/E Ratio28.33
  • Dividend Yield8.87%
  • EBITDA333.80M
  • Revenue TTM427.91M
  • Revenue Per Share TTM3.28
  • Gross Profit TTM 337.85M
  • Diluted EPS TTM0.18

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 32.11M 24.97M 105.58M 275.19M 3.77M
Minority interest - - - - -
Net income 24.35M 18.76M 81.10M 262.34M 3.77M
Selling general administrative 31.01M 24.65M 27.92M 14.22M 0.39M
Selling and marketing expenses - - - - -
Gross profit 122.15M 120.03M 145.18M 422.12M 245.79M
Reconciled depreciation 215.70M 176.53M 134.74M 105.75M 3.04M
Ebit 91.14M 43.44M 110.90M 302.14M 4.40M
Ebitda 306.84M 219.97M 271.56M 407.90M 7.44M
Depreciation and amortization 215.70M 176.53M 160.66M 105.75M 3.04M
Non operating income net other - - - -24.96200M -
Operating income 91.14M 59.26M 90.59M 302.14M 4.40M
Other operating expenses 359.17M 320.77M 303.48M 195.27M 5.85M
Interest expense 25.50M 18.47M 5.32M 1.99M 0.14M
Tax provision 7.76M 6.21M 32.92M 12.85M -
Interest income - - - - -
Net interest income -25.50000M -18.47000M -3.19100M -1.98900M -0.13815M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 7.76M 6.21M 24.48M 12.85M 0.14M
Total revenue 450.31M 380.03M 394.07M 470.52M 273.09M
Total operating expenses 31.01M 60.78M 54.59M 119.97M 3.43M
Cost of revenue 328.16M 260.00M 248.89M 48.40M 27.30M
Total other income expense net -59.02500M -34.29000M 14.99M -26.95100M -0.63920M
Discontinued operations - - - - -
Net income from continuing ops 24.35M 18.76M 120.19M 262.34M 3.77M
Net income applicable to common shares - - - 262.34M 88.87M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 1192.88M 1036.48M 927.10M 794.78M 17.00M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 18.91M 24.33M 17.76M 95.49M 0.01M
Total liab 587.12M 401.13M 255.46M 172.37M 2.02M
Total stockholder equity 605.76M 635.35M 671.64M 622.40M 14.97M
Deferred long term liab - - - 91.59M -
Other current liab 56.35M 75.37M 42.04M 64.13M 0.68M
Common stock 0.01M 0.01M 0.01M 0.01M 298.83M
Capital stock 0.01M 0.01M 0.01M 0.01M -
Retained earnings -17.28600M 16.05M 54.78M 32.39M -8.40839M
Other liab - - - 108.24M 1.36M
Good will - - - - -
Other assets - 27.30M -17.67600M 3.47M 414.05M
Cash 14.85M 9.42M 10.43M 50.83M 0.74M
Cash and equivalents - - - - -
Total current liabilities 95.18M 101.81M 62.08M 64.13M 0.68M
Current deferred revenue - - - - -
Net debt 2.65M 195.58M 99.57M -50.83300M 0.36M
Short term debt 17.50M - - 0.43M -
Short long term debt - - - - -
Short long term debt total 17.50M 205.00M 110.00M - 1.10M
Other stockholder equity 623.03M 619.29M 616.85M 590.00M -
Property plant equipment - - - 644.99M 278.39M
Total current assets 118.88M 135.22M 151.55M 146.32M 1.95M
Long term investments - - - - -
Net tangible assets - - - 622.40M 298.83M
Short term investments 10.96M 31.78M 50.43M - -
Net receivables 74.17M 69.69M 72.93M 72.29M 1.20M
Long term debt 367.83M 205.00M 110.00M - 1.10M
Inventory - - 0.00000M -72.28700M -
Accounts payable 21.33M 26.44M 20.04M 62.18M 0.07M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - 0.01M -
Preferred stock total equity - - - - -
Retained earnings total equity - - - 32.39M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 5.89M 4.29M 6.01M 3.47M -
Deferred long term asset charges - - - - -
Non current assets total 1074.00M 901.26M 775.55M 648.46M 15.05M
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -310.76800M -342.00400M -230.56200M 21.28M
Change to liabilities - - - 9.84M 0.00000M
Total cashflows from investing activities -409.80800M -310.76800M -356.67600M -230.56200M -194.01420M
Net borrowings 181.00M 95.00M 110.00M -54.33700M 20.00M
Total cash from financing activities 118.82M 33.72M 13.41M -76.84800M -27.30000M
Change to operating activities - - - 7.75M 1.33M
Net income 24.35M 18.76M 81.10M 262.34M 3.77M
Change in cash 5.43M -1.31100M -40.40300M 38.98M -0.54667M
Begin period cash flow 9.42M 10.73M 51.13M 12.15M 1.29M
End period cash flow 14.85M 9.42M 10.73M 51.13M 0.74M
Total cash from operating activities 296.41M 275.73M 302.87M 346.39M 5.47M
Issuance of capital stock 0.00000M 0.00000M 6.83M 6.83M -
Depreciation 2.21M 3.54M 160.66M 0.00016M 3.04M
Other cashflows from investing activities -414.79900M -316.80500M -279.86600M 4.13M 3.25M
Dividends paid 57.69M 57.49M 58.59M -10.66400M -22.00000M
Change to inventory - - - - -
Change to account receivables -4.44900M 3.47M -0.74300M -24.98900M 0.02M
Sale purchase of stock -0.01600M -0.44200M -35.35300M -0.21600M -
Other cashflows from financing activities 176.51M -3.34000M -2.65900M -0.69300M 21.28M
Change to netincome - - - 38.17M 4.14M
Capital expenditures 419.26M 346.99M 359.20M 234.69M 219.29M
Change receivables - - - -24.98900M -
Cash flows other operating - - - -44.89400M -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - 38.98M -
Change in working capital 5.55M 0.86M 4.64M -17.24100M 0.08M
Stock based compensation 3.76M 2.30M 2.16M - -
Other non cash items 253.17M 244.32M 30.03M 88.44M 1.63M
Free cash flow -122.84500M -71.26000M -56.33300M 111.70M -213.81227M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GRNT
Granite Ridge Resources Inc
-0.02 0.40% 4.99 28.33 8.20 1.57 1.08 2.25 3.71
COP
ConocoPhillips
2.18 1.87% 119.05 18.36 12.53 2.44 2.20 2.69 6.19
CNQ
Canadian Natural Resources Ltd
0.48 1.02% 47.69 11.56 12.72 2.39 2.85 3.22 6.50
EOG
EOG Resources Inc
2.92 2.11% 141.50 9.09 8.98 3.01 2.57 2.97 5.16
PEXNY
PTT Exploration & Production
-0.005 0.06% 8.99 25.79 24.51 5.92 3.66 0.05 0.08

Reports Covered

Stock Research & News

Profile

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas.

Granite Ridge Resources Inc

5217 McKinney Avenue, Dallas, TX, United States, 75205

Key Executives

Name Title Year Born
Mr. Matthew Reade Miller C.F.A. Co-Founder & Co-Chairman 1984
Mr. Griffin Andrew Perry Co-Founder & Co-Chairman 1983
Mr. Luke C. Brandenberg CEO & Pres 1985
Mr. Kirk Vincent Lazarine Co-Founder, MD & Director 1953
Mr. Tyler S. Farquharson Chief Financial Officer 1982
Ms. Emily Tubb Fuquay Gen. Counsel and Chief Compliance Officer NA
Mr. Adam Griffin Partner of Land NA
Mr. Suhrid Mantravadi Partner NA
Mr. Witt Meloni Assistant Controller NA
Mr. Wade Caston Assistant Controller NA

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