Granite Ridge Resources, Inc.

NYSE•GRNT

CEO: Mr. Luke C. Brandenberg

Sector: Energy

Industry: Oil & Gas Exploration & Production

Listing Date: 2020-11-06

Granite Ridge Resources, Inc. operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc. is based in Dallas, Texas.

Contact Information

5217 McKinney Avenue, Suite 400, Dallas, TX, 75205, United States

214-396-2850

www.graniteridge.com

Market Cap

$693.01M

P/E (TTM)

28.3

21.3

Dividend Yield

8.3%

52W High

$6.72

52W Low

$4.18

52W Range

43%

Rank33Top 25.7%

4.8

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Average • 4.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$105.49M+0.00%

4-Quarter Trend

EPS

-$0.19+0.00%

4-Quarter Trend

FCF

-$64.58M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Growth 18 Percent Revenues reached $450.31M in 2025, up 18.2% from $380.03M in 2024, driven by production increases.

Net Income Rises Significantly Net income was $24.35M, marking a 29.8% increase over $18.76M reported in 2024, despite higher expenses.

Proved Reserves Expanded Total proved reserves grew to 62,347 MBoe by year-end 2025, reflecting 14.8% growth from prior year estimates.

Operating Cash Flow Increased Operating cash flow provided $296.41M in 2025, showing a 7.5% increase over $275.73M generated in 2024.

Risk Factors

Commodity Price Volatility Risk Volatile oil and gas prices adversely affect revenues, cash flows, and may cause future impairments of proved properties.

Reliance on Third-Party Operators Success relies extensively on third-party operators; their failure or insolvency materially impacts financial condition and results.

Debt Covenants and Liquidity Borrowing base reduction due to commodity price declines could limit liquidity and force asset sales if covenants breached.

Reserve Estimation Uncertainty Reserve estimates rely on subjective assumptions; inaccuracies materially affect quantities and present value of recoverable assets.

Outlook

2026 Capital Expenditure Budget Budgeting $320M to $360M for 2026 capital expenditures, funded by operations and potential Credit Agreement borrowings.

Programmatic Hedging Strategy Programmatic hedging strategy utilized for 18 to 24 months to stabilize near-term cash flow and mitigate price risk.

Expected Quarterly Dividend Payout Expect quarterly cash dividends of $0.11 per share ($0.44 annually), subject to Board discretion and financial health.

Focus on Drilling Inventory Strategy focuses on sourcing accretive opportunities with high-graded drilling inventory for best full cycle returns.

Peer Comparison

Revenue (TTM)

VTLE

$1.90B

+1.9%

PDS

$1.32B

-3.1%

KOS

$1.29B

-22.9%

Gross Margin (Latest Quarter)

VTLE

95.1%

+68.3pp

BORR

31.4%

-46.8pp

CLB

18.1%

+1.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
SOC	$1.61B	-3.9	-102.0%	0.0%
BORR	$1.26B	30.2	4.4%	59.3%
PDS	$1.22B	900.8	0.1%	29.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-5.0%

Flat Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 7, 2026

EPS:$0.09

Revenue:$121.00M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data