logo
Twitter
Discord
Email
logo
Granite Ridge Resources, Inc.

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
$603.76M
P/E (TTM)
15.9
17.6
Dividend Yield
9.6%
52W High
$6.72
52W Low
$4.18
52W Range
17%
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

Q3 2025 Data

Revenue

$112.67M+19.77%
4-Quarter Trend

EPS

$0.11+59.19%
4-Quarter Trend

FCF

-$3.01M-78.41%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Strong Nine-Month Financial Performance Nine months revenue $344.82 M, up 26.0%; Net income $49.42 M, reflecting 62.7% growth.
Balance Sheet Growth Total assets increased to $1.13 B as of September 30, 2025, driven by capital investment and acquisitions.
Debt Structure Refinancing Issued $350.0 M Senior Notes, increasing total debt to $300.0 M outstanding under Credit Agreement.
Increased Capital Deployment Nine months capital expenditures totaled $280.8 M, primarily funding oil and gas property development activities.

Risk Factors

Operator Dependency Risk Highly dependent on third-party operators for 100% of wells; operational failure adversely affects financial condition.
Commodity Price Volatility Exposure Earnings impacted by fluctuations in oil and natural gas prices, supply quotas, and strength of the U.S. dollar.
Interest Rate Exposure Concern $300.0 M Credit Facility debt faces interest rate risk; 1% rate increase impacts expense by $3.0 M annually.
Trade Policy Uncertainty Risk New tariffs and trade limitations create uncertainty, potentially causing inflation and increasing operating and capital costs.

Outlook

2025 Capital Expenditure Budget Budgeting $400 M to $420 M total capital expenditures for 2025, including $120 M for property acquisitions.
Liquidity Forecast Positive Expect sufficient capital for next twelve months using cash flow and $74.7 M borrowing availability remaining.
Credit Agreement Maturity Extended Sixth Amendment extended Credit Agreement maturity to November 5, 2029, post 2029 Senior Notes issuance.
Hedging Strategy Continuation Continues using derivatives to economically hedge anticipated future production volumes against commodity price risk.

Peer Comparison

Revenue (TTM)

Vital Energy, Inc.VTLE
$1.90B
+1.9%
Kosmos Energy Ltd.KOS
$1.39B
-21.9%
Precision Drilling CorporationPDS
$1.31B
-5.5%

Gross Margin (Latest Quarter)

Vital Energy, Inc.VTLE
95.1%
+4.5pp
Riley Exploration Permian, Inc.REPX
67.1%
+12.3pp
Kosmos Energy Ltd.KOS
52.5%
+14.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BORR$1.13B16.47.3%58.4%
PDS$1.01B23.93.5%26.9%
TK$822.85M10.47.9%2.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.0%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Mar 5, 2026
|
EPS:$0.09
|
Revenue:-
Reports
All Years

  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $112.67M+19.8%
    |
    EPS: $0.11+59.2%
    Miss

  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 7, 2025|
    Revenue: $109.22M+20.5%
    |
    EPS: $0.19+384.7%
    Beat

  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 8, 2025|
    Revenue: $122.93M+38.1%
    |
    EPS: $0.07-37.6%
    Miss

  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 6, 2025|
    Revenue: $380.03M-3.6%
    |
    EPS: $0.14-77.0%
    Meet

  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $94.08M-13.2%
    |
    EPS: $0.07-46.8%
    Miss

  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $90.65M+10.7%
    |
    EPS: $0.04-40.4%
    Miss

  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 9, 2024|
    Revenue: $89.00M-2.5%
    |
    EPS: $0.12-57.1%
    Beat

  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 8, 2024|
    Revenue: $394.07M-20.8%
    |
    EPS: $0.61-69.0%
    Beat