Granite Ridge Resources share price today

Granite Ridge Resources, Inc.'s share price was $4.63 at the close on 4 November 2026. It has been falling for 1 week. That is 9.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $4 and $6, and at that close it sat 18% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Granite Ridge Resources, Inc. is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.

Over the last 6 years the share price moved −52% while the S&P 500 moved +114%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Granite Ridge Resources, Inc. paid $0.44 per share over the last four reported quarters. The most recent declaration was $0.11 for Jun 2026. At today's price of $4.63 that is a yield of 9.50%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Granite Ridge Resources is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Granite Ridge Resources, Inc. earned $29.7 M of net profit in the Jun 2026 quarter, +19.2% on the same quarter a year earlier. Full-year FY25 profit was $24.6 M. Over 4 years profit has grown −31.0% a year on average. That is 20.9% of the quarter's revenue. The same quarter a year earlier earned $25.0 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

3 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $24.6 M (+29.9% on the year before).

Why profit moved: revenue changed +37.3% on a year earlier and the margin moved −6.5 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −167.8% and revenue +15.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

Granite Ridge Resources, Inc. reported $143 M of revenue in the Jun 2026 quarter, +37.3% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 4 years it has grown 11.9% a year on average. The last full year, FY25, came in at $428 M.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $472 M.

FY25 revenue was $428 M, +19.2% on the year before.

Recent pace: the last four quarters grew +15.8% on average, against 11.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +15.4%, against +12.8% a year over the last 8 quarters (stabilising).

Granite Ridge Resources, Inc.'s operating margin was 36.5% in the Jun 2026 quarter, 6.5 percentage points lower than the same quarter a year ago. Across 5 years it has been between 26.0% and 58.8%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −6.5 percentage points on the year while gross margin changed −2.4 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 701% of Granite Ridge Resources, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $296 M of operating cash against $24.6 M of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After $419 M of spending on assets, free cash was −$123 M: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Granite Ridge Resources, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.1 B on assets over the last 3 years. Averaged over those years that is 87.7% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $1.1 B over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Granite Ridge Resources, Inc.'s P/E is 27.9×, near the high end of its own history: higher than 77% of past readings. Its usual P/E (the middle reading) is 15.6×, over 3.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +28.6% while the price moved −10.1%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved −9.9% a year; about −50.0% a year came from earnings growth and about +40.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Granite Ridge Resources, Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −184.7% in the latest quarter, against +29.8% at its best in 12 quarters, with ROCE steady at 11.8%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Granite Ridge Resources, Inc. earned a ROE of 4% in FY25. That is up from a low of 3% in FY24. Its return on capital used (ROIC) is 1.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a 5.8% net margin and 0.37× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a 5.8% net margin × 0.37× asset turnover × 1.93× leverage (assets divided by equity) ≈ 4.1% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 4.3% − 5.5% = −1.2 percentage points. The 5.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 4.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 10.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Granite Ridge Resources, Inc. has total debt of $462 M against shareholder equity of $562 M as of Jun 2026, so its debt is 0.82× its equity. Year by year, that ratio went from 0.11 in FY21 to 0.64 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

7.9% of Granite Ridge Resources, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

For Granite Ridge Resources, Inc., the Z-score is 1.03. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.03 is inside the danger zone, so the balance sheet is a real risk.

There is no score against its industry: Granite Ridge Resources, Inc. is not among the largest members shown in this industry comparison for Oil & Gas Exploration & Production.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Granite Ridge Resources is the 45th largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: TXO Partners, L.P., Vitesse Energy, Inc. and Obsidian Energy. Just below it: VAALCO Energy, Inc., W&T Offshore, Inc. and SandRidge Energy, Inc.

Oil & Gas Exploration & Production companies close in size

42. TXO Partners, L.P. $726 million
43. Vitesse Energy, Inc. $618 million
44. Obsidian Energy Ltd. $617 million
45. Granite Ridge Resources, Inc. $611 million
46. VAALCO Energy, Inc. $568 million
47. W&T Offshore, Inc. $497 million
48. SandRidge Energy, Inc. $467 million

All 57 Oil & Gas Exploration & Production companies, largest first

Companies close in size in other industries

2749. Red Cat Holdings, Inc. $611 million · Aerospace & Defense
2750. Krispy Kreme, Inc. $611 million · Grocery Stores
2751. Granite Ridge Resources, Inc. $611 million
2752. Park-Ohio Holdings Corp. $609 million · Specialty Industrial Machinery
2753. Tactile Systems Technology, Inc. $609 million · Medical Devices

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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