# Granite Ridge Resources share price today (Granite Ridge Resources, Inc., GRNT)

> Granite Ridge Resources, Inc.'s earnings have grown faster than its share price. Earnings per share grew +28.6% in a year while the price moved −3.2%. GRNT · Energy · Oil & Gas Exploration & Production · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/grnt

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $5.11 (−3.2% in a year)
- P/E: 27.9× (higher than 77% of the last 3.8 years)
- Revenue (Jun 2026): $143 M (+37.3% on a year ago)
- Profit (Jun 2026): $29.7 M (+19.2% on a year ago)
- Operating margin: 36.5% (−6.5 points on a year ago)
- ROE: 4%, FY25
- ROIC: 4.3%, against a 5.5% cost of capital: −1.2 points

The main question: yearly earnings per share moved +28.6% while the share price moved −3.2%. ## What is the Granite Ridge Resources share price today? Granite Ridge Resources, Inc.'s share price was $5.11 at the close on 3 November 2026. It has been stalling near its high for 4 weeks. That is 0.6% above 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 46% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 5 weeks in a row. Over the last 6 years the share price moved −47% while the S&P 500 moved +111%, so it is behind the index over that whole period. 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. ## What dividend does Granite Ridge Resources pay? 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 $5.11 that is a yield of 8.61%, based on dividends already paid, not a forecast. ## Which stock lists is Granite Ridge Resources on? 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. ## Is Granite Ridge Resources profitable? 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. 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. ## How much revenue does Granite Ridge Resources make, and is it growing? 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. 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). ## How much of every $100 of sales does Granite Ridge Resources keep? 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. 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. ## Is Granite Ridge Resources' profit turning into cash? 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. 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. ## Where does Granite Ridge Resources' cash go? 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. 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. ## What is Granite Ridge Resources' P/E ratio, and how does it compare with its own history? 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. Why the multiple is where it is: over the past year earnings per share moved +28.6% while the price moved −3.2%. 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 −6.9% a year; about −50.0% a year came from earnings growth and about +43.1 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. ## Is the Granite Ridge Resources business getting better or worse? 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. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Granite Ridge Resources earn on its capital? 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. 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. ## Does Granite Ridge Resources have too much debt? 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. ## What is the Granite Ridge Resources shareholding pattern? 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. 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 holds the short positions or why, so we show the level without guessing the story. ## How far is Granite Ridge Resources from balance-sheet trouble? 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. Why it matters: a Z-score of 1.03 is inside the danger zone, so the balance sheet is a real risk. ## How does Granite Ridge Resources rank in its industry? 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. ## Which companies is Granite Ridge Resources compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Granite Ridge Resources in size? Granite Ridge Resources is the 43rd largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Infinity Natural Resources, Inc., TXO Partners, L.P. and Obsidian Energy. Just below it: Vitesse Energy, Inc., VAALCO Energy, Inc. and GeoPark. ### Oil & Gas Exploration & Production companies close in size

1. [Infinity Natural Resources, Inc.](https://www.sectoralpha.in/us/stocks/inr) $863 million
2. [TXO Partners, L.P.](https://www.sectoralpha.in/us/stocks/txo) $755 million
3. [Obsidian Energy Ltd.](https://www.sectoralpha.in/us/stocks/obe) $696 million
4. Granite Ridge Resources, Inc. $674 million
5. [Vitesse Energy, Inc.](https://www.sectoralpha.in/us/stocks/vts) $651 million
6. [VAALCO Energy, Inc.](https://www.sectoralpha.in/us/stocks/egy) $590 million
7. [GeoPark Limited](https://www.sectoralpha.in/us/stocks/gprk) $556 million

[All 57 Oil & Gas Exploration & Production companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production#all-companies)

### Companies close in size in other industries

1. [Obsidian Energy Ltd.](https://www.sectoralpha.in/us/stocks/obe) $693 million · Oil & Gas Exploration & Production
2. [Vishay Precision Group, Inc.](https://www.sectoralpha.in/us/stocks/vpg) $693 million · Scientific & Technical Instruments
3. Granite Ridge Resources, Inc. $691 million
4. [Cass Information Systems, Inc.](https://www.sectoralpha.in/us/stocks/cass) $691 million · Specialty Business Services
5. [Betterware de México, S.A.P.I. de C.V.](https://www.sectoralpha.in/us/stocks/bwmx) $690 million · Specialty Retail

## What else do people ask about Granite Ridge Resources? ### What were Granite Ridge Resources's latest quarterly results? Granite Ridge Resources, Inc. reported revenue of $143 M and net profit of $29.7 M for the Jun 2026 quarter. Revenue rose 37.3% and profit rose 19.2% compared with a year earlier. Earnings per share were $0.23. The operating margin was 36.5%, 6.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is Granite Ridge Resources's market cap? Granite Ridge Resources, Inc.'s market capitalisation is $674 M at a stock price of $5.11. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Granite Ridge Resources performing? Granite Ridge Resources, Inc.'s share price has been stalling near its high for 4 weeks. In its latest quarter, revenue rose 37.3% and profit rose 19.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 5 weeks running (as of 3 November 2026). ### Will Granite Ridge Resources's stock price go up? This page does not forecast Granite Ridge Resources, Inc.'s stock price. What it shows instead: the stock price is $5.11, and it has been stalling near its high for 4 weeks. Its P/E of 27.9× is higher than 77% of its own last 4 years (as of 3 November 2026). ### Where is Granite Ridge Resources in its business cycle? Granite Ridge Resources, Inc.'s FY25 operating margin was 27.6%, against a 5-year range of 26.0% to 58.8%: the low end of its own range, which is often where recoveries start. The latest quarter was 36.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Granite Ridge Resources story? The main question: yearly earnings per share moved +28.6% while the share price moved −3.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Granite Ridge Resources a stock worth studying right now? What the numbers show: Granite Ridge Resources, Inc.'s earnings have grown faster than its share price. Earnings per share grew +28.6% in a year while the price moved −3.2%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.