Granite Ridge Resources (GRNT) Expected to Announce Quarterly Earnings on Thursday

Granite Ridge Resources (NYSE:GRNTGet Free Report) is anticipated to issue its Q3 2025 results after the market closes on Thursday, November 6th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $123.00 million for the quarter. Parties may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Friday, November 7, 2025 at 11:00 AM ET.

Granite Ridge Resources (NYSE:GRNTGet Free Report) last released its earnings results on Monday, September 11th. The company reported $0.61 earnings per share (EPS) for the quarter. The company had revenue of $150.27 million for the quarter. Granite Ridge Resources had a return on equity of 13.09% and a net margin of 7.47%. On average, analysts expect Granite Ridge Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Granite Ridge Resources Stock Performance

GRNT opened at $5.22 on Thursday. The business’s fifty day moving average is $5.44 and its 200-day moving average is $5.48. The firm has a market cap of $684.46 million, a P/E ratio of 21.73, a price-to-earnings-growth ratio of 1.88 and a beta of 0.34. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.32 and a current ratio of 1.32. Granite Ridge Resources has a 52-week low of $4.52 and a 52-week high of $7.00.

Granite Ridge Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a $0.11 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.44 annualized dividend and a yield of 8.4%. Granite Ridge Resources’s dividend payout ratio (DPR) is 183.33%.

Insider Activity at Granite Ridge Resources

In other news, Director John Mccartney purchased 5,000 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were purchased at an average cost of $5.25 per share, with a total value of $26,250.00. Following the completion of the purchase, the director owned 82,117 shares of the company’s stock, valued at $431,114.25. This trade represents a 6.48% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Insiders bought 14,574 shares of company stock worth $77,142 over the last quarter. Company insiders own 8.50% of the company’s stock.

Institutional Trading of Granite Ridge Resources

A number of hedge funds have recently made changes to their positions in GRNT. Osaic Holdings Inc. boosted its stake in shares of Granite Ridge Resources by 264.2% during the second quarter. Osaic Holdings Inc. now owns 5,506 shares of the company’s stock valued at $35,000 after purchasing an additional 3,994 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Granite Ridge Resources by 2,398.3% during the second quarter. EverSource Wealth Advisors LLC now owns 5,721 shares of the company’s stock valued at $36,000 after purchasing an additional 5,492 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Granite Ridge Resources by 103.0% during the second quarter. Tower Research Capital LLC TRC now owns 9,133 shares of the company’s stock valued at $58,000 after purchasing an additional 4,635 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Granite Ridge Resources by 2,610.9% during the second quarter. Russell Investments Group Ltd. now owns 14,395 shares of the company’s stock valued at $92,000 after purchasing an additional 13,864 shares in the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of Granite Ridge Resources during the second quarter valued at about $104,000. 31.56% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GRNT. Zacks Research lowered Granite Ridge Resources from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Granite Ridge Resources in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered Granite Ridge Resources from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $8.00.

Read Our Latest Stock Analysis on GRNT

About Granite Ridge Resources

(Get Free Report)

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.

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Earnings History for Granite Ridge Resources (NYSE:GRNT)

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