GRNT · Granite Ridge Resources, Inc.
$4.40
+0.06 (+1.38%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$585.64M
Shares
131.90M
Volume · Oct 1
1.11M
Avg daily vol (3M)
1.14M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$4.40
Open$4.34
Day$4.31–4.40
52W close$4.21–6.11
Avg vol 30d1.5M
Short int6.0M · 4.5% float · 3.0d
Short vol49%
Last earningsAug 7, 2026
DataNov 2020–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 6, 2026
Est · unconfirmed
· in 5 wks
filed Aug 6, 2026
call held Aug 7, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$495.69M
Trailing 12 months
Net income (TTM)
−$27.57M
Trailing 12 months
Revenue growth YoY
+36.7%
Year over year
Operating margin
7.5%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$418.02M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.2%
Year over year · more shares
Price change (1Y)
-19.8%
Trailing year
Short interest
4.5%
Latest settlement · 3.0 days to cover
AI Brief
Q2 FY26 earnings call · Aug 7, 2026
Q2 FY26
TL;DR. Granite Ridge reported Q2 production of 32,044 Boe/d (51% oil) and $79.6M Adjusted EBITDAX, but raised full-year LOE guidance to $8.25–$9.25/Boe and now expects full-year production toward the lower end of its 34,000–36,000 Boe/d range due to timing shifts that should benefit early 2027, with management reiterating 2027 as the free cash flow inflection year.
Bullish
- + Q2 Adjusted EBITDAX grew to $79.6 million from $75.4 million a year ago
- + Q2 GAAP net income rose to $30.0 million ($0.23/diluted share) from $25.1 million ($0.19)
- + Management reaffirmed 2027 free cash flow inflection with planned ~40,000 Boe/d exit rate and double-digit free cash flow yield
- + Grey Rock's planned in-kind distribution will end controlled-company status and broaden float/liquidity
Bearish
- − Full-year LOE guidance raised to $8.25–$9.25/Boe (up roughly $1.50/Boe, ~20% increase)
- − Q2 LOE per BOE jumped to $10.27 from $7.00 a year ago (47% increase)
- − Full-year production now expected toward the lower end of 34,000–36,000 Boe/d guidance due to timing shifts
- − Permian gas realization hit $1.12/Mcf as Waha basis was the weakest on record
- − Q2 impairments of long-lived assets totaled $9.1 million
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 16.4 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−12%
below
Price vs 50-day avg
−10%
below
RSI (14)
33
neutral
MACD trend
Negative
52-week position
10%
near low
Momentum
relative strength
1-month return
−15%
trailing
6-month return
−21%
trailing
YTD return
−6%
this year
Relative strength
−33%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $5 › 200d $5 — 200d above 50d
Institutional flow
Accumulating
+10% holders QoQ · +36 funds added
Insider flow
Accumulating
Net +$120.8K over 90 days · 0% sells
Short interest
Rising
4.51% of float · ▲ +17.7% MoM · 3.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
171 holders — near 3-yr high, broad support
Squeeze score
49
elevated · 0–100
Fundamentals
Revenue growth
+18%
Y/Y
EPS growth
+29%
Y/Y
Buyback
$50.0M
authorized
Balance sheet
$370.5M
net debt
Quant / Vol
risk profile
Volatility
41%
annualized · 1-yr
Max drawdown
−30%
past year
ATR
3.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 7, 2026
for the year
LOE
$8 – $9
third quarter
Gas sales
at least $30M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−12%
Bearish
Price vs 50-day avg
−10%
Bearish
RSI (14)
33
Neutral
MACD trend
Negative
Bearish
52-week position
10%
Bearish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $5 › 200d $5 — 200d above 50d
Institutional flow
Accumulating
+10% holders QoQ · +36 funds added
Insider flow
Accumulating
Net +$120.8K over 90 days · 0% sells
Short interest
Rising
4.51% of float · ▲ +17.7% MoM · 3.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
171 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $4
Now $4 · 10%
Range high $6
vs 200-day avg -12%
vs 50-day avg -10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Earnings Per Diluted Share non-GAAP | $0.11 | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Earnings (loss) per diluted share - as reported $0.19
+$0 Impairments of long-lived assets
-$0.18 Unrealized (gain) loss on derivatives - commodity derivatives
+$0.05 (Gain) loss on equity investments
+$0.01 Nonrecurring general and administrative expenses - severance costs
+$0.01 Nonrecurring general and administrative expenses - capital markets transaction costs
+$0.03 Tax impact on above adjustments
= Adjusted Earnings Per Diluted Share $0.11
|
|||
| Adjusted EBITDAX non-GAAP | $150.53M | Six Months Ended June 30, 2026 | — |
| Adjusted Net Income non-GAAP | $14.25M | Six Months Ended June 30, 2026 | — |
| Average Daily Production: Natural gas | 94,220 | Three Months Ended June 30, 2026 filing | — |
| Average Daily Production: Oil | 16,341 | second quarter of 2026 | — |
| Average Daily Production: Total | 32,044 | Three Months Ended June 30, 2026 filing | — |
| Average NYMEX Prices: Natural gas | $2.95 | Three Months Ended June 30, 2026 filing | — |
| Average NYMEX Prices: Oil | $95.65 | Three Months Ended June 30, 2026 filing | — |
| liquidity | 293.8M | as of June 30, 2026 | — |
| Net Debt non-GAAP | $418.02M | As of June 30, 2026 | — |
| Net Debt to Trailing Twelve Months Adjusted EBITDAX Ratio non-GAAP | 1.4 | As of June 30, 2026 | — |
| Net Producing Wells at Period-End | 249.92 | As of June 30, 2026 | — |
| Net Production: Natural gas | 8,574 | Three Months Ended June 30, 2026 filing | — |
| Net Production: Oil | 1,487 | Three Months Ended June 30, 2026 filing | — |
| Net Production: Total | 2,916 | Three Months Ended June 30, 2026 filing | — |
| net wells turned in-line | 7.2 | second quarter of 2026 | — |
| Operating Cash Flow Before Working Capital Changes non-GAAP | $131.24M | Six Months Ended June 30, 2026 | — |
| Realized price on a Boe basis excluding settled commodity derivatives | $51.19 | Three Months Ended June 30, 2026 filing | — |
| Realized price on a Boe basis including settled commodity derivatives | $43.39 | Three Months Ended June 30, 2026 filing | — |
| Trailing Twelve Months Adjusted EBITDAX non-GAAP | $298.68M | Trailing Twelve Months Ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas E&P — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GRNT
this stock
Granite Ridge Resources, Inc.
|
$585.64M | -6.4% | +18.5% | — | 4.5% |
|
COP
Conocophillips
|
$150.96B | +35.7% | +7.7% | 16.6 | 1.3% |
|
CNQ
CANADIAN NATURAL RESOURCES Ltd
|
$98.26B | +41.2% | — | — | 8.9% |
|
EOG
Eog Resources Inc
|
$73.62B | +34.6% | -4.5% | 10.9 | 3.0% |
|
OXY
Occidental Petroleum Corp /De/
|
$56.84B | +40.7% | -1.9% | 8.7 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GRNT | -3.1% | -14.7% | -21.0% | +1.4% | -6.4% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | -2.7% | -14.6% | -33.5% | +1.2% | -18.4% |
Capital returns
Buyback program
· as of Dec 31, 2023
Authorized
$50.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.