GRNT - Granite Ridge Resources, Inc
SummerHaven Investment Management LLC bought a new stake in Granite Ridge Resources, Inc. (NYSE: GRNT) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 117,722 shares of the company's stock, valued at approximately $511,000. SummerHaven Investment Management
The consensus price target hints at a 58.7% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Granite Ridge's lease operating expenses increased to over $10 per BOE in Q2 2026, up 33% from Q4 2025. It is dealing with higher saltwater disposal costs and higher contract labor costs. Increased production and cost management efforts should bring its per BOE costs down in 2H 2026 and 2027.
DALLAS--(BUSINESS WIRE)---- $GRNT--Granite Ridge Resources (NYSE: GRNT) will report third quarter 2026 results Nov. 5 and host an earnings call and webcast Nov. 6 at 10 a.m. CT.
Stittsville, ON--(BUSINESS WIRE)--On Friday, August 28, 2026, the workers at Granite Ridge Care Community are holding a rally to call out ongoing staffing shortages at the facility. The 300 workers, represented by CUPE Local 4540 provide care for residents of the facility. Granite Ridge is operated by Sienna Senior Living and is a for-profit home that has routinely underpaid and undervalued frontline workers to generate higher returns for shareholders. Rather than negotiating with the union and.
Granite Ridge Resources NYSE: GRNT is targeting a transition to positive free cash flow by 2027 while maintaining high-single-digit production growth through its operated-partnership model, Chief Financial Officer Kyle Kettler said during a company presentation.
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that affiliates of Grey Rock Investment Partners (“Grey Rock”) have distributed 14,000,000 shares of Granite Ridge common stock to the limited partners of Grey Rock Energy Fund III-A, LP, Grey Rock Energy Fund III-B, LP, and Grey Rock Energy Fund III-B Holdings, LP.Following the distribution, Grey Rock and its affiliates beneficially own approximately 39% of Granite Ridge's outs.
Investors need to pay close attention to GRNT stock based on the movements in the options market lately.
Granite Ridge Resources NYSE: GRNT reported second-quarter production of 32,044 barrels of oil equivalent per day, with oil representing 51% of the production mix, as the company continued investing in development and inventory additions ahead of an expected free-cash-flow inflection in 2027.
Dimensional Fund Advisors LP increased its holdings in shares of Granite Ridge Resources, Inc. (NYSE: GRNT) by 15.7% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,306,999 shares of the company's stock after purchasing an additional 448,066 shares during the period.
Granite Ridge Resources, Inc. (GRNT) Q2 2026 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the second quarter of 2026. Second Quarter 2026 Highlights Grew daily production 1% to 32,044 barrels of oil equivalent (“Boe”) per day (51% oil), from 31,576 Boe per day for the second quarter of 2025. Reported net income of $30.0 million, or $0.23 per diluted share, versus $25.1 million, or $0.19 per diluted share, for the prior year period.
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Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript
EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, C
Granite Ridge Resources, Inc. is rated Sell due to unsustainable leverage, heavy reliance on debt-funded dividends, and persistent derivative losses. GRNT's non-operator model offers high yield but exposes the company to rising OPEX, with lease operating expenses up 55% YoY and guidance trending higher. Derivative hedges are deeply underwater, with $70 million in potential 2026 losses if oil remains elevated, further pressuring earnings and cash flow.
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that it will report its financial and operating results for the second quarter of 2026 on Thursday, August 6, 2026, after market close. The Company will host a webcast and conference call on Friday, August 7, 2026, at 10:00 a.m. central time to discuss its second quarter 2026 financial and operating results. The details are as follows: When: Friday, August 7, 2026, at 10:00 a.m.
Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript
EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday