Stock events for Granite Ridge Resources, Inc. (GRNT)
In the past six months, Granite Ridge Resources, Inc. reported its second and third-quarter earnings for 2025, missing analysts' EPS estimates in both quarters. Despite the EPS miss in Q2, the company saw a 20% increase in total oil and gas sales revenue compared to Q2 2024. The company declared quarterly cash dividends following both its Q2 and Q3 2025 results. Insider buying activity was noted in November 2025, and analyst ratings have included "Hold," with one downgrade from "Buy" to "Hold" by Freedom Capital.
Demand Seasonality affecting Granite Ridge Resources, Inc.’s stock price
Demand for Granite Ridge Resources' primary products, oil and natural gas, is subject to seasonal shifts. Winter months typically see increased demand for heating oil and natural gas, while summer often brings a rise in gasoline demand due to increased travel. Higher demand during colder months often makes winter a favorable season for producers, and the natural gas sector is experiencing a bullish trend driven by robust winter demand forecasts and increasing U.S. liquefied natural gas (LNG) exports.
Overview of Granite Ridge Resources, Inc.’s business
Granite Ridge Resources, Inc. (GRNT) is a non-operated oil and natural gas exploration and production company focused on investing in a diversified portfolio of production and top-tier acreage. It operates within the Energy sector, specifically in the Oil & Gas Production and Exploration & Production industry, with oil and natural gas as its major products.
GRNT’s Geographic footprint
Granite Ridge Resources, Inc. holds assets across six unconventional basins throughout the United States, including the Permian Basin, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), and Appalachian basins. The company invests in non-operated assets managed by proven operators to reduce risk and overhead.
GRNT Corporate Image Assessment
Granite Ridge Resources' brand reputation in the past year has been reflected through its financial performance and analyst sentiment. News headlines have highlighted earnings reports, including instances where the company missed analyst estimates, and analyst ratings have generally been "Hold." The company emphasizes its strategy of reduced risk through diversification, strong returns from disciplined investments, and shareholder value through quarterly dividends and a strong balance sheet.
Ownership
Granite Ridge Resources, Inc. has a diverse ownership structure, with a significant portion held by institutional shareholders, insiders, public companies, and individual investors. Major institutional owners include Grey Rock Energy Management, LLC, Hamilton Lane Advisors Llc, Utah Retirement Systems, Vanguard Group Inc, BlackRock, Inc., Georgetown University, Bank Of America Corp /de/, American Century Companies Inc, and Dimensional Fund Advisors Lp. Significant individual and insider owners include Grep GP III LLC and Grep GP II LLC, along with other insiders who have purchased shares in the last 24 months.
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$4.82