Granite Ridge (NYSE: GRNT) investors approve directors and expand 2022 incentive plan
Granite Ridge Resources, Inc. (NYSE: GRNT) shareholders approved all proposals at their 2026 annual meeting, including the election of three Class I directors and the ratification of Forvis Mazars LLP as the independent auditor. Investors also approved, on an advisory basis, the compensation of named executive officers and opted for annual advisory votes on executive compensation. Additionally, the company's 2022 Omnibus Incentive Plan was amended to add 2,500,000 shares and extend its term to October 24, 2034.
Director Perry Griffin buys 100,000 Granite Ridge (GRNT) shares in market
Granite Ridge Resources director Perry Griffin purchased 100,000 shares of Common Stock at $5.49 each in an open-market transaction, as reported in a Form 4 filing. This acquisition increases his direct ownership to 1,163,903 shares, signaling positive insider confidence in the company. The total value of this transaction was $549,000.
Granite Ridge Resources (GRNT) director adds 3,000 shares in open-market buy
Granite Ridge Resources director John McCartney purchased 3,000 shares of common stock at $5.81 per share on May 19, 2026, increasing his direct holdings to 139,143 shares. This open-market transaction signals a positive sentiment from an insider and represents a modest addition to his existing position. The details of the transaction were reported in a Form 4 SEC filing.
Director at Granite Ridge Resources (NYSE: GRNT) makes 1,000-share open-market buy
Michele J. Everard, a director at Granite Ridge Resources (NYSE: GRNT), purchased 1,000 shares of the company's common stock at $5.28 per share in an open-market transaction. This addition increases her direct holdings to 72,143 shares, representing a relatively small increase to her existing position. The Form 4 filing indicates this activity as a positive signal of confidence in the company by an insider.
Granite Ridge Resources (GRNT) CEO adds 10,000 shares in open-market buy
Granite Ridge Resources, Inc.'s President and CEO, Tyler Farquharson, purchased 10,000 shares of common stock in an open-market transaction at $5.15 per share. This transaction increased his direct ownership to 344,743 shares, indicating a positive sentiment toward the company. The details of this insider trade were filed with the SEC on Form 4, providing transparency on his increased holdings.
Granite Ridge Resources : GRNT
Granite Ridge Resources (GRNT) is an oil and gas exploration and production company based in Dallas, Texas, focusing on non-operated projects in various unconventional basins, including the Permian. Its stock is currently trading at $5.16, down 1.53%, with crude oil prices being a significant factor influencing its performance due to geopolitical events. The article highlights an analysis identifying GRNT among three stocks under $10, with one yielding 8.8% and another up 83% in a year, and suggests GRNT could be a target for acquisition by a larger rival.
Granite Ridge Resources Q1 Earnings Call Highlights
Granite Ridge Resources reported higher Q1 production and revenue but faced challenges from weak Permian natural gas pricing and elevated lease operating expenses. Despite a GAAP net loss due to derivative losses, the company reiterated its trajectory to free cash flow in 2027 and maintained full-year production guidance, while increasing capital spending for acquisitions. Management also highlighted strategic hedging and operator partnerships to support growth and achieve their financial targets.
Granite Ridge Resources, Inc. (NYSE:GRNT) Declares Quarterly Dividend of $0.11
Granite Ridge Resources (NYSE: GRNT) declared a quarterly dividend of $0.11 per share, representing an annualized payout of $0.44 and a 7.9% yield. The company's recent quarterly earnings missed analyst expectations with an EPS of $0.02, though revenue slightly exceeded estimates. Insider buying also occurred, with the CEO and CFO purchasing additional shares.
Hedge losses push Granite Ridge (NYSE: GRNT) Q1 2026 into loss despite growth
Granite Ridge Resources reported a net loss of $47.0 million in Q1 2026, a significant downturn from a $9.8 million profit in the prior year, despite higher oil and gas revenues of $128.3 million. This loss was primarily due to a $72.0 million loss on commodity derivatives and an $11.2 million impairment of unproved Permian properties. The company maintained production growth and paid a quarterly dividend of $0.11 per share.
Granite Ridge (NYSE: GRNT) posts Q1 2026 loss but boosts production and keeps dividend
Granite Ridge Resources (NYSE: GRNT) reported a net loss of $47.0 million in Q1 2026, primarily due to non-cash hedge mark-to-market losses and impairment charges, despite an 18% increase in daily production. The company's adjusted net income was positive at $3.1 million, and it maintained its quarterly dividend of $0.11 per share. Granite Ridge also provided 2026 guidance, projecting daily production of 34,000–36,000 Boe and total capital expenditures between $345 million and $385 million.
Granite Ridge Resources (GRNT) price target increased by 10.71% to 7.90
The price target for Granite Ridge Resources (GRNT) has been increased by 10.71%, raising it to $7.90. This adjustment indicates a more optimistic outlook for the company's stock performance.
Granite Ridge Resources (GRNT) Expected to Announce Earnings on Thursday
Granite Ridge Resources (GRNT) is scheduled to announce its Q1 2026 earnings on Thursday, May 7th, with analysts expecting $0.16 EPS and $121.40 million in revenue. The company has a high dividend yield of 7.4% but an unsustainable payout ratio of 244.44%, while insiders have recently increased their holdings. Institutional ownership stands at 31.56%, and the stock currently has a "Hold" consensus rating from analysts.
Granite Ridge Resources price target raised to $5.50 from $5 at BofA
BofA analyst Noah Hungness has increased the price target for Granite Ridge Resources (GRNT) from $5 to $5.50 while maintaining a "Neutral" rating. This adjustment comes as BofA updates price targets for U.S. Oil and Gas stocks under its coverage, anticipating market de-escalation despite heightened geopolitical risks.
Granite Ridge Resources (NYSE:GRNT) Trading Down 8% - Here's What Happened
Granite Ridge Resources (NYSE:GRNT) saw its stock price drop by 8% in mid-day trading after missing quarterly earnings and revenue estimates. Despite the dip, the company declared a quarterly dividend annualizing to an 8.9% yield, and both its CFO and a director recently increased their holdings in the company. Analysts currently have a consensus "Hold" rating on the stock.
Granite Ridge Resources Schedules First Quarter 2026 Earnings Conference Call
Granite Ridge Resources, Inc. announced it will release its first quarter 2026 financial and operating results on Thursday, May 7, 2026, after market close. The company will host a webcast and conference call on Friday, May 8, 2026, at 10:00 a.m. central time to discuss these results. Details for accessing the webcast and participation via dial-in are provided, with pre-registration available to avoid wait times.
Granite Ridge (GRNT) director receives 3,194-share stock grant as Board pay
Granite Ridge Resources director Matthew Reade Miller received a grant of 3,194 common shares as compensation for his Board service for the quarter ending March 31, 2026. This award was issued in lieu of a cash retainer, based on the closing stock price on March 31, 2026. Following this transaction, Miller directly holds 1,332,033 common shares of GRNT.
Insider Buying: Granite Ridge Resources (NYSE:GRNT) Director Buys 5,000 Shares of Stock
Granite Ridge Resources (NYSE:GRNT) Director John McCartney recently purchased 5,000 shares of the company's stock for $5.16 per share, increasing his direct stake by 3.81% to 136,143 shares. This follows a previous purchase of 2,000 shares at $5.12. The company recently missed quarterly earnings expectations but announced a quarterly dividend of $0.11, providing an 8.2% yield, despite a high payout ratio of 244.44%.
Analysts Have Conflicting Sentiments on These Energy Companies: Kimbell Royalty Partners (KRP) and Infinity Natural Resources, Inc. Class A (INR)
Analysts hold conflicting views on two energy companies: Kimbell Royalty Partners (KRP) and Infinity Natural Resources, Inc. Class A (INR). A Bank of America Securities analyst reiterated a Sell rating on KRP with a $12.00 price target, while the consensus for KRP is a Hold rating. Conversely, a Siebert Williams Shank & Co analyst maintained a Buy rating on INR with a $22.00 price target, and the overall consensus for INR is a Strong Buy.
Granite Ridge Resources director McCartney buys $25,800 in shares By Investing.com
John McCartney, a director at Granite Ridge Resources, Inc. (NYSE:GRNT), recently purchased 5,000 shares of company stock for $25,800. This transaction increased his direct ownership to 136,143 shares. The company also announced its Q4 and full-year 2025 financial results, showing strong operational growth despite a premarket stock decline and challenges from falling commodity prices.
[Form 4] Granite Ridge Resources, Inc. Insider Trading Activity
Granite Ridge Resources, Inc. President and CEO Tyler Farquharson recently purchased 12,500 common shares at $5.21 per share, increasing his direct ownership to 334,743 shares. This transaction, totaling $65,125, is detailed in a Form 4 SEC filing dated March 11, 2026. The filing indicates a "Positive" sentiment for the insider trade.
Insider Buying: Granite Ridge Resources (NYSE:GRNT) Director Buys 2,000 Shares of Stock
A director at Granite Ridge Resources (NYSE:GRNT), John McCartney, recently purchased 2,000 shares, increasing his stake by 1.55%. Other senior insiders also made purchases, signaling management confidence despite the company missing its recent quarterly earnings expectations. The firm announced a quarterly dividend of $0.11, but its high payout ratio suggests potential unsustainability.
Analysts Have Conflicting Sentiments on These Energy Companies: Kimbell Royalty Partners (KRP) and Infinity Natural Resources, Inc. Class A (INR)
Analysts hold conflicting views on two energy companies: Kimbell Royalty Partners (KRP) and Infinity Natural Resources, Inc. Class A (INR). A Bank of America Securities analyst reiterated a Sell rating on KRP with a $12.00 price target, while Siebert Williams Shank & Co. maintained a Buy rating on INR with a $22.00 price target. The overall consensus for KRP is Hold, and for INR, it's a Strong Buy.
American Century Companies Inc. Purchases 303,059 Shares of Granite Ridge Resources, Inc. $GRNT
American Century Companies Inc. increased its stake in Granite Ridge Resources, Inc. by 12.9% in the third quarter, acquiring an additional 303,059 shares. Other institutional investors have also adjusted their holdings, and the stock currently holds an average "Hold" rating from analysts. Insider transactions show CFO Ronald Kyle Kettler and CEO Tyler Farquharson recently purchased shares, while the company announced a quarterly dividend of $0.11 per share.
Analysts Have Conflicting Sentiments on These Energy Companies: Kimbell Royalty Partners (KRP) and Infinity Natural Resources, Inc. Class A (INR)
Analysts hold conflicting views on Kimbell Royalty Partners (KRP) and Infinity Natural Resources, Inc. Class A (INR). A Bank of America Securities analyst reiterated a Sell rating for KRP with a $12 price target, despite its shares closing higher. In contrast, a Siebert Williams Shank & Co analyst maintained a Buy rating on INR with a $22 price target, with the general Street consensus being a Strong Buy for INR.
Granite Ridge Resources (NYSE:GRNT) CFO Ronald Kyle Kettler Buys 5,000 Shares of Stock
Granite Ridge Resources CFO Ronald Kyle Kettler purchased 5,000 shares of company stock for $25,900, increasing his total holdings to 120,276 shares. This insider buying occurred despite the company missing its Q4 earnings and revenue estimates and having a high dividend payout ratio of 244.44%. Analysts currently rate GRNT as a "Hold" with institutional ownership at 31.56%.
Insider Buying: Granite Ridge Resources (NYSE:GRNT) CEO Purchases 12,500 Shares of Stock
Granite Ridge Resources (NYSE:GRNT) CEO Tyler Farquharson recently purchased 12,500 shares of the company's stock for $5.21 per share, increasing his direct stake to 334,743 shares valued at approximately $1.74 million. This transaction occurred after the company reported missing quarterly earnings and revenue expectations. Granite Ridge also declared a quarterly dividend of $0.11 per share, equating to an 8.6% yield, though its high payout ratio of 244.44% raises sustainability concerns.
CFO adds 5,000 Granite Ridge (NYSE: GRNT) shares in open buy
Granite Ridge Resources, Inc. CFO Ronald Kyle Kettler reported an open-market purchase of 5,000 common shares at $5.18 per share on March 10, 2026. This transaction increases Kettler's direct ownership to 120,276 shares, demonstrating a positive sentiment towards the company. The purchase was detailed in an SEC Form 4 filing.
Granite Ridge Resources (NYSE:GRNT) Director Matthew Reade Miller Buys 10,000 Shares
Granite Ridge Resources (NYSE:GRNT) Director Matthew Reade Miller recently purchased 10,000 shares of the company's stock for $51,000, increasing his stake to 1,328,181 shares. The company announced a quarterly dividend of $0.11, yielding 8.6%, despite missing recent quarterly earnings expectations with an EPS of $0.01 and revenue of $105.49 million. The stock traded up approximately 2.1% to $5.13 during mid-day trading following the insider purchase.
Analysts Offer Insights on Energy Companies: EOG Resources (EOG), Expand Energy (EXE) and Granite Ridge Resources (GRNT)
This article summarizes recent analyst ratings and price targets for three energy companies: EOG Resources (EOG), Expand Energy (EXE), and Granite Ridge Resources (GRNT). Jefferies maintained a Buy rating on EOG Resources, Roth MKM maintained a Hold on Expand Energy, and Evercore ISI maintained a Hold on Granite Ridge Resources. The report includes details on analyst performance, consensus ratings, and potential upsides for each stock.
Granite Ridge (NYSE: GRNT) CAO forfeits shares to cover vesting tax
Granite Ridge Resources, Inc.'s Chief Accounting Officer, Kimberly Weimer, forfeited shares on two separate occasions in early March 2026 to cover tax obligations arising from the vesting of previously awarded restricted stock. These transactions were tax-withholding dispositions, not open-market sales, conducted under the company's 2022 Omnibus Incentive Plan. After these forfeitures, Weimer's direct ownership of Granite Ridge common stock stands at 97,914 shares.
Granite Ridge Resources Q4 Earnings Call Highlights
Granite Ridge Resources (NYSE: GRNT) reported increased production in Q4 2025, with average daily production up 27% year-over-year. The company is shifting to a Permian-focused, capital-efficient partnership model and aims for sustainable free cash flow by 2027, maintaining its $0.11 quarterly dividend despite commodity price pressures and a transitional 2026 outlook. Key initiatives include inventory capture, balance-sheet discipline, and a new ERCOT power project.
Granite Ridge (NYSE: GRNT) grows 2025 output and issues 2026 production guidance
Granite Ridge Resources, Inc. (NYSE: GRNT) reported significant production growth in 2025, with total output increasing 28% to 31,984 Boe per day and proved reserves rising to 62,347 MBoe. Despite a Q4 net loss, the company achieved a full-year net income of $24.4 million and Adjusted EBITDAX of $315.0 million, maintaining solid liquidity with a Net Debt to Adjusted EBITDAX ratio of 1.2x. For 2026, Granite Ridge forecasts average production of 34,000–36,000 Boe per day and expects capital expenditures between $320–$360 million, reflecting a continued focus on disciplined capital allocation and controlled development through Operated Partnerships.
Granite Ridge (NYSE: GRNT) CEO receives new stock and option grants
Granite Ridge Resources President and CEO Tyler Farquharson received stock-based compensation awards on March 4, 2026, as detailed in an SEC Form 4 filing. These awards included 61,937 employee stock options and a total of 47,656 shares of common stock, comprising vested performance stock units and restricted shares. The restricted stock and options will vest in annual installments over the next few years.
Granite Ridge Resources, Inc. Provides Production Guidance for the Year 2026
Granite Ridge Resources, Inc. has announced its production guidance for the year 2026, projecting an output of approximately 34,000 to 36,000 Boe per day. This guidance indicates an increase of about 9% at the midpoint compared to their 2025 production. The company is an oil and gas exploration and production firm with assets across various prolific unconventional basins in the United States.
Granite Ridge Resources (NYSE:GRNT) Posts Quarterly Earnings Results, Misses Expectations By $0.09 EPS
Granite Ridge Resources (NYSE:GRNT) reported its quarterly earnings, missing analysts' consensus estimates by $0.09 EPS with a reported $0.01 EPS. The company's revenue of $105.49 million also fell short of analyst estimates. Shares of GRNT were down 6.2%, and the company recently declared a quarterly dividend of $0.11 per share.
Analysts Offer Insights on Energy Companies: Matador Resources (MTDR), Helix Energy (HLX) and EOG Resources (EOG)
Analysts have provided new ratings for Matador Resources (MTDR), Helix Energy (HLX), and EOG Resources (EOG) within the Energy sector. Matador Resources received a Buy rating with a $52.00 price target from Bank of America Securities, while Helix Energy was also rated Buy with a $13.00 target by TD Cowen. EOG Resources received a Hold rating from Bank of America Securities with a target of $125.00.
Granite Ridge Resources (GRNT) Expected to Announce Earnings on Thursday
Granite Ridge Resources (GRNT) is set to announce its Q4 2025 earnings after market close on Thursday, March 5th, with analysts projecting $0.10 EPS and approximately $120.76 million in revenue. The company recently declared a quarterly dividend of $0.11, implying an 8.7% yield, and insiders have increased their holdings by over 20,000 shares in the last quarter. The stock currently trades with a market cap of about $664.8 million and has a consensus "Hold" rating with an $8 price target.
Granite Ridge (NYSE: GRNT) CFO discloses direct ownership of 700 common shares
Granite Ridge Resources, Inc. CFO Ronald Kyle Kettler has filed an initial Form 3, disclosing his beneficial ownership of 700 shares of common stock. This filing establishes his holdings as an officer and does not indicate any recent purchase or sale activity. The shares are directly owned and have a par value of $0.0001 per share.
Granite Ridge Resources, Inc. (NYSE:GRNT) Declares $0.11 Quarterly Dividend
Granite Ridge Resources, Inc. (NYSE:GRNT) has declared a quarterly dividend of $0.11 per share, equating to an annualized $0.44 and an 8.8% yield. The dividend is well-covered by current earnings, with a payout ratio of 65.7%, and is projected to remain sustainable with an expected payout ratio of approximately 62% next year based on analyst EPS estimates. Shares of Granite Ridge Resources fell 2.4% following the announcement, closing at $5.01.
Granite Ridge Resources (NYSE:GRNT) Trading Up 2.5% - Here's What Happened
Granite Ridge Resources (NYSE:GRNT) saw its shares trade up 2.5% to $5.1150 on Wednesday, with increased trading volume. The company recently declared a quarterly dividend of $0.11, despite a high payout ratio of 157.14%. Analyst ratings are mixed with a consensus "Hold," while insiders have also been increasing their positions in the stock.
Granite Ridge Resources Declares Quarterly Cash Dividend and Schedules Fourth Quarter 2025 Earnings Conference Call
Granite Ridge Resources, Inc. announced a quarterly cash dividend of $0.11 per share, payable on March 13, 2026, to shareholders of record as of February 27, 2026. The company also scheduled its fourth-quarter 2025 earnings conference call for Friday, March 6, 2026, at 10:00 a.m. CT, following the release of financial results on March 5, 2026.
Granite Ridge Resources Declares Quarterly Cash Dividend and Schedules Fourth Quarter 2025 Earnings Conference Call
Granite Ridge Resources (NYSE: GRNT) declared a quarterly cash dividend of $0.11 per share, payable on March 13, 2026, to shareholders of record as of February 27, 2026. The company also announced it will report its Q4 2025 financial results on March 5, 2026, and host an earnings conference call on March 6, 2026, at 10:00 a.m. CT to discuss these results.
Granite Ridge Resources Declares Quarterly Cash Dividend and Schedules Fourth Quarter 2025 Earnings Conference Call
Granite Ridge Resources (NYSE: GRNT) announced a quarterly cash dividend of $0.11 per share, payable on March 13, 2026, to shareholders as of February 27, 2026. The company also scheduled its fourth-quarter 2025 earnings release for March 5, 2026, with a conference call and webcast to follow on March 6, 2026, at 10:00 a.m. CT to discuss results. Granite Ridge focuses on providing exposure similar to energy private equity through operated partnerships and non-operated assets across various US basins.
Granite Ridge Resources Keeps Quarterly Dividend at $0.11 a Share, Payable March 13 to Shareholders of Record on Feb. 27
Granite Ridge Resources announced it will maintain its quarterly cash dividend at $0.11 per share. The dividend is scheduled to be paid on March 13, 2026, to shareholders who are on record as of February 27, 2026. This decision reflects the company's consistent dividend policy.
Granite Ridge Resources Declares Quarterly Cash Dividend and Schedules Fourth Quarter 2025 Earnings Conference Call
Granite Ridge Resources has announced a regular quarterly dividend of $0.11 per share, payable on March 13, 2026, to shareholders of record as of February 27, 2026. The company also scheduled its fourth quarter 2025 earnings conference call for March 6, 2026, at 10:00 a.m. CT, following the release of financial results on March 5, 2026. Interested parties can access the webcast or register for call access and Q&A participation online.
Institutions own 32% of Granite Ridge Resources, Inc. (NYSE:GRNT) shares but private equity firms control 48% of the company
Private equity firms hold a dominant 48% ownership in Granite Ridge Resources, Inc. (NYSE:GRNT), making them the most influential group, while institutional investors own 32% of the company's shares. Insiders also hold a significant stake worth US$23 million. The article details the breakdown of ownership and discusses the implications of such control, noting that the general public has 16% ownership and can influence decisions.
Granite Ridge Appoints Kyle Kettler as CFO
Granite Ridge Resources has named Kyle Kettler as its new Chief Financial Officer, effective February 9, 2026. The company's President and CEO, Tyler Farquharson, expressed enthusiasm for Kettler's strategic leadership and track record, anticipating his contribution to Granite Ridge's growth. This appointment reinforces the company's commitment to a strong leadership team for stakeholder value.
Granite Ridge Resources Appoints New Chief Financial Officer
Granite Ridge Resources has appointed Ronald "Kyle" Kettler as its new Chief Financial Officer, effective February 9, 2026. Kettler brings over 25 years of experience in energy finance and will receive a significant compensation package tied to long-term performance, emphasizing shareholder alignment. Spark, TipRanks' AI Analyst, rates GRNT as Neutral, noting a stable financial position but challenges from higher operating expenses and natural gas pricing.
Granite Ridge Resources, Inc. Appoints Kyle Kettler as Chief Financial Officer
Granite Ridge Resources, Inc. announced the appointment of Kyle Kettler as its new Chief Financial Officer, effective February 9, 2026. Mr. Kettler brings over 25 years of experience in energy finance and capital markets, and will oversee financial operations and strategic leadership. This appointment aims to strengthen the company's leadership team and drive shareholder value and long-term growth.
Granite Ridge Resources, Inc. Appoints Kyle Kettler as Chief Financial Officer
Granite Ridge Resources, Inc. (NYSE: GRNT) has announced the appointment of Kyle Kettler as its new Chief Financial Officer, effective February 9, 2026. Kettler brings over 25 years of experience in energy finance and capital markets, and will be responsible for overseeing financial operations and guiding the company's financial and business strategy. This appointment aims to support Granite Ridge's long-term growth objectives and enhance shareholder value.