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 (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.
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. Reports First Quarter 2025 Results and Declares Quarterly Cash Dividend
Granite Ridge Resources, Inc. (NYSE: GRNT) released its first quarter 2025 financial and operating results, reporting a 23% increase in daily production to 29,245 barrels of oil equivalent per day. The company achieved $9.8 million in net income, $91.4 million in Adjusted EBITDAX, and invested over $105 million in capital expenditures. Following the successful quarter, the Board of Directors declared a regular quarterly dividend of $0.11 per share.
Granite Ridge Resources Insiders Added US$748.7k Of Stock To Their Holdings
Insiders at Granite Ridge Resources (NYSE:GRNT) have collectively added US$748.7k worth of stock to their holdings over the past year and quarter, demonstrating confidence in the company. The largest individual purchase was by Co-Chairman Matthew Miller for US$102k at a price higher than the current share price. This notable insider buying activity, combined with their 3.5% ownership stake, suggests they believe the stock may be undervalued.
Granite Ridge Resources (NYSE:GRNT) Sets New 1-Year Low - Time to Sell?
Granite Ridge Resources (NYSE:GRNT) recently hit a new 52-week low of $4.42, trading below its 50- and 200-day simple moving averages, with a market capitalization of $585 million. Analyst sentiment is mixed, with Zacks rating it a "strong sell" while the consensus remains "Hold" with an average price target of $8.00. Despite a significant dividend yield of 9.9%, the high payout ratio of 157.14% raises concerns about sustainability, though several company directors have recently increased their holdings, suggesting some insider confidence.
Granite Ridge Resources (NYSE:GRNT) Shares Gap Down - Here's What Happened
Granite Ridge Resources (NYSE:GRNT) shares gapped down following a previous close of $4.80, opening at $4.68 and last trading at $4.6150. The company faces a "Hold" consensus rating from analysts with an $8.00 target price, despite a recent "strong sell" downgrade from Zacks, and is characterized by a high dividend yield but a stretched payout ratio of 157.14%. Insiders, however, have been accumulating shares, indicating some internal confidence.
Small caps with dividend yields that surpass the 10-year Treasury yield – BofA
BofA Securities analysts have identified 25 small-cap companies within the Russell 2000 index whose dividend yields exceed the current 10-year Treasury yield. The analysts believe these companies are likely to maintain or increase their dividends, making them attractive to investors seeking higher yields.
Granite Ridge Resources (NYSE: GRNT) amends management pact and signs new power capacity commitment
Granite Ridge Resources (NYSE: GRNT) announced an amendment to its management services agreement with Grey Rock Administration, LLC, extending the term to April 30, 2031, and increasing annual fees. Concurrently, its subsidiary, Granite Ridge Ventures, LLC, entered into a new power capacity commitment with Conduit Bravo LLC, an affiliated company. These actions secure long-term management support and establish a new power arrangement with a related party.
Granite Ridge Resources (NYSE:GRNT) Trading Down 5.1% - Here's Why
Granite Ridge Resources (NYSE:GRNT) saw its stock price drop by 5.1% on Thursday, closing at $5.0950 with a trading volume 22% below its daily average. The company faces mixed analyst ratings, with Zacks downgrading it to a "strong sell" while the consensus remains "Hold" with an $8.00 price target. Despite announcing a quarterly dividend of $0.11 (8.6% yield), its high payout ratio of 157.14% raises sustainability concerns, though insiders have recently increased their ownership.
Freedom Capital Downgrades Granite Ridge (GRNT) to Hold, Cuts PT to $7
Freedom Capital Markets downgraded Granite Ridge Resources, Inc. (GRNT) from Buy to Hold and cut its price target from $7.80 to $7.00 due to the company's debt burden from production expansion. Despite the downgrade, Freedom Capital acknowledges Granite Ridge's "controlling non-op" model, which blends control with low-risk funding for steady returns, and the company's strong profitability and inventory life. Granite Ridge recently reported a 20% increase in Q3 2025 revenues, driven by a 27% surge in average daily production, leading to a quarterly cash dividend of $0.11 per share.
John Mccartney Acquires 5,000 Shares of Granite Ridge Resources (NYSE:GRNT) Stock
John Mccartney, a Director at Granite Ridge Resources (NYSE:GRNT), recently acquired 5,000 shares of the company's stock, bringing his total direct ownership to 113,117 shares. This purchase, along with several others since November, signals sustained insider buying despite concerns about the company's dividend payout ratio. Granite Ridge Resources stock traded at $5.31 with an 8.3% dividend yield, and analysts maintain a consensus "Hold" rating with an $8.00 price target.
Granite Ridge Resources director McCartney buys $21k in shares By Investing.com
John McCartney, a director at Granite Ridge Resources, purchased 4,000 shares for $21,640, bringing his total direct ownership to 108,117 shares. The company shows a strong financial position with an 8.12% dividend yield and positive revenue growth, despite a recent downgrade by Freedom Capital Markets due to increased debt from asset acquisitions. InvestingPro analysis indicates the stock is trading near its Fair Value.
Granite Ridge Resources (NYSE:GRNT) Director John Mccartney Purchases 4,000 Shares
Granite Ridge Resources (NYSE:GRNT) Director John Mccartney recently acquired 4,000 shares of the company's stock at $5.41 per share, increasing his direct ownership to 108,117 shares. This purchase, part of several transactions in November and December, boosts his stake by 3.84%. The company also declared a quarterly dividend of $0.11 per share, representing an 8.3% yield, though its payout ratio is high at 157.14%.
Granite Ridge Resources (NYSE:GRNT) Director Acquires $50,038.04 in Stock
Granite Ridge Resources (NYSE:GRNT) Director Matthew Reade Miller recently purchased 9,388 shares of company stock for $50,038.04, increasing his direct stake to over 1.29 million shares. The company has declared a quarterly dividend of $0.11 per share, implying an 8.1% yield, but with a high payout ratio of 157.14%. Analysts currently have a consensus "Hold" rating for GRNT with a target price of $8.00.
Granite Ridge Resources director Miller buys $50k in shares By Investing.com
Matthew Reade Miller, a director of Granite Ridge Resources, Inc. (NASDAQ:GRNT), acquired 9,388 shares of the company's common stock for $50,038 on December 4, 2025. This transaction increased his direct ownership to 1,297,518 shares. The news follows a reported rise in Granite Ridge Resources' Q3 2025 revenue and a recent downgrade by Freedom Capital Markets due to increased debt from asset acquisitions.
Granite Ridge Resources director McCartney buys $5,365 in stock By Investing.com
Granite Ridge Resources, Inc. director John McCartney purchased 1,026 shares of company stock for $5,365 on December 1, 2025. This transaction increases his direct ownership to 104,117 shares, with the purchase price aligning with the stock's Fair Value assessment. The company, which has a market cap of $673 million and an 8.56% dividend yield, also recently reported a significant revenue increase but faces concerns regarding future earnings and increased debt due to asset acquisitions.
Granite Ridge Resources (NYSE:GRNT) Director John Mccartney Acquires 4,000 Shares
Granite Ridge Resources (NYSE:GRNT) Director John Mccartney recently acquired 4,000 shares of the company's stock on November 17th at an average price of $5.18 per share, increasing his total holdings to 95,091 shares. This purchase is part of a series of acquisitions by McCartney, signaling continued insider confidence. The company also declared a quarterly dividend of $0.11, yielding 8.6%, with an ex-dividend date of November 28th.
Granite Ridge Resources (NYSE:GRNT) Director Purchases $20,680.00 in Stock
Granite Ridge Resources Director John Mccartney recently purchased 4,000 shares of the company's stock for $20,680.00, increasing his direct stake to 91,091 shares. The company also declared a quarterly dividend of $0.11 per share, with an annualized yield of 8.5%. Analyst ratings for GRNT are mixed, with an average "Hold" rating and a consensus price target of $8.00.
Granite Ridge Resources, Inc. Reports Third Quarter 2025 Results and Declares Quarterly Cash Dividend
Granite Ridge Resources, Inc. announced strong financial and operating results for the third quarter of 2025, including a 27% increase in daily production and net income of $14.5 million. The company also declared a quarterly cash dividend of $0.11 per share and highlighted strategic balance sheet strengthening through proactive refinancing. This performance underscores the consistency of its operating model and the strength of its diversified portfolio.
Granite Ridge Resources Reports Strong Q3 2025 Results
Granite Ridge Resources, Inc. announced strong Q3 2025 financial results, including a 27% increase in daily production to 31,925 barrels of oil equivalent per day and net income of $14.5 million. The company generated $78.6 million in Adjusted EBITDAX, invested $64 million in capital expenditures, and issued $350 million in senior unsecured notes to strengthen its financial position. These results highlight Granite Ridge's strategic focus on operational excellence and capital efficiency, positioning it for continued growth into 2026.
Granite Ridge Resources, Inc. Announces CEO Transition
Granite Ridge Resources, Inc. announced a CEO transition, with Luke Brandenberg stepping down and Tyler Farquharson, the current CFO, being promoted to President and Chief Executive Officer, effective June 12, 2025. Kim Weimer was also appointed Interim Chief Financial Officer and Chief Accounting Officer. The company reaffirmed its 2025 operational and financial guidance and is actively seeking a permanent CFO.
Granite Ridge Resources, Inc. $GRNT Stock Position Trimmed by Denali Advisors LLC
Denali Advisors LLC significantly reduced its stake in Granite Ridge Resources (NYSE:GRNT) by 39.1%, now owning 0.11% of the company valued at $888,000. Despite a consensus "Hold" rating and an average price target of $8.00, the company announced a quarterly dividend of $0.11 per share, resulting in an 8.4% yield with a high payout ratio. Insider activity shows Director John Mccartney acquiring additional shares, while institutional investors hold 31.56% of the stock.
Granite Ridge Resources Schedules Third Quarter 2025 Earnings Conference Call
Granite Ridge Resources (NYSE: GRNT) announced it will release its third-quarter 2025 financial and operating results on Thursday, November 6, 2025, after market close. The company will also host a webcast and conference call on Friday, November 7, 2025, at 10:00 a.m. central time to discuss these results. Details for accessing the webcast and conference call, including pre-registration and dial-in information, were provided.
Analysts’ Opinions Are Mixed on These Energy Stocks: Devon Energy (DVN) and EOG Resources (EOG)
Analysts have offered mixed opinions on Devon Energy (DVN) and EOG Resources (EOG), two significant players in the energy sector. Evercore ISI maintained a "Hold" rating on Devon Energy with a $37.00 price target, while giving EOG Resources a "Buy" rating with a $149.00 price target. The consensus for Devon Energy is a "Moderate Buy" with a target of $43.56, and EOG Resources also holds a "Moderate Buy" consensus with an average price target of $141.87.
Granite Ridge Resources Schedules Third Quarter 2025 Earnings Conference Call
Granite Ridge Resources, Inc. announced its schedule for reporting third-quarter 2025 financial and operating results. The company will release results on Thursday, November 6, 2025, after market close, followed by a webcast and conference call on Friday, November 7, 2025, at 10:00 a.m. central time. Access details for the webcast and conference call are provided, including pre-registration links and dial-in information.
Is There An Opportunity With Granite Ridge Resources, Inc.'s (NYSE:GRNT) 42% Undervaluation?
Granite Ridge Resources (NYSE:GRNT) appears to be undervalued by 42% based on a Dividend Discount Model, with a fair value estimate of US$9.91 compared to its current share price of US$5.77. The analysis highlights that GRNT's earnings are forecast to grow faster than the American market, and there has been significant insider buying. However, it also notes that dividends are not covered by earnings and revenue growth is projected to be slower than the market.
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
Granite Ridge Resources (NYSE: GRNT) announced it will report its second quarter 2025 financial and operating results on Thursday, August 7, 2025, after market close. The company will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss these results. Details for joining the webcast or conference call, and accessing an audio replay, are provided in the announcement.
Granite Ridge Resources (NYSE:GRNT) Sees Increased Institutional Participation NYSE Composite
Granite Ridge Resources (NYSE:GRNT) has experienced increased institutional participation, with GAMMA significantly expanding its position in the recent quarter. Additional institutional activity has been observed from multiple financial firms, and company insiders also acquired more equity during the same period.
NYSE-Listed Granite Ridge Resources Names Its CFO as New President and CEO
Granite Ridge Resources, a Dallas-based oil and gas company, has appointed its CFO, Tyler Farquharson, as the new President and CEO. Farquharson, who joined the company in 2022, brings nearly two decades of experience in the energy industry. Luke Brandenberg has stepped down from the role, and Kim Weimer has been named interim chief financial officer.
PRN_FinancialWrapper | PR Newswire - Granite Ridge Resources, Inc. Announces CEO Transition
Granite Ridge Resources, Inc. (NYSE: GRNT) announced a leadership transition with Luke Brandenberg stepping down as President and CEO, effective June 11, 2025. Tyler Farquharson, previously CFO, has been promoted to President and CEO, while Kim Weimer will serve as Interim Chief Financial Officer and Chief Accounting Officer. The company is actively searching for a permanent CFO and has reaffirmed its operational and financial guidance for 2025, stating the transition is unrelated to performance.
Granite Ridge Resources, Inc. Announces CEO Transition
Granite Ridge Resources, Inc. announced a CEO transition, with Luke Brandenberg stepping down and Tyler Farquharson, formerly CFO, promoted to President and CEO. Kim Weimer will serve as Interim CFO and Chief Accounting Officer as the company searches for a permanent CFO. The company reaffirmed its 2025 guidance and emphasized that the leadership change is unrelated to performance.
Granite Ridge Resources Promotes Tyler Farquharson as CEO
Granite Ridge Resources, Inc. announced that Luke Brandenberg has stepped down as President and CEO, effective June 11, 2025. Tyler Farquharson, previously CFO, has been promoted to President and CEO, and Kim Weimer, Chief Accounting Officer, to Interim Chief Financial Officer and Chief Accounting Officer. The company is actively searching for a permanent CFO and reaffirms its operational and financial guidance for 2025.
Granite Ridge Resources, Inc.'s (NYSE:GRNT) largest shareholders are private equity firms with 48% ownership, institutions own 30%
Private equity firms hold a significant 48% ownership in Granite Ridge Resources, Inc. (NYSE:GRNT), making them the largest shareholder group, followed by institutional investors with 30%. The top three shareholders collectively own over half of the company's shares, giving them considerable influence over decisions. Insiders also own a portion of the company and have been buying shares recently.
Is Granite Ridge Resources (GRNT) Among The Small–Cap Stocks Insiders Are Buying Recently?
Granite Ridge Resources (GRNT) is highlighted as a small-cap stock with recent insider buying activity. Six insiders acquired shares worth approximately $741,000, signaling confidence in the company. Despite a recent stock decline, analysts rate GRNT as "Buy" with a 12-month price target of $7.60, thanks to its diverse portfolio and dividend-paying status.
New publicly-traded entity Granite Ridge to focus on non-operated assets
Granite Ridge Resources, a new publicly traded company formed by Grey Rock Investment Partners and Executive Network Partnering Corporation, will focus on non-operated oil and gas properties across the nation's five major producing basins. Valued initially between $1.3 billion and $1.7 billion, the company aims to consolidate the non-operated space and offer a diversified portfolio, with a significant portion of its assets in the Permian Basin. Granite Ridge will be led by CEO Luke Brandenberg and CFO Tyler Farquharson and is expected to provide increased access to capital for investors in the energy sector.
