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NYSE · Energy

Granite Ridge Resources, Inc. (GRNT)

As-reported financials and SEC filings for Granite Ridge Resources, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Granite Ridge Resources, Inc.

Granite Ridge Resources, Inc. is an energy company that owns and manages oil and gas assets across six major unconventional basins in the United States, including the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg, and Appalachian basins. The company operates through partnerships where it invests in and controls development projects with private operators, as well as through minority interests in assets managed by third-party operators. Granite Ridge focuses on generating cash flow, developing new wells, and maintaining a diversified portfolio to serve shareholders by providing exposure to energy investments.

Snapshot

Revenue
$450.3M
Revenue growth (YoY)
18.5%
Net income
$24.4M
Diluted EPS
$0.18
Gross margin
Operating margin
10.3%
Net margin
5.4%
FCF margin
ROE
4.0%
net income / fiscal-year-end equity
P/E
27.9×
trailing when available, otherwise FY EPS
Market cap
$663.5M
Long-term debt / equity
0.61×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Granite Ridge Resources

  • Revenue grew 18.5% to $450M in FY2025, after a 3.6% decline the year before.
  • Operating margin is 10.3% in FY2025, -39.0 pp against 49.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $149M, up 36.7% from Q2 FY2025.
  • Net income rose 29.8% to $24M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Granite Ridge Resources’s fundamentals sit among the 61 oil and gas companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin10.3%
47th percentile of 50
Net margin5.4%
40th percentile of 58
Revenue growth (YoY)+18.5%
66th percentile of 59
ROE4.0%
44th percentile of 49
P/E27.9×
88th percentile of 41
Long-term debt / equity0.61×
72nd percentile of 37
Short interest6.07d
76th percentile of 60

Granite Ridge Resources’s P/E of 27.9 ranks in the 88th percentile of the 41 peers with a meaningful P/E.

5 reported insider purchases (code P) totaling $88,649 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+7 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$17.4M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$6.7M1.5MAdded
Two Sigma InvestmentsquantQ2 2026$4.1M928.7KAdded
Millennium ManagementquantQ2 2026$3.4M778.0KReduced
Point72 Asset ManagementquantQ2 2026$1.9M427.3KAdded
Citadel AdvisorsquantQ2 2026$716,700162.5KAdded
Renaissance TechnologiesquantQ2 2026$328,98674.6KAdded
D. E. ShawquantQ2 2026$208,30247.2KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
5
3 insiders
Bought (90d)
$89K
code P value
Sells (90d)
0
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-13
filed 2026-08-17
MCCARTNEY JOHNDirectorBuy2.0K$5.00$10K
2026-08-13
filed 2026-08-17
Everard Michele JDirectorBuy1.0K$5.00$5K
2026-06-12
filed 2026-06-16
Miller Matthew ReadeDirectorBuy696$4.97$3K
2026-06-10
filed 2026-06-11
MCCARTNEY JOHNDirectorBuy4.0K$4.96$20K
2026-06-09
Miller Matthew ReadeDirectorBuy10.6K$4.75$50K
2026-05-27
filed 2026-05-29
Kettler Ronald KyleChief Financial OfficerBuy6.0K$5.08$30K
2026-05-21
filed 2026-05-22
MCCARTNEY JOHNDirectorBuy4.0K$5.54$22K
2026-05-19
filed 2026-05-20
MCCARTNEY JOHNDirectorBuy3.0K$5.81$17K
2026-05-18
Perry GriffinDirectorBuy100.0K$5.49$549K
2026-05-14
Everard Michele JDirectorBuy1.0K$5.28$5K
2026-05-13
Miller Matthew ReadeDirectorBuy18.2K$5.21$95K
2026-05-13
Farquharson TylerPresident and CEOBuy10.0K$5.15$52K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.7M
settled 2026-08-14
Change vs prior
-10.0%
vs previous settlement
Days to cover
6.07
at avg daily volume
Avg daily volume
782.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-144.7M-10.0%6.07
2026-07-315.3M-8.6%7.57
2026-07-155.8M+5.7%6.59
2026-06-305.5M+20.8%4.37
2026-06-154.5M+1.7%5.16
2026-05-294.4M+5.2%4.06
2026-05-154.2M-3.9%4.44
2026-04-304.4M+3.8%5.32

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$450.3M$380.0M$394.1M$497.4M$290.2M
Gross profit
Operating income$46.4M$59.3M$90.6M$302.1M$143.2M
Net income$24.4M$18.8M$81.1M$262.3M$108.5M
Diluted EPS$0.18$0.14$0.61$1.97$0.82

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$296.4M$275.7M$302.9M$346.4M$181.2M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$149.3M36.7%$30.0M$0.23
Q1 FY2026$128.3M4.3%$-47.0M$-0.36
Q4 FY2025$105.5M-0.8%$-25.1M$-0.19
Q3 FY2025$112.7M19.8%$14.5M$0.11
Q2 FY2025$109.2M20.5%$25.1M$0.19
Q1 FY2025$122.9M38.1%$9.8M$0.07
Q4 FY2024$106.3M-0.5%$-11.6M$-0.09
Q3 FY2024$94.1M-13.2%$9.1M$0.07

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryCrude Petroleum & Natural Gas
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2022
SEC CIK1928446

Selected SEC filings

10-K2026-03-06
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-08-19
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K12B2026-08-06
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest oil and gas peers

All oil and gas stocksAll Energy companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.