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Q2 2026 earnings • released • EPS beat +21.62% • Revenue beat +3.37%
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GRNT:NYSE
Granite Ridge Resources Inc
$4.88
+4.72%
(+0.22) 1D
$4.88
0.00% (0.00)
After hours
Closed: Aug 7, 4:00:03 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for GRNT...
Open
$4.83
High
$5.00
Low
$4.74
Mkt. cap
643.65M
Avg. vol.
869.97K
Volume
1.43M
Dividend
9.02%
Quarterly dividend
$0.11
Ex-dividend date
May 29, 2026
52-wk high
$6.14
52-wk low
$4.18
EPS
-$0.25
Beta
0.20
Shares outstanding
131.90M
No. of employees
6
Open
$4.83
High
$5.00
Low
$4.74
Mkt. cap
643.65M
Avg. vol.
869.97K
Volume
1.43M
Dividend
9.02%
Quarterly dividend
$0.11
Ex-dividend date
May 29, 2026
52-wk high
$6.14
52-wk low
$4.18
EPS
-$0.25
Beta
0.20
Shares outstanding
131.90M
No. of employees
6
News stories
From sources across the web
About Granite Ridge Resources Inc
CEO-
Employees6
Founded2022
HeadquartersDallas, Texas, United States
SectorEnergy
Websitegraniteridge.com
Analyst ratings
Based on 2 analysts giving stock ratings to GRNT in the past 3 months
Buy
Buy
1
Hold
1
Sell
0
12-month forecast
Based on 2 Wall Street analysts offering 12 month price targets for GRNT in the last 3 months.
Highest
Current $4.88
$9.00 (+84.43%)
Average
$7.50 (+53.69%)
Lowest
$6.00 (+22.95%)
Analyst
Recommendation
Action
Price target
Projected
Date
Jeff Grampp
Northland Securities
Buy
Initiated
$9.00
+84.4%
07/08/2026
Chris Baker
Evercore ISI
Hold
Maintained
$6.00
+23%
05/11/2026
Michael Scialla
Stephens
Buy
Reiterated
$11.00
+125.4%
05/08/2026
Noah Hungness
Bank of America Securities
Hold
Maintained
$5.50
+12.7%
04/27/2026
Unknown Analyst
Siebert Williams Shank & Co
Hold
Maintained
-
-
02/13/2026
Last report
Aug 7, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$0.09 / $0.07
+21.62%beat
Revenue / Est. (USD)
149.27M / 144.40M
+3.37%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
107.27M
100.38M
122.16M
149.27M
Cost of goods sold
24.75M
26.05M
31.82M
39.24M
Cost of revenue
24.75M
26.05M
31.82M
39.24M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
6.99M
8.04M
9.08M
9.15M
Operating expense
57.71M
53.39M
136.35M
48.87M
Total operating expenses
82.46M
79.44M
168.17M
88.12M
Operating income
24.81M
20.94M
-46.00M
61.16M
Other non operating income
-
-1.00K
158.00K
157.00K
EBT including unusual items
19.29M
-32.73M
-60.66M
38.87M
EBT excluding unusual items
18.74M
12.44M
-56.16M
50.24M
Income tax expense
4.77M
-7.66M
-13.63M
8.87M
Effective tax rate
24.72%
23.42%
22.47%
22.83%
Other operating expenses
-5.22M
-12.54M
72.29M
-12.95M
Net income
14.52M
-25.06M
-47.03M
30.00M
Net profit margin
13.54%
-24.97%
-38.50%
20.09%
Earnings per share
0.09
0.01
0.02
0.09
Interest and investment income
-
-
-
-
Interest expense
-6.07M
-8.50M
-10.32M
-11.07M
Net interest expenses
-6.07M
-8.50M
-10.32M
-11.07M
Depreciation and amortization charges
55.95M
57.90M
54.98M
52.67M
EBITDA
80.76M
78.84M
20.15M
102.65M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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