profit from every $100 of sales.

Granite Ridge Resources
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $34.13 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Granite Ridge Resources sold, what it kept, and what it did with the cash.
Sales went from $497 million in 2022 to $450 million in 2025, with $24.4 million of profit last year.
Granite Ridge Resources vs. similar companies
Granite Ridge Resources grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Granite Ridge Resources | 34.1× · Expensive | ||
EQT | 16.2× · Fair price | ||
Coterra Energy | 14.4× · Cheap | ||
Expand Energy | 11.2× · Cheap | ||
Permian Resources | 20.7× · Fair price |
AI analysis
An AI analyst reads Granite Ridge Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 497 | 394 | 380 | 450 | |
| 316 | 145 | 120 | 122 | |
| 302 | 117 | 96 | 91 | |
| 383 | 272 | 220 | 273 | |
| 262 | 81 | 19 | 24 | |
| 1.97 | 0.61 | 0.14 | 0.18 | |
| 63.6% | 36.8% | 31.6% | 27.1% | |
| 60.7% | 29.7% | 25.2% | 20.2% | |
| 52.7% | 20.6% | 4.9% | 5.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 795 | 927 | 1,036 | 1,168 |
| Cash | 51 | 10 | 9 | 15 |
| Total debt | – | 110 | 205 | 385 |
| Total liabilities | 131 | 255 | 401 | 562 |
| 664 | 672 | 635 | 606 | |
| 133 | 133 | 130 | 131 | |
| 33.0% | 11.2% | 4.1% | 4.6% | |
| 39.5% | 12.1% | 3.0% | 4.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 346 | 303 | 276 | 296 | |
| 235 | 359 | 347 | 419 | |
| 112 | -56 | -71 | -123 | |
| Dividends paid | 11 | 59 | 57 | 58 |
| 0 | 35 | 0 | 0 | |
| 0 | 2 | 2 | 4 |
Valuation
- 34.1×
- 9.8×
- –
- 1.2×
- 1.8×
- –
- 4.4×
- -14.8%
- 2.9%
- 8.5%
Profitability
- 27.1%
- 20.2%
- 5.4%
- 63.3%
- 5.5%
- 15.0%
- -5.3%
- -2.7%
- 7.2%
- –
Growth
- −3.3%
- −55.0%
- −72.4%
- –
- −0.5%
Financial health
- 1.4×
- 0.78
- 35.7%
- 7.4×
- 0.93
- 0.93
- 0.38
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.02 | 0.09 | −77.8% |
| Mar 5, 2026 | 0.01 | 0.10 | −90.0% |
| Nov 6, 2025 | 0.09 | 0.14 | −35.7% |
| Aug 7, 2025 | 0.11 | 0.13 | −15.4% |
| May 8, 2025 | 0.22 | 0.20 | +10.0% |
| Mar 6, 2025 | 0.17 | 0.14 | +21.4% |
| Nov 7, 2024 | 0.14 | 0.14 | +0.0% |
| Aug 8, 2024 | 0.13 | 0.14 | −7.1% |
Paid per share, each year
$0.08 in 2022 → $0.44 in 2025
How safe it looks
236.9% of its profit
Room to growStretchedMore than it earns: -47.0%
News
Granite Point Mortgage Trust Inc. 7% FLTG PFD SR A declares $0.4375 dividendSeeking Alpha · Sep 16, 2026The newest story we have is from Sep 16, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Granite Ridge Resources
Is Granite Ridge Resources a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Granite Ridge Resources AI analysis
What does Granite Ridge Resources do?
Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. It invests in oil and gas exploration and production. The company is based in Dallas, Texas. It is in Oil & Gas Exploration & Production.
Does Granite Ridge Resources pay a dividend?
Yes. At today's price the dividend is 8.5% a year, about 237% of its yearly profit. In 2025 it paid out $57.7 million in dividends.
Is Granite Ridge Resources stock halal?
No. Granite Ridge Resources does not pass our halal screen: its debt is 46% of its market value, at or above the 33% limit. How we check
How has Granite Ridge Resources stock done over the past year?
Up 21.2% over the past twelve months, to $6.30. It traded between $4.21 and $6.49 and is 2.9% below its high.
Who are Granite Ridge Resources's competitors?
The largest listed companies in the same industry are EQT, Coterra Energy, Expand Energy and Permian Resources. The peers table on this page compares their profit, growth and price with Granite Ridge Resources's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



