Granite Ridge Resources, Inc. (GRNT)Energy | Oil & Gas E&P | Dallas, United States | NYSE
4.95 USD
-0.42
(-7.821%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 5.00 +0.05 (1.010%) ⇧ (April 17, 2026, 7:56 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:06 a.m. EDT
GRNT is a bearish value trap disguised as a dividend play. While the 8.9% yield looks attractive, the company is burning -$40M+ annually in free cash flow to sustain it, with a target to only reach positive FCF in 2027. The options market has already priced in a significant downside scenario, positioning heavy protection at levels far below the current price. Fundamentals show deteriorating equity returns and high debt relative to equity, making it a poor buy-and-hold candidate. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.114659 |
| AutoETS | 0.114662 |
| MSTL | 0.114665 |
| AutoTheta | 0.116563 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 12.75 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.300 |
| Excess Kurtosis | -0.82 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2026-02-26 |
| Last Dividend Date | 2026-02-26 |
| Debt to Equity Ratio | 63.611 |
| Revenue per Share | 3.281 |
| Market Cap | 652,935,296 |
| Trailing P/E | 27.50 |
| Forward P/E | 6.31 |
| Beta | 0.22 |
| Profit Margins | 5.69% |
| Website | https://www.graniteridge.com |
As of April 19, 2026, 12:06 a.m. EDT: Speculative positioning indicates a corrosive bias against the stock. Put buying is heavily skewed toward OTM strikes (expirations through Oct 2026) at levels far below current price, while Call open interest is concentrated in the money (OTM relative to current price but ITM relative to some model strikes, though the data shows bulk OI at strikes like 10.00 in May and 7.50/10.00 in Oct). However, the flow is notably more aggressive in selling (puts) than covering/calling. The dominant signal is heavy Open Interest in 5-strike Put options with significantly higher volume than open interest, suggesting a bearish hedge or short squeeze play for near-term downside. This contradicts the bullish 'Golden Cross' narrative seen in headlines.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.17% | 8.51% | 8.24% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-02-27 | 0.11 | 2.173913 |
| 2025-11-28 | 0.11 | 2.183101 |
| 2025-08-29 | 0.11 | 2.065731 |
| 2025-05-30 | 0.11 | 2.084183 |
| 2025-02-28 | 0.11 | 2.033792 |
| 2024-11-29 | 0.11 | 1.885771 |
| 2024-08-30 | 0.11 | 1.948186 |
| 2024-05-31 | 0.11 | 1.921212 |
| 2024-02-29 | 0.11 | 2.080585 |
| 2023-11-30 | 0.11 | 2.204054 |
| 2023-08-31 | 0.11 | 1.792429 |
| 2023-05-31 | 0.11 | 2.360085 |
| 2023-02-28 | 0.11 | 2.590820 |
| 2022-11-30 | 0.08 | 1.120982 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.055437088 |
| Address1 | 5,217 McKinney Avenue |
| Address2 | Suite 400 |
| All Time High | 14.0 |
| All Time Low | 4.18 |
| Ask | 4.98 |
| Ask Size | 2,400 |
| Audit Risk | 8 |
| Average Analyst Rating | 2.6 - Hold |
| Average Daily Volume10 Day | 939,080 |
| Average Daily Volume3 Month | 839,766 |
| Average Volume | 839,766 |
| Average Volume10Days | 939,080 |
| Beta | 0.219 |
| Bid | 4.94 |
| Bid Size | 3,200 |
| Board Risk | 10 |
| Book Value | 4.615 |
| City | Dallas |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.95 |
| Current Ratio | 1.249 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 5.14 |
| Day Low | 4.86 |
| Debt To Equity | 63.611 |
| Display Name | Granite Ridge Resources |
| Dividend Date | 1,773,360,000 |
| Dividend Rate | 0.44 |
| Dividend Yield | 8.89 |
| Earnings Call Timestamp End | 1,778,252,400 |
| Earnings Call Timestamp Start | 1,778,252,400 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,778,184,000 |
| Earnings Timestamp Start | 1,778,184,000 |
| Ebitda | 333,796,000 |
| Ebitda Margins | 0.78007007 |
| Enterprise To Ebitda | 3.027 |
| Enterprise To Revenue | 2.361 |
| Enterprise Value | 1,010,277,312 |
| Eps Current Year | 0.61 |
| Eps Forward | 0.784 |
| Eps Trailing Twelve Months | 0.18 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,772,150,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.3332 |
| Fifty Day Average Change | -0.38320017 |
| Fifty Day Average Change Percent | -0.07185183 |
| Fifty Two Week Change Percent | 5.543709 |
| Fifty Two Week High | 6.72 |
| Fifty Two Week High Change | -1.77 |
| Fifty Two Week High Change Percent | -0.26339287 |
| Fifty Two Week Low | 4.18 |
| Fifty Two Week Low Change | 0.77 |
| Fifty Two Week Low Change Percent | 0.18421052 |
| Fifty Two Week Range | 4.18 - 6.72 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,604,673,000,000 |
| Float Shares | 57,968,140 |
| Forward Eps | 0.784 |
| Forward P E | 6.3137755 |
| Free Cashflow | -162,907,120 |
| Full Exchange Name | NYSE |
| Full Time Employees | 6 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.78954005 |
| Gross Profits | 337,848,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.08365 |
| Held Percent Institutions | 0.78406996 |
| Implied Shares Outstanding | 131,906,125 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,772,150,400 |
| Last Dividend Value | 0.11 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,616,716,800 |
| Last Split Factor | 2,499:1000 |
| Long Business Summary | Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas. |
| Long Name | Granite Ridge Resources, Inc. |
| Market | us_market |
| Market Cap | 652,935,296 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1821640161 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 24,650,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 652,935,318 |
| Number Of Analyst Opinions | 5 |
| Open | 5.12 |
| Operating Cashflow | 296,414,016 |
| Operating Margins | 0.20864001 |
| Overall Risk | 9 |
| Payout Ratio | 2.4444 |
| Phone | 214 396 2850 |
| Post Market Change | 0.05000019 |
| Post Market Change Percent | 1.0101049 |
| Post Market Price | 5.0 |
| Post Market Time | 1,776,470,185 |
| Previous Close | 5.37 |
| Price Eps Current Year | 8.114754 |
| Price Hint | 4 |
| Price To Book | 1.0725894 |
| Price To Sales Trailing12 Months | 1.525885 |
| Profit Margins | 0.05691 |
| Quick Ratio | 1.05 |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.6 |
| Region | US |
| Regular Market Change | -0.42 |
| Regular Market Change Percent | -7.82123 |
| Regular Market Day High | 5.14 |
| Regular Market Day Low | 4.86 |
| Regular Market Day Range | 4.86 - 5.14 |
| Regular Market Open | 5.12 |
| Regular Market Previous Close | 5.37 |
| Regular Market Price | 4.95 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 961,308 |
| Return On Assets | 0.06696 |
| Return On Equity | 0.03924 |
| Revenue Growth | 0.001 |
| Revenue Per Share | 3.281 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 131,906,125 |
| Shares Percent Shares Out | 0.0294 |
| Shares Short | 3,876,753 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 3,871,033 |
| Short Name | Granite Ridge Resources, Inc. |
| Short Percent Of Float | 0.07 |
| Short Ratio | 3.47 |
| Source Interval | 15 |
| State | TX |
| Symbol | GRNT |
| Target High Price | 13.0 |
| Target Low Price | 5.0 |
| Target Mean Price | 7.4 |
| Target Median Price | 6.0 |
| Total Cash | 25,806,000 |
| Total Cash Per Share | 0.196 |
| Total Debt | 385,332,000 |
| Total Revenue | 427,905,984 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.44 |
| Trailing Annual Dividend Yield | 0.08193669 |
| Trailing Eps | 0.18 |
| Trailing P E | 27.499998 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 5.2296 |
| Two Hundred Day Average Change | -0.27960014 |
| Two Hundred Day Average Change Percent | -0.05346492 |
| Type Disp | Equity |
| Volume | 961,308 |
| Website | https://www.graniteridge.com |
| Zip | 75,205 |