| Indicators | Browse All

Granite Ridge Resources, Inc. (GRNT)

Energy | Oil & Gas E&P | Dallas, United States | NYSE
4.94 USD -0.15 (-2.947%) ⇩ (Oct. 14, 2026, 4 p.m. EDT)
After hours: 4.94

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 2:56 a.m. EDT

The investment case here is fractured by a severe disconnect between the headline-grabbing dividend yield and the company's actual financial health. While the 9.17% yield looks attractive on paper, the payout ratio of 244% reveals a dangerous reality: the company is distributing nearly 2.5 times its earnings. With negative trailing EPS, free cash flow, and a deteriorating return on equity, this dividend is likely being funded by debt or asset sales, making it unsustainable and a prime candidate for a cut. The balance sheet is equally concerning, with debt significantly outweighing equity and cash reserves. Fundamentally, the business is struggling, evidenced by negative profitability and a recent downgrade to 'Strong Sell' by Zacks. The options market confirms this pessimism, with traders aggressively buying put insurance at strikes far below the current price, while the statistical forecast model offers almost no directional bias. Despite the analyst consensus leaning toward a buy based on forward estimates, the immediate risk of dividend erosion and continued operational losses makes this a speculative trap rather than a value opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.078249
AutoETS0.082558
AutoARIMA0.082851
AutoTheta0.086503

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 48%
H-stat 0.81
Ljung-Box p 0.000
Jarque-Bera p 0.062
Excess Kurtosis -0.35
Attribute Value
Sector Energy
Ex Dividend Date 2026-08-27
Last Dividend Date 2026-08-27
Debt to Equity Ratio 82.171
Revenue per Share 3.618
Market Cap 651,587,200
Forward P/E 6.50
Beta 0.20
Profit Margins -5.84%
Website https://www.graniteridge.com

As of Oct. 10, 2026, 2:56 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts (especially at the $2.50 strike) compared to calls. Implied volatility is markedly higher for puts (1.2x ATM) than calls, indicating fear of a sharp drop. While there is some call volume at higher strikes ($7.50), the overwhelming capital allocation is defensive, suggesting a 'buy the dip' strategy rather than a bullish breakout expectation.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.17% 8.75% 7.77% —
Dividend History
Date Dividend Yield %
2026-08-28 0.11 2.173913
2026-05-29 0.11 2.263374
2026-02-27 0.11 2.173913
2025-11-28 0.11 2.135922
2025-08-29 0.11 1.978417
2025-05-30 0.11 1.957295
2025-02-28 0.11 1.873935
2024-11-29 0.11 1.705426
2024-08-30 0.11 1.732283
2024-05-31 0.11 1.679389
2024-02-29 0.11 1.788618
2023-11-30 0.11 1.861252
2023-08-31 0.11 1.486486
2023-05-31 0.11 1.929825
2023-02-28 0.11 2.079395
2022-11-30 0.08 0.882029
Additional Data
dividendYield 8.64
exDividendDate 2026-08-28
trailingAnnualDividendRate 0.44
trailingAnnualDividendYield 0.086444005
lastDividendValue 0.11
lastDividendDate 2026-08-28
dividendDate 2026-09-14

Info Dump

Attribute Value
52 Week Change -0.05390334
Address1 5,217 McKinney Avenue
Address2 Suite 400
All Time High 14.0
All Time Low 4.18
Ask 5.0
Ask Size 5,100
Audit Risk 7
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 1,102,520
Average Daily Volume3 Month 1,158,917
Average Volume 1,158,917
Average Volume10Days 1,102,520
Beta 0.202
Bid 4.94
Bid Size 6,200
Board Risk 10
Book Value 4.264
City Dallas
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 4.94
Current Ratio 1.024
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 5.11
Day Low 4.9
Debt To Equity 82.171
Display Name Granite Ridge Resources
Dividend Date 1,789,344,000
Dividend Yield 8.64
Earnings Call Timestamp End 1,793,995,200
Earnings Call Timestamp Start 1,793,995,200
Earnings Growth 0.197
Earnings Quarterly Growth 0.196
Earnings Timestamp 1,793,908,800
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda 282,500,000
Ebitda Margins 0.59789
Enterprise To Ebitda 3.786
Enterprise To Revenue 2.264
Enterprise Value 1,069,603,200
Eps Current Year 0.455
Eps Forward 0.76
Eps Trailing Twelve Months -0.22
Esg Populated 0
Ex Dividend Date 1,787,875,200
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.8866
Fifty Day Average Change 0.05340004
Fifty Day Average Change Percent 0.010927851
Fifty Two Week Change Percent -5.390334
Fifty Two Week High 6.145
Fifty Two Week High Change -1.2049999
Fifty Two Week High Change Percent -0.19609438
Fifty Two Week Low 4.18
Fifty Two Week Low Change 0.7600002
Fifty Two Week Low Change Percent 0.18181825
Fifty Two Week Range 4.18 - 6.145
Financial Currency USD
First Trade Date Milliseconds 1,604,673,000,000
Float Shares 72,740,345
Forward Eps 0.76
Forward P E 6.5
Free Cashflow -87,232,496
Full Exchange Name NYSE
Full Time Employees 6
Fullday Change 0.10220003
Fullday Change Percent 2.1247408
Fullday Price 4.94
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.75607
Gross Profits 357,239,008
Has Pre Post Market Data 1
Held Percent Insiders 0.10882
Held Percent Institutions 0.75504
Implied Shares Outstanding 131,900,242
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 1,787,875,200
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 an energy company. It owns assets in six prolific unconventional basins across the United States. The company is based in Dallas, Texas.
Long Name Granite Ridge Resources, Inc.
Market us_market
Market Cap 651,587,200
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1821640161
Most Recent Quarter 1,782,777,600
Net Income To Common -27,342,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 594,870,091
Number Of Analyst Opinions 5
Open 5.11
Operating Cashflow 256,208,000
Operating Margins 0.36453
Overall Risk 9
Payout Ratio 2.4444
Phone 214 396 2850
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 4.94
Post Market Time 1,792,008,605
Previous Close 5.09
Price Eps Current Year 10.857142
Price Hint 4
Price To Book 1.1585367
Price To Sales Trailing12 Months 1.379041
Profit Margins -0.05836
Quick Ratio 0.959
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.8
Region US
Regular Market Change -0.15
Regular Market Change Percent -2.94696
Regular Market Day High 5.11
Regular Market Day Low 4.9
Regular Market Day Range 4.9 - 5.11
Regular Market Open 5.11
Regular Market Previous Close 5.09
Regular Market Price 4.94
Regular Market Time 1,792,008,002
Regular Market Volume 1,127,988
Return On Assets 0.021710001
Return On Equity -0.04577
Revenue Growth 0.373
Revenue Per Share 3.618
Sand P52 Week Change 0.17004645
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 8
Shares Outstanding 131,900,242
Shares Percent Shares Out 0.040900003
Shares Short 5,395,943
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 5,056,080
Short Name Granite Ridge Resources, Inc.
Short Percent Of Float 0.0975
Short Ratio 3.23
Source Interval 15
State TX
Symbol GRNT
Target High Price 11.0
Target Low Price 6.0
Target Mean Price 7.8
Target Median Price 7.0
Total Cash 44,092,000
Total Cash Per Share 0.334
Total Debt 462,108,000
Total Revenue 472,492,992
Tradeable 0
Trailing Annual Dividend Rate 0.44
Trailing Annual Dividend Yield 0.086444005
Trailing Eps -0.22
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.00615
Two Hundred Day Average Change -0.06614971
Two Hundred Day Average Change Percent -0.01321369
Type Disp Equity
Volume 1,127,988
Website https://www.graniteridge.com
Zip 75,205