Share Price | Granite Ridge Resources, Inc. Stock Analysis & Recommendation

Q: What does Granite Ridge Resources, Inc. do?

Overview: Granite Ridge Resources, Inc. operates in the oil industry and is categorized as a micro-cap company.Financial Snapshot: Most recent Net Sales: 123 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 10 Million (Quarterly Results - Mar 2025) Market-cap: USD 791.92 Million (Micro Cap)Key Metrics: P/E: 13.00 Dividend Yield: 1.82% Debt Equity: 0.34 Return on Equity: 9.48% Price to Book: 1.25 Contact Details: Registrar Address: Not available.

Q: Is Granite Ridge Resources, Inc. overvalued or undervalued?

As of 9 November 2023, Granite Ridge Resources, Inc. has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued. Key ratios include a P/E ratio of 13, an EV to EBITDA of 3.25, and a Price to Book Value of 1.21, indicating a favorable valuation compared to its peers.In comparison, Core Laboratories, Inc. is categorized as very expensive with a P/E ratio of 23.39 and an EV to EBITDA of 11.68, highlighting Granite Ridge's relative attractiveness. Additionally, NextDecade Corp. does not qualify for comparison due to negative metrics. Notably, Granite Ridge has outperformed the S&P 500 over the past week and month, with returns of 6.5% and 15.34%, respectively, reinforcing its undervalued status.

Q: Is Granite Ridge Resources, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for Granite Ridge Resources, Inc. has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view including a bearish signal from the daily moving averages and consistent bearish readings from the Bollinger Bands and KST on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, indicating mixed signals across different periods. The Dow Theory reflects a mildly bearish stance on the weekly and mildly bullish on the monthly, further complicating the overall picture. There is no available return data to compare the company's performance against the S&P 500.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

530.28 k

Shareholding (Sep 2025)

FII

1.79%

Held by 58 FIIs

DII

38.88%

Held by 22 DIIs

Promoter

48.29%

How big is Granite Ridge Resources, Inc.?

22-Jun-2025

As of Jun 18, Granite Ridge Resources, Inc. has a market capitalization of 791.92 million, with net sales of 413.97 million and a net profit of 12.17 million for the latest four quarters. The balance sheet as of December 2024 shows shareholder's funds of 635.35 million and total assets of 1,063.78 million.

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What does Granite Ridge Resources, Inc. do?

22-Jun-2025

Granite Ridge Resources, Inc. is a micro-cap oil company with recent net sales of $123 million and a net profit of $10 million. Key financial metrics include a P/E ratio of 13.00, a dividend yield of 1.82%, and a market cap of $791.92 million.

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Is Granite Ridge Resources, Inc. overvalued or undervalued?

25-Jun-2025

As of November 9, 2023, Granite Ridge Resources, Inc. is considered undervalued with a very attractive valuation grade, featuring a P/E ratio of 13 and an EV to EBITDA of 3.25, while outperforming the S&P 500 with returns of 6.5% and 15.34% over the past week and month, respectively.

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Is Granite Ridge Resources, Inc. technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, Granite Ridge Resources, Inc. is in a bearish trend, supported by bearish signals from moving averages, Bollinger Bands, and KST, despite mixed MACD and Dow Theory indicators across different time frames.

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Compare Granite Ridge Resources, Inc. with Similar Stocks

Vital Energy, Inc.Hammerhead Energy, Inc.Core Laboratories, Inc.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

High Management Efficiency with a high ROE of 26.86%

Company has a low Debt to Equity ratio (avg) at times

Healthy long term growth as Net Sales has grown by an annual rate of 356.30% and Operating profit at 221.27%

Negative results in Jun 25

With ROE of 9.48%, it has a very attractive valuation with a 1.21 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Oil

Market cap

USD 612 Million (Micro Cap)

P/E

13.00

Industry P/E

Dividend Yield

7.05%

Debt Equity

0.43

Return on Equity

9.69%

Price to Book

0.95

Revenue and Profits:

Net Sales:

109 Million

(Quarterly Results - Jun 2025)

Net Profit:

25 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-6.25%

6 Months

-15.7%

1 Year

-19.43%

2 Years

-15.42%

3 Years

-49.85%

4 Years

-47.69%

5 Years

0.0%

Granite Ridge Resources, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

356.30%

EBIT Growth (5y)

221.27%

EBIT to Interest (avg)

58.26

Debt to EBITDA (avg)

0.24

Net Debt to Equity (avg)

0.34

Sales to Capital Employed (avg)

0.53

Tax Ratio

25.61%

Dividend Payout Ratio

308.99%

Pledged Shares

Institutional Holding

87.61%

ROCE (avg)

29.14%

ROE (avg)

26.86%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.21

EV to EBIT

8.36

EV to EBITDA

3.25

EV to Capital Employed

1.16

EV to Sales

2.37

PEG Ratio

Dividend Yield

1.88%

ROCE (Latest)

13.89%

ROE (Latest)

9.48%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Strategic Entities

Domestic Funds

Held in 38 Schemes (11.04%)

Foreign Institutions

Held by 58 Foreign Institutions (1.79%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -11.15% vs 15.62% in Mar 2025",
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      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 155.10% vs 183.76% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
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          "val1": "109.20",
          "val2": "122.90",
          "chgp": "-11.15%",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "74.10",
          "val2": "90.90",
          "chgp": "-18.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "5.90",
          "val2": "5.00",
          "chgp": "18.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "23.90",
          "val2": "-14.90",
          "chgp": "260.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "25.00",
          "val2": "9.80",
          "chgp": "155.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "189.80%",
          "val2": "345.00%",
          "chgp": "-15.52%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
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        "suffix": "YoY Growth in year ended Dec 2024 is -3.58% vs -20.77% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -77.13% vs -69.16% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "380.00",
          "val2": "394.10",
          "chgp": "-3.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "271.90",
          "val2": "277.90",
          "chgp": "-2.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "18.50",
          "val2": "5.30",
          "chgp": "249.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-36.40",
          "val2": "-6.70",
          "chgp": "-443.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "18.50",
          "val2": "80.90",
          "chgp": "-77.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "251.00%",
          "val2": "297.60%",
          "chgp": "-4.66%",
          "chgp_class": "negative"
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]

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

109.20

122.90

-11.15%

Operating Profit (PBDIT) excl Other Income

74.10

90.90

-18.48%

Interest

5.90

5.00

18.00%

Exceptional Items

23.90

-14.90

260.40%

Consolidate Net Profit

25.00

9.80

155.10%

Operating Profit Margin (Excl OI)

189.80%

345.00%

-15.52%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is -11.15% vs 15.62% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 155.10% vs 183.76% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

380.00

394.10

-3.58%

Operating Profit (PBDIT) excl Other Income

271.90

277.90

-2.16%

Interest

18.50

5.30

249.06%

Exceptional Items

-36.40

-6.70

-443.28%

Consolidate Net Profit

18.50

80.90

-77.13%

Operating Profit Margin (Excl OI)

251.00%

297.60%

-4.66%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -3.58% vs -20.77% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -77.13% vs -69.16% in Dec 2023

All Annual Results

Company CV

About Granite Ridge Resources, Inc.

Granite Ridge Resources, Inc.

Oil

No Details Available.

Company Coordinates

No Company Details Available

Granite Ridge Resources, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Granite Ridge Resources, Inc.?

Watch in Real-Time

What does Granite Ridge Resources, Inc. do?

Is Granite Ridge Resources, Inc. overvalued or undervalued?

Is Granite Ridge Resources, Inc. technically bullish or bearish?

Compare Granite Ridge Resources, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

High Management Efficiency with a high ROE of 26.86%

Company has a low Debt to Equity ratio (avg) at times

Healthy long term growth as Net Sales has grown by an annual rate of 356.30% and Operating profit at 221.27%

Negative results in Jun 25

With ROE of 9.48%, it has a very attractive valuation with a 1.21 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About Granite Ridge Resources, Inc.

Company Coordinates