Lumida
/GRNT
⌘K
Granite Ridge Resources Inc

Granite Ridge Resources Inc

GRNT
$5.11USD+0.20%+0.01 today

MARKET CAP

674.0M

P/E (TTM)

FWD P/E

DAY RANGE

$5 – $5

52W RANGE

$4
$6

AI Summary

Stalk
TrimMedium

GRNT remains in a Stage 4 decline under an active Lower Highs & Lower Lows pattern. Price is stuck below downward-sloping EMAs after a shallow bounce from extreme oversold levels, with no clear exhaustion. Medium-term bias stays bearish, but short-term timing is neutral, suggesting deferment until a rally into EMA resistance for trimming.

  • Free cash flow to inflect in 2027 as production targets ~40,000 BOE/d
  • Q2 revenue $149.3 M vs. $148.8 M consensus, EPS $0.09 beat $0.07
  • LOE guidance upped to $8.25–$9.25/BOE after two quarters above plan
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$497.4M$394.1M$380.0M$450.3M
YoY %-20.8%-3.6%+18.5%
P / Sales2.3x2.1x2.2x1.4x
EV / Sales2.4x2.7x3.2x2.6x
Gross Profit, Adj.$497.4M$394.1M$380.0M$450.3M
YoY %-20.8%-3.6%+18.5%
Margin %100.0%100.0%100.0%100.0%
EV / Gross Profit2.4x2.7x3.2x2.6x
EBITDA, Adj.$407.9M$304.2M$308.5M$351.4M
YoY %-25.4%+1.4%+13.9%
Margin %82.0%77.2%81.2%78.0%
EV / EBITDA3.0x3.5x4.0x3.3x
EBIT$302.1M$90.6M$59.3M$46.4M
YoY %-70.0%-34.6%-21.7%
Margin %60.7%23.0%15.6%10.3%
EV / EBIT4.0x11.7x20.8x25.0x
Net Income$262.3M$81.1M$18.8M$24.4M
YoY %-69.1%-76.9%+29.8%
Net Margin52.7%20.6%4.9%5.4%
EPS (GAAP)$1.97$0.61$0.14$0.18
YoY %-69.0%-77.0%+28.6%