Granite Ridge Resources Stock Today
| GRNT Stock | USD 5.98 0.12 1.97% |
PerformanceWeak
| Odds Of DistressVery Low
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Granite Ridge is selling for under 5.98 as of the 22nd of March 2025; that is 1.97 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 5.95. Granite Ridge has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
Business Domain Energy | IPO Date 6th of November 2020 |
Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. Granite Ridge operates under Shell Companies classification in the United States and is traded on New York Stock Exchange. The company has 130.81 M outstanding shares of which 3.8 M shares are currently shorted by private and institutional investors with about 13.27 trading days to cover. More on Granite Ridge Resources
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Granite Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Luke Brandenberg | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, Energy, Oil, Gas & Consumable Fuels, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsGranite Ridge can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Granite Ridge's financial leverage. It provides some insight into what part of Granite Ridge's total assets is financed by creditors.
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Granite Ridge Resources (GRNT) is traded on New York Stock Exchange in USA. It is located in 5217 McKinney Avenue, Dallas, TX, United States, 75205 and employs 3 people. Granite Ridge is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 797.96 M. Granite Ridge Resources conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 130.81 M outstanding shares of which 3.8 M shares are currently shorted by private and institutional investors with about 13.27 trading days to cover.
Granite Ridge Resources currently holds about 172.1 K in cash with 275.73 M of positive cash flow from operations.
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Ownership AllocationGranite Ridge Resources has a total of 130.81 Million outstanding shares. The majority of Granite Ridge Resources outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Granite Ridge to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Granite Ridge Resources. Please pay attention to any change in the institutional holdings of Granite Ridge Resources as this could imply that something significant has changed or is about to change at the company. Also note that almost thirty-seven million six hundred seventy-four thousand one hundred fourty-four invesors are currently shorting Granite Ridge expressing very little confidence in its future performance.
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Granite Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| State Street Corp | 2024-12-31 | 1 M | |
| Bank Of New York Mellon Corp | 2024-12-31 | 1 M | |
| Nuveen Asset Management, Llc | 2024-12-31 | 989.6 K | |
| Zazove Associates Llc | 2024-12-31 | 913.5 K | |
| Millennium Management Llc | 2024-12-31 | 481.6 K | |
| Northern Trust Corp | 2024-12-31 | 467.4 K | |
| Charles Schwab Investment Management Inc | 2024-12-31 | 442.9 K | |
| Silvercrest Asset Management Group Llc | 2024-12-31 | 348.5 K | |
| Two Sigma Investments Llc | 2024-12-31 | 319.7 K | |
| Grey Rock Energy Management, Llc | 2024-12-31 | 55.3 M | |
| Hamilton Lane Advisors Llc | 2024-12-31 | 7.3 M |
Granite Ridge Historical Income Statement
Granite Stock Against Markets
Granite Ridge Corporate Management
| Matthew CFA | CoFounder CoChairman | Profile | |
| Griffin Perry | CoFounder CoChairman | Profile | |
| Michael Ott | Vice Relations | Profile | |
| Tyler Farquharson | Chief Officer | Profile | |
| Adam Brandau | Controller | Profile | |
| Emily Fuquay | Corporate Secretary | Profile |
Additional Tools for Granite Stock Analysis
When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.