GRNT (Granite Ridge Resources, Inc.) Stock Analysis - News

Granite Ridge Resources, Inc. (GRNT) is a publicly traded Energy sector company. As of May 21, 2026, GRNT trades at $5.66 with a market cap of $722.79M and a P/E ratio of -21.71. GRNT moved -1.83% today. Year to date, GRNT is +26.12%; over the trailing twelve months it is +1.07%. Its 52-week range spans $4.18 to $7.00. Analyst consensus is buy with an average price target of $7.50. Rallies surfaces GRNT's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in GRNT news today?

Granite Ridge Director Buys 5,000 Shares, Hedges 60% Production, Braces for $71M Burn: Director Everard Michele J purchased 5,000 Granite Ridge shares at $5.17 each, raising his stake to 71,143 shares. The company forecasts a $71 million cash burn in 2026, has hedged 60% of next year’s oil output and reported $69.5 million of adjusted EBITDAX, targeting free cash flow by 2027.

GRNT Key Metrics

Key financial metrics for GRNT
MetricValue
Price$5.66
Market Cap$722.79M
P/E Ratio-21.71
EPS$-0.26
Dividend Yield0.11%
52-Week High$7.00
52-Week Low$4.18
Volume10
Avg Volume0
Revenue (TTM)$455.64M
Net Income$-32.49M
Gross Margin0.00%

Latest GRNT News

Recent GRNT Insider Trades

  • MCCARTNEY JOHN bought 3.00K (~$17.43K) on May 19, 2026.
  • Perry Griffin bought 100.00K (~$549.00K) on May 18, 2026.
  • Everard Michele J bought 1.00K (~$5.28K) on May 14, 2026.

GRNT Analyst Consensus

3 analysts cover GRNT: 0 strong buy, 1 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $7.50.

Common questions about GRNT

What changed in GRNT news today?
Granite Ridge Director Buys 5,000 Shares, Hedges 60% Production, Braces for $71M Burn: Director Everard Michele J purchased 5,000 Granite Ridge shares at $5.17 each, raising his stake to 71,143 shares. The company forecasts a $71 million cash burn in 2026, has hedged 60% of next year’s oil output and reported $69.5 million of adjusted EBITDAX, targeting free cash flow by 2027.
Does Rallies summarize GRNT news?
Yes. Rallies summarizes GRNT news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is GRNT research on Rallies investment advice?
No. Rallies provides research, data, and educational context for GRNT. It does not provide personalized investment advice.
GRNT

GRNT