Stock GRNT GRANITE RIDGE RESOURCES, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Company Granite Ridge Resources, Inc.

Equities

GRNT

US3874321074

Oil & Gas Exploration and Production

End-of-day quote Nyse
Other stock markets
 06:00:00 2024-05-16 pm EDT 		5-day change 1st Jan Change
6.46 USD 0.00% Intraday chart for Granite Ridge Resources, Inc. +1.89% +7.31%
May. 15 Roth MKM Initiates Granite Ridge Resources at Buy Rating With $8.80 Price Target MT
May. 10 Granite Ridge Resources, Inc. Provides Production Guidance for the Third Quarter, Fourth Quarter and Full Year of 2024 CI

Business Summary

Granite Ridge Resources, Inc. is an oil and gas exploration and production company. It owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. It holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. It owns an interest in approximately 2,826 gross (176.50 net) producing wells, 309,472. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado.

Number of employees: 2

Sales per Business

USD in Million2022Weight2023Weight Delta
Oil
80.5 %
338 68.0 % 317 80.5 % -6.23%
Natural Gas
19.5 %
159 32.0 % 77 19.5 % -51.67%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
497 100.0 % 394 100.0 % -20.78%

Managers

Managers TitleAgeSince
Luke Brandenberg CEO
 Chief Executive Officer 38 22-05-31
Tyler Farquharson DFI
 Director of Finance/CFO 41 22-10-23
Emily Fuquay SEC
 Corporate Secretary - -
kimberly A. Weimer AUD
 Comptroller/Controller/Auditor 45 Dec. 31

Members of the board

Members of the board TitleAgeSince
John McCartney BRD
 Director/Board Member 71 21-12-31
Matthew Miller CHM
 Chairman 40 21-12-31
Griffin Perry CHM
 Chairman 40 21-12-31
Kirk Lazarine BRD
 Director/Board Member 70 21-12-31
Amanda Coussens BRD
 Director/Board Member 43 21-12-31
Michele Everard BRD
 Director/Board Member 72 -
Thaddeus Darden BRD
 Director/Board Member 37 21-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 136,424,207 54,257,840 ( 39.77 %) 5,680,255 ( 4.164 %) 39.77 %

Shareholders

NameEquities%Valuation
Grey Rock Energy Management LLC
51.90 %
67,857,678 51.90 % 435 M $
Hamilton Lane Advisors LLC
6.433 %
8,410,844 6.433 % 54 M $
Spider Management Co. LLC
4.227 %
5,526,043 4.227 % 35 M $
Utah Retirement Systems
4.011 %
5,243,683 4.011 % 34 M $
Georgetown University
2.010 %
2,627,647 2.010 % 17 M $
BlackRock Advisors LLC
1.625 %
2,124,488 1.625 % 14 M $
Northwestern University
1.433 %
1,873,627 1.433 % 12 M $
Vanguard Fiduciary Trust Co.
1.288 %
1,683,523 1.288 % 11 M $
SILVERCREST ASSET MANAGEMENT GROUP INC.
1.257 %
1,643,000 1.257 % 11 M $
BNY Mellon Investment Adviser, Inc.
0.8835 %
1,155,097 0.8835 % 7 M $

Company contact information

Granite Ridge Resources, Inc.

5217 McKinney Avenue Suite 400

75205, Dallas

+214 396 2850

http://www.graniteridge.com
address Granite Ridge Resources, Inc.(GRNT)

Sector

Energy
Energy - Fossil Fuels
Oil & Gas
Oil & Gas Exploration and Production
Other Oil & Gas Exploration and Production

Sales per Business

Ratings for Granite Ridge Resources, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
6.46 USD
Average target price
8.2 USD
Spread / Average Target
+26.93%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

1st Jan change Capi.
GRANITE RIDGE RESOURCES, INC. Stock Granite Ridge Resources, Inc.
+7.31% 845M
CHEVRON CORPORATION Stock Chevron Corporation
+9.06% 300B
CONOCOPHILLIPS Stock ConocoPhillips
+4.86% 142B
CNOOC LIMITED Stock CNOOC Limited
+51.23% 122B
CANADIAN NATURAL RESOURCES LIMITED Stock Canadian Natural Resources Limited
+20.84% 82.35B
EOG RESOURCES, INC. Stock EOG Resources, Inc.
+7.43% 74.68B
OCCIDENTAL PETROLEUM CORPORATION Stock Occidental Petroleum Corporation
+6.20% 56.22B
HESS CORPORATION Stock Hess Corporation
+9.68% 48.55B
DIAMONDBACK ENERGY, INC. Stock Diamondback Energy, Inc.
+27.46% 35.25B
WOODSIDE ENERGY GROUP LTD Stock Woodside Energy Group Ltd
-9.59% 34.92B
Other Oil & Gas Exploration and Production
  1. Stock Market
  2. Equities
  3. GRNT Stock
  4. Company Granite Ridge Resources, Inc.
-40% Exceptional extension: Our subscriptions help you unlock the best investment opportunities.
BENEFIT NOW