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Granite Ridge Resources, Inc. (GRNT) Stock Fundamental Analysis & AI Rating 2026

GRNT NYSE Crude Petroleum & Natural Gas CIK: 0001928446
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Rating
HOLD
57% Confidence
NEUTRAL
SELL
50% Conf
BUY
64% Conf

📊 GRNT Key Takeaways

Revenue: $128.3M
Net Margin: -36.7%
Free Cash Flow: $58.3M
Current Ratio: 0.93x
Debt/Equity: 0.78x
EPS: $-0.36
AI Rating: SELL with 50% confidence
Granite Ridge Resources, Inc. (GRNT) receives a HOLD rating with 57% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $128.3M, net profit margin of -36.7%, and return on equity (ROE) of -8.6%, Granite Ridge Resources, Inc. demonstrates mixed fundamentals in the Energy sector. Below is our complete GRNT stock analysis for 2026.

Is Granite Ridge Resources, Inc. (GRNT) a Good Investment?

Claude

Granite Ridge exhibits operational strength with 18.5% revenue growth and exceptional 45.5% free cash flow margins, but faces critical solvency risks including a -36.7% net margin, current ratio of 0.93x, and a $47M net loss despite positive operating income. The substantial gap between operating performance and bottom-line profitability indicates unsustainable debt service costs relative to earnings capacity.

ChatGPT

Revenue is growing double digits and the company generates exceptionally strong operating cash flow with moderate leverage and ample interest coverage, indicating solid financial health. Margins and return metrics are currently modest, likely influenced by non-cash items and commodity/hedging effects, but cash generation suggests capacity to strengthen the balance sheet and fund returns. If cash conversion remains elevated while reinvestment stays disciplined, fundamentals can continue to improve.

Why Buy Granite Ridge Resources, Inc. Stock? GRNT Key Strengths

Claude
  • + Strong top-line growth of 18.5% YoY and positive revenue trajectory
  • + Robust operating cash flow generation of $58.3M with 45.5% FCF margin demonstrates underlying operational viability
  • + Moderate leverage with 0.78x debt-to-equity ratio and acceptable 4.7x interest coverage
ChatGPT
  • + Robust cash generation and high FCF margin
  • + Moderate leverage with strong 14.7x interest coverage
  • + Solid revenue growth (+18.5% YoY)

GRNT Stock Risks: Granite Ridge Resources, Inc. Investment Risks

Claude
  • ! Critical liquidity pressure with current ratio of 0.93x - unable to cover current liabilities with current assets
  • ! Severe profitability deterioration with -36.7% net margin and negative ROE/ROA, creating debt service vulnerability
  • ! Commodity price cyclicality in crude petroleum and natural gas sector threatens cash flow sustainability and refinancing ability
ChatGPT
  • ! Commodity price and hedge volatility impacting earnings
  • ! Low ROE/ROA and thin net margin indicate earnings quality concerns
  • ! Potential reinvestment/reserve-replacement needs not visible due to missing capex data

Key Metrics to Watch

Claude
  • * Working capital and current ratio trends - immediate solvency indicator
  • * Operating cash flow to debt service coverage - measure of debt sustainability
  • * Operating margin stability and drivers of non-operating losses
ChatGPT
  • * Operating cash flow vs net income (cash conversion)
  • * Production volumes and reserve replacement ratio

Granite Ridge Resources, Inc. (GRNT) Financial Metrics & Key Ratios

Revenue
$128.3M
Net Income
$-47.0M
EPS (Diluted)
$-0.36
Free Cash Flow
$58.3M
Total Assets
$1.2B
Cash Position
$30.1M

💡 AI Analyst Insight

The 45.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

GRNT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 11.6%
Net Margin -36.7%
ROE -8.6%
ROA -3.9%
FCF Margin 45.5%

GRNT vs Energy Sector: How Granite Ridge Resources, Inc. Compares

How Granite Ridge Resources, Inc. compares to Energy sector averages

Net Margin
GRNT -36.7%
vs
Sector Avg 12.0%
GRNT Sector
ROE
GRNT -8.6%
vs
Sector Avg 14.0%
GRNT Sector
Current Ratio
GRNT 0.9x
vs
Sector Avg 1.3x
GRNT Sector
Debt/Equity
GRNT 0.8x
vs
Sector Avg 0.6x
GRNT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Granite Ridge Resources, Inc. Stock Overvalued? GRNT Valuation Analysis 2026

Based on fundamental analysis, Granite Ridge Resources, Inc. shows some fundamental concerns relative to the Energy sector in 2026.

Return on Equity
-8.6%
Sector avg: 14%
Net Profit Margin
-36.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.78x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Granite Ridge Resources, Inc. Balance Sheet: GRNT Debt, Cash & Liquidity

Current Ratio
0.93x
Quick Ratio
0.93x
Debt/Equity
0.78x
Debt/Assets
54.3%
Interest Coverage
4.70x
Long-term Debt
$426.3M

GRNT Revenue & Earnings Growth: 5-Year Financial Trend

GRNT 5-year financial data: Year 2022: Revenue $497.4M, Net Income -$23.9M, EPS $-0.18. Year 2023: Revenue $497.4M, Net Income $108.5M, EPS $0.82. Year 2024: Revenue $497.4M, Net Income $262.3M, EPS $1.97. Year 2025: Revenue $450.3M, Net Income $81.1M, EPS $0.61.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Granite Ridge Resources, Inc.'s revenue has remained relatively flat over the 5-year period, with a 9% decline. The most recent EPS of $0.61 reflects profitable operations.

GRNT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
45.5%
Free cash flow / Revenue

GRNT Quarterly Earnings & Performance

Quarterly financial performance data for Granite Ridge Resources, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $122.9M $9.8M $0.07
Q3 2025 $94.1M $5.1M $0.07
Q2 2025 $90.7M $5.1M $0.04
Q1 2025 $89.0M $9.8M $0.07
Q3 2024 $94.1M $9.1M $0.07
Q2 2024 $87.6M $5.1M $0.04
Q1 2024 $89.0M $16.2M $0.12
Q3 2023 $108.4M $18.0M $0.13

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Granite Ridge Resources, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$58.3M
Cash generated from operations
Stock Buybacks
$30.0K
Shares repurchased (TTM)
Dividends Paid
$14.5M
Returned to shareholders

GRNT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Granite Ridge Resources, Inc. (CIK: 0001928446)

📋 Recent SEC Filings

Date Form Document Action
May 22, 2026 8-K grnt-20260522.htm View →
May 22, 2026 4 xslF345X06/wk-form4_1779467869.xml View →
May 20, 2026 4 xslF345X06/wk-form4_1779304739.xml View →
May 18, 2026 4 xslF345X06/wk-form4_1779139541.xml View →
May 14, 2026 4 xslF345X06/wk-form4_1778786149.xml View →

Frequently Asked Questions about GRNT

What is the AI rating for GRNT?

Granite Ridge Resources, Inc. (GRNT) has a Combined AI Rating of HOLD from Claude (SELL) and ChatGPT (BUY) with 57% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GRNT's key strengths?

Claude: Strong top-line growth of 18.5% YoY and positive revenue trajectory. Robust operating cash flow generation of $58.3M with 45.5% FCF margin demonstrates underlying operational viability. ChatGPT: Robust cash generation and high FCF margin. Moderate leverage with strong 14.7x interest coverage.

What are the risks of investing in GRNT?

Claude: Critical liquidity pressure with current ratio of 0.93x - unable to cover current liabilities with current assets. Severe profitability deterioration with -36.7% net margin and negative ROE/ROA, creating debt service vulnerability. ChatGPT: Commodity price and hedge volatility impacting earnings. Low ROE/ROA and thin net margin indicate earnings quality concerns.

What is GRNT's revenue and growth?

Granite Ridge Resources, Inc. reported revenue of $128.3M.

Does GRNT pay dividends?

Granite Ridge Resources, Inc. pays dividends, with $14.5M distributed to shareholders in the trailing twelve months.

Where can I find GRNT SEC filings?

Official SEC filings for Granite Ridge Resources, Inc. (CIK: 0001928446) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is GRNT's EPS?

Granite Ridge Resources, Inc. has a diluted EPS of $-0.36.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is GRNT a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Granite Ridge Resources, Inc. has a HOLD rating with 57% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is GRNT stock overvalued or undervalued?

Valuation metrics for GRNT: ROE of -8.6% (sector avg: 14%), net margin of -36.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy GRNT stock in 2026?

Our dual AI analysis gives Granite Ridge Resources, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is GRNT's free cash flow?

Granite Ridge Resources, Inc.'s operating cash flow is $58.3M, with capital expenditures of N/A. FCF margin is 45.5%.

How does GRNT compare to other Energy stocks?

Vs Energy sector averages: Net margin -36.7% (avg: 12%), ROE -8.6% (avg: 14%), current ratio 0.93 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI