GRNT Stock Summary and Trading Ideas (Granite Ridge Resources | NYSE:GRNT)

Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.

Granite Ridge Resources trades on the NYSE stock market under the symbol GRNT.

As of October 28, 2026, GRNT stock price declined to $5.81 with 902,954 million shares trading.

GRNT has a beta of -1.08, meaning it tends to be less sensitive to market movements. GRNT has a correlation of 0.09 to the broad based SPY ETF.

GRNT has a market cap of $766.32 million. This is considered a Small Cap stock.

Last quarter Granite Ridge Resources reported $149 million in Revenue and $.09 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.01.

In the last 3 years, GRNT traded as high as $7.10 and as low as $4.18.

The top ETF exchange traded funds that GRNT belongs to (by Net Assets): AVUV, SDIV, VTI, DFSV, IWM.

GRNT has outperformed the market in the last year with a price return of +19.0% while the SPY ETF gained +13.8%. GRNT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +29.5% and +14.1%, respectively, while the SPY returned +4.8% and -0.7%, respectively.

GRNT support price is $5.67 and resistance is $6.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GRNT shares will trade within this expected range on the day.