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GRNT

Granite Ridge ResourcesC
NYSE / Energy
Last Price
At close
2026-07-24
View Chart
Current thesis
The constructive read is that Granite Ridge kept the dividend intact, posted double-digit production growth, maintained manageable leverage at 1.3x net debt to trailing-twelve-month Adjusted EBITDAX, and still has $314.8 million of liquidity; if investors gain confidence in the 2026 production and capex plan, the stock could move back toward the thinly covered target range around the packet median of $6.86.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -9.6.
What can break
Lease operating expense rose to $9.57 per Boe in Q1 2026, up 55% on a per-unit basis, with management citing higher saltwater disposal costs, flowback operations, rentals, contract labor, and minimum volume commitment delinquencies.
Momentum
19
Value
56
Sentiment
66
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $6.10 · Bull $7.00 · Bear $4.70
Data freshness
Prices
As of 2026-07-24
Fundamentals
As of 2026-07-24 • Vendor: Data Vendor v1
Scores
As of 2026-07-24 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-09 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-07-24
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $7.79
Why
Momentum19 · Δ7d +7.4
Value56 · Δ7d -0.3
Sentiment66 · Δ7d -9.6
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Lead driver: Sentiment · See AI snapshot
Momentum
19
26% active weight
Current posture
7d trendFlat
Δ7d
+7.4
Δ21d
+3.3
Value
56
39% active weight
Current posture
7d trendFlat
Δ7d
-0.3
Δ21d
-0.4
Sentiment
66
34% active weight
Current posture
7d trendSoftening
Δ7d
-9.6
Δ21d
-19.8
Why this grade

Composite grade C. Momentum 19.0 / Value 55.9 / Sentiment 66.5

Fundamentals (TTM)
As of 2026-07-24
Market Cap
$639.7M
Beta
0.31
Shares Out
131.9M
P/E (TTM)
15.6
P/S (TTM)
1.30
P/FCF (TTM) · Derived
-3.80
Rev YoY
+4.3%
EPS YoY
-582.4%
Gross Margin
+23.6%
Op Margin
+16.8%
Net Debt
$359.53M
Current Ratio
0.93
As of 2026-07-24 • Updated nightlySource: Internal modelMethodology