Insights Into Granite Ridge Resources Inc (GRNT) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Granite Ridge Resources Inc is listed on the NYSE in the Energy sector while operating in the Oil & Gas E&P industry. The current market capitalization of Granite Ridge Resources Inc is $724.70M. A total of 0.58 million shares were traded on the day, compared to an average of 544.69K shares.

In the most recent transaction, Miller Matthew Reade bought 506 shares of GRNT for 6.03 per share on Dec 16 ’24. After the transaction, the Director now owns 1,229,953 company shares. In a previous transaction on Dec 11 ’24, Brandenberg Luke C bought 8,495 shares at 6.10 per share. GRNT shares that President and CEO owns now total 109,128.

Among the insiders who bought shares, Brandenberg Luke C acquired of 1,505 shares on Dec 12 ’24 at a per-share price of $6.07. This resulted in the President and CEO holding 110,633 shares of GRNT after the transaction. In another insider transaction, Darden Thaddeus bought 9,440 shares at $6.13 per share on Dec 06 ’24. Company shares held by the Director now total 230,596.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Granite Ridge Resources Inc pays an annual dividend of $0.44, resulting in a dividend yield of 7.94%, and it has a price to earnings (P/E) ratio of 38.69. GRNT’s most recent ex-dividend date was 6.9% when it declared a $0.11 quarterly dividend that was paid in cash on 2/28/2025. Previously, the company paid the dividend on 11/29/2024 with an ex-dividend date of 6.8%. The GRNT stock dividend was $0.11 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, GRNT has a high of $7.10 and a low of $5.27.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. GRNT’s latest balance sheet shows that the firm has $11.85M in Cash & Short Term Investments as of fiscal 2021. There were $51.10M in debt and $67.60M in liabilities at the time. Its Book Value Per Share was $4.86, while its Total Shareholder’s Equity was $474.93M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GRNT is Buy with a score of 3.80.

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