| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | 5 | 5 | — | — | 8 | — | 7 | 3 | — | 2 | 3 |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡ |
|
| 2027 | ‡‡‡‡ |
|
| 2026 | 0.44 |
—
—
—
|
| 2025 | 0.44 |
—
—
—
—
|
| 2024 | 0.44 |
—
—
—
—
|
| 2023 | 0.44 |
—
—
—
—
|
| 2022 | 0.16 |
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 60.86 | 41.20 | 25.81 | 44.09 |
| Receivables | 72.93 | 69.69 | 74.17 | 100.96 |
| Inventory | — | — | — | — |
| Other | 16.05 | 20.50 | 16.66 | 4.95 |
| 151.55 | 135.22 | 118.88 | 154.84 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 60.88 | 99.44 | 76.85 | 100.08 |
| ST’ Debt | — | — | 17.50 | 35.00 |
| Other | 1.20 | 2.37 | 0.83 | 16.17 |
| 62.08 | 101.81 | 95.18 | 151.25 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | — | ‡‡‡ | ‡‡‡‡‡ |
| Book Value | — | ‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 128.26 | 149.27 | — | — |
—
|
| ’25 | 122.93 | 109.22 | 112.67 | 105.49 |
450.31
|
| ’24 | 89.00 | 90.65 | 94.08 | 106.31 |
380.03
|
| ’23 | 91.31 | 87.56 | 108.40 | 106.80 |
394.07
|
| ’22 | 93.85 | 150.27 | 136.97 | 116.33 |
497.42
|
| ’21 | — | — | 55.72 | 234.48 |
290.19
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 58.35 | 55.58 | — | — |
—
|
| ’25 | 76.09 | 78.04 | 77.78 | 64.50 |
296.41
|
| ’24 | 68.66 | 64.19 | 74.69 | 68.20 |
275.73
|
| ’23 | 81.47 | 74.19 | 57.03 | 90.18 |
302.87
|
| ’22 | 56.06 | 81.25 | 114.05 | 95.03 |
346.39
|
| ’21 | (0.21) | (0.31) | 92.42 | 89.28 |
181.18
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (10.30) | (23.01) | — | — |
—
|
| ’25 | (25.21) | (29.88) | (3.01) | (64.58) |
(122.67)
|
| ’24 | (3.63) | (17.39) | (13.75) | (22.49) |
(57.26)
|
| ’23 | (48.45) | (7.70) | (17.66) | 17.54 |
(56.27)
|
| ’22 | 11.46 | 20.86 | 43.00 | 41.22 |
116.55
|
| ’21 | (0.21) | (0.31) | (34.67) | 26.52 |
(8.66)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.36) | 0.23 | — | — |
—
|
| ’25 | 0.07 | 0.19 | 0.11 | (0.19) |
0.18
|
| ’24 | 0.12 | 0.04 | 0.07 | (0.09) |
0.14
|
| ’23 | 0.28 | 0.07 | 0.13 | 0.13 |
0.61
|
| ’22 | — | — | 0.43 | 0.43 |
1.97
|
| ’21 | 0.54 | (0.03) | — | — |
0.82
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | ‡‡‡ | ‡‡‡‡ | 8.01 | 4.82 | 5.20 | 4.52 | — | — | — |
Low Price
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡ | 14.00 | 9.31 | 7.10 | 7.00 | — | — | — |
High Price
|
| — | — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | 2 | 2 | 3 | 6 | — | — | — |
Employees
|
| — | — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 248.71 | 197.03 | 126.68 | 75.05 | — | — | — |
Revenue/Emp
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 497.42 | 394.07 | 380.03 | 450.31 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| — | — | — | — | ‡‡‡ | ‡‡‡ | 100.00% | 100.00% | 100.00% | 100.00% | — | — | — |
Gross Margin
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 275.19 | 105.58 | 24.97 | 32.11 | — | — | — |
EBT
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 55.32% | 26.79% | 6.57% | 7.13% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| — | ‡‡‡ | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 262.34 | 81.10 | 18.76 | 24.35 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 105.91 | 161.92 | 180.07 | 217.91 | — | — | — |
Depreciation
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.74 | 2.96 | 2.92 | 3.45 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.97 | 0.61 | 0.14 | 0.18 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.61 | 2.28 | 2.12 | 2.27 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.73) | (2.70) | (2.56) | (3.21) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.88 | (0.42) | (0.44) | (0.94) | — | — | — |
Free CF/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.00 | 5.05 | 4.88 | 4.64 | — | — | — |
Book Value/Sh
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 132.92 | 133.09 | 130.19 | 130.44 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 13.73 | 10.02 | 46.14 | 26.11 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| — | — | — | — | ‡‡‡ | ‡‡‡ | 2.27 | 2.06 | 2.21 | 1.36 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.70 | 1.21 | 1.32 | 1.01 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| — | — | — | — | ‡‡‡ | ‡‡‡ | 2.18 | 2.19 | 2.65 | 2.16 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 9.29 | (15.35) | (17.57) | (7.93) | — | — | — |
EV/FCF
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 346.39 | 302.87 | 275.73 | 296.41 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | (229.84) | (359.14) | (333.00) | (419.08) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 116.55 | (56.27) | (57.26) | (122.67) | ‡‡‡‡‡ | — | — |
FCF
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 82.19 | 89.47 | 33.41 | 23.70 | — | — | — |
Working Cap'
|
| — | — | — | — | — | ‡‡‡‡‡ | — | 110.00 | 205.00 | 385.33 | — | — | — |
Total Debt
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | (50.83) | 49.14 | 163.80 | 359.53 | — | — | — |
Net Debt
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 664.25 | 671.65 | 635.35 | 605.76 | — | — | — |
Sh' Equity
|
| — | — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 39.10% | 9.42% | 1.91% | 2.21% | — | — | — |
ROA
|
| — | — | — | — | ‡‡‡ | ‡‡‡‡‡ | 30.79% | 7.85% | 4.63% | 3.01% | — | — | — |
ROIC
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 46.06% | 12.14% | 2.87% | 3.92% | — | — | — |
ROE
|
Granite Ridge Resources, Inc. (GRNT) stands out as a lean, disruptive force in U.S. energy, thriving as a non-operated producer that captures premium upside from top-tier assets without operational headaches. Riding the waves of oil volatility—from COVID lows to the 2022 boom—GRNT scaled revenues 470% from 2020 to a $497 million peak, boasting 100% gross margins and jaw-dropping revenue per employee at $127 million. Despite 2023-2024 dips amid softer prices, insider buying exploded with nearly $750,000 in purchases by CEO and directors at recent lows, signaling rock-solid conviction in the rebound.
Projections ignite serious excitement: revenues set to surge 22% to $465 million in 2025 and $539 million by 2027, flipping free cash flow positive at $38 million while EPS jumps to $0.50. ROE normalizes above 10%, debt remains manageable, and the ultra-lean team of just three drives scalability that crushes peers. Forward PE at 10.1x screams undervaluation, with analyst targets implying 39% average upside—and up to 78% on the high end.
In an energy landscape ripe for U.S. shale dominance, GRNT’s model delivers asymmetric potential: limited downside from a resilient balance sheet, explosive returns as oil stabilizes at $70-90 WTI. This isn’t just recovery—it’s a growth engine revving for 20-30% annualized upside. Dive into the full analysis for the charts, metrics, and catalysts fueling this hidden gem.
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