G
GRNT
Granite Ridge Resources, Inc.
$4.94
Current Price
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1M
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AI analysis
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Key figures
Dividend per share
$0.36
Yield
7.21%
EPS
-$0.21
P/E
—
Data as of Oct 1
Why it matters for the long term
Over 10-20 years, what drives a share up is the growth of its profits (EPS) + reinvested dividends. The P/E tells you whether you are paying a lot or a little for that growth. In short: rising EPS + reasonable P/E + growing dividend = good long-term candidate.
Upcoming events
Quarterly earnings
Expected EPS: $0.13
Nov 5
Posts
No posts about GRNT yet.
About Granite Ridge Resources, Inc.
Granite Ridge Resources is an oil and gas company that does not drill or operate wells itself. Instead it buys small ownership stakes in wells that other energy companies operate across major U.S. shale regions like the Permian Basin, spreading its money across many wells run by different operators. It earns money from its share of the oil and gas those wells produce, and it pays shareholders a regular dividend from that income.