Granite Ridge Resources, Inc

Granite Ridge Resources, Inc - PE Ratioverified

GRNT

Price:

$4.69

Market Cap:

$618.59M

Granite Ridge Resources, Inc. oversees private investment funds, strategically directing capital towards prominent oil and natural gas formations such as the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville. Its core business involves the exploration and production of hydrocarbon resources. The company's headquarters are situated in Dallas, Texas.

Industry

Oil & Gas Exploration & Production

IPO Date

2020-11-06

Stock Exchange

NYSE

Ticker

GRNT

The PE Ratio as of June 2026 (TTM) for Granite Ridge Resources, Inc (GRNT) is -18.76

According to Granite Ridge Resources, Inc’s latest financial reports and current stock price. The company's current PE Ratio is -18.76. This represents a change of -820.40% compared to the average of 2.60 of the last 4 quarters.

Granite Ridge Resources, Inc (GRNT) Historical PE Ratio (quarterly & annually)

How has GRNT PE Ratio performed in the past?

The mean historical PE Ratio of Granite Ridge Resources, Inc over the last ten years is 58.11. The current -18.76 PE Ratio has changed -3328.16% with respect to the historical average. Over the past ten years (40 quarters), GRNT's PE Ratio was at its highest in in the December 2021 quarter at 1.64K. The PE Ratio was at its lowest in in the March 2022 quarter at -794.35.

Quarterly (TTM)
Annual

Average

58.11

Median

11.96

Minimum

-55.61

Maximum

363.74

Granite Ridge Resources, Inc (GRNT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Granite Ridge Resources, Inc PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 367.56%

Maximum Annual PE Ratio = 363.74

Minimum Annual Increase = -121.51%

Minimum Annual PE Ratio = -55.61

Quarterly (TTM)
Annual
YearPE RatioChange
202526.11-43.41%
202446.14367.56%
20239.87115.30%
20224.58-61.69%
202111.96-121.51%
2020-55.61-115.29%

Granite Ridge Resources, Inc (GRNT) Average PE Ratio

How has GRNT PE Ratio performed in the past?

The current PE Ratio of Granite Ridge Resources, Inc (GRNT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

27.37

5-year avg

19.73

10-year avg

58.11

Granite Ridge Resources, Inc (GRNT) PE Ratio vs. Peers

How is GRNT’s PE Ratio compared to its peers?

Granite Ridge Resources, Inc’s PE Ratio is less than Kosmos Energy Ltd. (-1.46), less than TXO Partners, L.P. (-6.72), greater than Vitesse Energy, Inc. (-33.24), less than HighPeak Energy, Inc. (-6.03), less than Vital Energy, Inc. (-0.52), less than Core Laboratories N.V. (17.98), less than Tsakos Energy Navigation Limited (8.58), less than Sable Offshore Corp. (-2.29), less than CrossAmerica Partners LP (14.39), less than Riley Exploration Permian, Inc. (11.44),

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