GRNT — Granite Ridge Resources Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates GRNT Bearish with a Setup Score of 24, net conviction 36, actionability 16. How the Setup Score works →

Total Setup Score24
Directional BiasBearish
Net Conviction36
Actionability16 (in range)

Key signals behind this score

About Granite Ridge Resources Inc

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$5.00
Market Cap$683M
Float58.7M
Shares Outstanding131.9M
P/E (Forward)8.16
Price/Sales (TTM)1.45
vs. Analyst Target+52.0% to analyst PT
Profit Margin-5.84%
Operating Margin (TTM)36.45%
Revenue (TTM)$472M
Earnings Growth (YoY)19.70%
Dividend Rate0.4%
Analyst Target Price$7.60 (5 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $87.1M -$23.9M -$19.9M $57.9M
2021 $290M $108M $151M $206M
2022 $497M $262M $316M $383M
2023 $394M $81.1M $145M $272M
2024 $380M $18.8M $120M $220M
2025 $450M $24.4M $122M $273M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $113M $14.5M
Dec 2025 $105M -$25.1M
Mar 2026 $128M -$47.0M
Jun 2026 $149M $30.0M

Ownership & Float

Insider Ownership8.4%
Institutional Ownership84.7%
Short Float9.0%
% of All Funds Holding1.96%
Number of Funds Holding172

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$4.79Near-term / short-term trend
Weekly40-Week SMA$5.03Medium-term trend
Weekly80-Week SMA$5.26Cyclical trend (business cycle)
Weekly200-Week SMA$6.05Secular trend (multi-year)
Monthly10-Month SMA$5.08Near-term monthly trend
Monthly20-Month SMA$5.36Medium-term monthly trend
Monthly40-Month SMA$5.85Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$4.40 support 1.06x 0 months ago
$6.00 resistance 1.38x 2 months ago
$6.30 resistance 1.16x 12 months ago

Historical Earnings Reactions (24 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.31% 0.03% 50.00% 3.97% -11.99%
1 Day 0.80% 0.15% 62.50% 15.61% -10.71%
1 Week 3.05% 0.56% 75.00% 13.61% -4.49%
2 Weeks 4.49% 1.92% 75.00% 17.42% -7.54%
1 Month 0.84% 0.40% 60.87% 19.37% -21.64%

Next earnings: October 25, 2026 (59 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.17% 46.3% 272
Tuesday -0.09% 45.2% 301
Wednesday 0.13% 46.2% 299
Thursday -0.01% 44.7% 291
Friday 0.03% 44.8% 290

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 84.7%

Insider Transactions — Smart Summary

Total insider ownership: 8.4%

12-Month Insider Activity Summary

Total Filings31
Net Value+$188,515
Net Shares Change254,296
% of Float0.4%
C-Suite Filings5
Clusters Detected3

Key Insiders

NameTitleNet ValueFilingsActivity
Farquharson Tyler President and CEO +$116,625 2 2 buy
Kettler Ronald Kyle Chief Financial Officer +$71,890 3 3 buy
Miller Matthew Reade +$53,809.12 2 2 buy
MCCARTNEY JOHN +$29,840 2 2 buy
Everard Michele J +$5,000 1 1 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-03-11 – 2026-03-17 8 5 +$222,813.7 3 C-suite
2026-05-13 – 2026-05-22 6 5 +$740,087.8 1 C-suite
2026-05-29 – 2026-06-11 3 3 +$100,670 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-29 Kettler Ronald Kyle Chief Financial Officer +$30,480 Transaction at $5.08, now -1.6%
2026-08-17 MCCARTNEY JOHN +$10,000 Transaction at $5.00, now +0.0%
2026-08-17 Everard Michele J +$5,000 Transaction at $5.00, now +0.0%
2026-06-11 MCCARTNEY JOHN +$19,840 Transaction at $4.96, now +0.8%
2026-06-16 Miller Matthew Reade +$3,459.12 Transaction at $4.97, now +0.6%
2026-06-09 Miller Matthew Reade +$50,350 Transaction at $4.75, now +5.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Granite Ridge Resources Inc (GRNT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for GRNT on Trend Edge →