Granite Ridge Resources, Inc.
GRNTGranite Ridge Resources, Inc. (GRNT) is an independent oil and natural gas exploration and production company focused on developing unconventional resources in the United States. The company primarily engages in the acquisition, development, and production of crude oil and natural gas from its existing assets and new exploration opportunities. Its operations are concentrated in key resource-rich areas, aiming to deliver sustainable growth and value to shareholders.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 15, 2025 | $0.11 | 2025-11-28 | 2025-11-28 |
| September 15, 2025 | $0.11 | 2025-08-29 | 2025-08-29 |
| June 13, 2025 | $0.11 | 2025-05-30 | 2025-05-30 |
| March 14, 2025 | $0.11 | 2025-02-28 | 2025-02-28 |
| December 16, 2024 | $0.11 | 2024-11-29 | 2024-11-29 |
Dividends Summary
- Consistent Payer: Granite Ridge Resources, Inc. has rewarded shareholders with 13 dividend payments over the past 3 years.
- Total Returned Value: Investors who held GRNT shares during this period received a total of $1.40 per share in dividend income.
- Latest Payout: The most recent dividend of $0.11/share was paid 39 days ago, on December 15, 2025.
- Yield & Schedule: GRNT currently pays dividends quarterly with an annual yield of 9.52%.
- Dividend Growth: Since 2022, the dividend payout has grown by 37.5%, from $0.08 to $0.11.
- Dividend Reliability: GRNT has maintained or increased its dividend for 13 consecutive payments.
Company News
The consensus price target hints at a 42.6% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Ardmore Shipping (ASC), McKesson (MCK) and Stride (LRN) are well-poised to gain.
Granite Ridge Resources, Otter Tail, Vipshop and Huron are part of the Zacks Screen of the Week article.
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Otter Tail (OTTR), Vipshop (VIPS) and Huron (HURN) are well-poised to gain.
Low-beta energy stocks like Kinder Morgan (KMI), Murphy USA (MUSA) and Granite Ridge (GRNT) are worth betting on since notorious volatility is an integral part of the energy sector.
