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In this Business section, unless otherwise specified or the context otherwise requires, Granite Ridge, the Company, we, us, and our refer to Granite Ridge Resources, Inc. and its consolidated subsidiaries. The following discussion of our business should be read in conjunction with the accompanying audited consolidated financial statements and related notes included elsewhere in this Annual Report.
$4.66
$0.01 (-0.32%)
Live · 05:22 PM
10.31% operating margin is respectable but not wide. ROIC at 4.19%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 18.5%, still solid. Margins contracted 5.3pp, which offsets some of the top-line progress.
ROIC dropped from 6.54% to 4.19%, capital efficiency is deteriorating. Operating margin contracted 5.3pp YoY, cost discipline may be slipping.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$456M
▲ +18.5% YoY
Net Income (TTM)
-$32M
▲ +29.8% YoY
Op. Margin
10.31%
▼ -5.3pp YoY
ROIC
4.19%
▼ -2.4pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$279M
▲ +7.5% YoY
Net Debt
$396M
Cash & Equiv.
$30M
5Y CAGR: +38.9%
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Granite Ridge Resources (GRNT)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in .
On quality, Granite Ridge Resources scores 8/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 9.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Granite Ridge Resources scores 8 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 10.3% operating margin and a 4.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Granite Ridge Resources pays a regular dividend of about $0.44 per share per year (typically in quarterly installments), a yield of roughly 9.5% at the current price. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For GRNT's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh GRNT's valuation and scores 8/100 on quality (lower-quality). It also yields about 9.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.