Granite Ridge Resources, Inc. (GRNT)

Crude Petroleum & Natural Gas

Latest Price

$5.84

TTM P/E

Normalized P/E

9.49

TTM Div Yield

7.53%

Fwd Div Yield

7.53%

Book Value

4.26

P/B Ratio

1.37

Valuation metrics

EPS: $0.18

Book value / share: $4.62

Formula: √(22.5 × EPS × BVPS)

Graham Number

$4.32

26% downside

Norm. op. income: $75M (median of 4yr)

Tax rate: 24%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$1.29

78% downside

Base FCF: $220M (median of recent 4yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$4.08

30% downside

EPS: $0.18

Target P/E: 9×

Formula: EPS × P/E

P/E Fair Value

$1.62

72% downside

84.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Grey Rock Energy Management, LLC	55.27M	$243.0M	41.90%	--	2026-06-30
Hamilton Lane Advisors LLC	6.76M	$29.0M	5.13%	-625.3K	2026-06-30
Utah Retirement Systems	5.24M	$23.0M	3.98%	--	2026-06-30
BlackRock, Inc.	4.97M	$21.0M	3.77%	+258.5K	2026-06-30
Dimensional Fund Advisors LP	3.94M	$17.0M	2.99%	+630.7K	2026-06-30
American Century Companies Inc	3.11M	$13.0M	2.36%	+115.7K	2026-06-30
Vanguard Capital Management LLC	3.08M	$13.0M	2.34%	-2.6K	2026-06-30
Georgetown University	3.08M	$13.0M	2.33%	-104.1K	2026-06-30
Vanguard Portfolio Management LLC	1.64M	$7.0M	1.24%	+164.3K	2026-06-30
Geode Capital Management, LLC	1.60M	$7.0M	1.21%	+92.3K	2026-06-30