Miller Matthew Reade Buys Shares of GRNT $GRNT

Key Points

  • Miller Matthew Reade bought 696 shares of Granite Ridge Resources, Inc. ($GRNT) worth $3,459.12.
  • $GRNT last traded around $4.70.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

Miller Matthew Reade, insider at Granite Ridge Resources, Inc. ($GRNT), bought 696 shares at an average price of $4.97, for a total transaction of $3,459.12. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.

Granite Ridge Resources, Inc. Stock Down 7.1%

Shares of Granite Ridge Resources, Inc. ($GRNT) traded around $4.70 on Tuesday, down 7.1% for the day.

Last price$4.70
Market cap$663.46M
Forward P/E7.35
Beta0.17
52-week low$4.18
52-week high$6.14
50-day MA$4.77
200-day MA$5.05
Current ratio1.02
Quick ratio0.96
Debt-to-equity0.82

Granite Ridge Resources, Inc. Earnings

EPS (ttm)-$0.22
Revenue (ttm)$472.49M
Revenue growth37.30%
Net margin-5.84%
Return on equity-4.58%
Next earningsNov 5, 2026

Granite Ridge Resources, Inc. Dividend

Annual dividend$0.44
Dividend yield870%
Payout ratio244.44%
Ex-dividend dateAug 28, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$7.60
High target$10
Low target$6
Analysts covering5

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.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas E&P
HeadquartersDallas, TX
CEOMr. Tyler S. Farquharson
Employees6

Get Granite Ridge Resources, Inc. alerts

New 13F filings, insider trades, and analyst moves on $GRNT, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.