Granite Ridge Resources

Granite Ridge Resources Forward P/E

The Forward P/E Ratio of Granite Ridge Resources (GRNT) as of Oct 21, 2026 is 29.42. In the previous year, Forward P/E Ratio was 38.19 — a change of -22.97% (lower).

Forward P/E

29.42

YoY

-22.97%

Last updated:

Forward P/E Ratio of Granite Ridge Resources is 2025 29.42 . Forward P/E Ratio of Granite Ridge Resources was 2024 38.19 . It decreases by -22.97% lower compared to the previous year.

The Granite Ridge Resources Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2019
196.85 USD
Jan 1, 2020
-29.94 USD
Jan 1, 2021
6.61 USD
Jan 1, 2022
2.73 USD
Jan 1, 2023
8.83 USD
Jan 1, 2024
38.19 USD
Jan 1, 2025
29.42 USD
The Granite Ridge Resources Forward P/E history
YEARForward P/EYoY
29.42-22.97%
38.19+332.32%
8.83+223.49%
2.73-58.66%
6.61-122.06%
-29.94-115.21%
196.85—

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Granite Ridge Resources Stock analysis

What does Granite Ridge Resources do? Granite Ridge Resources, Inc. generates revenue through the exploration, development, and production of oil and natural gas. The company owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins in the United States, including the Permian, Eagle Ford, Bakken, Haynesville, and Denver-Julesburg (DJ) plays. It holds interests in approximately 2,357 gross (132.88 net) producing wells, with operations spanning the Permian Basin, Eagle Ford shale formation, Haynesville Basin, and DJ basin. The company targets oil and liquids-rich natural gas reservoirs in mature legacy onshore areas, focusing on core operating regions where it has established interests. The primary buyers of Granite Ridge's products are energy consumers and industrial entities requiring oil and natural gas. The company's production in the Permian Basin, Eagle Ford, Bakken, Haynesville, and DJ plays serves both domestic and international markets, though specific buyer names are not disclosed. Granite Ridge's revenue streams are derived from the sale of oil and natural gas produced from its portfolio of wells, with the Permian Basin being a key contributor due to its mature legacy onshore oil and liquids-rich natural gas reservoirs. Granite Ridge's business model centers on managing a diversified portfolio of wells across multiple basins, with the Permian Basin representing a significant portion of its operations. The company's focus on core operating areas like the Permian, Eagle Ford, Bakken, Haynesville, and DJ basins allows it to leverage established infrastructure and resource potential. Revenue is generated through the sale of oil and natural gas produced from its 2,357 gross (132.88 net) wells, with the Permian Basin's mature reservoirs providing consistent output. Granite Ridge Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Granite Ridge Resources stock

Forward P/E Ratio of Granite Ridge Resources is 29.42 in 2025.

Forward P/E Ratio of Granite Ridge Resources changed from 38.19 to 29.42, representing a -22.97% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio Granite Ridge Resources since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's Granite Ridge Resources with sector peers and the industry average to assess whether it is attractive.

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Valuation — Granite Ridge Resources

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