Granite Ridge Resources, Inc.
Close on Oct 19, 2026
- Market cap
- $741.77M
- P/E (TTM)
- –
- Dividend yield
- 7.76%
About Granite Ridge Resources
Crude Petroleum & Natural Gas, SIC 1311
Granite Ridge Resources is an energy company engaged in the development and production of crude oil and natural gas. The company operates through two primary investment models: operated partnerships and traditional non-operated asset positions. In operated partnerships, it provides majority capital while partnering with specialized operators to develop defined drilling projects. In its non-operated segment, it participates as a minority interest holder alongside public and private exploration and production partners who manage drilling operations. The company generally relies on these operating partners to transport, market, and sell hydrocarbons on spot markets and under short-term contracts to supply industrial, commercial, and individual energy consumers.
The company's asset footprint encompasses six unconventional resource basins in the United States: the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg, and Appalachian basins. Its holdings span 60,038 net acres with interests in thousands of productive wells. Granite Ridge is incorporated in Delaware, though the text does not state its headquarters.
Summary of the business section of Granite Ridge Resources's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Granite Ridge Resources, Inc.
- Founded
- 2022
- Headquarters
- Dallas, TX
- Address
- 5217 Mckinney Avenue, Suite 400 75205
- Phone
- (214) 396-2850
- Employees
- 6, Dec 31, 2025
- Industry
- Crude Petroleum & Natural Gas
- Fiscal year ends
- December 31
- Auditor
- Forvis Mazars, LLP, Dallas, Texas
Stock & identifiers
- Ticker
- GRNT
- Exchange
- NYSE
- Shares outstanding
- 132M, Aug 3, 2026
- Public float
- $411.02M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1928446
- CUSIP
- 387432107
- ISIN
- US3874321074
- LEI
- 254900CAHJQKOQ1YZC67
- EIN
- 88-2227812
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ronald Kyle Kettler | Chief Financial Officer | 135,276 |
| Tyler Farquharson | President and CEO | 344,743 |
| Kimberly Weimer | Chief Accounting Officer | 97,914 |
| Luke C. Brandenberg | President and CEO | 157,267 |
| Matthew Reade Miller | Director | 1,974,292 |
| John McCartney | Director | 154,143 |
| John Cocke | Director | 24,620 |
| Jonathan Anson Adams | Director | 25,020 |
| Griffin Perry | Director | 1,756,636 |
| Kirk Lazarine | Director | 1,660,756 |
| Thaddeus Darden | Director | 639,589 |
| Michele J. Everard | Director | 73,143 |
| Amanda N. Coussens | Director | 60,143 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Luke C.Brandenberg | $2.50M | $1.38M | $1.44M | $65 | $100 |
| FY2025 Tyler S.Farquharson | $4.96M | $3.77M | $1.44M | $65 | $100 |
| FY2024 Luke C.Brandenberg | $1.46M | $1.46M | $1.14M | $82 | $103 |
| FY2023 Luke C.Brandenberg | $1.22M | $1.10M | $1.03M | $72 | $104 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 5, 2023 | Delisting | Notice of delisting from exchange (Form 25) |
| May 19, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 28, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 28, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 21, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
| Sep 29, 2022 | Merger vote | Definitive merger proxy statement |
| May 16, 2022 | Merger | Registration of securities for a merger or exchange offer (S-4) |