Insider Buying: Granite Ridge Resources (NYSE:GRNT) Director Acquires 4,000 Shares of Stock

November 13, 2025 by InsiderTrades.com

Key Points

Director John McCartney bought 4,000 shares on Nov. 11 at an average price of $5.26 (total $21,040), raising his stake to 87,091 shares — a 4.81% increase — per the SEC filing.
The company declared a quarterly dividend of $0.11 per share (annualized $0.44), with an ex-dividend date of Nov. 28 and a yield of 8.5%, although the payout ratio is a high 157.14%.
Snapshot: GRNT has a market cap of about $676.6M, a P/E of 18.41 and a 12‑month range of $4.52–$7.00; analysts show mixed views with an average rating of Hold and a $8.00 consensus price target.

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) Director John Mccartney purchased 4,000 shares of the company's stock in a transaction that occurred on Tuesday, November 11th. The shares were purchased at an average cost of $5.26 per share, for a total transaction of $21,040.00. Following the completion of the transaction, the director owned 87,091 shares in the company, valued at approximately $458,098.66. This represents a 4.81% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

John Mccartney also recently made the following trade(s):

On Thursday, August 21st, John Mccartney bought 974 shares of Granite Ridge Resources stock. The shares were acquired at an average price of $5.30 per share, with a total value of $5,162.20.
On Monday, August 18th, John Mccartney purchased 5,000 shares of Granite Ridge Resources stock. The stock was acquired at an average cost of $5.25 per share, with a total value of $26,250.00.
On Friday, August 15th, John Mccartney bought 5,000 shares of Granite Ridge Resources stock. The stock was bought at an average price of $5.30 per share, with a total value of $26,500.00.

Granite Ridge Resources Stock Performance

Shares of NYSE GRNT traded up $0.06 during mid-day trading on Thursday, hitting $5.16. The company had a trading volume of 174,008 shares, compared to its average volume of 533,352. The stock has a market cap of $676.59 million, a price-to-earnings ratio of 18.41, a PEG ratio of 1.90 and a beta of 0.34. The firm's 50 day simple moving average is $5.37 and its two-hundred day simple moving average is $5.51. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 1.32. Granite Ridge Resources, Inc. has a 12 month low of $4.52 and a 12 month high of $7.00.

Granite Ridge Resources (NYSE:GRNT - Get Free Report) last issued its quarterly earnings data on Monday, September 11th. The company reported $0.61 earnings per share for the quarter. The firm had revenue of $150.27 million for the quarter. Granite Ridge Resources had a net margin of 8.38% and a return on equity of 12.12%. As a group, equities research analysts forecast that Granite Ridge Resources, Inc. will post 0.52 earnings per share for the current year.

Granite Ridge Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Friday, November 28th. Granite Ridge Resources's payout ratio is currently 157.14%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on GRNT shares. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Granite Ridge Resources in a report on Friday, October 31st. Zacks Research cut shares of Granite Ridge Resources from a "hold" rating to a "strong sell" rating in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $8.00.

Check Out Our Latest Research Report on Granite Ridge Resources

Institutional Trading of Granite Ridge Resources

Several institutional investors have recently made changes to their positions in GRNT. Russell Investments Group Ltd. lifted its stake in Granite Ridge Resources by 44.3% in the third quarter. Russell Investments Group Ltd. now owns 20,765 shares of the company's stock valued at $112,000 after acquiring an additional 6,370 shares during the last quarter. First Trust Advisors LP increased its position in Granite Ridge Resources by 4.3% during the third quarter. First Trust Advisors LP now owns 230,202 shares of the company's stock worth $1,245,000 after buying an additional 9,550 shares during the last quarter. Barclays PLC raised its holdings in Granite Ridge Resources by 44.2% during the third quarter. Barclays PLC now owns 408,908 shares of the company's stock valued at $2,212,000 after buying an additional 125,343 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Granite Ridge Resources by 11.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,582,366 shares of the company's stock worth $13,972,000 after acquiring an additional 265,080 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Granite Ridge Resources by 12.9% during the 3rd quarter. American Century Companies Inc. now owns 2,661,098 shares of the company's stock valued at $14,397,000 after acquiring an additional 303,059 shares during the last quarter. 31.56% of the stock is currently owned by institutional investors and hedge funds.

About Granite Ridge Resources

(Get Free Report)

Granite Ridge Resources, Inc operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc is based in Dallas, Texas.