Granite Ridge Resources (GRNT) News Today

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) CFO Tyler Farquharson bought 5,000 shares of the firm's stock in a transaction that occurred on Monday, August 19th. The shares were purchased at an average cost of $6.62 per share, with a total value of $33,100.00. Following the transaction, the chief financial officer now directly owns 76,723 shares of the company's stock, valued at $507,906.26. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 2,610,000 shares, a drop of 10.6% from the July 15th total of 2,920,000 shares. Approximately 5.0% of the company's shares are short sold. Based on an average daily volume of 490,200 shares, the short-interest ratio is currently 5.3 days.

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) CEO Luke C. Brandenberg acquired 5,000 shares of the firm's stock in a transaction dated Tuesday, August 13th. The stock was bought at an average price of $6.23 per share, for a total transaction of $31,150.00. Following the completion of the acquisition, the chief executive officer now owns 91,633 shares in the company, valued at approximately $570,873.59. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Granite Ridge Resources, Inc. (NYSE:GRNT) declared a quarterly dividend on Friday, August 9th. Shareholders of record on Friday, August 30th will be paid a dividend of 0.11 per share on Friday, September 13th. This represents a $0.44 annualized dividend and a yield of 7.25%. The ex-dividend date is Friday, August 30th.

Granite Ridge Resources (NYSE:GRNT) will be releasing earnings after the market closes on Thursday, August 8, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=608452)

Silvercrest Asset Management Group LLC grew its stake in shares of Granite Ridge Resources, Inc. (NYSE:GRNT - Free Report) by 32.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) CEO Luke C. Brandenberg purchased 5,000 shares of the stock in a transaction on Friday, June 14th. The shares were purchased at an average price of $5.93 per share, for a total transaction of $29,650.00. Following the transaction, the chief executive officer now directly owns 86,633 shares of the company's stock, valued at $513,733.69. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) Director Thaddeus Darden acquired 7,000 shares of Granite Ridge Resources stock in a transaction that occurred on Friday, June 14th. The shares were purchased at an average price of $5.90 per share, with a total value of $41,300.00. Following the transaction, the director now owns 221,156 shares of the company's stock, valued at approximately $1,304,820.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Georgetown University acquired a new stake in Granite Ridge Resources, Inc. (NYSE:GRNT - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,627,647 shares of the company's stock, valued at approximately $15,818,000. Granite Ridge Resour

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) Director Thaddeus Darden acquired 3,000 shares of the company's stock in a transaction that occurred on Thursday, June 6th. The shares were acquired at an average cost of $6.29 per share, for a total transaction of $18,870.00. Following the completion of the transaction, the director now directly owns 214,156 shares of the company's stock, valued at $1,347,041.24. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) Director Matthew Reade Miller acquired 7,700 shares of the stock in a transaction dated Monday, June 3rd. The shares were purchased at an average price of $6.50 per share, for a total transaction of $50,050.00. Following the completion of the purchase, the director now directly owns 666,075 shares in the company, valued at $4,329,487.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Granite Ridge Resources, Inc. (NYSE:GRNT - Get Free Report) Director Griffin Perry bought 2,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The shares were purchased at an average price of $6.54 per share, with a total value of $13,080.00. Following the completion of the acquisition, the director now directly owns 589,181 shares in the company, valued at $3,853,243.74. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Granite Ridge Resources, Inc. (NYSE:GRNT) announced a quarterly dividend on Thursday, May 16th. Shareholders of record on Friday, May 31st will be paid a dividend of 0.11 per share on Friday, June 14th. This represents a $0.44 annualized dividend and a yield of 6.81%. The ex-dividend date is Friday, May 31st.

Roth Mkm assumed coverage on shares of Granite Ridge Resources in a research report on Wednesday. They set a "buy" rating and a $8.80 price target for the company.

Granite Ridge Resources, Inc. (NYSE:GRNT - Free Report) - Stock analysts at Capital One Financial lowered their Q2 2024 earnings per share (EPS) estimates for Granite Ridge Resources in a report released on Monday, May 13th. Capital One Financial analyst P. Johnston now expects that the company w

Granite Ridge Resources, Inc. (NYSE:GRNT - Free Report) - Analysts at Capital One Financial increased their Q4 2024 earnings per share estimates for Granite Ridge Resources in a research note issued on Monday, May 13th. Capital One Financial analyst P. Johnston now forecasts that the company will

Evercore ISI started coverage on shares of Granite Ridge Resources in a report on Monday. They issued an "in-line" rating and a $8.00 target price on the stock.

Granite Ridge Resources (NYSE:GRNT) Stock Price Down 4.8%