Granite Ridge Resources, Inc

Granite Ridge Resources, Incverified

GRNT

Price:

$6.31

Market Cap:

$824.99M

Granite Ridge Resources, Inc. manages private funds with interests in areas of the Midland, Delaware, Bakken, Eagle Ford, DJ, and Haynesville play. It invests in oil and gas exploration and production. The company is based in Dallas, Texas.[Read more]

Industry

Shell Companies

IPO Date

2020-11-06

Stock Exchange

NYSE

Ticker

GRNT

The Dividend Yield as of September 2024 (TTM) for Granite Ridge Resources, Inc (GRNT) is 6.97%

According to Granite Ridge Resources, Inc’s latest financial reports and current stock price. The company's current Dividend Yield is 6.97%. This represents a change of 295.11% compared to the average of 1.76% of the last 4 quarters.

Granite Ridge Resources, Inc (GRNT) Historical Dividend Yield (quarterly & annually)

How has GRNT Dividend Yield performed in the past?

The mean historical Dividend Yield of Granite Ridge Resources, Inc over the last ten years is 2.67%. The current 6.97% Dividend Yield has changed 161.50% with respect to the historical average. Over the past ten years (40 quarters), GRNT's Dividend Yield was at its highest in in the December 2021 quarter at 12.07%. The Dividend Yield was at its lowest in in the March 2021 quarter at 0%.

Quarterly (TTM)
Annual

Average

2.67%

Median

1.69%

Minimum

0.55%

Maximum

7.31%

Granite Ridge Resources, Inc (GRNT) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Granite Ridge Resources, Inc Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 723.03%

Maximum Annual Dividend Yield = 7.31%

Minimum Annual Increase = -47.34%

Minimum Annual Dividend Yield = 0.55%

Quarterly (TTM)
Annual
YearDividend YieldChange
20237.31%723.03%
20220.89%-47.34%
20211.69%-41.79%
20202.90%429.77%

Granite Ridge Resources, Inc (GRNT) Average Dividend Yield

How has GRNT Dividend Yield performed in the past?

The current Dividend Yield of Granite Ridge Resources, Inc (GRNT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.30%

5-year avg

2.67%

10-year avg

2.67%

Granite Ridge Resources, Inc (GRNT) Dividend Yield vs. Peers

How is GRNT’s Dividend Yield compared to its peers?

Granite Ridge Resources, Inc’s Dividend Yield is less than Epsilon Energy Ltd. (4.98%), greater than SilverBow Resources, Inc. (0%), greater than Gulfport Energy Corporation (0%), less than North European Oil Royalty Trust (8.88%), less than Earthstone Energy, Inc. (0.68%), less than PHX Minerals Inc. (3.82%), less than California Resources Corporation (2.52%), less than Mexco Energy Corporation (0.87%), greater than XXL Energy Corp. (0%), greater than Coastal Caribbean Oils & Minerals, Ltd. (0%), less than Evolution Petroleum Corporation (8.56%), less than GeoPark Limited (7.29%), greater than PrimeEnergy Resources Corporation (0%), less than Crescent Energy Company (4.32%),

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