Latest news with #GraniteRidgeResources
Yahoo
04-08-2025
- Business
- Yahoo
Insider Stock Buying Reaches US$1.28m On Granite Ridge Resources
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Granite Ridge Resources, Inc. (NYSE:GRNT), that sends out a positive message to the company's shareholders. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The Last 12 Months Of Insider Transactions At Granite Ridge Resources In the last twelve months, the biggest single purchase by an insider was when Co-Chairman of the Board Matthew Miller bought US$252k worth of shares at a price of US$6.60 per share. That means that an insider was happy to buy shares at above the current price of US$4.88. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. Granite Ridge Resources insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! View our latest analysis for Granite Ridge Resources There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them). Granite Ridge Resources Insiders Bought Stock Recently It's good to see that Granite Ridge Resources insiders have made notable investments in the company's shares. Not only was there no selling that we can see, but they collectively bought US$287k worth of shares. This is a positive in our book as it implies some confidence. Insider Ownership For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Granite Ridge Resources insiders own about US$21m worth of shares. That equates to 3.3% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. So What Do The Granite Ridge Resources Insider Transactions Indicate? It is good to see recent purchasing. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Granite Ridge Resources insiders are well aligned, and that they may think the share price is too low. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 3 warning signs for Granite Ridge Resources (of which 1 is significant!) you should know about. But note: Granite Ridge Resources may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
09-07-2025
- Business
- Globe and Mail
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
Granite Ridge Resources, Inc. ('Granite Ridge') (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded deals developed by proven public and private operators. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. For more information, visit Granite Ridge's website at
Yahoo
09-07-2025
- Business
- Yahoo
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
DALLAS, July 09, 2025--(BUSINESS WIRE)--Granite Ridge Resources, Inc. ("Granite Ridge") (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. Webcast: We encourage participants to pre-register for the webcast using the following link: Alternatively, a link to the webcast can be found on the Company's investor relations website. Telephone: Toll-free dial in number (888) 660-6093 Conference ID 4127559 An audio replay will be available through August 22, 2025. To access the audio replay dial (800) 770-2030 and enter conference ID 4127559. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded deals developed by proven public and private operators. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. For more information, visit Granite Ridge's website at View source version on Contacts Investor and Media Contact: IR@ – (214) 396-2850 Sign in to access your portfolio
Business Wire
09-07-2025
- Business
- Business Wire
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. ('Granite Ridge') (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded deals developed by proven public and private operators. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. For more information, visit Granite Ridge's website at
Yahoo
28-06-2025
- Business
- Yahoo
Granite Ridge Resources (GRNT) Gains Amid Reports of Insider Buying
The share price of Granite Ridge Resources, Inc. (NYSE:GRNT) surged by 10.82% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A drilling rig pumping away in the Bakken Formation in the backdrop of a Texas prairie. Granite Ridge Resources, Inc. (NYSE:GRNT) is a scaled, non-operated oil and gas exploration and production company with a diverse portfolio of wells and top-tier acreage. Granite Ridge Resources, Inc. (NYSE:GRNT) received a boost this week following reports that its director, Matthew Reade Miller, recently acquired 17,000 shares of the company's stock. The transaction amounted to a total value of approximately $101,660 and indicated a strong vote of confidence in the company's future for outside investors. Granite Ridge Resources, Inc. (NYSE:GRNT) also recently underwent a significant leadership change, with Tyler Farquharson replacing Luke Brandenberg as the company's CEO. However, the energy firm reaffirmed its 2025 operational and financial guidance, indicating that the transition is not related to performance. While we acknowledge the potential of GRNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Inicia sesión para acceder a tu cartera de valores
