How to Buy Granite Ridge Resources Stock
Granite Ridge Resources Inc
Executive Network Partnering Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar partnering transaction with one or more businesses.
Granite Ridge Resources stock last closed at $5.14, down 4.28% from the previous day, and has decreased 16.15% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.01 percentage points. Granite Ridge Resources stock is currently +13.72% from its 52-week low of $4.52, and -26.57% from its 52-week high of $7.00.
At the moment, there are 131.25M GRNT shares outstanding. The market value of GRNT is $674.63M. In the past 24 hours, 693,000 GRNT shares were traded.
How to Buy Granite Ridge Resources Stock
Not sure how to invest in Granite Ridge Resources stock? Here's how.
- Decide where to buy Granite Ridge Resources stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Granite Ridge Resources stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your method of payment and add your info.
- Research Granite Ridge Resources stock: The Granite Ridge Resources ticker symbol is GRNT. Is Granite Ridge Resources stock a good investment? Should you buy shares of GRNT? How do GRNT's underlying business fundamentals look? Do top analysts think Granite Ridge Resources is a good buy? Why has GRNT's stock price moved recently? (Hint: Our stock analysis website can help you understand if GRNT is a good stock to buy).
- Execute your GRNT buy order: Decide if you will purchase GRNT shares at the current market price or use a limit order to buy GRNT stock at a given price.
- Keep tabs on your GRNT position: Create a watchlist to watch your investment in Granite Ridge Resources stock.
Step 1: Decide where to buy Granite Ridge Resources stock
You will need an online brokerage account to access the NYSE market and buy GRNT stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to buy GRNT today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Check out the walkthrough below if you need help depositing money into your brokerage account.
Step 4: Research Granite Ridge Resources stock
Once you have figured out the best place to buy Granite Ridge Resources stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Granite Ridge Resources quick stats
GRNT Due Diligence Score
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on GRNT's stock page.
Is GRNT stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GRNT's fair value.
Using relative valuations methods:
- GRNT may be overvalued based on its P/E ratio of 18.36x, relative to Oil & Gas E&P industry P/E ratio of 15.73x
- GRNT may be undervalued based on its P/B ratio of 1.05x, relative to Oil & Gas E&P industry P/B ratio of 1.48x
- GRNT could be undervalued based on its PEG ratio of 0.64x
You can access more valuation analysis on GRNT's stock here.
Is GRNT a healthy company?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the GRNT balance sheet.
- GRNT has $23.41M in cash and short term investments. This is enough to cover its annual cash burn of $80.59M.
- Total GRNT debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- GRNT profit margin has gone down from 12.6% to 8.4% in the past year.
- GRNT has a relatively high debt to equity ratio of 0.75.
- There are more long-term liabilities than short-term assets on the GRNT balance sheet.
- GRNT has cash burn of 80589000. It does not have enough cash and short-term investments to cover this.
You can dig deeper into what analysts are saying on the Granite Ridge Resources stock forecast page.
GRNT Technical Indicators
GRNT Performance Metrics
Last year, GRNT earnings were $37.79M. During the last three year, GRNT's earnings have grown by -95.82% per year. This was slower than the Oil & Gas E&P industry average of -11.87%.
Last year, GRNT revenue was $451.13M. Over the last four year, GRNT's revenue has gone up by 33.36% per year. This was faster than the Oil & Gas E&P industry average of 25.01%.
Learn more about GRNT's earnings and revenue performance here.
Who is buying/selling GRNT?
Over the past 12 months, insiders at GRNT have bought more shares than they have sold.
John McCartney, Director of GRNT, was the latest GRNT insider to buy. They bought $26,300.00 worth of GRNT stock on Dec 8, 2025.
Dig into more about who owns GRNT shares here.
Does GRNT provide a stable income stream?
Granite Ridge Resources pays a dividend of 8.56%, compared to the Oil & Gas E&P industry's average dividend yield of 4.79%. If you owned $1,000 worth of GRNT stock, you would have received $85.60 in the past year.
Find more info about Granite Ridge Resources dividend yield and history here.
What do other traders have to say about GRNT?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your GRNT buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Press the Open button and eToro will execute the order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your GRNT position
Now that you own some shares in GRNT, you'll want to keep up with your new stock purchase.
Create a watchlist to track your GRNT stock.
GRNT Feed
How to Buy Stock in Granite Ridge Resources
To reiterate, here are the 6 steps you need to take to buy Granite Ridge Resources stock right now:
- Decide where to buy Granite Ridge Resources stock
- Sign up for your brokerage account
- Fund your investment account
- Research Granite Ridge Resources stock
- Execute your GRNT buy order
- Keep tabs on your GRNT position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Granite Ridge Resources, create your watchlist below.
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