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Granite Ridge Resources, Inc. (GRNT)

(Delayed Data from NYSE)

$6.51 USD

6.51
584,023

-0.06 (-0.91%)

Updated May 28, 2024 04:00 PM ET

After-Market: $6.51 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 41% (147 out of 250)

Industry: Oil and Gas - Exploration and Production - United States

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Zacks News

Wall Street Analysts Think Granite Ridge Resources, Inc. (GRNT) Could Surge 42.6%: Read This Before Placing a Bet

by Zacks Equity Research

The consensus price target hints at a 42.6% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Nilanjan Banerjee headshot

Buy These 4 Low-Beta Stocks to Counter Market Volatility

by Nilanjan Banerjee

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Ardmore Shipping (ASC), McKesson (MCK) and Stride (LRN) are well-poised to gain.

Zacks.com featured highlights include Granite Ridge Resources, Otter Tail, Vipshop and Huron

by Zacks Equity Research

Granite Ridge Resources, Otter Tail, Vipshop and Huron are part of the Zacks Screen of the Week article.

Nilanjan Banerjee headshot

Buy These 4 Low-Beta Stocks to Counter Market Volatility

by Nilanjan Banerjee

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Otter Tail (OTTR), Vipshop (VIPS) and Huron (HURN) are well-poised to gain.

Nilanjan Banerjee headshot

Invest in These 3 Low-Beta Energy Stocks to Combat Volatility

by Nilanjan Banerjee

Low-beta energy stocks like Kinder Morgan (KMI), Murphy USA (MUSA) and Granite Ridge (GRNT) are worth betting on since notorious volatility is an integral part of the energy sector.

Kanzhun and Delta Air Lines have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Kanzhun and Delta Air Lines are part of the Zacks Bull and Bear of the Day article.

Tirthankar Chakraborty headshot

3 Oil Stocks Worth a Watch This October

by Tirthankar Chakraborty

A rise in oil prices acts as a boon for stocks like Chevron (CVX), Granite Ridge Resources (GRNT) and Viper Energy Partners (VNOM).

After Plunging -21.66% in 4 Weeks, Here's Why the Trend Might Reverse for Granite Ridge Resources, Inc. (GRNT)

by Zacks Equity Research

Granite Ridge Resources, Inc. (GRNT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Granite Ridge Resources, Inc. (GRNT) Moves to Strong Buy: Rationale Behind the Upgrade

by Zacks Equity Research

Granite Ridge Resources, Inc. (GRNT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

New Strong Buy Stocks for September 28th

by Zacks Equity Research

HRTG, TIMB, JHX, INBK and GRNT have been added to the Zacks Rank #1 (Strong Buy) List on September 28, 2023.

Best Value Stocks to Buy for September 28th

by Zacks Equity Research

GPI, GRNT and HRTG made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 28, 2023.

The Zacks Analyst Blog Highlights Chevron, Viper Energy Partners, Granite Ridge Resources and Barrick Gold

by Zacks Equity Research

Chevron, Viper Energy Partners, Granite Ridge Resources and Barrick Gold are part of the Zacks top Analyst Blog.

Tirthankar Chakraborty headshot

4 Big Winners as Oil Prices are on Course to Hit $100 a Barrel

by Tirthankar Chakraborty

Relentless rise in oil prices acts as a boon for stocks like Viper Energy Partners (VNOM), Granite Ridge Resources (GRNT), Chevron (CVX) and Barrick Gold (GOLD).

Nilanjan Choudhury headshot

4 Stocks Worth Considering in the U.S. Upstream Industry

by Nilanjan Choudhury

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on companies like APA, NOG, GRNT and EPM.

The Zacks Analyst Blog Highlights Granite Ridge Resources, Viper Energy Partners, Evolution Petroleum and Northern Oil and Gas

by Zacks Equity Research

Granite Ridge Resources, Viper Energy Partners, Evolution Petroleum and Northern Oil and Gas are included in this Analyst Blog.

Tirthankar Chakraborty headshot

4 Stocks to Gain as Oil Prices Hit 2023 Highs

by Tirthankar Chakraborty

With oil prices hitting 2023 highs, stocks such as Granite Ridge Resources (GRNT), Viper Energy Partners (VNOM), Evolution Petroleum (EPM) and Northern Oil and Gas (NOG) are poised to benefit.

Here's Why Granite Ridge Resources, Inc. (GRNT) is Poised for a Turnaround After Losing -23.03% in 4 Weeks

by Zacks Equity Research

Granite Ridge Resources, Inc. (GRNT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

New Strong Buy Stocks for September 12th

by Zacks Equity Research

TAC, GRFS, KB, BRO and GRNT have been added to the Zacks Rank #1 (Strong Buy) List on September 12, 2023.

Derek Lewis headshot

3 Energy Stocks Suited Nicely for Income Investors

by Derek Lewis

Energy stocks have displayed momentum over the last month, with rising oil prices helping investors find interest in the realm. And with these three, investors can reap a passive income stream.

Best Momentum Stocks to Buy for August 30th

by Zacks Equity Research

HRTG, GRNT and MKL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 30, 2023.

New Strong Buy Stocks for August 30th

by Zacks Equity Research

MBWM, LRCX, HRTG, MKL and GRNT have been added to the Zacks Rank #1 (Strong Buy) List on August 30, 2023.

Best Value Stocks to Buy for August 30th

by Zacks Equity Research

HRTG and GRNT made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 30, 2023.

Zacks.com featured highlights include Trip.com, Dr. Reddy's Laboratories, J&J Snack Foods and Granite Ridge Resources

by Zacks Equity Research

Trip.com, Dr. Reddy's Laboratories, J&J Snack Foods and Granite Ridge Resources are part of the Zacks Screen of the Week article.

Nilanjan Banerjee headshot

Buy These 4 Low-Beta Stocks to Sail Through the Choppy Market

by Nilanjan Banerjee

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Trip.com (TCOM), Dr. Reddy's (RDY), J&J Snack (JJSF) and Granite Ridge (GRNT) are poised to gain.

New Strong Buy Stocks for August 25th

by Zacks Equity Research

ANIP, NVMI, AZPN, GRNT and CVLG have been added to the Zacks Rank #1 (Strong Buy) List on August 25, 2023.