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NYSE: GRNT

Granite Ridge Resources (GRNT) stock, explained like you're 5

Granite Ridge Resources trades on the New York Stock Exchange under the ticker GRNT. It is a small cap company in the oil & gas production industry, part of the energy sector, with a market value of about 629 million dollars.

Ticker
GRNT
Exchange
New York Stock Exchange
Sector
Energy
Industry
Oil & Gas Production
Size
Small cap, about 629 million dollars

Is Granite Ridge Resources a small, medium or large cap company?

No. Granite Ridge Resources is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 629 million dollars.

Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.

How Granite Ridge Resources makes money

  • Producing, refining and moving oil and natural gas.
  • Selling fuel and related products.
  • Services for energy producers.

What moves GRNT stock

  • The price of oil and natural gas.
  • How much the company produces and what it costs.
  • Energy policy and global demand.

In the news lately

  • Granite Ridge Resources, Inc. (GRNT) Stock Price, News, Quote & History (Yahoo! Finance Canada)
  • Wall Street Analysts Predict a 58.74% Upside in Granite Ridge Resources, Inc. (GRNT): Here's What You Should Know (Zacks Investment Research)
  • Granite Ridge Resources (NYSE:GRNT) Shares Up 5.3% Still a Buy? (MarketBeat)
  • Why Granite Ridge Resources (GRNT) Stock Is Up Today (StockStory)
  • Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge (NYSE:GRNT) (Seeking Alpha)

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Each trading day at 5 PM ET we post what happened to Granite Ridge Resources and why it matters, in simple words. Free.

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Key terms to know before you follow GRNT

  • Market cap
  • P/E ratio
  • EPS (earnings per share)
  • Earnings report
  • Volatility

Questions about Granite Ridge Resources stock

What does Granite Ridge Resources do?

Granite Ridge Resources trades on the New York Stock Exchange under the ticker GRNT. It is a small cap company in the oil & gas production industry, part of the energy sector, with a market value of about 629 million dollars.

What is the ticker symbol for Granite Ridge Resources?

Granite Ridge Resources trades under the ticker GRNT on the New York Stock Exchange.

What is Granite Ridge Resources's market cap?

Granite Ridge Resources is a small cap stock with a market cap of about 629 million dollars.

How does Granite Ridge Resources make money?

Producing, refining and moving oil and natural gas. Selling fuel and related products. Services for energy producers.

What moves GRNT stock?

The price of oil and natural gas. How much the company produces and what it costs. Energy policy and global demand.

How can I follow GRNT stock every day?

Add GRNT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.

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Similar stocks

  • SHEL · Shell plc
  • TTE · TotalEnergies SE
  • PBR · Petrobras Petroleo Brasileiro SA
  • CNQ · CANADIAN NATURAL RESOURCES Ltd

Similar stocks

  • SHELShell plc
  • TTETotalEnergies SE
  • PBRPetrobras Petroleo Brasileiro SA
  • CNQCANADIAN NATURAL RESOURCES Ltd

Compare GRNT: GRNT vs SHEL, GRNT vs TTE, GRNT vs PBR

Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.

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