Granite Ridge Resources Inc (NYSE:GRNT) — Market Cap & Net Worth
Market Cap & Net Worth: Granite Ridge Resources Inc (GRNT)
Granite Ridge Resources Inc (NYSE:GRNT) has a market capitalization of $669.38 Million ($669.38 Million) as of April 22, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #11664 globally and #2702 in its home market, demonstrating a -8.60% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Granite Ridge Resources Inc's stock price $5.10 by its total outstanding shares 131251278 (131.25 Million).
Granite Ridge Resources Inc Market Cap History: 2020 to 2026
Granite Ridge Resources Inc's market capitalization history from 2020 to 2026. Data shows change from $1.14 Billion to $669.38 Million (-9.19% CAGR).
Granite Ridge Resources Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Granite Ridge Resources Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.23x
Granite Ridge Resources Inc's market cap is 2.23 times its annual revenue
Latest Price to Earnings (P/E) Ratio
45.20x
Granite Ridge Resources Inc's market cap is 45.20 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2020 | $1.14 Billion | $87.10 Million | -$23.93 Million | 13.11x | N/A |
| 2021 | $1.12 Billion | $290.19 Million | $108.46 Million | 3.85x | 10.31x |
| 2022 | $1.05 Billion | $497.42 Million | $262.34 Million | 2.11x | 4.00x |
| 2023 | $750.40 Million | $394.07 Million | $81.10 Million | 1.90x | 9.25x |
| 2024 | $847.88 Million | $380.03 Million | $18.76 Million | 2.23x | 45.20x |
Competitor Companies of GRNT by Market Capitalization
Companies near Granite Ridge Resources Inc in the global market cap rankings as of April 22, 2026.
Key companies related to Granite Ridge Resources Inc by market ranking:
- ConocoPhillips (NYSE:COP): Ranked #132 globally with a market cap of $146.58 Billion USD.
- Canadian Natural Resources Ltd (NYSE:CNQ): Ranked #235 globally with a market cap of $92.37 Billion USD.
- EOG Resources Inc (NYSE:EOG): Ranked #349 globally with a market cap of $65.92 Billion USD.
- Diamondback Energy Inc (NASDAQ:FANG): Ranked #435 globally with a market cap of $52.60 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #132 | ConocoPhillips | NYSE:COP | $146.58 Billion | $120.26 |
| #235 | Canadian Natural Resources Ltd | NYSE:CNQ | $92.37 Billion | $44.28 |
| #349 | EOG Resources Inc | NYSE:EOG | $65.92 Billion | $132.43 |
| #435 | Diamondback Energy Inc | NASDAQ:FANG | $52.60 Billion | $189.80 |
Granite Ridge Resources Inc Historical Marketcap From 2020 to 2026
Between 2020 and today, Granite Ridge Resources Inc's market cap moved from $1.14 Billion to $ 669.38 Million, with a yearly change of -9.19%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $669.38 Million | +8.51% |
| 2025 | $616.88 Million | -27.24% |
| 2024 | $847.88 Million | +12.99% |
| 2023 | $750.40 Million | -28.45% |
| 2022 | $1.05 Billion | -6.23% |
| 2021 | $1.12 Billion | -2.06% |
| 2020 | $1.14 Billion | -- |
End of Day Market Cap According to Different Sources
On Apr 22nd, 2026 the market cap of Granite Ridge Resources Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $669.38 Million USD |
| MoneyControl | $669.38 Million USD |
| MarketWatch | $669.38 Million USD |
| marketcap.company | $669.38 Million USD |
| Reuters | $669.38 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Granite Ridge Resources Inc
Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, DJ, and other unconventional basins in the United States. The company is based in Dallas, Texas.