GRNT (Granite Ridge Resources) Float Percentage Of Total Shares Outstanding: 41.94% (As of Jul. 03, 2026)


GRNT Granite Ridge Resources Inc GRNT
81 GF Score
Price $4.42
GF Value $7.29
Valuation Possible Value Trap
! 8 Warning Signs
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What is Granite Ridge Resources Float Percentage Of Total Shares Outstanding?

Granite Ridge Resources GRNT +1.38% 81 Float Percentage Of Total Shares Outstanding is 41.94% as of Jul. 03, 2026. GuruFocus rates GRNT with a GF Score™ of 81/100 and a GF Value™ of $7.29 (Possible Value Trap). The stock has 8 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Granite Ridge Resources's float shares is 55.31 Mil. Granite Ridge Resources's total shares outstanding is 131.90 Mil. Granite Ridge Resources's float percentage of total shares outstanding is 41.94%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Granite Ridge Resources's Insider Ownership is 3.77%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Granite Ridge Resources's Institutional Ownership is 84.53%.

GRNT
81GF Score
Granite Ridge Resources Inc GRNT
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Ridge Resources Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Granite Ridge Resources's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=55.31/131.90
=41.94%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 41.94% mean?
Granite Ridge Resources (GRNT) has a Float Percentage Of Total Shares Outstanding of 41.94% as of Jul. 03, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Granite Ridge Resources and its competitors.
Is Granite Ridge Resources' Float Percentage Of Total Shares Outstanding too high?
Granite Ridge Resources' current Float Percentage Of Total Shares Outstanding is 41.94%. Overall, Granite Ridge Resources has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Float Percentage Of Total Shares Outstanding compare to GPRK and ZNOG?
Granite Ridge Resources' Float Percentage Of Total Shares Outstanding of 41.94% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Oil & Gas company?
A good Float Percentage Of Total Shares Outstanding depends on the Oil & Gas industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Granite Ridge Resources and its competitors. Granite Ridge Resources's current Float Percentage Of Total Shares Outstanding is 41.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Ridge Resources stock overvalued right now?
Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.29, compared to a current price of $4.42 — trading 39.4% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 41.94%. Granite Ridge Resources' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Float Percentage Of Total Shares Outstanding is 41.94% as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Granite Ridge Resources (GRNT) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued. The current stock price of $4.42 is trading 39.4% below its estimated GF Value™ of $7.29. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

  • Float Percentage Of Total Shares Outstanding: 41.94%
  • GF Value™: $7.29 vs. price of $4.42 (39.4% below fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the GRNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Granite Ridge Resources Business Description

Industry EnergyOil & Gas
Address 5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
81GF Score

Get the complete analysis for GRNT

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.42
Price
$7.29
GF Value