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Granite Ridge ResourcesGRNT -0.19%81 Debt-to-Equity is 0.82 as of Jun. 2026, which is 257% above its 10-year median of 0.23. GuruFocus rates GRNT with a GF Score™ of 81/100 and a GF Value™ of $7.49 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 810 Oil & Gas companies, Granite Ridge Resources ranks worse than 67.16% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Granite Ridge Resources's Debt-to-Equity or its related term are showing as below:
GRNT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 0.82
Current: 0.82
During the past 7 years, the highest Debt-to-Equity Ratio of Granite Ridge Resources was 0.82. The lowest was 0.04. And the median was 0.23.
GRNT's Debt-to-Equity is ranked worse than 67.16% of 810
companies
in the Oil & Gas industry
Industry Median: 0.45
vs GRNT: 0.82
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Granite Ridge Resources Debt-to-Equity Related Terms
Granite Ridge Resources Debt-to-Equity Historical Data
* 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.
For the Oil & Gas E&P subindustry, Granite Ridge Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Granite Ridge Resources Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Granite Ridge Resources's Debt-to-Equity falls into.
* 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.
Granite Ridge Resources (GRNT) has a Debt-to-Equity of 0.82 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Granite Ridge Resources and its competitors. This is 257% above median its historical median of 0.23. Over the past decade, Granite Ridge Resources' Debt-to-Equity has ranged from 0.04 to 0.82. According to the industry distribution chart, Granite Ridge Resources ranks #544 out of 810 companies in the Oil & Gas industry, placing it in the top 67.2%.
Is Granite Ridge Resources' Debt-to-Equity too high?
Granite Ridge Resources' current Debt-to-Equity of 0.82 is 257% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.82. The Oil & Gas industry median Debt-to-Equity is 0.45. Granite Ridge Resources' value of 0.82 is 82.2% above this industry median. Based on the distribution chart, Granite Ridge Resources ranks #544 out of 810 companies in the Oil & Gas industry, which is below the industry midpoint. 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' Debt-to-Equity compare to GPRK and VTS?
According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #544 out of 810 companies for Debt-to-Equity. This places Granite Ridge Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.45. Granite Ridge Resources' value of 0.82 is 82.2% above this benchmark. Historically, Granite Ridge Resources' own Debt-to-Equity has ranged from 0.04 to 0.82 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.45, Granite Ridge Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 810 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Granite Ridge Resources's current Debt-to-Equity of 0.82 is 82.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Granite Ridge Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Ridge Resources's current Debt-to-Equity is 0.82, which is 257% above median its own 10-year median of 0.23. 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 $7.49, compared to a current price of $5.25 — trading 29.9% below its estimated fair value. The current Debt-to-Equity is 0.82, which is 257% above median its 10-year median of 0.23 and 82.2% above the Oil & Gas industry median of 0.45. Granite Ridge Resources' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Debt-to-Equity is 0.82 as of Jun. 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 $5.25 is trading 29.9% below its estimated GF Value™ of $7.49.
GuruFocus considers Granite Ridge Resources to be Possible Value Trap.
Key valuation signals for GRNT:
Debt-to-Equity: 0.82 (257% above median its 10-year median of 0.23)
GF Value™: $7.49 vs. price of $5.25 (29.9% below fair value)
Industry Position: 82.2% above the Oil & Gas median (#544 of 810)
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 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
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