GRNT (Granite Ridge Resources) Inventories, Work In Process: $0.0 Mil (As of Mar. 2026)


GRNT Granite Ridge Resources Inc GRNT
85 GF Score
Price $4.45
GF Value $7.24
Valuation Possible Value Trap
! 8 Warning Signs
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What is Granite Ridge Resources Inventories, Work In Process?

Granite Ridge Resources GRNT +0.79% 85 Inventories, Work In Process is $0.0 Mil as of Mar. 2026. GuruFocus rates GRNT with a GF Score™ of 85/100 and a GF Value™ of $7.24 (Possible Value Trap). The stock has 8 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Granite Ridge Resources's work in process for the quarter that ended in Mar. 2026 was $0.0 Mil.

Granite Ridge Resources Inventories, Work In Process Historical Data

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The historical data trend for Granite Ridge Resources's Inventories, Work In Process can be seen below:

* 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 Inventories, Work In Process Chart

Granite Ridge Resources Annual Data
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Granite Ridge Resources Quarterly Data
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GRNT
85GF Score
Granite Ridge Resources Inc GRNT
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Ridge Resources Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $0.0 Mil mean?
Granite Ridge Resources (GRNT) has a Inventories, Work In Process of $0.0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Granite Ridge Resources and its competitors.
Is Granite Ridge Resources' Inventories, Work In Process too high?
Granite Ridge Resources' current Inventories, Work In Process is $0.0 Mil. Overall, Granite Ridge Resources has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Inventories, Work In Process compare to GPRK and TXO?
Granite Ridge Resources' Inventories, Work In Process of $0.0 Mil 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 Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Granite Ridge Resources and its competitors. Granite Ridge Resources's current Inventories, Work In Process is $0.0 Mil. 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 $7.24, compared to a current price of $4.45 — trading 38.6% below its estimated fair value. The current Inventories, Work In Process is $0.0 Mil. Granite Ridge Resources' overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Inventories, Work In Process is $0.0 Mil as of Mar. 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 $4.45 is trading 38.6% below its estimated GF Value™ of $7.24. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

  • Inventories, Work In Process: $0.0 Mil
  • GF Value™: $7.24 vs. price of $4.45 (38.6% below fair value)
  • GF Score™: 85/100 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.
85GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.45
Price
$7.24
GF Value