60%+ returns in 2025: Here’s how AI-powered stock investing has changed the game
Director John McCartney of Granite Ridge Resources, Inc. (NYSE:GRNT) acquired 4,000 shares of common stock on November 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The energy company, with a market capitalization of approximately $679 million, has been trading near its Fair Value according to InvestingPro analysis.
The shares were purchased at a price of $5.17, for a total transaction value of $20,680. Following the transaction, McCartney directly owns 91,091 shares of Granite Ridge Resources. The stock currently trades at $5.26, with analyst targets ranging from $5 to $9 per share. Notably, Granite Ridge offers an attractive 8.49% dividend yield, supporting the InvestingPro tip that the company "pays a significant dividend to shareholders." Investors seeking comprehensive analysis can access the detailed Pro Research Report, available for GRNT and 1,400+ other US equities.
In other recent news, Granite Ridge Resources reported a notable increase in revenue for the third quarter of 2025, reaching $112.7 million compared to $94.1 million in the same period the previous year. Despite the revenue growth, investor concerns were evident as the company faced apprehensions regarding future earnings projections. The company maintained its quarterly dividend at $0.11 per share and emphasized its improved liquidity position. In related developments, Freedom Capital Markets downgraded Granite Ridge Resources from a Buy to a Hold rating, adjusting the price target from $7.80 to $7.00. This downgrade was attributed to the company’s ongoing expansion of oil and natural gas production, which has resulted in an increased debt burden. These recent developments are significant for investors monitoring Granite Ridge Resources’ financial health and market performance.
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