GRNTGranite Ridge Resources, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -50% · now 20% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can GRNT take a bad year?
The deepest fall in GRNT's price history on file is −50%; it is 20% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand
- Cash runway
- 5+ years
Cash runway · burning $655K a quarter at the current rate
- Annualised volatility
- 41%
Annualised volatility · roughly twice as jumpy as the market
- Worst drawdown on file
- −50%
Worst drawdown on file · −20% today
Details›
- Total debtQ2 2026
- $462M
- Cash and short-term investments
- $44M
- Net debt
- $418M
- Operating profit, trailing twelve months
- $37M
- Debt / equity
- 0.82×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −50%
- Below its 52-week high
- 20%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.