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Granite Ridge Resources' CFO bought 5,000 shares March 10 amid quarterly loss and revenue miss.
Granite Ridge Resources (NYSE:GRNT) CFO Ronald Kyle Kettler bought 5,000 shares on March 10, 2026, at $5.18 each, increasing his stake by 4.34% to 120,276 shares.
The company reported a quarterly loss of $0.01 per share, missing estimates by $0.09, and revenue of $105.49 million, below the expected $120.76 million.
Despite the earnings miss, the stock rose 6.6% to $5.35 on January 26 after an analyst upgrade from "strong sell" to "hold."
The stock traded at $5.13 on March 11, with a consensus "Hold" rating from analysts.
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El CFO de Granite Ridge Resources compró 5,000 acciones el 10 de marzo en medio de pérdidas trimestrales y pérdida de ingresos.