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Granite Ridge Resources Gains on Strong Earnings and Insider Buying Amid Mixed Analyst Views

Granite Ridge Resources, Inc. (NYSE:GRNT) is one of the 14 Best Cheap Dividend Stocks to Buy Under $10.

Analyst opinion remains mixed despite a strong quarter and top executives’ bold purchases.

Based in Texas, Granite Ridge Resources, Inc. (NYSE:GRNT) is a hybrid energy and investment company. Founded in 2022, the non-operated oil and natural gas exploration and production company invests in a diversified portfolio of wells and acreage across various U.S. basins, though it does not drill or operate the wells itself. Instead, the company partners with and is managed by proven operators.

Granite Ridge Resources, Inc. (NYSE:GRNT) reported a strong performance in its Q2 2025 earnings call. During the quarter, the company generated total oil and gas sales revenue of $109 million, an increase of 20% compared to Q2 2024. Net income stood at $25.1 million, or $0.19 per share, while production saw an increase of 37% year-over-year, with oil production up 46%.

The company’s top executives made bold moves following the earnings call release, with the latest being Director John McCartney’s significant purchase of 5,000 shares on August 20, 2025. The transaction, valued at $26,250, boosts confidence in the stock. However, the consensus analyst rating is split between Hold and Buy, though the 1-year median price target is significantly high at 35.50%.

Granite Ridge Resources, Inc. (NYSE:GRNT) remains a strong income pick, with a dividend yield of 7.77% while trading at a cheap price of $5.66.

While we acknowledge the risk and potential of GRNT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GRNT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 Best Energy Dividend Stocks to Invest in and 11 Best Annual Dividend Stocks to Buy According to Hedge Funds

Disclosure. None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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We alerted our subscribers, and BTI returned 90% in just 16 months.

Now if you had invested just $10,000 in BTI in June 2024, you’d be sitting on $19,000 in October 2025.

Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

While the market panics over a surface-level revenue decline, our PhD-led research shows management has actually surgically cut $100 million in waste to focus on high-margin growth.

This pattern is a hallmark of our 16.5% annual return track record. The current opportunity offers a 400% upside potential—dwarfing even our 90% BTI return.

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