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Granite Ridge Resources, Inc. (GRNT): A Bull Case Theory

We came across a bullish thesis on Granite Ridge Resources, Inc. (GRNT) on Value Degen’s Substack by Unemployed Value Degen. In this article we will summarize the bulls’ thesis on GRNT. GRNT Technologies, Inc. share was trading at $5.80 as of November 1st. GRNT’s trailing and forward P/E were 13.5 and 10.6 respectively according to Yahoo Finance.

[caption id="attachment_1235318" align="aligncenter" width="768"] A vertical offshore oil rig in the middle of a calm sea, symbolizing the company's oil and gas exploration.[/caption]

Granite Ridge Resources (GRNT) operates in the...