John McCartney, a director at Granite Ridge Resources (NASDAQ:GRNT), acquired 3,000 shares of common stock on May 19, 2026. The total transaction value was $17,430, with shares purchased at $5.81 each.
The stock has returned 11% over the past week and 25% year-to-date. Following the purchase, McCartney directly holds 139,143 shares.
The company offers a dividend yield of 7.65% and appears undervalued per Bond.az analysis. For detailed insights, investors can access GRNT's Pro Research Report.
In other news, Granite Ridge reported strong Q1 2026 results driven by oil segment gains. Total revenues reached $128.3 million, a 4.3% increase year-over-year.
