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Granite Ridge Resources vs TXO Partners, L.p.

Granite Ridge Resources and TXO Partners, L.p. are similar in size: $450m and $401m of revenue in their latest fiscal years. TXO Partners, L.p. grew faster (41.8% against 18.5%). Granite Ridge Resources kept more of each dollar of sales as profit: a net margin of 5.4% against -5.4%.

Latest fiscal yearGranite Ridge ResourcesGRNT, 2025TXO Partners, L.p.TXO, 2025
Revenue $450m $401m
Revenue growth 18.5% 41.8%
Net income $24.4m −$21.6m
Operating margin 10.3% -7.6%
Net margin 5.4% -5.4%
Return on equity 3.9% —
Free cash flow $178m —
Cash $14.8m $9.4m
Total debt $400m $291m
Debt to equity 66.0% —
Dividend per share $0.44 —
Dividend yield 8.4% —
Share buybacks $16,000 —
Employees — 231
Market value $686m $771m
Price vs our value range Below our value range Below our value range
Moat score — —
Insider trades, 12 months 35 buys, 0 sales 23 buys, 5 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.