Granite Ridge Resources Inc

Granite Ridge Resources, Inc. is a blank check company. The company was founded on May 9, 2022 and is headquartered in Dallas, TX.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Granite Ridge Resources Inc reports robust Q4 earnings and growth outlook

Granite Ridge Resources Inc delivered strong financial and operational performance in Q4 2022, driven by production growth, revenue increase, and improved profitability.
The company's strengths lie in its robust reserves, unique business model, and prudent financial management, while facing challenges in managing capital expenditures and operational efficiency.
Opportunities for growth through planned investments, strategic partnerships, and acquisitions underscore Granite Ridge's potential for sustained success and value creation.

Granite Ridge Resources Inc (GRNT) surpasses Q2 expectations, eyes growth

Granite Ridge Resources Inc (GRNT) delivered strong Q2 results, exceeding expectations and showcasing robust growth potential. With increased production guidance, strategic transactions, and a focus on disciplined investments, the company is well-positioned for future success. Challenges in maintaining growth and addressing investor inquiries are being actively managed, while opportunities for further expansion and shareholder returns are being pursued.

Granite Ridge Resources Inc reports strong Q3 performance and growth outlook

Granite Ridge Resources Inc (GRNT) delivered a robust performance in Q3 2023, marked by production growth, financial stability, and strategic initiatives.
With a focus on partnerships and operational efficiency, GRNT is well-positioned to capitalize on growth opportunities and navigate market challenges effectively.
Investors should monitor GRNT's execution of its updated outlook, capital allocation decisions, and partnership strategies to gauge its future performance and value creation.

Granite Ridge Resources Inc excels in 2023, poised for strategic growth

Granite Ridge Resources Inc delivered a strong performance in 2023, exceeding production targets and achieving robust financial results. The company's focus on operational efficiency, investor relations, and strategic growth initiatives underpins its resilience and market position.
While facing potential challenges in maintaining growth and navigating market uncertainties, Granite Ridge's strengths in financial management, operational capabilities, and shareholder value creation provide a solid foundation for future success. The company's opportunities lie in leveraging its strengths to pursue growth, optimize assets, and enhance market recognition.
With a clear emphasis on earnings, shareholder value, and strategic execution, Granite Ridge is well-positioned to capitalize on opportunities, address challenges, and drive sustainable growth in 2024. By aligning operational strategies with market dynamics and investor expectations, the company can enhance its competitive edge and create long-term value.

Granite Ridge Resources Inc reports solid Q1 performance and growth strategies

GRNT's Q1 2024 performance showed slight production growth and strong financials, with a focus on debt reduction and strategic partnerships.
The company faces short-term challenges in flat production and managing high CapEx but is well-positioned for future growth.
Opportunities lie in the planned production ramp, ongoing acquisitions, and leveraging strategic partnerships for operational efficiency.
Overall, GRNT's emphasis on financial discipline, operational efficiency, and growth strategies bode well for its future prospects.

Granite Ridge Resources excels in Q2 with strategic acquisitions and strong financial performance

Granite Ridge Resources demonstrated strong operational and financial performance in Q2 2024, driven by strategic acquisitions and a controlled capital program.
The company's focus on increasing oil production mix and delivering value to shareholders through dividends highlights its commitment to growth and profitability.
While facing challenges in managing increased CapEx and balancing production targets, Granite Ridge has opportunities to capitalize on acquisitions and optimize operations for future success.
Overall, Granite Ridge's Q2 performance reflects a solid foundation for growth, supported by a clear strategic direction and a commitment to shareholder value.

Granite Ridge Resources Inc surpasses Q3 expectations amidst market challenges

GRNT's Q3 performance exceeded expectations with strong production and cost management.
The company faces challenges in maintaining production growth targets amidst market uncertainties.
However, opportunities lie in anticipated production growth for 2025 and unique business model.
Continued focus on cost management and operational efficiency is crucial for future success.

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Granite Ridge Resources, Inc. engages in the exploration, development, and production of oil and natural gas. The company was founded on May 9, 2022 and is headquartered in Dallas, TX.

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced a quarterly cash dividend of $0.11 per share of common stock and further announced that it will host a webcast and conference call on Tuesday, March 28, 2023 at 10:00 a.m. Central time to discuss its fourth quarter and full-year 2022 earnings, along with initial 2023 guidance. Quarterly Dividend The Company's Board of Directors declared a cash dividend of $0.

Granite Ridge Resources Declares Quarterly Dividend and Schedules Fourth Quarter and Full-Year 2022 Earnings Conference Call

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DALLAS--( BUSINESS WIRE )--Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today announced that the Board of Directors has approved a stock repurchase program authorizing management of the Company to repurchase up to $50 million of the Company's common stock through December 31, 2023. The Company also announced that the Conflicts Committee of the Board of Directors has waived certain lock-up transfer restrictions contained in the Company's Registration Rights and Lock-Up Agreement with certain of the Company's stockholders as it relates to approximately 23.6 million shares of Granite Ridge common stock (the “Grey Rock Fund II Shares”) held by private equity funds managed by Grey Rock Energy Management (“Grey Rock”).

Granite Ridge Resources, Inc. Announces Stock Repurchase Program and Lock-Up Waiver for Certain Previously Issued Shares

Granite Ridge Resources, Inc. (NYSE:GRNT ) Q3 2022 Results Conference Call November 14, 2022 11:00 AM ET Company Participants Scott Espenshade - IR Luke Brandenberg - President and CEO Tyler Farquharson - CFO Operator Good morning, and welcome to Granite Ridge Resources Third Quarter 2022 Results Conference Call. All participants are in a listen only mode.

Granite Ridge Resources, Inc. (GRNT) Q3 2022 Earnings Call Transcript

DALLAS--( BUSINESS WIRE )--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE:GRNT) today announced its third quarter 2022 pro forma financial and operating results.

Granite Ridge Resources Reports Third Quarter Results and Declares Initial Dividend

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge”) (NYSE:GRNT) today announced its third quarter 2022 earnings news release is scheduled to be issued before the open of trading on the New York Stock Exchange on Monday, November 14, 2022.

Granite Ridge Resources Announces Date for Third Quarter 2022 Earnings Release and Conference Call

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