Welcome to our dedicated page for Granite Ridge Resources news (Ticker: GRNT), a resource for investors and traders seeking the latest updates and insights on Granite Ridge Resources stock.
Granite Ridge Resources, Inc. (NYSE: GRNT) is an energy company engaged in crude petroleum and natural gas extraction through a mix of operated partnerships and traditional non-operated assets. This news page aggregates the company’s publicly released updates, giving readers a single place to review its latest operational, financial, and strategic announcements.
Company press releases frequently cover quarterly and annual financial results, including oil and natural gas sales, production volumes, capital expenditures, and non-GAAP measures such as Adjusted EBITDAX and Adjusted Net Income. These updates often include guidance ranges for production, capital spending, and operating costs, as well as information about the company’s liquidity, borrowing base under its credit agreement, and use of commodity derivatives to manage price risk.
Granite Ridge’s news flow also highlights operational activity across its diversified portfolio of assets in six prolific unconventional basins, including the Permian and Appalachian (Utica) regions. Releases describe wells turned in-line, acquisitions of additional undeveloped locations, and performance from key partners within its Operated Partnership platform and non-operated portfolio. The company’s announcements often discuss how these activities contribute to its stated goal of delivering full-cycle, risk-adjusted returns.
In addition, readers will find news about quarterly cash dividend declarations, conference call schedules, and participation in investor conferences. Certain releases describe leadership changes and corporate governance developments, as well as arrangements related to power generation capacity, such as Granite Ridge’s role as a financial partner in Conduit Power’s distributed natural gas power projects in the ERCOT market.
By reviewing this news feed, investors and observers can follow Granite Ridge’s reported production trends, capital allocation decisions, balance sheet developments, and strategic initiatives across its oil, natural gas, and related energy activities.
Conduit Power announced financial agreements with Diamondback Energy (NASDAQ: FANG) and Granite Ridge Resources (NYSE: GRNT) to develop, own and operate 200 MW of distributed natural gas generation across ERCOT Load Zone West. The partners will each commit fixed capacity payments in exchange for a preferred share of power proceeds. Conduit will operate and dispatch generation in ERCOT through its qualified scheduling entity, with phased installation and the first sites targeted for commercial operation in 2026. The project is framed as addressing supply-demand imbalances caused by high renewable penetration and load growth in Load Zone West.
Granite Ridge Resources (NYSE: GRNT) reported third quarter 2025 results with daily production up 27% to 31,925 Boe/day (51% oil) and oil volumes of 16,222 Bbl/day (up 28%). Net income was $14.5M ($0.11 diluted EPS), and Adjusted Net Income (non-GAAP) was $11.8M ($0.09 EPS). Adjusted EBITDAX totaled $78.6M. The company invested $80.5M in the quarter (development $64.0M; acquisitions $16.5M) and placed 9.3 net wells online.
Liquidity included $11.8M cash and $74.7M committed availability. Net debt / trailing 12-month Adjusted EBITDAX was 0.9x. Subsequent actions: declared a quarterly cash dividend of $0.11 per share payable 12/15/2025 (record 11/28/2025), and issued $350M 8.875% senior notes on 11/5/2025.
Granite Ridge Resources (NYSE: GRNT) will report third quarter 2025 financial and operating results on Thursday, November 6, 2025 after market close. The company will host a webcast and conference call to discuss results on Friday, November 7, 2025 at 10:00 a.m. Central Time. Participants are encouraged to pre-register for the webcast at the provided registration link or access the webcast from the company investor relations website. A toll-free dial-in number is available for live audio participation and an audio replay will be available through November 21, 2025 via the listed replay phone number and conference ID.
Granite Ridge Resources (NYSE:GRNT) reported strong Q2 2025 results, with daily production increasing 37% year-over-year to 31,576 Boe per day. The company posted net income of $25.1 million ($0.19 per diluted share), compared to $5.1 million in the prior year period.
Key financial metrics include $75.4 million in Adjusted EBITDAX and $87.3 million in capital expenditures. The company declared a quarterly dividend of $0.11 per share, payable September 15, 2025. Following strong performance, Granite Ridge raised its full-year production guidance by 10% to 31,000-33,000 Boe per day and increased capital expenditure guidance to $400-420 million.
The company plans to deploy $120 million in acquisition capital, adding 74 net locations, primarily in the Permian Basin, securing three additional years of inventory at approximately $1.7 million per location.
Granite Ridge Resources (NYSE:GRNT) has scheduled its second quarter 2025 earnings conference call for Friday, August 8, 2025, at 10:00 a.m. central time. The company will release its financial and operating results the previous day, Thursday, August 7, 2025, after the NYSE market close.
Investors can access the webcast through pre-registration or the company's investor relations website. A toll-free dial-in option is available at (888) 660-6093 with conference ID 4127559. An audio replay will be accessible through August 22, 2025 by dialing (800) 770-2030.
Granite Ridge Resources (NYSE: GRNT) reported strong Q1 2025 financial results, with daily production growing 23% year-over-year to 29,245 Boe per day. The company posted net income of $9.8 million ($0.07 per share) and generated $91.4 million in Adjusted EBITDAX.
Key operational highlights include investing $71.4 million in development capital and $34.4 million in acquisitions, placing 13.7 net wells online, and maintaining a low Net Debt to TTM Adjusted EBITDAX ratio of 0.7x. The company declared a quarterly dividend of $0.11 per share, payable on June 13, 2025. Additionally, Granite Ridge increased its borrowing base to $375 million, resulting in total pro forma liquidity of $140.8 million.
The company's hedging strategy covers approximately 75% of current production through 2026, positioning it well against market volatility. For 2025, Granite Ridge maintains its guidance of 28,000-30,000 Boe per day production with capital expenditures of $300-320 million.
Granite Ridge Resources (NYSE: GRNT) has announced it will release its first quarter 2025 financial and operating results on Thursday, May 8, 2025, after the NYSE trading closes. The company will hold a webcast and conference call to discuss these results on Friday, May 9, 2025, at 10:00 a.m. central time.
Participants can pre-register for the webcast through a dedicated link or access it via the company's investor relations website. For telephone access, a toll-free dial-in number (888) 660-6093 is available with conference ID 4127559. An audio replay will be accessible through May 23, 2025, by dialing (800) 770-2030 with the same conference ID.
Granite Ridge Resources (NYSE: GRNT) reported its Q4 and full-year 2024 results, highlighting a 7% increase in total production to 27,734 Boe/day (53% oil) and a notable 20% increase in oil production. The company posted a Q4 net loss of $11.6 million (-$0.09 per share), while Adjusted Net Income reached $22.7 million ($0.17 per diluted share).
Key financial metrics include Q4 Adjusted EBITDAX of $82.6 million and capital investments of $93.3 million, resulting in 86 gross wells. The company maintained strong liquidity of $129.1 million with a Net Debt to Adjusted EBITDAX ratio of 0.7x. For the full year 2024, Granite Ridge achieved net income of $18.8 million ($0.14 per share) and declared a dividend of $0.11 per share.
Looking ahead to 2025, the company projects a 16% production increase to 28,000-30,000 Boe per day. Proved reserves as of December 31, 2024, totaled 54,315 MBoe, with 72% being proved developed reserves.
Granite Ridge Resources (NYSE: GRNT) has announced a regular quarterly dividend of $0.11 per share, payable on March 14, 2025, to shareholders of record as of February 28, 2025. The company will report its Q4 2024 financial and operating results on March 6, 2025, after NYSE trading hours.
A webcast and conference call to discuss these results is scheduled for March 7, 2025, at 10:00 a.m. central time. An audio replay will be available through March 21, 2025.
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