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 (GRNT) is a leading non-operated oil and gas company focused on strategic energy investments across premier US basins. This news hub provides investors with timely updates on operational milestones, financial performance, and industry developments.
Access consolidated information about earnings reports, asset acquisitions, and partnership announcements. Our curated collection features press releases and market analyses relevant to GRNT's diversified portfolio and risk-adjusted investment strategy.
Key updates include Permian Basin developments, production metrics, and management insights. Stay informed about the company's unique position in energy markets through verified operational updates and financial disclosures.
Bookmark this page for streamlined access to GRNT's evolving story. Check regularly for authoritative updates on sustainable energy investments and partnership-driven growth in the oil and gas sector.
Granite Ridge Resources (NYSE: GRNT) has announced that it will release its financial and operating results for the second quarter of 2024 on August 8, 2024, after market close. The company will host a webcast and conference call on August 9, 2024, at 10:00 a.m. CT to discuss the results. Participants are encouraged to pre-register for the webcast. The toll-free dial-in number for the call is (888) 660-6093, using conference ID 4127559. An audio replay will be accessible through August 23, 2024, by dialing (800) 770-2030 and entering the same conference ID.
Granite Ridge Resources announced a quarterly cash dividend of $0.11 per share. This dividend will be payable on June 14, 2024, to shareholders who are on record as of May 31, 2024. Future dividend declarations are subject to the approval of the Board of Directors.
Granite Ridge Resources Inc. reported financial and operating results for the first quarter of 2024, highlighting a 3% production growth to 23,842 Boe per day, with net income of $16.2 million. The company generated $64.5 million of Adjusted EBITDAX and closed several acquisitions during the quarter. Despite a slight decrease in oil production, total production increased, with positive cash flow and operational activities. The company provided 2024 guidance and will host a conference call to discuss results.
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