Granite Ridge Resources Inc SEC Filings

John McCartney, a director of Granite Ridge Resources, Inc. (GRNT), purchased 3,000 shares of the company's common stock on 08/13/2025 at a reported price of $5.41 per share. After the transaction he beneficially owned 72,117 shares, held directly. The Form 4 was signed on behalf of Mr. McCartney by Emily Fuquay under power of attorney on 08/14/2025. The filing uses transaction code P, indicating a purchase, and does not report any derivative transactions or additional remarks.

Granite Ridge Resources director John McCartney reported a purchase of 3,000 common shares on 08/12/2025 at $5.34 per share, raising his beneficial ownership to 69,117 shares. The Form 4 was signed on 08/13/2025 by Emily Fuquay by power of attorney. No derivative securities were reported and the filing was submitted by one reporting person.

Michele J. Everard, a director of Granite Ridge Resources, Inc. (GRNT), reported a purchase of 1,000 common shares on 08/12/2025 at a price of $5.33 per share on Form 4. The filing shows her direct beneficial ownership increased to 50,117 shares. The Form 4 was signed by Emily Fuquay by power of attorney for Ms. Everard on 08/12/2025.

Matthew R. Miller, a director of Granite Ridge Resources, acquired 18,700 shares of the company's common stock in transactions dated 08/12/2025 at a weighted average purchase price of $5.36. The purchases were executed in multiple trades at prices ranging from $5.34 to $5.37, and the filing reports the reporting person now beneficially owns 1,284,064 shares on a direct basis. The Form 4 discloses the transaction type as purchases and confirms the reporting person filed as an individual reporting director. The filing notes the reporting person will provide detailed trade breakdowns on request.

Granite Ridge Resources (GRNT) Q2-25 10-Q highlights: Revenue climbed 20% YoY to $109.2 mm on stronger Permian volumes, while unit LOE and G&A rose, lifting total operating costs 29%. Net operating income slipped 5% to $20.7 mm, but a $23.9 mm unrealized commodity hedge gain swung total other income positive, driving net income to $25.1 mm ($0.19/sh) versus $5.1 mm ($0.04/sh) a year ago. Six-month net income reached $34.9 mm, up 64%.

Cash flow from operations grew 16% to $154.1 mm, covering 93% of $164.5 mm development capex and $44.9 mm property acquisitions; after financing inflows, cash fell to $3.7 mm from $9.4 mm at YE-24. Long-term debt increased to $275 mm (vs. $205 mm) following the borrowing-base hike to $375 mm on 29-Apr-25; leverage remains within the 3.0× covenant at ~1.1× TTM EBITDAX. Equity edged up to $642 mm despite $28.8 mm in dividends ($0.22/sh YTD).

Balance-sheet mix: Derivative assets rose to $9.8 mm, equity stake in Vital Energy marked down to $11.0 mm after a $10.5 mm realized loss. Working capital turned modestly positive as payables fell 21%. Asset retirement obligation climbed 6% to $11.3 mm.

Granite Ridge Resources, Inc. (GRNT) filed a Form 4 disclosing that director Matthew Reade Miller acquired 2,943 shares of common stock on 30 June 2025. The shares were issued at an effective price of $0 because Mr. Miller elected to receive equity in lieu of his quarterly cash board retainer, as permitted under the company’s director compensation plan.

Following the transaction, Mr. Miller directly owns 1,265,364 shares of GRNT, implying the new shares increased his direct holdings by roughly 0.2%. No derivative securities were involved, and the filing contains no sales or dispositions.

The transaction is routine, cash-less and small relative to both Mr. Miller’s existing stake and GRNT’s total shares outstanding. It signals continued alignment between the director and shareholders but is not expected to have a material impact on the company’s share-price dynamics or governance structure.