Every 8-K that Granite Ridge Resources, Inc. (GRNT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GRNT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRNT filings page.
Granite Ridge Resources, Inc. (GRNT) filed an amendment to report its decision on how often shareholders will be asked to give advisory feedback on executive pay. Following a stockholder vote at the 2026 annual meeting, the Board chose to hold say-on-pay advisory votes every year.
The Board states it will continue this annual frequency for future advisory votes on compensation of named executive officers until the next required shareholder vote on how frequently such advisory votes should occur.
Granite Ridge Resources, Inc. (GRNT) announced that affiliates of Grey Rock Investment Partners distributed 14,000,000 shares of Granite Ridge common stock in kind to their limited partners under an effective resale registration statement. After this distribution, Grey Rock and its affiliates beneficially own approximately 39% of Granite Ridge’s outstanding common stock, so Granite Ridge is no longer a “controlled company” under New York Stock Exchange listing standards.
The Board of Directors increased in size from seven to nine members and appointed Jonathan Adams and John Cocke as independent directors, making a majority of the Board independent. Each received a grant of 19,305 shares of common stock and 5,315 restricted shares that vest on January 2, 2027, under the 2022 Omnibus Incentive Plan. The company intends to use NYSE transition periods to fully align its compensation and nominating committees with independence requirements, while its Master Services Agreement and operated-partnership arrangements with Grey Rock remain unchanged.
Granite Ridge Resources reported stronger second-quarter 2026 results, with oil and natural gas sales of $149.3 million and net income of $30.0 million, or $0.23 per diluted share. Average daily production rose 1% year over year to 32,044 Boe per day, 51% oil, and Adjusted EBITDAX reached $79.6 million. Operating cash flow was $55.6 million, and capital spending totaled $95.2 million, including $78.5 million for drilling and completions and $16.7 million for acquisitions, supporting 7.2 net wells turned in-line.
Lease operating expenses increased to $10.27 per Boe, while net debt was $418.0 million, equating to 1.4x Trailing Twelve Months Adjusted EBITDAX, with $293.8 million of liquidity. The company paid a $0.11 per-share dividend and declared another $0.11 dividend payable September 14, 2026. Full-year 2026 guidance calls for 34,000–36,000 Boe per day of production and $345–$385 million of total capital expenditures. Granite Ridge also highlighted that Grey Rock Investment Partners, which holds about half of the outstanding common stock, plans in-kind share distributions beginning in the third quarter of 2026, which could eventually shift the company to non-controlled status under NYSE standards and require a majority-independent board.
Granite Ridge Resources, Inc. reported results from its 2026 annual stockholders meeting. Shareholders elected Thaddeus Darden, Michele J. Everard and Kirk Lazarine as Class I directors for terms running to the 2029 annual meeting. They also ratified Forvis Mazars LLP as independent auditor for the year ending December 31, 2026.
Stockholders approved, on an advisory basis, the compensation of named executive officers and chose to hold this advisory vote every year. They further approved a First Amendment to the 2022 Omnibus Incentive Plan, adding 2,500,000 shares of common stock available for awards and extending the plan’s term from October 24, 2032 to October 24, 2034. On the March 24, 2026 record date, 131,906,125 common shares were outstanding.
Granite Ridge Resources reported an 18% year-over-year increase in first quarter 2026 production to 34,467 Boe per day, with 48% oil, while posting a net loss of $47.0 million, or $0.36 per diluted share, versus $9.8 million of net income a year earlier.
The loss was driven mainly by a $60.2 million non-cash mark-to-market loss on commodity hedges and an $11.2 million non-cash impairment. Oil and natural gas sales were $128.3 million, and Adjusted Net Income (non-GAAP) was $3.1 million, or $0.02 per diluted share.
Adjusted EBITDAX (non-GAAP) was $71.0 million, down from $91.4 million in the prior-year quarter, as lease operating expenses rose to $9.57 per Boe, a 55% per-unit increase. Operating cash flow was $58.3 million, and Net Debt to Trailing Twelve Months Adjusted EBITDAX was 1.3x, reflecting $396.2 million of Net Debt.
The company invested $58.3 million in development capital and $10.1 million in acquisitions, closed 17 deals adding 3.0 net undeveloped locations, and turned 1.4 net wells in-line. It paid a $0.11 per share dividend and the board declared another $0.11 quarterly dividend payable June 12, 2026 to shareholders of record on May 29, 2026.
Granite Ridge Resources, Inc. reported strong volume growth in 2025 but mixed profitability. Total production for the year rose 28% to 31,984 Boe per day, with oil volumes up 31% to 16,041 Bbls per day and proved reserves increasing to 62,347 MBoe.
The company generated 2025 net income of $24.4 million, or $0.18 per diluted share, and Adjusted EBITDAX of $315.0 million, while investing $401.0 million in capital, including $279.0 million of development spending. In the fourth quarter, it recorded a net loss of $25.1 million but small positive Adjusted Net Income. Liquidity at year-end was $339.5 million with Net Debt to Adjusted EBITDAX of 1.2x. Initial 2026 guidance targets average production of 34,000–36,000 Boe per day, modestly above 2025, with total capital expenditures of $320–$360 million and lease operating expenses of $6.75–$7.75 per Boe.
Granite Ridge Resources, Inc. appointed Ronald Kyle Kettler as Chief Financial Officer, effective February 9, 2026, succeeding Kim Weimer, who remains Chief Accounting Officer. Kettler brings extensive energy investment and finance experience from Chambers Energy Management, Lehman Brothers, Kenmont Investments, Dynegy, Enron, Kemper Securities, and KPMG.
Under a three-year employment agreement with automatic one-year renewals, Kettler receives a $450,000 annual base salary (subject to increase), a target bonus equal to 50% of base salary, and eligibility for annual long-term incentives. He is also granted performance-based restricted stock units with a target value of $1,500,000 and restricted stock with a grant value of $500,000, subject to long-term performance and service-based vesting.
Granite Ridge Resources, Inc. reported amending its management services agreement with Grey Rock Administration, LLC and entering a new power capacity commitment with Conduit Bravo LLC.
The amendment extends the agreement’s initial term from April 30, 2028 to April 30, 2031 and raises the annual services fee from $10.0 million to $11.75 million, with CPI-based annual adjustments beginning January 1, 2027 and authority for management to increase the fee up to $12.50 million. All other material terms of the existing agreement remain the same.
Separately, wholly owned subsidiary Granite Ridge Ventures, LLC entered into a power capacity commitment with Conduit Bravo LLC, a portfolio company of funds managed by affiliates of Grey Rock Investment Partners. This arrangement is documented under an ISDA 2002 Master Agreement, a Transaction Confirmation, an Omnibus Agreement and related documents that will be filed with the company’s Form 10-K for the year ending December 31, 2025.
Granite Ridge Resources (GRNT) furnished Q3 2025 materials. The company issued a press release announcing financial and operating results for the quarter ended September 30, 2025, and made an Investor Presentation available on its website.
The press release was furnished as Exhibit 99.1, and the information in this report, including Exhibit 99.1, is being furnished and not filed under the Exchange Act.