| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2024 | $7.00 | Neutral | BofA Securities |
| 5/15/2024 | $8.80 | Buy | ROTH MKM |
| 11/7/2023 | $9.00 | Buy | BofA Securities |
| 9/27/2023 | $8.00 | Overweight | Stephens |
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
BofA Securities resumed coverage of Granite Ridge Resources with a rating of Neutral and set a new price target of $7.00
ROTH MKM initiated coverage of Granite Ridge Resources with a rating of Buy and set a new price target of $8.80
BofA Securities initiated coverage of Granite Ridge Resources with a rating of Buy and set a new price target of $9.00
Stephens initiated coverage of Granite Ridge Resources with a rating of Overweight and set a new price target of $8.00
10-Q - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
10-Q - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
10-Q - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
DEF 14A - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
SC 13D/A - Granite Ridge Resources, Inc. (0001928446) (Subject)
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SC 13D/A - Granite Ridge Resources, Inc. (0001928446) (Subject)
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SC 13D/A - Granite Ridge Resources, Inc. (0001928446) (Subject)
SC 13D/A - Granite Ridge Resources, Inc. (0001928446) (Subject)
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the third quarter 2024. Third Quarter 2024 Highlights Achieved average production of 25,177 barrels of oil equivalent ("Boe") per day (50% oil). Reported net income of $9.1 million, or $0.07 per diluted share, and adjusted net income (non-GAAP) of $18.5 million, or $0.14 adjusted earnings per diluted share. Generated $75.4 million of Adjusted EBITDAX (non-GAAP). Placed 93 gross (5.18 net) wells online. Closed multiple transactions during the quarter adding 15.9 net future drilling locations for a total acquisition cost of $30.9 million (including $0.6 mi
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report financial and operating results for the third quarter of 2024 on Thursday, November 7, 2024, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, November 8, 2024, at 10:00 a.m. Central time to discuss its third quarter 2024 financial and operating results. Third Quarter 2024 Earnings Conference Call The Company will host a webcast and conference call on Friday, November 8, 2024, at 10:00 a.m. Central time to discuss its third quarter 2024 financial and operating results. Instructions on how to access the we
Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the second quarter 2024. Second Quarter 2024 Highlights Increased production by 7% to 23,106 barrels of oil equivalent ("Boe") per day (47% oil) from the second quarter of 2023. Reported net income of $5.1 million, or $0.04 per diluted share, and adjusted net income (non-GAAP) of $17.2 million, or $0.13 adjusted earnings per diluted share. Generated $68.3 million of Adjusted EBITDAX (non-GAAP). Placed 62 gross (9.10 net) wells online. Closed multiple transactions during the quarter adding 16.4 net future drilling locations for a total acquisition co
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com DENVER, July 29, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver – The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies (listed below). The energy investment community and industry professionals are encouraged to register now for EnerCom Denver, which will take place August 18–21, 2024, at the Westin Denver Downtown. There is no cost to register for the conference
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference, to be held August 18-21, 2024, at the Westin Denver Downtown. The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to qualified investors, incl
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report financial and operating results for the second quarter of 2024 on Thursday, August 8, 2024, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 9, 2024, at 10:00 a.m. central time to discuss its second quarter 2024 financial and operating results. Second Quarter 2024 Earnings Conference Call The Company will host a webcast and conference call on Friday, August 9, 2024, at 10:00 a.m. central time to discuss its second quarter 2024 financial and operating results. Instructions on how to access the we
EnerCom is accepting applications from start-up companies focused on innovation in alternative energy, advanced oil and gas technology, environmental sustainability and carbon solutions to participate in The Energy Transition and Emerging Technology Session Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free DENVER, June 24, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that the upcoming EnerCom Denver - The Energy Investment Conference will once again include The Energy Transition and Emerging Technology Session featuring quick-pitch investment pitches from promising start-up energy and technology
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that its Board of Directors declared a regular quarterly dividend of $0.11 per share payable on June 14, 2024 to shareholders of record as of May 31, 2024. Future declarations of dividends are subject to approval by the Board of Directors. About Granite Ridge Granite Ridge is a scaled, non-operated oil & gas exploration and production company. We invest in a diversified portfolio of production and top-tier acreage across the Permian and four other prolific US basins in partnership with proven operators. We create value by generating sustainable full-cycle risk adjusted returns for investors, off
Register now for the 29th annual EnerCom Denver – The Energy Investment Conference featuring a diverse group of public and private energy companies at www.enercomdenver.com A growing list of companies has confirmed their participation, and additional companies are being added to the lineup daily Presentation opportunities are available for E&P, Midstream, OFS, and Energy Transition companies DENVER, May 14, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that Chris Wright, Chairman, and Chief Executive Officer of Liberty Energy, will be the lunch keynote speaker on Monday, August 19, 2024, at EnerCom Denver - The Energy Investment Conference. For the past 29 years, EnerCom Denver
Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the first quarter of 2024. First Quarter 2024 Highlights Grew production 3% to 23,842 barrels of oil equivalent ("Boe") per day (45% oil), from 23,167 Boe per day for the first quarter of 2023. Reported net income of $16.2 million, or $0.12 per diluted share, versus $36.9 million, or $0.28 per diluted share, for the prior year period. First quarter Adjusted Net Income (non-GAAP) totaled $15.3 million, or $0.12 adjusted earnings per diluted share (non-GAAP). Generated $64.5 million of Adjusted EBITDAX (non-GAAP). Placed 5.07 net wells online. Declare
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the third quarter 2024. Third Quarter 2024 Highlights Achieved average production of 25,177 barrels of oil equivalent ("Boe") per day (50% oil). Reported net income of $9.1 million, or $0.07 per diluted share, and adjusted net income (non-GAAP) of $18.5 million, or $0.14 adjusted earnings per diluted share. Generated $75.4 million of Adjusted EBITDAX (non-GAAP). Placed 93 gross (5.18 net) wells online. Closed multiple transactions during the quarter adding 15.9 net future drilling locations for a total acquisition cost of $30.9 million (including $0.6 mi
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report financial and operating results for the third quarter of 2024 on Thursday, November 7, 2024, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, November 8, 2024, at 10:00 a.m. Central time to discuss its third quarter 2024 financial and operating results. Third Quarter 2024 Earnings Conference Call The Company will host a webcast and conference call on Friday, November 8, 2024, at 10:00 a.m. Central time to discuss its third quarter 2024 financial and operating results. Instructions on how to access the we
Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the second quarter 2024. Second Quarter 2024 Highlights Increased production by 7% to 23,106 barrels of oil equivalent ("Boe") per day (47% oil) from the second quarter of 2023. Reported net income of $5.1 million, or $0.04 per diluted share, and adjusted net income (non-GAAP) of $17.2 million, or $0.13 adjusted earnings per diluted share. Generated $68.3 million of Adjusted EBITDAX (non-GAAP). Placed 62 gross (9.10 net) wells online. Closed multiple transactions during the quarter adding 16.4 net future drilling locations for a total acquisition co
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report financial and operating results for the second quarter of 2024 on Thursday, August 8, 2024, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 9, 2024, at 10:00 a.m. central time to discuss its second quarter 2024 financial and operating results. Second Quarter 2024 Earnings Conference Call The Company will host a webcast and conference call on Friday, August 9, 2024, at 10:00 a.m. central time to discuss its second quarter 2024 financial and operating results. Instructions on how to access the we
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that its Board of Directors declared a regular quarterly dividend of $0.11 per share payable on June 14, 2024 to shareholders of record as of May 31, 2024. Future declarations of dividends are subject to approval by the Board of Directors. About Granite Ridge Granite Ridge is a scaled, non-operated oil & gas exploration and production company. We invest in a diversified portfolio of production and top-tier acreage across the Permian and four other prolific US basins in partnership with proven operators. We create value by generating sustainable full-cycle risk adjusted returns for investors, off
Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the first quarter of 2024. First Quarter 2024 Highlights Grew production 3% to 23,842 barrels of oil equivalent ("Boe") per day (45% oil), from 23,167 Boe per day for the first quarter of 2023. Reported net income of $16.2 million, or $0.12 per diluted share, versus $36.9 million, or $0.28 per diluted share, for the prior year period. First quarter Adjusted Net Income (non-GAAP) totaled $15.3 million, or $0.12 adjusted earnings per diluted share (non-GAAP). Generated $64.5 million of Adjusted EBITDAX (non-GAAP). Placed 5.07 net wells online. Declare
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report financial and operating results for the first quarter of 2024 on Thursday, May 9, 2024, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, May 10, 2024, at 10:00 a.m. CDT to discuss its first quarter 2024 financial and operating results. First Quarter 2024 Earnings Conference Call The Company will host a webcast and conference call on Friday, May 10, 2024, at 10:00 a.m. CDT to discuss its first quarter 2024 financial and operating results. Instructions on how to access the webcast and conference call are
Granite Ridge Resources, Inc. (NYSE:GRNT) ("Granite Ridge" or the "Company") today reported financial and operating results for the fourth quarter and full-year 2023 and provided initial guidance for 2024. Fourth Quarter 2023 Highlights Grew production 18% to 26,034 barrels of oil equivalent ("Boe") per day (47% oil) versus the prior year quarter Reported net income of $17.5 million, or $0.13 per share and Adjusted Net Income (non-GAAP) of $26.4 million, or $0.20 per share Generated $81.8 million of Adjusted EBITDAX (non-GAAP) Deployed $78.4 million of capital Placed 80 gross (4.60 net) wells online Declared dividend of $0.11 per share of common stock of the Company C
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that its Board of Directors declared a regular quarterly dividend of $0.11 per share payable on March 15, 2024 to shareholders of record as of March 1, 2024. Future declarations of dividends are subject to approval by the Board of Directors. About Granite Ridge Granite Ridge is a scaled, non-operated oil & gas exploration and production company. We invest in a diversified portfolio of production and top-tier acreage across the Permian and four other prolific US basins in partnership with proven operators. We create value by generating sustainable full-cycle risk adjusted returns for investors, o
Granite Ridge Resources, Inc. (NYSE:GRNT) ("Granite Ridge" or the "Company") today provided an operational update and released select preliminary fourth-quarter 2023 results. The Company also provided details for the Company's fourth-quarter and full-year 2023 earnings release and conference call below. Vital Asset Sale On December 21, 2023, Granite Ridge closed on the sale of certain of its Permian Basin assets to Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy") for consideration of 561,752 shares of Vital Energy's common stock and 541,155 shares of Vital Energy's 2.0% cumulative mandatorily convertible preferred securities. The assets sold consisted of approximately 1,658 net acres and
B of A Securities analyst Noah Hungness reiterates Granite Ridge Resources (NYSE:GRNT) with a Neutral and announces $7 price target.
Roth MKM analyst John White initiates coverage on Granite Ridge Resources (NYSE:GRNT) with a Buy rating and announces Price Target of $8.8.
Granite Ridge Resources (NYSE:GRNT) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.10 by 20 percent. This is a 42.86 percent decrease over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $88.996 million which beat the analyst consensus estimate of $88.750 million by 0.28 percent. This is a 2.53 percent decrease over sales of $91.310 million the same period last year.
Evercore ISI Group analyst Stephen Richardson initiates coverage on Granite Ridge Resources (NYSE:GRNT) with a In-Line rating and announces Price Target of $8.
Granite Ridge Resources (NYSE:GRNT) reported its Q4 earnings results on Thursday, March 7, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Granite Ridge Resources missed estimated earnings by 0.0%, reporting an EPS of $0.2 versus an estimate of $0.2. Revenue was down $9.54 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.03 which was followed by a 1.0% increase in the share price the next day. To track all earnings releases for Granite Ridge Resources visit their earnings calendar here. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Granite Ridge Resources (NYSE:GRNT) reported quarterly earnings of $0.200 per share which met the analyst consensus estimate. This is a 47.37 percent decrease over earnings of $0.380 per share from the same period last year. The company reported quarterly sales of $106.798 million which beat the analyst consensus estimate of $105.345 million by 1.38 percent. This is a 8.20 percent decrease over sales of $116.335 million the same period last year.
Companies Reporting Before The Bell • CI&T (NYSE:CINT) is estimated to report quarterly earnings at $0.06 per share on revenue of $106.08 million. • Stevanato Gr (NYSE:STVN) is likely to report quarterly earnings at $0.21 per share on revenue of $354.31 million. • ABM Indus (NYSE:ABM) is projected to report quarterly earnings at $0.71 per share on revenue of $2.01 billion. • Bilibili (NASDAQ:BILI) is likely to report quarterly loss at $0.22 per share on revenue of $887.26 million. • BJ's Wholesale Club (NYSE:BJ) is projected to report quarterly earnings at $1.06 per share on revenue of $5.39 billion. • Burlington Stores (NYSE:BURL) is estimated to report quarterly earnings at $3.30 per
Wednesday marks the last chance for investors to receive the next dividend payout from Granite Ridge Resources (NYSE:GRNT). What's Happening The company announced on Friday that it would pay shareholders a quarterly dividend of 11 cents per share. On Thursday, Granite Ridge Resources will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 11 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own GRNT as of the end of Wednesday's session are eligible to receive t