GRNT - Earnings announcements

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the first quarter of 2026. First Quarter 2026 Highlights Grew daily production 18% to 34,467 barrels of oil equivalent ("Boe") per day (48% oil), from 29,245 Boe per day for the first quarter of 2025. Reported net loss of $47.0 million, or $0.36 net loss per share, versus net income of $9.8 million, or $0.07 net income per diluted share, for the prior year period. Adjusted Net Income (non-GAAP) totaled $3.1 million, or $0.02 Adjusted Earnings Per Diluted Share (non-GAAP). Generated $71.0 million of Adjusted EBITDAX (non-GAAP). Invested $58.3 million i

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report its financial and operating results for the first quarter of 2026 on Thursday, May 7, 2026, after market close. The Company will host a webcast and conference call on Friday, May 8, 2026, at 10:00 a.m. central time to discuss its first quarter 2026 financial and operating results. The details are as follows: When: Friday, May 8, 2026, at 10:00 a.m. CT Where: https://ir.graniteridge.com Webcast: To access the webcast, please go to this link: Registration Dial-in / Q&A Participation: United States (Local): +1-585-542-9983 Un

Granite Ridge Resources, Inc. (NYSE:GRNT) ("Granite Ridge" or the "Company") today reported financial and operating results for the fourth quarter and full-year 2025 and provided initial guidance for 2026. Fourth Quarter 2025 Highlights Increased total production by 27% to 35,120 Boe/day (49% oil) including a 17% increase in oil production Reported net loss of $25.1 million, or $(0.19) per share, and Adjusted Net Income (non-GAAP) of $1.5 million, or $0.01 Adjusted Earnings Per Diluted Share (non-GAAP) Generated Adjusted EBITDAX (non-GAAP) of $69.5 million Invested $127.5 million of capital, placing online 67 gross (10.50 net) wells Declared a dividend of $0.11 per share

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 13, 2026, to shareholders of record as of February 27, 2026. Future declarations of dividends are subject to approval by the Board of Directors. Fourth Quarter 2025 Earnings Conference Call Granite Ridge will report its financial and operating results for the fourth quarter of 2025 on Thursday, March 5, 2026, after the close of trading on the New York Stock Exchange. The Company will host a webcast and conference call on Friday, March 6, 2026, at 10:00 a.m. central time to discuss its fourth qua

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the third quarter of 2025. Third Quarter 2025 Highlights Grew daily production 27% to 31,925 barrels of oil equivalent ("Boe") per day (51% oil), from 25,177 Boe per day for the third quarter of 2024. Reported net income of $14.5 million, or $0.11 per diluted share, versus $9.1 million, or $0.07 per diluted share, for the prior year period. Adjusted Net Income (non-GAAP) totaled $11.8 million, or $0.09 Adjusted Earnings Per Diluted Share (non-GAAP). Generated $78.6 million of Adjusted EBITDAX (non-GAAP). Invested $64.0 million in development capital expend

Granite Ridge Resources, Inc. ("Granite Ridge") (NYSE:GRNT) today announced that it will report financial and operating results for the third quarter of 2025 on Thursday, November 6, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, November 7, 2025, at 10:00 a.m. central time to discuss its third quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. Webcast: We encourage participants to pre-register for the webcast using the following link: https://events.q4inc.com/attendee/466265701. Alternatively, a link to the webcast can be f

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the second quarter of 2025. Second Quarter 2025 Highlights Grew daily production 37% to 31,576 barrels of oil equivalent ("Boe") per day (51% oil), from 23,106 Boe per day for the second quarter of 2024. Reported net income of $25.1 million, or $0.19 per diluted share, versus $5.1 million, or $0.04 per diluted share, for the prior year period. Adjusted Net Income (non-GAAP) totaled $14.0 million, or $0.11 Adjusted Earnings Per Diluted Share (non-GAAP). Generated $75.4 million of Adjusted EBITDAX (non-GAAP). Invested $77.2 million in development capita

Granite Ridge Resources, Inc. ("Granite Ridge") (NYSE:GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. Webcast: We encourage participants to pre-register for the webcast using the following link: https://events.q4inc.com/attendee/498470271. Alternatively, a link to the webcast can be fo

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the first quarter of 2025. First Quarter 2025 Highlights Grew daily production 23% to 29,245 barrels of oil equivalent ("Boe") per day (50% oil), from 23,842 Boe per day for the first quarter of 2024. Reported net income of $9.8 million, or $0.07 per diluted share, versus $16.2 million, or $0.12 per diluted share, for the prior year period. Adjusted Net Income (non-GAAP) totaled $28.9 million, or $0.22 Adjusted Earnings Per Diluted Share (non-GAAP). Generated $91.4 million of Adjusted EBITDAX (non-GAAP). Invested $71.4 million in development capital expend

Granite Ridge Resources, Inc. ("Granite Ridge") (NYSE:GRNT) today announced that it will report financial and operating results for the first quarter of 2025 on Thursday, May 8, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, May 9, 2025, at 10:00 a.m. central time to discuss its first quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. Webcast: We encourage participants to pre-register for the webcast using the following link: https://events.q4inc.com/attendee/869906741. Alternatively, a link to the webcast can be found on the Com

Granite Ridge Resources, Inc. (NYSE:GRNT) ("Granite Ridge" or the "Company") today reported financial and operating results for the fourth quarter and full-year 2024 and provided initial guidance for 2025. Fourth Quarter 2024 Highlights Increased total production by 7% to 27,734 Boe/day (53% oil) driven by a 20% increase in oil production Reported Net Loss of $11.6 million, or $(0.09) per share, and Adjusted Net Income (non-GAAP) of $22.7 million, or $0.17 per diluted share Generated Adjusted EBITDAX (non-GAAP) of $82.6 million Invested $93.3 million of capital, placing online 86 gross (4.08 net) wells Declared a dividend of $0.11 per share Ended the year with total liquidity o

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 14, 2025 to shareholders of record as of February 28, 2025. Future declarations of dividends are subject to approval by the Board of Directors. Fourth Quarter 2024 Earnings Conference Call Granite Ridge will report its financial and operating results for the fourth quarter of 2024 on Thursday, March 6, 2025, after the close of trading on the New York Stock Exchange. The Company will host a webcast and conference call on Friday, March 7, 2025, at 10:00 a.m. central time to discuss its fourth quar

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 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. (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

Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the third quarter 2023 and provided an updated outlook for 2023. Third Quarter 2023 Highlights Grew production 20% to 26,433 barrels of oil equivalent ("Boe") per day (46% oil), from 22,015 Boe per day (49% oil) for the third quarter of 2022. Reported net income of $18.0 million, or $0.13 per share, versus $80.0 million, or $0.60 per share, for the prior year period. Third quarter adjusted net income (non-GAAP) totaled $27.7 million, or $0.21 per share. Non-cash depletion and accretion expense for the third quarter totaled $44.3 million, impacting net income

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 2023 on Thursday, November 9, 2023, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, November 10, 2023, at 10:00 a.m. CST to discuss its third quarter 2023 financial and operating results. Third Quarter 2023 Earnings Conference Call The Company will host a webcast and conference call on Friday, November 10, 2023, at 10:00 a.m. CST to discuss its third quarter 2023 financial and operating results. Instructions on how to access the webcast and conf

Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the second quarter 2023 and provided an updated outlook for 2023. Second Quarter 2023 Highlights Grew production 13% to 21,557 barrels of oil equivalent ("Boe") per day (48% oil), from 19,090 Boe per day for the second quarter of 2022. Reported net income of $8.7 million, or $0.07 per share, versus $93.3 million, or $0.70 per share, for the prior year period. Second quarter adjusted net income (non-GAAP) totaled $25.6 million, or $0.19 per share. Generated $69.7 million of adjusted EBITDAX (non-GAAP). Deployed $63.2 million of capital during the quarte

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 2023 on Thursday, August 10, 2023, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 11, 2023, at 10:00 a.m. Central time to discuss its second quarter 2023 financial and operating results. Second Quarter 2023 Earnings Conference Call The Company will host a webcast and conference call on Friday, August 11, 2023, at 10:00 a.m. Central time to discuss its second quarter 2023 financial and operating results. Instructions on how to access the

Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the first quarter 2023 and provided an updated outlook for 2023. First Quarter 2023 Highlights Grew production 46% to 23,167 barrels of oil equivalent ("Boe") per day (46% oil), from 15,826 Boe per day for the first quarter of 2022. Reported net income of $36.9 million, or $0.28 per share, versus $32.4 million, or $0.24 per share, for the prior year period. First quarter adjusted net income (non-GAAP) totaled $27.4 million, or $0.21 per share. Generated $70.7 million of adjusted EBITDAX (non-GAAP). Deployed $126.2 million of capital during the quarter,

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 2023 on Thursday, May 11, 2023, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, May 12, 2023, at 10:00 a.m. Central time to discuss its first quarter 2023 financial and operating results. First Quarter 2023 Earnings Conference Call The Company will host a webcast and conference call on Friday, May 12, 2023, at 10:00 a.m. Central time to discuss its first quarter 2023 financial and operating results. Instructions on how to access the webcast and

Granite Ridge Resources Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the fourth quarter and full year 2022. Fourth Quarter 2022 Highlights Produced 22,031 barrels of oil equivalent ("Boe") per day (52% oil), a 45% increase from the fourth quarter of the prior year. Reported net income of $56.7 million, or $0.43 per share. Adjusted net income (non-GAAP) totaled $50.7 million, or $0.38 per share. Generated $83.2 million of adjusted EBITDAX (non-GAAP). Paid $10.7 million in dividends. Exited 2022 with liquidity of $200.8 million as of December 31, 2022, including $50.8 million of cash. 2023 Outlook Anticipate paying a qua

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced a quarterly cash dividend of $0.11 per share of common stock and further announced that it will host a webcast and conference call on Tuesday, March 28, 2023 at 10:00 a.m. Central time to discuss its fourth quarter and full-year 2022 earnings, along with initial 2023 guidance. Quarterly Dividend The Company's Board of Directors declared a cash dividend of $0.11 per share of the Company's common stock payable on March 15, 2023 to stockholders of record on March 1, 2023. Fourth Quarter and Full-Year 2022 Earnings Conference Call The Company will host a webcast and conference call on Tuesday, March