Granite Ridge Resources, Inc.

Equities

GRNT

US3874321074

Oil & Gas Exploration and Production

End-of-day quote Nyse Other stock markets 03:30:00 10/05/2024 am IST			5-day change	1st Jan Change
6.34 ^USD	-3.65%		-1.71%	+5.32%

10/05	Transcript : Granite Ridge Resources, Inc., Q1 2024 Earnings Call, May 10, 2024
09/05	Granite Ridge Resources, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Granite Ridge Resources, Inc. Provides Production Guidance for the Year 2024

March 08, 2024 at 02:35 am IST

Granite Ridge Resources, Inc. provided production guidance for the year 2024. For the year, the company expected approximately 23,250 to 25,250 Boe per day of production for 2024, an increase of approximately 7% from 2023.

Latest news about Granite Ridge Resources, Inc.

Transcript : Granite Ridge Resources, Inc., Q1 2024 Earnings Call, May 10, 2024	10/05
Granite Ridge Resources, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	10/05	CI
Earnings Flash (GRNT) GRANITE RIDGE RESOURCES Reports Q1 Revenue $89M, vs. Street Est of $87.2M	10/05	MT
Earnings Flash (GRNT) GRANITE RIDGE RESOURCES Reports Q1 EPS $0.12, vs. Street Est of $0.11	10/05	MT
Evercore ISI Starts Granite Ridge Resources With In Line Rating, $8 Price Target	29/04	MT
Granite Ridge Resources Amends Credit Facility to $300 Million	05/04	MT
Granite Ridge Resources, Inc. Announces Expansion of Revolving Credit Facility	05/04	CI
Transcript : Granite Ridge Resources, Inc. - Special Call	13/03
Transcript : Granite Ridge Resources, Inc., Q4 2023 Earnings Call, Mar 08, 2024	08/03
Granite Ridge Resources Q4 Adjusted Net Income, Sales Fall; Shares Rise After Hours	08/03	MT
Earnings Flash (GRNT) GRANITE RIDGE RESOURCES Posts Q4 Revenue $106.8M, vs. Street Est of $105.3M	08/03	MT
Granite Ridge Resources, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	08/03	CI
Granite Ridge Resources, Inc. Reports Unaudited Consolidated Impairments of Long-Lived Assets for the Fourth Quarter Ended December 31, 2023	08/03	CI
Granite Ridge Resources, Inc. Reports Production Results for the Fourth Quarter and Full-Year Ended December 31, 2023	08/03	CI
Granite Ridge Resources, Inc. Provides Production Guidance for the Year 2024	08/03	CI
Granite Ridge Resources Keeps Quarterly Dividend at $0.11 Per Share, Payable March 15 to Investors of Record on March 1	16/02	MT
Granite Ridge Resources, Inc. Declares Quarterly Dividend, Payable on March 15, 2024	15/02	CI
Tranche Update on Granite Ridge Resources, Inc.'s Equity Buyback Plan announced on December 15, 2022.	02/02	CI
Vital Energy, Inc. acquired Granite Ridge Permian Basin Assets for $56.3 million.	02/02	CI
BofA Securities Lowers Granite Ridge Resources' PT to $7 From $9, Keeps Buy Rating; Sees Perpetual Backwardation as New Normal, Expects Oil to Remain Volatile	06/01	MT
Granite Ridge Resources, Inc. Appoints Kimberly Weimer as Chief Accounting Officer and Principal Accounting Officer	04/01	CI
Granite Ridge Resources, Inc.'s Equity Buyback announced on December 15, 2022 has expired with 5,628,231 shares, representing 4.2% for $35.65 million.	31/12	CI
Certain Common Stock of Granite Ridge Resources, Inc. are subject to a Lock-Up Agreement Ending on 12-DEC-2023.	12/12	CI
Granite Ridge Resources Maintains Quarterly Dividend at $0.11 a Share, Payable Dec. 15 to Shareholders of Record Dec. 1	17/11	MT
Granite Ridge Resources Declares Quarterly Cash Dividend, Payable on December 15, 2023	17/11	CI

Chart Granite Ridge Resources, Inc.

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Company Profile

Granite Ridge Resources, Inc. is an oil and gas exploration and production company. It owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. It holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. It owns an interest in approximately 2,826 gross (176.50 net) producing wells, 309,472. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado.

Sector

Oil & Gas Exploration and Production

Calendar

15/05/2024 - TPH Hotter N Hell Energy Conference

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Russell 2000

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Ratings for Granite Ridge Resources, Inc.

Trading Rating

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.34 USD

Average target price

8.333 USD

Spread / Average Target

+31.44%

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