Inferra AI / Company / GRNT
Granite Ridge Resources, Inc.
GRNT · Energy
Last earnings Aug 6, 2026
Key results
Reported net incomequarter
$25.1 million
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.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Adjusted net incomequarter
$14.0 million
Adjusted Net Income (non-GAAP) totaled $14.0 million, or $0.11 Adjusted Earnings Per Diluted Share (non-GAAP).
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Net incomequarter
$25.1 million
Net income was $25.1 million, or $0.19 per diluted share.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Excluding non-cash and special items, Adjusted Net Income (non-GAAP) was $14.0 million, or $0.11 per diluted share.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
AI analysis
Q2 2025 · reported Aug 7, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Reported net income | $25.1 million | — | — |
| Adjusted net income | $14.0 million | — | — |
| Net income | $25.1 million | — | — |
Guidance · company-stated
Direction: Raised
“We are raising our full-year production guidance by 10% at the midpoint to between 31,000 and 33,000 Boe per day and increasing our capital expenditure guidance to $400-420 million to support the expanded inventory additions.”
“As a result, the Company has raised its full-year production guidance by 10% at the midpoint to 31,000 33,000 barrels of oil equivalent per day, achieving 28% year-over-year growth.”
“Capital expenditure guidance has also been increased to $400 $420 million, primarily to fund acquisitions expected to close in 2025.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Reports Second Quarter 2025 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2025 Dallas, Texas, August 7, 2025 Granite Ridge Resources, Inc.
Event summary
Reports Second Quarter 2025 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Company outlook: “We are raising our full-year production guidance by 10% at the midpoint to between 31,000 and 33,000 Boe per day and increasing our capital expenditure guidance to $400-420 million to support the expanded inventory additions.”
Company outlook: “As a result, the Company has raised its full-year production guidance by 10% at the midpoint to 31,000 33,000 barrels of oil equivalent per day, achieving 28% year-over-year growth.”
Company outlook: “Capital expenditure guidance has also been increased to $400 $420 million, primarily to fund acquisitions expected to close in 2025.”
Company outlook — Raised (“raising”)
“We are raising our full-year production guidance by 10% at the midpoint to between 31,000 and 33,000 Boe per day and increasing our capital expenditure guidance to $400-420 million to support the expanded inventory additions.”
Company outlook — Raised (“raised”)
“As a result, the Company has raised its full-year production guidance by 10% at the midpoint to 31,000 33,000 barrels of oil equivalent per day, achieving 28% year-over-year growth.”
Company outlook — Raised (“increased”)
“Capital expenditure guidance has also been increased to $400 $420 million, primarily to fund acquisitions expected to close in 2025.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Reports Second Quarter 2025 Results, Declares Quarterly Cash Dividend and Provides Updated Outlook for 2025 Dallas, Texas, August 7, 2025 Granite Ridge Resources, Inc.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Invested $77.2 million in development capital expenditures and $10.1 million in acquisition capital to capture high quality drilling opportunities.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Declared dividend of $0.11 per share of common stock.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Net Debt to Trailing Twelve Months Adjusted EBITDAX (non-GAAP) of 0.8x Subsequent to quarter end, the Company s Board of Directors declared a regular quarterly dividend of $0.11 per share payable on September 15, 2025 to shareholders of record as of August 29, 2025.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Future declarations of dividends are subject to approval by the Board of Directors.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Development capital expenditures of $148.6 million for the six months ended June 30 were in line with expectations, while non-budgeted acquisition capital increased due to heightened transaction activity in our Operated Partnership and Traditional Non-Op investment strategies.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Strategy & priorities
Development capital expenditures of $148.6 million for the six months ended June 30 were in line with expectations, while non-budgeted acquisition capital increased due to heightened transaction activity in our Operated Partnership and Traditional Non-Op investment strategies.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
I am honored to lead Granite Ridge and am confident our strategy will maximize shareholder value.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Our strategy remains unchanged underwrite development projects with full-cycle returns exceeding 25%, deliver consistent growth, and return capital to shareholders through a quarterly dividend.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Guidance Update The Company s Operated Partnership and Traditional Non-Op investment strategies continued to drive value in the second quarter of 2025.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Granite Ridge plans to deploy approximately $120 million in acquisition capital, adding 74 net locations, with a significant portion allocated to the Permian Basin through its Operated Partnership strategy and the remaining portion to the high- 1 performing Appalachia leasing strategy.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Risks & headwinds
When used in this release, forward-looking statements are generally accompanied by terms or phrases such as estimate, project, predict, believe, expect, continue, anticipate, target, could, plan, intend, seek, goal, will, should, may or other words and similar expressions that convey the uncertainty of future events or outcomes.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond Granite Ridge s control.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected.
SEC original ↗Granite Ridge Resources, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
When used in this Report, forward-looking statements are generally accompanied by terms or phrases such as estimate, project, predict, believe, expect, continue, anticipate, target, could, plan, intend, seek, goal, will, should, may or other words and similar expressions that convey the uncertainty of future events or outcomes.
SEC original ↗Granite Ridge Resources, Inc. — 10-Q Quarterly report10-QAug 6, 2026
While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.
SEC original ↗Granite Ridge Resources, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Legal Proceedings 39 Item 1A.
SEC original ↗Granite Ridge Resources, Inc. — 10-Q Quarterly report10-QAug 6, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q2 2026
- 8-K/AGRNT
- 8-KGRNT
- 8-KGRNT
- 10-QGRNT
- Q1 2026
- 8-KGRNT
- 8-KGRNT
- 10-QGRNT
- Q4 2025
- 10-KGRNT
- 8-KGRNT
- 8-KGRNT
- EX-99GRNT
- Q3 2025
- 8-KGRNT
- 8-KGRNT
- 10-QGRNT
- Q2 2025
- 8-KGRNT
- 10-QGRNT
- Q1 2025
- 8-KGRNT
- EX-99GRNT
- 8-KGRNT
- 8-KGRNT
- 10-QGRNT
- 8-KGRNT
- Q4 2024
- 8-KGRNT
- 10-KGRNT
- 8-KGRNT
- Q3 2024
- 8-KGRNT
- 10-QGRNT
- 8-KGRNT
- Q2 2024
- 8-KGRNT
- 10-QGRNT
- Q1 2024
- 8-KGRNT
- 10-QGRNT
Earnings releases
10 documentsPresentations
0 documentsNo presentations for Granite Ridge Resources, Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Granite Ridge Resources, Inc. are held in this edition of the library.
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