Granite Ridge Resources

GRNT

Market cap $661M

Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript

Granite Ridge's lease operating expenses per BOE increased by 24% quarter-over-quarter, or 15% after excluding non-recurring charges. Much of the increase was driven by higher Permian saltwater disposal costs. Granite Ridge does expect its lease operating expenses to trend lower later in 2026.

Crude oil is back in the headlines for the same reason it usually is: geopolitics.

Granite Ridge Resources NYSE: GRNT reported higher first-quarter 2026 production and revenue, while management said elevated lease operating expenses and weak Permian Basin natural gas pricing weighed on results.

Granite Ridge Resources, Inc. (GRNT) Q1 2026 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--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 t.

Granite Ridge Resources, Inc. (GRNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

DALLAS--(BUSINESS WIRE)--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:.

From a technical perspective, Granite Ridge Resources, Inc. (GRNT) is looking like an interesting pick, as it just reached a key level of support. GRNT's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

What's better than getting to buy 6.6%-11% yields at discounted prices?