---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-009728"
form_type: "8-K"
ticker: "GRNT"
cik: "0001928446"
company_name: "Granite Ridge Resources, Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:14:08.790516+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Granite Ridge sells Permian assets to Vital Energy; reports preliminary Q4 production of 26 Mboe/d

## Summary
- Closed sale of ~1,658 net acres and 45 gross (9.9 net) wells to Vital Energy on Dec 21, 2023 for stock and convertible preferred.
- Preliminary Q4 2023 total production averaged ~26,000 boe/d; oil averaged ~12,000 bbl/d.
- Year-end 2023 total proved reserves of 53,472 Mboe (27,317 Mbo oil, 156,928 MMcf gas) per NSAI report.
- Repurchased 3.8M shares at avg $6.13 in Q4; $50M buyback program expired Dec 31, 2023.
- Q4 2023 weighted-average basic shares: 132.1M; total debt of $110M, cash $10M at Dec 31, 2023.

## SEC filing metadata
- accession: 0001104659-24-009728
- form_type: 8-K
- ticker: GRNT
- cik: 0001928446
- company_name: Granite Ridge Resources, Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1928446/000110465924009728/0001104659-24-009728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1928446/000110465924009728/tm245028d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-009728
- JSON: https://secwatch.observer/filing/0001104659-24-009728.json
- Plain text: https://secwatch.observer/filing/0001104659-24-009728.txt

## Key facts
- Earnings Releases
  Granite Ridge Resources, Inc. reported preliminary financial results for fourth-quarter 2023.
  - Period: fourth-quarter 2023
  - Result: preliminary results
  source text: Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), issued a press release (i) providing select preliminary financial and operating results for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1928446/000110465924009728/0001104659-24-009728-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.