---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-004732"
form_type: "8-K"
ticker: "GRNT"
cik: "0001928446"
company_name: "Granite Ridge Resources, Inc."
filed_at: "2023-03-27T23:59:59+00:00"
generated_at: "2026-06-17T15:43:16.184636+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Granite Ridge Resources Q4 production up 45% YoY, reports net income $56.7M; 2023 dividend $0.11/sh

## Summary
- Q4 production 22,031 Boe/d (52% oil), up 45% YoY.
- Net income $56.7M ($0.43/sh); adjusted net income $50.7M ($0.38/sh).
- Adjusted EBITDAX $83.2M; liquidity $200.8M including $50.8M cash at year-end.
- 2023 quarterly dividend $0.11/sh; capex $260-$270M includes $46M acquisitions.
- Expecting 9% production growth in 2023 vs 2022 via 18-20 net new wells.

## SEC filing metadata
- accession: 0001558370-23-004732
- form_type: 8-K
- ticker: GRNT
- cik: 0001928446
- company_name: Granite Ridge Resources, Inc.
- filed_at: 2023-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1928446/000155837023004732/0001558370-23-004732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1928446/000155837023004732/grnt-20230327x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-004732
- JSON: https://secwatch.observer/filing/0001558370-23-004732.json
- Plain text: https://secwatch.observer/filing/0001558370-23-004732.txt

## Key facts
- Earnings Releases
  Granite Ridge Resources, Inc. updated its 2023 guidance (initiated).
  - Period: 2023
  - Guidance: initiated
  - Result: guidance update
  source text: 2023 Outlook ● Anticipate paying a quarterly dividend of $0.11 per share for each quarter of 2023. ● Planning $260 million to $270 million of capital expenditures, including $46 million of identified acquisitions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1928446/000155837023004732/0001558370-23-004732-index.htm
- Earnings Releases
  Granite Ridge Resources, Inc. reported Fourth Quarter 2022 results: net income $56.7 million, EPS $0.43 per share.
  - Period: Fourth Quarter 2022
  - Net income: $56.7 million
  - EPS: $0.43 per share
  - Result: reported results
  source text: ● Reported net income of $56.7 million, or $0.43 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1928446/000155837023004732/0001558370-23-004732-index.htm

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