secwatch.observer — SEC 8-K summary
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Issuer:     Granite Ridge Resources, Inc. (GRNT)
CIK:        0001928446
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001558370-23-004732
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1928446/000155837023004732/0001558370-23-004732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1928446/000155837023004732/grnt-20230327x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-004732

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer