---
schema_version: "secwatch.filing_event.v1"
accession: "0001928446-23-000033"
form_type: "8-K"
ticker: "GRNT"
cik: "0001928446"
company_name: "Granite Ridge Resources, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T19:36:40.801392+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Granite Ridge Q2 net income falls 91% to $8.7M; production up 13% to 21,557 Boe/d; raises FY guidance

## Summary
- Net income $8.7M ($0.07/share) vs $93.3M ($0.70/share) in Q2'22; adjusted net income $25.6M ($0.19/share).
- Production up 13% to 21,557 Boe/d (48% oil); capital deployed $63.2M; placed 79 gross wells online.
- Dividend unchanged at $0.11/share; liquidity $109.2M at quarter end.
- Increased 2023 production guidance midpoint to 22,250 Boe/d (13% annual growth); capex raised $5M to $295M.

## SEC filing metadata
- accession: 0001928446-23-000033
- form_type: 8-K
- ticker: GRNT
- cik: 0001928446
- company_name: Granite Ridge Resources, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1928446/000192844623000033/0001928446-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1928446/000192844623000033/grnt-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001928446-23-000033
- JSON: https://secwatch.observer/filing/0001928446-23-000033.json
- Plain text: https://secwatch.observer/filing/0001928446-23-000033.txt

## Key facts
- Earnings Releases
  Granite Ridge Resources, Inc. reported second quarter 2023 results: net income $8.7 million, EPS $0.07 per share. Guidance raised.
  - Period: second quarter 2023
  - Net income: $8.7 million
  - EPS: $0.07 per share
  - Guidance: raised
  - Result: reported results
  source text: Granite Ridge Resources Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the second quarter 2023 and provided an updated outlook for 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1928446/000192844623000033/0001928446-23-000033-index.htm

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