---
schema_version: "secwatch.filing_event.v1"
accession: "0001928446-24-000021"
form_type: "8-K"
ticker: "GRNT"
cik: "0001928446"
company_name: "Granite Ridge Resources, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:15:11.734182+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Granite Ridge Q1 net income $16.2M ($0.12/diluted) vs $36.9M; production +3% to 23,842 Boe/d

## Summary
- Net income $16.2M ($0.12/diluted) down 56% YoY; adjusted net income $15.3M.
- Production 23,842 Boe/d (45% oil), up 3% YoY; 5.07 net wells placed online.
- Adjusted EBITDAX $64.5M; liquidity $123.0M at quarter end.
- Declared dividend of $0.11 per share, unchanged from prior quarter.
- Reaffirmed 2024 guidance; no specific revenue figure disclosed.

## SEC filing metadata
- accession: 0001928446-24-000021
- form_type: 8-K
- ticker: GRNT
- cik: 0001928446
- company_name: Granite Ridge Resources, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1928446/000192844624000021/0001928446-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1928446/000192844624000021/grnt-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001928446-24-000021
- JSON: https://secwatch.observer/filing/0001928446-24-000021.json
- Plain text: https://secwatch.observer/filing/0001928446-24-000021.txt

## Key facts
- Earnings Releases
  Granite Ridge Resources, Inc. reported first quarter of 2024 results: net income $16.2 million, EPS $0.12 per diluted share. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Net income: $16.2 million
  - EPS: $0.12 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today reported financial and operating results for the first quarter of 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1928446/000192844624000021/0001928446-24-000021-index.htm

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