secwatch.observer — SEC 8-K summary
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Issuer:     Granite Ridge Resources, Inc. (GRNT)
CIK:        0001928446
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001928446-24-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Ridge Q2 production up 7% to 23,106 Boe/d; net income $5.1M, adjusted EPS $0.13
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- Production averaged 23,106 Boe/d (47% oil), up 7% YoY; placed 62 gross (9.10 net) wells.
- Net income $5.1M ($0.04 diluted EPS); adjusted net income $17.2M ($0.13 adjusted EPS).
- Adjusted EBITDAX of $68.3M; liquidity of $148.2M at quarter end.
- Acquired 16.4 net future drilling locations for $22.4M (including $5.8M in expected drilling carries).
- Paid $0.11/share quarterly dividend; updated 2024 guidance (no specific figures in release text).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1928446/000192844624000035/0001928446-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1928446/000192844624000035/grnt-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001928446-24-000035

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