Granite Ridge reports Q3 net income $9.1M ($0.07 EPS); declares $0.11 dividend

Granite Ridge Resources, Inc.

2024-Q3 EPS reported $0.23 revenue$273,723,000

Production 25,177 Boe/d (50% oil); Adjusted EBITDAX $75.4M.
Net income $9.1M ($0.07 diluted EPS); adjusted net income $18.5M ($0.14 adj EPS).
Closed acquisitions adding 15.9 net future locations for $30.9M total cost.
Paid $0.11/share dividend in Q3; declared new quarterly cash dividend (same rate).
Placed 93 gross (5.18 net) wells online; liquidity $127.8M at quarter end.

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