secwatch.observer — SEC 8-K summary
======================================

Issuer:     Granite Ridge Resources, Inc. (GRNT)
CIK:        0001928446
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001928446-24-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1928446/000192844624000044/0001928446-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1928446/000192844624000044/grnt-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001928446-24-000044

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