secwatch.observer — SEC 8-K summary
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Issuer:     Granite Ridge Resources, Inc. (GRNT)
CIK:        0001928446
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001928446-25-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Ridge Q2 net income $25.1M, production up 37% YoY, declares $0.11 dividend
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- Net income $25.1M ($0.19 diluted EPS) vs $5.1M in Q2 2024; adjusted net income $14.0M ($0.11 adjusted EPS).
- Daily production 31,576 Boe/d (51% oil), up 37% from 23,106 Boe/d in prior year.
- Adjusted EBITDAX $75.4M; development capex $77.2M plus $10.1M acquisition capex.
- Declared quarterly dividend $0.11/share, payable Sept 15, 2025 to holders of record Aug 29.
- Net debt to trailing twelve months Adjusted EBITDAX ratio of 0.8x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1928446/000192844625000041/0001928446-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1928446/000192844625000041/grnt-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001928446-25-000041

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