secwatch.observer — SEC 8-K summary
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Issuer:     Granite Ridge Resources, Inc. (GRNT)
CIK:        0001928446
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001928446-25-000046
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 Q3 net income $14.5M, production +27%; $350M notes issued at 8.875%
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- Q3 2025 net income $14.5M ($0.11 diluted EPS) vs $9.1M ($0.07) in Q3 2024; adjusted EPS $0.09.
- Daily production 31,925 Boe/d (51% oil), up 27% YoY; development capex $64M, placed 9.3 net wells.
- Adjusted EBITDAX $78.6M; Net Debt/TTM Adjusted EBITDAX 0.9x.
- Declared regular quarterly dividend $0.11/share payable 12/15/2025 to record holders 11/28/2025.
- Issued $350M 8.875% senior unsecured notes due 2029 at 96% of par to repay credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1928446/000192844625000046/0001928446-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1928446/000192844625000046/grnt-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001928446-25-000046

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