earnings
confidence medium
sentiment negative
materiality 0.70
Granite Ridge posts Q4 net loss of $25.1M; production up 27% to 35,120 Boe/d
Granite Ridge Resources, Inc.
- Q4 net loss $25.1M ($0.19/sh); adjusted net income $1.5M ($0.01/sh).
- Production rose 27% to 35,120 Boe/day (49% oil); oil production up 17%.
- Invested $127.5M capital; placed online 67 gross (10.5 net) wells; $0.11 dividend declared.
- Year-end liquidity $339.5M; Net Debt/Adj. EBITDAX 1.2x; initial 2026 guidance provided.
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