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.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Granite Ridge Resources, Inc. reported the fourth quarter 2025 results: net income net loss of $25.1 million, EPS $(0.19) per share. Guidance initiated.

Period: the fourth quarter 2025
Net income: net loss of $25.1 million
EPS: $(0.19) per share
Guidance: initiated
Result: reported results

Exact text from the filing

Granite Ridge Resources, Inc. (NYSE: GRNT) (“Granite Ridge” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2025 and provided initial guidance for 2026. Fourth Quarter 2025 Highlights • Increased total production by 27% to 35,120 Boe/day (49% oil) including a 17% increase in oil production • Reported net loss of $25.1 million, or $(0.19) per share, and Adjusted Net Income (non-GAAP) of $1.5 million, or $0.01 Adjusted Earnings Per Diluted Share (non-GAAP) • Generated Adjusted EBITDAX (non-GAAP) of $69.5 million • Invested $127.5 million of capital, placing online 67 gross (10.50 net) wells • Declared a dividend of $0.11 per share • Ended the year with total liquidity of $339.5 million and Net Debt to Adjusted EBITDAX of 1.2x

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Source: SEC EDGAR

accession 0001928446-26-000005

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