Highest-materiality recent filing
Granite Ridge shareholders approve 2.5M share increase to incentive plan, elect directors
Shareholders approved amendment to 2022 Omnibus Incentive Plan, increasing authorized shares by 2.5M to 9M and extending term to Oct 24, 2034.
Granite Ridge posts Q1 net loss $47M, production up 18% to 34,467 Boe/d
Net loss $47.0M ($0.36 loss per share) vs net income $9.8M in Q1 2025.
Granite Ridge posts Q4 net loss of $25.1M; production up 27% to 35,120 Boe/d
Q4 net loss $25.1M ($0.19/sh); adjusted net income $1.5M ($0.01/sh).
Granite Ridge Resources appoints Kyle Kettler as CFO effective Feb 9, 2026
Kettler succeeds Kim Weimer, who remains Chief Accounting Officer.
Granite Ridge extends management agreement to 2031, increases annual fee to $11.75M
Amendment extends Management Services Agreement term to April 30, 2031 (from April 30, 2028).
Granite Ridge Q3 net income $14.5M, production +27%; $350M notes issued at 8.875%
Q3 2025 net income $14.5M ($0.11 diluted EPS) vs $9.1M ($0.07) in Q3 2024; adjusted EPS $0.09.
Granite Ridge Q2 net income $25.1M, production up 37% YoY, declares $0.11 dividend
Net income $25.1M ($0.19 diluted EPS) vs $5.1M in Q2 2024; adjusted net income $14.0M ($0.11 adjusted EPS).
Granite Ridge CEO Brandenberg steps down; CFO Farquharson named CEO, guidance reaffirmed
Luke Brandenberg stepped down as President and CEO effective June 11, 2025.
Granite Ridge Resources stockholders elect two directors, ratify auditor at annual meeting
Griffin Perry and Amanda Coussens elected as Class III directors; Perry got 90.1M for, 15.8M withheld; Coussens 104.8M for, 1.97M withheld.
Granite Ridge Q1 production up 23% to 29,245 Boe/d; net income $9.8M; declares $0.11 dividend
Daily production 29,245 Boe/d (50% oil), up 23% YoY from 23,842 Boe/d.
Granite Ridge Resources increases borrowing base by $50M to $375M via Fifth Amendment
Borrowing base raised from $325M to $375M under existing credit agreement.
Granite Ridge Q4 production up 7% to 27,734 Boe/d; Adj net income $0.17/share
Q4 2024 production 27,734 Boe/d (+7% total, +20% oil); placed 86 gross (4.08 net) wells.
Granite Ridge posts investor presentation with no material new disclosures
Company published an Investor Presentation on its website on January 29, 2025.
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.
Granite Ridge Resources increases borrowing base from $300M to $325M
Borrowing base increased by $25M to $325M under Fourth Amendment to Credit Agreement.
Granite Ridge Q2 production up 7% to 23,106 Boe/d; net income $5.1M, adjusted EPS $0.13
Production averaged 23,106 Boe/d (47% oil), up 7% YoY; placed 62 gross (9.10 net) wells.
Granite Ridge shareholders elect Miller and McCartney as Class II directors
Annual meeting held May 24, 2024; 130.7M shares outstanding, 103.1M represented.
Granite Ridge Q1 net income $16.2M ($0.12/diluted) vs $36.9M; production +3% to 23,842 Boe/d
Net income $16.2M ($0.12/diluted) down 56% YoY; adjusted net income $15.3M.
Granite Ridge boosts credit facility borrowing base to $300M, adds 9 new banks
Borrowing base increased 9% from $275M to $300M; elected commitments raised 25% to $300M.
Q4 production 26,034 Boe/d (+18% YoY, 47% oil); net income $17.5M ($0.13/sh); adjusted net income $26.4M ($0.20/sh).
Granite Ridge sells Permian assets to Vital Energy; reports preliminary Q4 production of 26 Mboe/d
Closed sale of ~1,658 net acres and 45 gross (9.9 net) wells to Vital Energy on Dec 21, 2023 for stock and convertible preferred.
Granite Ridge Resources appoints Kimberly Weimer as Chief Accounting Officer
Kimberly Weimer appointed as CAO effective January 1, 2024; reports to CFO Tyler Farquharson.
Granite Ridge Q3 net income $18M ($0.13/sh), production up 20% YoY, updates 2023 guidance
Q3 net income $18.0M ($0.13/sh) vs $80.0M ($0.60/sh) prior year; adjusted net income $27.7M ($0.21/sh).
Granite Ridge CAO Zoran Durkovic resigns, effective Dec 31, 2023
Zoran Durkovic notified his resignation as Chief Accounting Officer on Oct 19, 2023.
Granite Ridge Resources prices secondary offering of 7.1M shares at $5.00; no proceeds to company
Selling stockholders (Grey Rock funds) offer 7,100,000 shares of common stock at $5.00/share.
Granite Ridge announces secondary offering of 7.1M shares by Grey Rock Energy funds
Secondary offering of 7,100,000 common shares by funds managed by Grey Rock Energy Management, LLC.
Granite Ridge Resources becomes controlled company after Grey Rock voting agreement
Grey Rock Fund III distributed ~31.65M shares, reducing ownership from ~71% to ~47%.
Net income $8.7M ($0.07/share) vs $93.3M ($0.70/share) in Q2'22; adjusted net income $25.6M ($0.19/share).
Granite Ridge closes warrant exchange, issues 2.47M shares; sets post-offer exchange for July 5
Issued 2,471,738 shares of common stock in exchange for warrants tendered in the offer.
Granite Ridge completes warrant exchange; 95.5% tendered, warrants to be delisted
9,887,035 warrants (95.5% of outstanding) validly tendered for 0.250 shares of common each.
Granite Ridge shareholders elect three Class I directors, ratify FORVIS as auditor
Shareholders elected Thaddeus Darden, Michele J. Everard, and Kirk Lazarine as Class I directors with over 122M votes each.
Granite Ridge launches warrant exchange: 0.25 shares per warrant, 51.3% support
Exchange offer: 0.250 common shares per warrant tendered; max 2.59M new shares (~2% dilution).
Granite Ridge Q1 2023 net income $36.9M, raises 2023 production guidance
Q1 production 23,167 Boe/d (+46% YoY); revenue $91.3M ex-hedges; Adj. EBITDAX $70.7M.
Granite Ridge Q1 net income $36.9M, production up 46% to 23,167 Boe/d; raises 2023 guidance
Net income $36.9M ($0.28 per share) vs $32.4M ($0.24) a year ago; adjusted net income $27.4M ($0.21 per share).
Granite Ridge Resources Q4 production up 45% YoY, reports net income $56.7M; 2023 dividend $0.11/sh
Q4 production 22,031 Boe/d (52% oil), up 45% YoY.
Granite Ridge Resources restates Q3 2022 financials; depletion overstated by $14.1M
Audit committee concluded unaudited Q3 2022 financials should no longer be relied upon due to errors.
Granite Ridge Resources announces $50M stock repurchase program and lock-up waiver for 23.6M shares
Stock repurchase program authorizes up to $50M in open market or private transactions through Dec 31, 2023.
Granite Ridge Q3 pro forma net income $66M; declares initial $0.08 dividend
Pro forma net income $66M, adjusted $48M; Adj EBITDA $99M; free cash flow $25M.
Granite Ridge completes de-SPAC with ENPC, lists on NYSE as GRNT
Closed October 24, 2022; issued 130M shares to GREP members; $396.1M redeemed at ~$10.07/share.
On June 12, 2025, Tyler Farquharson was promoted to President and Chief Executive Officer of the Company
On June 11, 2025, Luke Brandenberg stepped down from his role as President and Chief Executive Officer of Granite Ridge Resources, Inc.
Kim Weimer was promoted to Interim Chief Financial Officer and Chief Accounting Officer.
Effective January 1, 2024, the Board of Directors of Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), appointed Kimberly Weimer to the position of Chief Accounting Officer of the Company, the Company’s principal accounting officer.
On October 19, 2023, Zoran Durkovic notified Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), of his resignation from his position as Chief Accounting Officer of the Company.
Max materiality 0.85 · Median 0.65 · Most common event earnings