Tyler Farquharson
On June 12, 2025, Tyler Farquharson was promoted to President and Chief Executive Officer of the Company
Highest-materiality recent filing
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 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 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 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 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 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.
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 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 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 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