Granite Ridge Resources, Inc.

Equities

GRNT

US3874321074

Oil & Gas Exploration and Production

End-of-day quote Nyse 06:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
6.42 USD -4.32% Intraday chart for Granite Ridge Resources, Inc. -6.14% +6.64%

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Granite Ridge Resources Amends Credit Facility to $300 Million MT
Granite Ridge Resources, Inc. Announces Expansion of Revolving Credit Facility CI
Transcript : Granite Ridge Resources, Inc. - Special Call
Transcript : Granite Ridge Resources, Inc., Q4 2023 Earnings Call, Mar 08, 2024
Granite Ridge Resources Q4 Adjusted Net Income, Sales Fall; Shares Rise After Hours MT
Earnings Flash (GRNT) GRANITE RIDGE RESOURCES Posts Q4 Revenue $106.8M, vs. Street Est of $105.3M MT
Granite Ridge Resources, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 CI
Granite Ridge Resources, Inc. Reports Unaudited Consolidated Impairments of Long-Lived Assets for the Fourth Quarter Ended December 31, 2023 CI
Granite Ridge Resources, Inc. Reports Production Results for the Fourth Quarter and Full-Year Ended December 31, 2023 CI
Granite Ridge Resources, Inc. Provides Production Guidance for the Year 2024 CI
Tranche Update on Granite Ridge Resources, Inc.'s Equity Buyback Plan announced on December 15, 2022. CI
Vital Energy, Inc. acquired Granite Ridge Permian Basin Assets for $56.3 million. CI
BofA Securities Lowers Granite Ridge Resources' PT to $7 From $9, Keeps Buy Rating; Sees Perpetual Backwardation as New Normal, Expects Oil to Remain Volatile MT
Granite Ridge Resources, Inc. Appoints Kimberly Weimer as Chief Accounting Officer and Principal Accounting Officer CI
Granite Ridge Resources, Inc.'s Equity Buyback announced on December 15, 2022 has expired with 5,628,231 shares, representing 4.2% for $35.65 million. CI
Certain Common Stock of Granite Ridge Resources, Inc. are subject to a Lock-Up Agreement Ending on 12-DEC-2023. CI
Transcript : Granite Ridge Resources, Inc., Q3 2023 Earnings Call, Nov 10, 2023
Earnings Flash (GRNT) GRANITE RIDGE RESOURCES Reports Q3 Revenue $108.4M MT
Earnings Flash (GRNT) GRANITE RIDGE RESOURCES Posts Q3 EPS $0.21 MT
Granite Ridge Resources, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Tranche Update on Granite Ridge Resources, Inc.'s Equity Buyback Plan announced on December 15, 2022. CI
Granite Ridge Resources, Inc. Enters into First Amendment to Company's Existing Credit Agreement CI
BofA Securities Initiates Granite Ridge Resources at Buy Rating With $9 Price Target MT
Granite Ridge Resources, Inc. Announces Resignation of Zoran Durkovic as Chief Accounting Officer, Effective from December 31, 2023 CI
Stephens Initiates Granite Ridge Resources With Overweight Rating, $8 Price Target MT
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Granite Ridge Resources, Inc. is an oil and gas exploration and production company. It owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. It holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. It owns an interest in approximately 2,826 gross (176.50 net) producing wells, 309,472. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Williston Basin stretches through North Dakota, the northwest part of South Dakota, and eastern Montana. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado.
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Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.63 USD
Average target price
8.5 USD
Spread / Average Target
+28.21%
Consensus
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  5. Granite Ridge Resources Q4 Adjusted Net Income, Sales Fall; Shares Rise After Hours