News
GRNT
6.29
-3.53%
-0.23
Weekly Report: what happened at GRNT last week (0422-0426)?
Weekly Report · 2d ago
Granite Ridge Resources Price Target Announced at $8.00/Share by Evercore ISI Group
Dow Jones · 2d ago
Granite Ridge Resources Initiated at In-Line by Evercore ISI Group
Dow Jones · 2d ago
Evercore ISI Group Initiates Coverage On Granite Ridge Resources with In-Line Rating, Announces Price Target of $8
Benzinga · 2d ago
Granite Ridge Resources: Hold Rating with an $8 Target Amidst Market Uncertainties and A&D Reliance
TipRanks · 5d ago
Granite Ridge Resources Breaks Below 200-Day Moving Average - Notable for GRNT
NASDAQ · 6d ago
Weekly Report: what happened at GRNT last week (0415-0419)?
Weekly Report · 04/22 09:17
Weekly Report: what happened at GRNT last week (0408-0412)?
Weekly Report · 04/15 09:16
Press Release: Granite Ridge Resources Schedules First Quarter 2024 Earnings Conference Call
Granite Ridge Resources will report financial and operating results for the first quarter of 2024 on Thursday, May 9, 2024. The Company will host a webcast and conference call on Friday, May 10, 2024, to discuss its first quarter 2024 results. The company is a scaled, non-operated oil and gas exploration and production company.
Dow Jones · 04/12 12:00
Weekly Report: what happened at GRNT last week (0401-0405)?
Weekly Report · 04/08 09:17
Granite Ridge Resources: Balancing Production Growth With Increasing Debt
Granite Ridge Resources is projected to generate $16 million in free cash flow in 2024 before dividends. The company sold some Permian Basin assets to Vital Energy in December 2023. Granite Ridge has around 43% of its 2024 production hedged, but this drops to 12% in 2025. Its base decline rate is in the low-40s percent, but should moderate as production growth slows.
Seeking Alpha · 04/05 02:17
Granite Ridge Resources Bolsters Financial Standing with Credit Enhancements
TipRanks · 04/04 20:33
Granite Ridge Resources announces expansion of revolving credit facility
Energy Granite Ridge Resources announces expansion of revolving credit facility. The amendment increased the borrowing base from $275M to $300M. The next regularly scheduled bank redetermination for GRNT is scheduled to occur in the fall of 2024. GRNT shares rose 0.7% in pre-market trading.
Seeking Alpha · 04/04 20:18
GRANITE RIDGE RESOURCES INC - RAISED AGGREGATE ELECTED COMMITMENTS BY 25% TO $300 MLN
Reuters · 04/04 20:05
Weekly Report: what happened at GRNT last week (0325-0329)?
Weekly Report · 04/01 09:16
Weekly Report: what happened at GRNT last week (0318-0322)?
Weekly Report · 03/25 09:16
68 Graham Value Stocks, 57 Fit To Buy In March
Ben Graham Formula strategy selects stable stocks with strong earnings and dividends based on Graham's book "The Intelligent Investor" 57 out of 68 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share. Petrobras now leads the top-ten All-star-Value field by 14.35% yield. 11 of the 68 are too pricey for this list of 68 Ben Graham Value stocks.
Seeking Alpha · 03/18 11:38
Weekly Report: what happened at GRNT last week (0311-0315)?
Weekly Report · 03/18 09:16
Granite Ridge Resources' (NYSE:GRNT) Soft Earnings Are Actually Better Than They Appear
Granite Ridge Resources, Inc.'s shares didn't move much after it posted weak earnings recently. The company reported a profit of US$80.9m but free cash flow was only US$56m in the last year. Its profit suffered from unusual items, which reduced its statutory profit by US$26m. Its accrual ratio suggests the company's earnings are not backed by free cashflow. However, our analysis suggests the foundations of the business are strong.
Simply Wall St · 03/15 11:28
Granite Ridge Resources Full Year 2023 Earnings: EPS Misses Expectations
Granite Ridge Resources missed analyst estimates by 10%. Revenue was in line with analyst estimates. The company's share price is broadly unchanged from a week ago. Revenue is forecast to grow 10% p.a. On average during the next 2 years. The oil and natural gas company is expected to be profitable in 2023.
Simply Wall St · 03/13 10:57
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About GRNT
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.