Granite Ridge earlier reaffirmed its operational and financial guidance for 2025. The company said that the CEO leadership transition is unrelated to the company’s performance or operations. Granite Ridge previously forecast FY25 production 28K-30K boe/d and FY25 CapEx $300M-$320M.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GRNT:
- Granite Ridge Resources Announces New CEO Appointment
- Granite Ridge CEO Luke Brandenberg steps down, Tyler Farquharson succeeds
- Granite Ridge Resources Elects New Directors at Annual Meeting
- Granite Ridge Resources price target raised to $5.50 from $5 at BofA
- Granite Ridge Resources Reports Strong Q1 2025 Results
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue