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Granite Ridge Resources reports Q2 adjusted EPS 11c, consensus 13c

Reports Q2 revenue $109.22M, consensus $108.12M. Tyler Farquharson, President and CEO of Granite Ridge, commented, “Our quarterly results continue to validate our business model, with production and cash flow again exceeding expectations. We allocate capital to the highest risk-adjusted returns across a diverse portfolio of oil and natural gas assets, driving consistent and attractive full-cycle returns. This compounding effect is accelerating our growth momentum.”

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