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Granite Ridge Resources (GRNT)
NYSE:GRNT
Earnings Data
Report Date
Nov 06, 2025Before Open (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
0.14Last Year’s EPS
0.14Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a largely positive outlook with significant production increases, raised guidance, and strong financial performance. However, challenges such as declining oil prices, increased operating expenses, and higher general administrative costs were noted. Despite these lowlights, the strategic growth initiatives and financial health indicate a predominantly positive sentiment.Company Guidance
Significant Production Increase
Granite Ridge Resources reported a 37% year-over-year increase in production to 31,576 barrels of oil equivalent per day, with a 46% rise in oil production and a 28% rise in natural gas production.
Raised Production and CapEx Guidance
The company raised its full year production guidance by 10% at the midpoint to between 31,000 and 33,000 barrels of oil equivalent per day and increased its capital expenditure guidance to an all-in range of $400 million to $420 million.
Strong Financial Performance
Granite Ridge reported a total oil and gas sales revenue of $109.2 million, a 20% increase compared to Q2 2024, and a net income for the quarter of $25.1 million, or $0.19 per share.
Increased Operational Capacity
The company reported securing 3 additional years of inventory at an attractive entry cost of $1.7 million per location, with plans to deploy $120 million in acquisition capital adding 74 net locations.
GRNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GRNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 07, 2025 | $4.78 | $5.13 | +7.32% |
May 08, 2025 | $4.92 | $4.98 | +1.22% |
Mar 06, 2025 | $5.09 | $5.15 | +1.18% |
Nov 07, 2024 | $5.89 | $6.04 | +2.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Granite Ridge Resources (GRNT) report earnings?
Granite Ridge Resources (GRNT) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).
What is Granite Ridge Resources (GRNT) earnings time?
Granite Ridge Resources (GRNT) earnings time is at Nov 06, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GRNT EPS forecast?
GRNT EPS forecast for the fiscal quarter 2025 (Q3) is 0.14.