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Granite Ridge Resources, Inc. (GRNT)
: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 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Granite Ridge Resources demonstrated strong operational performance with significant production and revenue growth, strategic acquisitions, and a robust financial position. However, challenges such as decreased oil prices and increased operating expenses were also present. Overall, the highlights outweigh the lowlights, leading to a positive outlook.Company Guidance -
Q3 2025
Significant Production Increase
Granite Ridge Resources reported a 37% year-over-year increase in production, reaching 31,576 barrels of oil equivalent per day, with oil production up 46% and natural gas production up 28%.
Increased Revenue and Cash Flow
Total oil and gas sales revenue increased by 20% compared to Q2 2024, driven by higher production levels. Operating cash flow before working capital changes was $69.5 million.
Raised Production and Capital Expenditure Guidance
The company increased its full-year production guidance by 10% at the midpoint to between 31,000 and 33,000 barrels of oil equivalent per day and raised capital expenditure guidance to $400 million to $420 million.
Strong Partnership and Acquisition Strategy
Granite Ridge has partnered with top-tier operators and made significant acquisitions in the Permian and Appalachian basins, adding high-quality inventory to their portfolio.
Robust Financial Position
The company has a strong balance sheet with a leverage ratio of 0.8x net debt to adjusted EBITDA and increased their borrowing base to $375 million.
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 | $4.88 | $5.23 | +7.17% |
May 08, 2025 | $5.01 | $5.08 | +1.40% |
Mar 06, 2025 | $5.19 | $5.25 | +1.16% |
Nov 07, 2024 | $6.00 | $6.16 | +2.67% |
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, Inc. (GRNT) report earnings?
Granite Ridge Resources, Inc. (GRNT) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).
What is Granite Ridge Resources, Inc. (GRNT) earnings time?
Granite Ridge Resources, Inc. (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.