GRNT news

Granite Ridge Resources reported record Adjusted EBITDAX for Q3 2026 but posted a net loss, while declaring a $0.11 per share dividend on Dec 14 and authorizing a $35 million share repurchase program.

Granite Ridge reported Q2 2026 results, growing production and dividends while reporting net income of $30.0 million. The company intends to reach a free cash flow inflection in 2027 regardless of the commodity price environment.

Granite Ridge Resources filed an amended and restated 2022 omnibus incentive plan to provide equity compensation opportunities to directors, officers, employees, consultants and advisors. The plan aims to enhance employee retention and attract talent while aligning incentives with shareholder value …