zhengzaishuru Granite Ridge Resources (NYSE:GRNT) appears capable of delivering a modest amount of free cash flow in 2024 before dividends. If it maintains its quarterly dividend at $0.11 per share, its net debt is projected to increase by $41 million during the year. This appears manageable for now, although Granite Ridge's dividend is at risk of being cut if commodity prices drop significantly. Granite Ridge has around 43% of its 2024 production hedged, but this drops to around 12% for 2025 at the mom ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-41537 ___________________________________ GRANITE RIDGE RESOURCES, INC. ( Exact Name of Registrant as Specifie ...

FORM 10-Q Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-41537 GRANITE RIDGE RESOURCES, INC. ( Exact Name of Registrant as Specified in Its Charter ) ________ ...

Financial Data and Key Metrics Changes - The company reported net income of $0.07 per diluted share and adjusted net income of $0.19 per diluted share for the second quarter [25] - Average daily production for the quarter was 21,500 BOE per day, reflecting a 13% increase year-over-year but a 7% decrease quarter-over-quarter [25] - The company increased the low-end of its 2023 production guidance by 500 barrels of oil equivalent per day, raising the midpoint to 22,250 BOE per day, which represents a 13% increase over 2022 [11][19] Business Line Data and Key Metrics Changes - The company completed and placed on production a total of 79 gross, 5.5 net wells, with 90% of that activity occurring in the DJ and Permian basins [26] - The company anticipates placing 19 to 21 net wells on production for the full year, which remains unchanged [26] Market Data and Key Metrics Changes - The company has screened and/or evaluated over 400 deals year-to-date, representing over $10 billion of potential capital opportunities [8] - The company has repurchased a total of 960,000 shares at a cost of $6 million as part of its stock buyback plan [28] Company Strategy and Development Direction - The company is focusing on strategic partnerships to mitigate concentration risk while aiming for higher expected returns [9] - The company is targeting reinvesting nearly all of its free cash flow, aiming for high-single digits to low-double digit year-over-year production growth [35][71] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the second half of 2023, expecting production growth due to stronger well performance in the Haynesville and Permian [11][25] - The company noted that the competitive landscape has intensified, making it challenging to secure deals, but they are seeing an increase in deal flow since going public [73] Other Important Information - The company declared a quarterly cash dividend of $0.11 per share, representing an approximate 6.1% dividend yield [28] - The company ended the second quarter with $55 million drawn on its revolving credit facility, with total liquidity of $109 million [29] Q&A Session Summary Question: Inquiry about M&A and strategic partnerships - Management indicated a preference for smaller, one-off deals rather than larger banker marketing processes, and they are exploring opportunities with private equity firms [33][34] Question: Production growth expectations for 2024 - Management anticipates a high-single digit to low-double digit year-over-year production growth, with a focus on reinvesting free cash flow [35] Question: Dividend policy and future increases - Management has not had significant discussions about increasing the dividend, focusing instead on deal flow and capital allocation [46][72] Question: Impact of commodity prices on deal flow - Management noted that optimism about prices in the first half may have led to increased deal activity, and they are investing based on strip pricing [65][66] Question: Visibility into operators' plans for 2024 - Management stated they have good visibility for about nine months, with some uncertainty beyond that due to the adaptability of operators [78]

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-41537 Table of Contents GRANITE RIDGE RESOURCES, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ( Exact Name of Registrant as Specified in Its Charter ) _______________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-41537 GRANITE RIDGE RESOURCES, INC. ( Exact Name of Registrant as Specified in Its Charter ) ____________ ...

Granite Ridge Resources, Inc. (NYSE:GRNT) Q4 2022 Earnings Conference Call March 28, 2023 11:00 AM ET Company Participants Wes Harris - Investor Relations Luke Brandenberg - President and Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Phillips Johnston - Capital One Securities, Inc. Jeff Grampp - Alliance Global Partners Operator Good morning, and welcome, everyone to Granite Ridge Resources Fourth Quarter and Full-Year 2022 Earnings Conference Call. At this ...

INVESTOR PRESENTATION | MARCH 2023 FY'22 RESULTS & FY'23 GUIDANCE 1. $0.08 per common share or $0.11 per common share for the full fourth quarter, prorated to the 10/24/2022 effective date of our business combination. 2. Non-GAAP financial measure, which is defined and reconciled in the Appendix. Results & Guidance Executive Summary Strategy & Execution Appendix 4 1 2 Key Investment Highlights • Conservative leverage – no debt outstanding at 12/31/2022 • Control of capital – elect to participate in drilling ...

Table of Contents ( Exact Name of Registrant as Specified in Its Charter ) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-41537 GRANITE RIDGE RESOURCES, INC. Delaware (State o ...

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on January 10, 2023 Registration No. 333-268478 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Granite Ridge Resources, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation or Organization) 1311 (Primary Standard Industrial Classification Code Number) 88-2227812 (I.R.S. ...