Granite Ridge Resources, Inc. (GRNT) Q2 Earnings Miss Estimates

Group 1 - Granite Ridge Resources, Inc. reported quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.13 per share, and down from $0.13 per share a year ago, representing an earnings surprise of -15.38% [1] - The company posted revenues of $109.22 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.87%, and up from $90.65 million year-over-year [2] - Granite Ridge Resources, Inc. shares have lost about 24.3% since the beginning of the year, while the S&P 500 has gained 7.9% [3] Group 2 - The earnings outlook for Granite Ridge Resources, Inc. is uncertain, with current consensus EPS estimates at $0.14 for the coming quarter and $0.68 for the current fiscal year, with revenues expected to be $105.7 million and $449.98 million respectively [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - United States is currently in the bottom 28% of over 250 Zacks industries, indicating potential challenges for the sector [8]