Granite Ridge Resources(US:GRNT) Businesswire·2025-10-07 20:28Core Insights - Granite Ridge Resources, Inc. will report its third quarter 2025 financial and operating results on November 6, 2025, after market close, followed by a conference call on November 7, 2025 [1][2] Financial Performance - In the second quarter of 2025, Granite Ridge achieved a 37% increase in daily production, reaching 31,576 barrels of oil equivalent (Boe) per day, with 51% being oil, compared to 23,106 Boe per day in the second quarter of 2024 [5] - The company reported a net income of $25.1 million, or $0.19 per diluted share, for the second quarter of 2025, a significant increase from $5.1 million, or $0.04 per diluted share, in the same period last year [5] Company Overview - Granite Ridge is a scaled energy company focused on providing shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets, owning assets in six prolific unconventional basins across the United States [3] - The company aims to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded deals developed by proven public and private operators, focusing on total shareholder returns while maintaining a low leverage profile [3]