Latest news with #GraniteRidgeResources
Globe and Mail
09-07-2025
- Business
- Globe and Mail
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
Granite Ridge Resources, Inc. ('Granite Ridge') (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim 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. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. For more information, visit Granite Ridge's website at
Yahoo
09-07-2025
- Business
- Yahoo
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
DALLAS, July 09, 2025--(BUSINESS WIRE)--Granite Ridge Resources, Inc. ("Granite Ridge") (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. Webcast: We encourage participants to pre-register for the webcast using the following link: Alternatively, a link to the webcast can be found on the Company's investor relations website. Telephone: Toll-free dial in number (888) 660-6093 Conference ID 4127559 An audio replay will be available through August 22, 2025. To access the audio replay dial (800) 770-2030 and enter conference ID 4127559. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim 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. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. For more information, visit Granite Ridge's website at View source version on Contacts Investor and Media Contact: IR@ – (214) 396-2850 Sign in to access your portfolio
Business Wire
09-07-2025
- Business
- Business Wire
Granite Ridge Resources Schedules Second Quarter 2025 Earnings Conference Call
DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. ('Granite Ridge') (NYSE: GRNT) today announced that it will report financial and operating results for the second quarter of 2025 on Thursday, August 7, 2025, after the close of trading on the New York Stock Exchange. Granite Ridge will host a webcast and conference call on Friday, August 8, 2025, at 10:00 a.m. central time to discuss its second quarter 2025 financial and operating results. Instructions on how to access the webcast and conference call are shown below. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim 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. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. For more information, visit Granite Ridge's website at
Yahoo
28-06-2025
- Business
- Yahoo
Granite Ridge Resources (GRNT) Gains Amid Reports of Insider Buying
The share price of Granite Ridge Resources, Inc. (NYSE:GRNT) surged by 10.82% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A drilling rig pumping away in the Bakken Formation in the backdrop of a Texas prairie. Granite Ridge Resources, Inc. (NYSE:GRNT) is a scaled, non-operated oil and gas exploration and production company with a diverse portfolio of wells and top-tier acreage. Granite Ridge Resources, Inc. (NYSE:GRNT) received a boost this week following reports that its director, Matthew Reade Miller, recently acquired 17,000 shares of the company's stock. The transaction amounted to a total value of approximately $101,660 and indicated a strong vote of confidence in the company's future for outside investors. Granite Ridge Resources, Inc. (NYSE:GRNT) also recently underwent a significant leadership change, with Tyler Farquharson replacing Luke Brandenberg as the company's CEO. However, the energy firm reaffirmed its 2025 operational and financial guidance, indicating that the transition is not related to performance. While we acknowledge the potential of GRNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Inicia sesión para acceder a tu cartera de valores
Yahoo
23-05-2025
- Business
- Yahoo
Granite Ridge Resources' (NYSE:GRNT) Dividend Will Be $0.11
Granite Ridge Resources, Inc. (NYSE:GRNT) will pay a dividend of $0.11 on the 13th of June. The dividend yield will be 8.0% based on this payment which is still above the industry average. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If the payments aren't sustainable, a high yield for a few years won't matter that much. Based on the last payment, earnings were actually smaller than the dividend, and the company was actually spending more cash than it was making. Paying out such a large dividend compared to earnings while also not generating free cash flows is a major warning sign for the sustainability of the dividend as these levels are certainly a bit high. Earnings per share is forecast to rise exponentially over the next year. If the dividend continues along recent trends, we estimate the payout ratio could reach 81%, which is on the higher side, but certainly feasible. View our latest analysis for Granite Ridge Resources The dividend hasn't seen any major cuts in the past, but the company has only been paying a dividend for 3 years, which isn't that long in the grand scheme of things. The annual payment during the last 3 years was $0.32 in 2022, and the most recent fiscal year payment was $0.44. This implies that the company grew its distributions at a yearly rate of about 11% over that duration. The dividend has been growing rapidly, however with such a short payment history we can't know for sure if payment can continue to grow over the long term, so caution may be warranted. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. However, initial appearances might be deceiving. Over the past five years, it looks as though Granite Ridge Resources' EPS has declined at around 19% a year. Dividend payments are likely to come under some pressure unless EPS can pull out of the nosedive it is in. However, the next year is actually looking up, with earnings set to rise. We would just wait until it becomes a pattern before getting too excited. Overall, while some might be pleased that the dividend wasn't cut, we think this may help Granite Ridge Resources make more consistent payments in the future. The company's earnings aren't high enough to be making such big distributions, and it isn't backed up by strong growth or consistency either. Considering all of these factors, we wouldn't rely on this dividend if we wanted to live on the income. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. To that end, Granite Ridge Resources has 3 warning signs (and 1 which is a bit concerning) we think you should know about. Is Granite Ridge Resources not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
