Summary
Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript
Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript
Granite Ridge Resources Q1 Earnings Call Highlights
Granite Ridge Resources NYSE: GRNT reported higher first-quarter 2026 production and revenue, while management said elevated lease operating expenses and weak Permian Basin natural gas pricing weighed on results.
Granite Ridge Resources, Inc. (GRNT) Q1 2026 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q1 2026 Earnings Call Transcript
Granite Ridge Resources Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 383 | $2,244.3 | $1,744.56 | -$499.74 | -22.27% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 1,289 | $7,784.86 | $5,884.28 | -$1,900.58 | -24.41% |
| BG Bart Gancher Intech Investment Management LLC | 25,668 | $157,747.3 | $116,917.74 | -$40,829.56 | -25.88% |
 Point72 Asset Management LP Point72 Asset Management LP | 347,207 | $2.04M | $1.58M | -$458,313.14 | -22.49% |
 Joseph Castro Nuveen LLC | 815,427 | $4.95M | $3.7M | -$1.26M | -25.37% |
Granite Ridge Resources Inc. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JG Jeff Grampp Northland Capital Markets | 6,995.63 | $32,459.71 | $32,249.84 | -$209.87 | -0.65% |
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Granite Ridge Resources Inc. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Tyler S. Farquharson CEO | NYSE Exchange | 387432107 CUSIP |
| US Country | 6 Employees | 29 May 2026 Last Dividend | 26 Mar 2021 Last Split | 6 Nov 2020 IPO Date |
Overview
Granite Ridge Resources, Inc. is positioned within the energy sector, specializing in the exploration and production of oil and gas. Unlike many of its counterparts, this company adopts a non-operated approach, meaning it does not directly manage the daily operations of its oil and gas projects. Instead, it invests in a portfolio of wells and holds acreage across various key locations, particularly aiming its focus on the Permian Basin among other unconventional basins in the United States. With its headquarters in Dallas, Texas, Granite Ridge Resources serves as an integral player in the exploitation and development of energy resources in the country.
Products and Services
- Exploration and Production of Oil and Gas - Granite Ridge Resources engages in the exploration and production (E&P) of oil and natural gas. This involves using the latest technologies and methodologies to discover and extract hydrocarbon resources efficiently from the ground. The company focuses on identifying promising geological formations, primarily within the Permian Basin and other unconventional basins across the U.S., ensuring a steady supply of oil and gas to meet the country's energy demands.
- Investment in Non-Operated Oil and Gas Projects - Central to its business model, Granite Ridge Resources invests in a wide array of non-operated oil and gas projects. This strategy allows the company to participate in the financial returns of these projects without taking on the responsibility and risks associated with day-to-day operational management. Their investment portfolio includes wells and acreages, leveraging partnerships with operating companies to capitalize on the growing demand for energy resources while managing investment risks.
