Granite Ridge Resources Targets Positive Free Cash Flow by 2027
Granite Ridge Resources NYSE: GRNT is targeting a transition to positive free cash flow by 2027 while maintaining high-single-digit production growth through its operated-partnership model, Chief Financial Officer Kyle Kettler said during a company presentation.
Is the Options Market Predicting a Spike in Granite Ridge Resources Stock?
Investors need to pay close attention to GRNT stock based on the movements in the options market lately.
Granite Ridge Resources Q2 Earnings Call Highlights
Granite Ridge Resources NYSE: GRNT reported second-quarter production of 32,044 barrels of oil equivalent per day, with oil representing 51% of the production mix, as the company continued investing in development and inventory additions ahead of an expected free-cash-flow inflection in 2027.
Granite Ridge Resources, Inc. (GRNT) Q2 2026 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q2 2026 Earnings Call Transcript
Granite Ridge Resources, Inc. (GRNT) Q2 Earnings and Revenues Beat Estimates
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.
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, 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
What Makes Granite Ridge Resources, Inc. (GRNT) a New Buy Stock
Granite Ridge Resources, Inc. (GRNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Granite Ridge Resources, Inc. (GRNT) Just Flashed Golden Cross Signal: Do You Buy?
From a technical perspective, Granite Ridge Resources, Inc. (GRNT) is looking like an interesting pick, as it just reached a key level of support. GRNT's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Granite Ridge Resources: Aiming To Transition To Free Cash Flow Generation In 2027
Granite Ridge Resources, Inc. is projected to burn $71 million in cash in 2026 after dividends, despite strong near-term oil prices. GRNT is around 60% hedged on oil in 2026 but around 75% to 80% hedged on oil for Q2 2026. Granite Ridge's lease operating expenses have also been trending a bit higher than expected with its increased Permian focus.
