Granite Ridge Resources, Inc. (GRNT) Q2 Earnings Miss Estimates
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.13 per share a year ago.
Granite Ridge Resources: A New Dividend Play For My Portfolio
Granite Ridge Resources offers a 8.2% yield, low overhead, and a strong hedging program, making it attractive for income-focused investors despite recent volatility. The company's diversified, data-driven investment approach and focus on the Permian Basin support stable cash flow and regular dividends. Concerns about rising debt are mitigated by conservative leverage, robust liquidity, and management's focus on growth and efficiency, not just dividend payments.
Granite Ridge Resources, Inc. (GRNT) Surges 6.7%: Is This an Indication of Further Gains?
Granite Ridge Resources, Inc. (GRNT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Granite Ridge Resources: Strong Natural Gas Performance To Start 2025
Granite Ridge's Q1 2025 production increased by 5% quarter-over-quarter. This was driven by natural gas outperformance, with oil production in-line with expectations. Granite Ridge's lease operating expense per BOE was 9% below full-year guidance midpoint and is trending well.
Granite Ridge Resources, Inc. (GRNT) Q1 2025 Earnings Call Transcript
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants James Masters - Investor Relations Representative Luke Brandenberg - President and Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Phillips Johnston - Capital One John Annis - Texas Capital Noah Hungness - Bank of America Michael Scialla - Stephens Operator Good morning, and welcome to the Granite Ridge Resources First Quarter 2025 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Granite Ridge Resources, Inc. (GRNT) Q1 Earnings and Revenues Surpass Estimates
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.12 per share a year ago.
Can Granite Ridge Resources, Inc. (GRNT) Keep the Earnings Surprise Streak Alive?
Granite Ridge Resources, Inc. (GRNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Granite Ridge Resources, Inc. (GRNT) Reports Next Week: Wall Street Expects Earnings Growth
Granite Ridge Resources, Inc. (GRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Granite Ridge Resources: A Look At Its Guidance For 2025
Granite Ridge Resources, Inc. expects to average 29,000 BOEPD (52% oil) in 2025 production. This is low-to-mid single-digits growth compared to its Q4 2024 production, which had increased by 10% compared to Q3 2024 production. At the current strip, though, Granite Ridge would end up with $74 million in cash burn after dividends.
Wall Street Analysts See a 35.24% Upside in Granite Ridge Resources, Inc. (GRNT): Can the Stock Really Move This High?
The consensus price target hints at a 35.2% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Earnings Estimates Rising for Granite Ridge Resources, Inc. (GRNT): Will It Gain?
Granite Ridge Resources, Inc. (GRNT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Granite Ridge Resources, Inc. (GRNT) Q4 2024 Earnings Call Transcript
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q4 2024 Earnings Conference Call March 7, 2025 11:00 AM ET Company Participants James Masters - IR Representative Luke Brandenberg - President and CEO Tyler Farquharson - CFO Conference Call Participants Michael Scialla - Stephens Derrick Whitfield - Texas Capital Noah Hungness - Bank of America John White - ROTH Capital Chris Baker - Evercore ISI Operator Good morning, and welcome everyone to Granite Ridge Resources Fourth Quarter and Full Year 2024 Earnings Conference Call. Currently, all participants are in listen-only mode.
