Granite Ridge expects mid-teens total production growth in 2025. This may include 20+% oil production growth. I expect Granite Ridge's 2025 capex to be lower than 2024 since much of the 2025 growth is driven by late 2024 spending.
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q3 2024 Earnings Conference Call November 8, 2024 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 Noah Hungness - Bank of America Michael Scialla - Stevens Inc Phillips Johnston - Capital One Jeff Robertson - Water Tower Research Operator Good morning, and welcome everyone to Granite Ridge Resources Third Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.21 per share a year ago.
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, Inc. (NYSE:GRNT ) Q2 2024 Earnings Conference Call August 9, 2024 11:00 AM ET Company Participants Luke Brandenberg - President & CEO Tyler Farquharson - CFO Conference Call Participants Phillips Johnston - Capital One Michael Scialla - Stephens John White - ROTH Capital Noah Hungness - Bank of America Jeff Robertson - Water Tower Research Operator Good morning, and welcome, everyone to Granite Ridge Resources Second Quarter 2024 Earnings Conference Call. Currently all participants are in a listen-only mode.
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.
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, Inc. is now projected to have $2 million in 2024 cash burn before dividends. After dividends, its net debt may increase by $60 million in 2024. Granite Ridge's liquidity was enhanced by its increased $300 million credit facility borrowing base and aggregate elected commitments.