GRNT

Granite Ridge Resources, Inc. ( GRNT ) Q3 2026 Earnings Call November 6, 2026 11:00 AM EST Company Participants James Masters - Vice President of Investor Relations Tyler Farquharson - CEO & President R. Kettler - Chief Financial Officer Conference Call Participants Michael Scialla - Stephens Inc., Research Division Derrick Whitfield - Texas Capital Securities, Research Division Jeffrey Grampp - Northland Capital Markets, Research Division Presentation Operator Good day, ladies and gentlemen, and thank you for standing by.

DALLAS--(BUSINESS WIRE)---- $GRNT--Granite Ridge (NYSE: GRNT) reported Q3 2026 results, grew production 9%, added a new Permian partner and approved a $35 million buyback.

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. (GRNT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

The consensus price target hints at a 58.7% 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.

Granite Ridge's lease operating expenses increased to over $10 per BOE in Q2 2026, up 33% from Q4 2025. It is dealing with higher saltwater disposal costs and higher contract labor costs. Increased production and cost management efforts should bring its per BOE costs down in 2H 2026 and 2027.

DALLAS--(BUSINESS WIRE)--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced that affiliates of Grey Rock Investment Partners (“Grey Rock”) have distributed 14,000,000 shares of Granite Ridge common stock to the limited partners of Grey Rock Energy Fund III-A, LP, Grey Rock Energy Fund III-B, LP, and Grey Rock Energy Fund III-B Holdings, LP.Following the distribution, Grey Rock and its affiliates beneficially own approximately 39% of Granite Ridge's outs.

Investors need to pay close attention to GRNT stock based on the movements in the options market lately.

Granite Ridge Resources, Inc. (GRNT) Q2 2026 Earnings Call Transcript

Granite Ridge Resources, Inc. (GRNT) Shareholder/Analyst Call Prepared Remarks Transcript