Granite Ridge Resources, Inc. — Third Quarter 2026 Earnings Summary

Granite Ridge Resources reported third-quarter 2026 daily production of 34,641 barrels of oil equivalent, representing a 9% increase from the prior year period. The company recorded a net loss of $10.1 million but generated $107.3 million in Adjusted EBITDAX, driven by higher realized oil and natural gas prices. Capital expenditures totaled $109.9 million, funding 9.2 net wells turned in-line and various property acquisitions. Additionally, the Board declared a quarterly dividend of $0.11 per share and approved a $35 million share repurchase program.