CapitalOne downgraded Granite Ridge Resources from Overweight to Equal Weight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2025 | Overweight → Equal Weight | CapitalOne | |
| 6/14/2024 | $7.00 | Neutral | BofA Securities |
| 5/15/2024 | $8.80 | Buy | ROTH MKM |
| 11/7/2023 | $9.00 | Buy | BofA Securities |
| 9/27/2023 | $8.00 | Overweight | Stephens |
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
8-K - Granite Ridge Resources, Inc. (0001928446) (Filer)
10-Q - Granite Ridge Resources, Inc. (0001928446) (Filer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
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Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that Luke Brandenberg has stepped down from his role as President and Chief Executive Officer, effective June 11, 2025. The Company's Board has promoted Tyler Farquharson, the Company's Chief Financial Officer, to President and Chief Executive Officer, and Kim Weimer, the Company's Chief Accounting Officer, to Interim Chief Financial Officer and Chief Accounting Officer, each effective June 12, 2025. The Board is actively seeking a permanent Chief Financial Officer and has retained a nationally recognized executive search firm to assist in the process. Granite Ridge reaffirms its operational and f
Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today reported financial and operating results for the first quarter of 2025. First Quarter 2025 Highlights Grew daily production 23% to 29,245 barrels of oil equivalent ("Boe") per day (50% oil), from 23,842 Boe per day for the first quarter of 2024. Reported net income of $9.8 million, or $0.07 per diluted share, versus $16.2 million, or $0.12 per diluted share, for the prior year period. Adjusted Net Income (non-GAAP) totaled $28.9 million, or $0.22 Adjusted Earnings Per Diluted Share (non-GAAP). Generated $91.4 million of Adjusted EBITDAX (non-GAAP). Invested $71.4 million in development capital expend
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)
4 - Granite Ridge Resources, Inc. (0001928446) (Issuer)