NYSE$GRNT

Granite Ridge Resources Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Granite Ridge Resources reported Q1 2025 revenue of $122.9M, net income of $9.8M, diluted EPS of $0.07.

For Q1 2025, Granite Ridge Resources reported Revenue was $122.9M, net income was $9.8M, diluted EPS was $0.07. Management discusses operating trends, liquidity, and outlook in the quarterly filing.

  • Revenue $122.9M for Q1 2025.
  • Net income $9.8M.
  • Diluted EPS $0.07.

Headline financials

Total Revenue

$123M

Previous: $89M+38.1%
EPS (adj)

$0.07

Previous: $0.12-41.7%
Daily Production

29.2K

No prior period
Oil Production

14.8K

No prior period
Natural Gas Production

87.0K

No prior period
Adjusted EBITDAX

$91.4M

No prior period
Development Capex

$71.4M

No prior period
Acquisition Capital

$34.4M

No prior period
Net Wells Online

13.7

No prior period
Dividend per Share

$0.11

No prior period
Net Debt / Adj EBITDAX

0.7

No prior period
LOE per Boe

$6.17

No prior period
Realized Oil Price

$69.18

No prior period
Realized Gas Price

$3.97

No prior period
Capital Expenditures

-$101M

Previous: -$72.3M-40.3%
Net Income

$9.81M

Previous: $16.2M-39.5%
Operating Income

$42.5M

Previous: $19.6M+117.0%

Revenue & EPS history

Granite Ridge · Revenue · Quarterly

$123M

Q1 2025+38.1%vs Q1 2024
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

E&P outlook depends on commodity prices, hedge positions, and drilling activity.

Tailwinds

  • Oil and gas production growth and acreage quality.
  • Hedging partially mitigates price swings.

Headwinds

  • Commodity price volatility and basis differentials.
  • Capital intensity and regulatory costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

-0.3%

Avg return

30 days after

36%

4 / 11 earnings

Positive

+3.9%

Q3 2022

Best reaction

-6.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-8.1%-15.8%
Q4 2025-6.0%-5.1%+7.3%
Q3 2025-4.6%-5.6%+0.4%
Q1 2025+1.4%+10.8%+14.5%
Q3 2024-0.2%+3.8%-2.8%
Q2 2024+2.6%+7.1%-1.5%
Q1 2024+0.6%-2.0%-5.7%
Q3 2023-2.8%-1.3%-2.0%
Q2 2023-2.3%+3.5%+3.6%
Q1 2023-4.8%-2.9%+8.3%
Q3 2022+3.9%+3.8%-10.0%

Discussion

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