NYSE$GRNT

Granite Ridge Resources Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Granite Ridge Resources reported Q3 2025, revenue of $112.7M, net income of $14.5M.

For Q3 2025, Granite Ridge Resources reported revenue of $112.7M, net income of $14.5M. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $112.7M.
  • Net income $14.5M.
  • Granite Ridge Resources highlights liquidity, operations, and 2026 priorities.

Headline financials

Total Revenue

$113M

Previous: $94.1M+19.8%
EPS (adj)

$0.09

Previous: $0.07+28.6%
Daily Production

31.9K

No prior period
Oil Production

16.2K

No prior period
Natural Gas Production

94.2K

No prior period
Adjusted EBITDAX

$78.6M

No prior period
Development Capex

$64M

No prior period
Acquisition Capital

$16.5M

No prior period
Net Wells Online

9.3

No prior period
Dividend per Share

$0.11

No prior period
Net Debt / Adj EBITDAX

0.9

No prior period
LOE per Boe

$8.03

No prior period
Realized Oil Price

$61.62

No prior period
Realized Gas Price

$2.39

No prior period
Production Taxes

$6.55M

No prior period
G&A Expenses

$6.99M

No prior period
Capital Expenditures

-$290M

Previous: -$245M-18.3%
Net Income

$14.5M

Previous: $9.05M+60.4%
Operating Income

$19.6M

Previous: $24.7M-20.6%

Revenue & EPS history

Granite Ridge · Revenue · Quarterly

$113M

Q3 2025+19.8%vs Q3 2024
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

The release discusses Granite Ridge Resources's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Granite Ridge Resources cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q3 2025

Historical avgQ3 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%

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