Granite Ridge Q2 FY26 net income rises 19.6% to $30 million; revenue climbs to $149.3 million

Reuters2026/08/06 21:03

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Granite Ridge posted net income of USD 30 million, or USD 0.23 per diluted share, versus USD 25.1 million a year earlier.
Oil and natural gas sales rose 36.67% to USD 149.3 million from the year-ago quarter.
Adjusted EBITDAX (non-GAAP) increased 5.47% to USD 79.6 million; adjusted net income (non-GAAP) totaled USD 11.1 million, or USD 0.09 per share.
Daily production climbed 1% to 32,044 Boe per day; lease operating expense rose to USD 10.27 per Boe, due to higher saltwater disposal and other costs.
Board declared a quarterly cash dividend of USD 0.11 per share, payable Sept. 14 to holders of record Aug. 28.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Ridge Resources Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Granite Ridge Q2 FY26 net income rises 19.6% to $30 million; revenue climbs to $149.3 million

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