Granite Ridge Resources posts investor deck outlining operated partnerships strategy targeting >25% IRR
Reuters2026/08/06 21:25- Granite Ridge outlined a strategy focused on U.S. short-cycle oil and gas investments targeting >25% full-cycle IRRs, with free cash flow expected in 2027.
- 2026 guidance: net production 34,000-36,000 Boe/d with 50%-52% oil; total capital expenditures USD 345-385 million.
- Spending mix skewed to operated partnerships, with about 90% of 2026 D&C capital allocated to that model for greater capital control.
- Q2 2026 production totaled 32,044 Boe/d; commodity mix was 51% oil, 49% gas; leverage ratio was 1.4x.
- Presentation cited a 9.4% dividend yield based on an annualized USD 0.44 per share dividend; EV/2026E EBITDAX multiple of 2.8x.
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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