Granite Ridge (GRNT) Q2 Revenue Up 20%

Granite Ridge Resources (NYSE:GRNT), an energy producer with diversified assets in major U.S. oil and gas basins, reported results for Q2 2025 on August 7, 2025. The company reported GAAP revenue of $109.2 million, topping the analyst estimate of $107.3 million (GAAP), while non-GAAP earnings per share (EPS) missed expectations at $0.11 versus the $0.12 forecast. The quarter showed strong year-over-year growth in key operating and financial metrics, but increased operating costs and a lower well count weighed on adjusted profitability. Management upgraded its full-year 2025 production guidance to 31,000–33,000 barrels of oil equivalent per day and maintained its quarterly dividend of $0.11 per share, highlighting continued expansion in the Permian Basin alongside a focus on disciplined capital allocation. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Granite Ridge Resources is an upstream oil and gas company with holdings in six major U.S. basins: the Permian, Eagle Ford, Bakken, Haynesville, DJ, and Appalachian regions. Its asset portfolio includes both operated partnerships, where Granite Ridge works directly with select partners, and non-operated interests where it participates alongside other producers. The company’s strategy centers on geographic and product mix diversification, providing stability across changing commodity cycles.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool