Granite Ridge Resources
GRNT
Financials
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Granite Ridge Resources is an independent oil and gas exploration and production company. Its business is the acquisition, development, and production of oil and natural gas reserves, primarily in the Permian Basin. The company reported production of 35,100 barrels of oil equivalent per day in Q4 2025 and targets a 9% production growth rate for 2026. Its proved reserves as of December 31, 2025, totaled 62,347 thousand barrels of oil equivalent.
The company's operations and financial results are directly tied to fossil fuel extraction. For the fourth quarter of 2025, oil sales accounted for $87.6 million and natural gas sales for $17.9 million. Its investor materials describe reserve engineering as a core process for estimating underground accumulations of oil and gas, and its stated strategy is to invest capital in oil and gas development. Granite Ridge acknowledges in its regulatory filings that its business is subject to risks inherent in the oil and gas industry, including potential environmental incidents and non-compliance with environmental laws.
Research Sources
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