Granite Ridge Resources Declares $0.11 Quarterly Dividend
Granite Ridge Resources, Inc. (NYSE: GRNT), an oil and gas production company, declared a quarterly dividend of $0.11 per share for the fourth quarter of 2025. The announcement came alongside the company's full-year results.
Granite Ridge Resources, Inc. (NYSE: GRNT), an oil and gas production company focused on non-operated assets and operated partnerships in the Permian Basin, declared a quarterly dividend of $0.11 per share for the fourth quarter of 2025. Read more dividend announcements.
The dividend declaration was announced March 5, 2026, alongside the company's fourth quarter and full-year 2025 financial results. Specific record, ex-dividend, and payment dates were not disclosed in the filing.
| Dividend Details | Information |
|---|---|
| Amount | $0.11 per share |
| Frequency | Quarterly |
| Quarter | Fourth Quarter 2025 |
| Record Date | Not disclosed |
| Ex-Dividend Date | Not disclosed |
| Payment Date | Not disclosed |
Fourth Quarter Operational Performance
The company reported total production of 35,120 barrels of oil equivalent per day in the fourth quarter, a 27% increase from the prior year. Oil production represented 49% of the mix and rose 17% year-over-year.
Granite Ridge invested $127.5 million in capital during the quarter, bringing 67 gross wells (10.50 net) online. For the full year 2025, the company grew production 28% to average 32,000 barrels of oil equivalent per day while deploying $279 million in development capital.
The company ended 2025 with total liquidity of $339.5 million and a net debt to adjusted EBITDAX ratio of 1.2 times. Fourth quarter adjusted EBITDAX totaled $69.5 million.
The company reported a net loss of $25.1 million, or $(0.19) per share, for the fourth quarter. Adjusted net income was $1.5 million, or $0.01 per diluted share.
Strategic Focus
President and CEO Tyler Farquharson said the company transitioned in 2025 from a traditional non-operated production company to a capital allocator focused on short-cycle development through operated partnerships. The strategy targets projects with 25% full-cycle returns at strip pricing.
In 2025, Granite Ridge added 331 gross locations (77.2 net) for $122 million across its operated partnership and non-operated portfolio. The company acquired 59.3 operated partnership net wells in the Permian Basin at $1.4 million per location.