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

GRNT•2026-08-06

Dividend

The board declared a quarterly cash dividend of USD 0.11 per share, payable Sept. 14 to holders of record Aug. 28.

Q2 FY26 results

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.

Production and costs

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.

Sources

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

Publicnow

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

Dividend

Q2 FY26 results

Production and costs

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Sources

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

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