Granite Ridge swings to Q3 2026 net loss of $10.05 million
GRNT•Granite Ridge Resources reported a third-quarter 2026 net loss of $10.1 million, while oil and natural gas sales rose 57% to $177.2 million and daily production increased 9% to 34,641 barrels of oil equivalent. Its board authorized up to $35 million in share repurchases through December 2027 and declared a quarterly dividend of $0.11 per share.
1. Quarterly results
Granite Ridge Resources swung to a third-quarter 2026 net loss of $10.1 million from a profit a year earlier. Oil and natural gas sales rose 57% year over year to $177.2 million, while daily production increased 9% to 34,641 barrels of oil equivalent.
2. Capital returns
The board authorized up to $35 million in share repurchases through December 2027 and declared a quarterly dividend of $0.11 per share.
