Michael Scialla

Noah Hungness

Phillips Johnston

John Annis

Christopher Baker

Derek Whitfield

Jeffrey Robertson

John White

- Granite Ridge (GRNT) operates as an investment platform for US energy development, aiming for **greater than 25% full cycle returns** on investments alongside proven management teams.  **[1928446_tx_375146_1]** **[1928446_tx_375146_2]** 
- The company utilizes a two-pronged strategy: **operated partnerships** for growth and **traditional non-op** for diversification, with a significant focus on the Permian Basin.  **[1928446_tx_375146_2]** **[1928446_tx_375146_3]** **[1928446_tx_375146_4]** 
- GRNT reported **28% year-over-year production growth** and raised its full-year production guidance by **10%** after Q2 earnings.  **[1928446_tx_375146_1]** 
- For 2025, Granite Ridge projects production of **32,000 BOE per day**, an increase of **28% year over year**, supported by **$410 million** in total capital.  **[1928446_tx_375146_5]** 
- The company maintains a strong balance sheet with a leverage ratio of **0.8x net debt to trailing twelve months EBITDAX** and offers a fixed dividend representing an **8% to 9% dividend yield**.  **[1928446_tx_375146_1]**

Granite Ridge Resources (GRNT)