Granite Ridge Resources Declares Quarterly Dividend and Schedules Fourth Quarter and Full-Year 2022 Earnings Conference Call

Rhea-AI Summary

Granite Ridge Resources, Inc. (NYSE: GRNT) has declared a quarterly cash dividend of $0.11 per share, with payment scheduled for March 15, 2023 to stockholders on record as of March 1, 2023. Additionally, the Company announced a webcast and conference call on March 28, 2023 at 10:00 a.m. Central time to discuss its fourth quarter and full-year 2022 earnings and initial guidance for 2023. As a non-operated oil and gas exploration company, Granite Ridge focuses on investments across the Permian and other prolific US basins, aiming for sustainable returns for shareholders.

Positive

• Quarterly cash dividend of $0.11 per share declared.
• Webcast scheduled for March 28, 2023, for earnings discussion.

Negative

• None.

DALLAS--(BUSINESS WIRE)-- Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced a quarterly cash dividend of $0.11 per share of common stock and further announced that it will host a webcast and conference call on Tuesday, March 28, 2023 at 10:00 a.m. Central time to discuss its fourth quarter and full-year 2022 earnings, along with initial 2023 guidance.

Quarterly Dividend

The Company’s Board of Directors declared a cash dividend of $0.11 per share of the Company’s common stock payable on March 15, 2023 to stockholders of record on March 1, 2023.

Fourth Quarter and Full-Year 2022 Earnings Conference Call

The Company will host a webcast and conference call on Tuesday, March 28, 2023 at 10:00 a.m. Central time to discuss its fourth quarter and full-year 2022 earnings. Instructions on how to access the webcast and conference call are shown below.

Webcast:			We encourage participants to pre-register for the webcast using the following link https://events.q4inc.com/attendee/137394472. Alternatively, a link to the webcast can be found on the Company’s investor relations website.
Telephone:			Toll-free dial in number (888) 660-6093 Conference ID 4127559
			An audio replay will be available through April 11, 2023. To access the audio replay dial (800) 770-2030 and enter conference ID 4127559.

About Granite Ridge

Granite Ridge is a scaled, non-operated oil & gas exploration and production company. We invest in a diversified portfolio of production and top-tier acreage across the Permian and four other prolific US basins in partnership with proven operators. We create value by generating sustainable full-cycle risk adjusted returns for investors, offering a rewarding experience for our team, and delivering reliable energy solutions to all – safely and responsibly. For more information, visit Granite Ridge’s website at www.graniteridge.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230221005081/en/

Investor and Media Contact:

IR@GraniteRidge.com – (214) 396-2850

Source: Granite Ridge Resources, Inc.

FAQ

What is the quarterly dividend amount for Granite Ridge Resources (GRNT)?

Granite Ridge Resources has declared a quarterly cash dividend of $0.11 per share.

When will Granite Ridge Resources report its fourth quarter and full-year 2022 earnings?

Granite Ridge Resources will host a call on March 28, 2023, to discuss its earnings.

What is the record date for the dividend payment of Granite Ridge Resources (GRNT)?

The record date for the dividend payment is March 1, 2023.

When is the dividend payment for Granite Ridge Resources (GRNT) scheduled?

The dividend payment is scheduled for March 15, 2023.