DIVIDEND ANNOUNCEMENT: Granite Ridge Resources Inc (NYSE:GRNT) on 05/08/2025 declared a dividend of $0.1100 per share

Granite Ridge Resources Inc (NYSE:GRNT) on 05/08/2025 declared a dividend of $ 0.1100 per share payable on June 13, 2025 to shareholders of record as of May 30, 2025.

Granite Ridge Resources Inc (NYSE:GRNT) has paid dividends since 2022, has a current dividend yield of 8.8531188965% and has increased its dividends for 0 successive years.

Granite Ridge Resources Inc's market cap is $ 650,140,610 and has a PE ratio of 35.50. The stock price closed yesterday at $ 4.97 and has a 52 week low/high of $ 4.52 and $ 7.10.

Granite Ridge Resources, Inc. is an oil and gas exploration and production company. It owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the U.S.. It holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. It owns an interest in approximately 2,826 gross (176.50 net) producing wells, 309,472. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs.

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