Granite Ridge Resources, Inc. reported Q4 and full-year 2025 financial and operating results, including a Q4 net loss of $25.1 million and full-year net income of $24.4 million, with production up 27% to 35,120 Boe/day in Q4. The company provided 2026 guidance for 34,000-36,000 Boe/day production and declared a $0.11 per share dividend.
Key takeaways
Q4 2025 total production 35,120 Boe/day (49% oil), up 27% YoY
Q4 net loss $25.1 million or $(0.19)/share; Adjusted Net Income $1.5 million or $0.01/share
Full-year 2025 production 31,984 Boe/day (50% oil), up 28%
Q4 Adjusted EBITDAX $69.5 million; full-year $315.0 million
2026 guidance: 34,000-36,000 Boe/day, $320-360 million total capex
Declared Q4 dividend $0.11 per share; liquidity $339.5 million as of Dec 31, 2025