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S-4 Filing

GRANITE RIDGE RESOURCES, INC. CIK: 1928446
Filing Information
Form Type S-4
Accession Number 0001104659-23-062494
Period End Date 20230331
Filing Date 20230519
Fiscal Year N/A
Fiscal Period N/A
XBRL Instance grnt-20230331xs4_htm.xml
Filing Contents
Balance Sheet 91 line items
Line Item Tag Value Unit Period
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 431.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 431.00M shares Point-in-time
Cash Cash $10.93M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 133.48M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 133.29M shares Point-in-time
Cash Cash $50.83M USD Point-in-time
Cash Cash $11.85M USD Point-in-time
Cash Cash $19.75M USD Point-in-time
Cash Cash $8.21M USD Point-in-time
Revenue receivable AccruedFeesAndOtherRevenueReceivable $65.70M USD Point-in-time
Revenue receivable AccruedFeesAndOtherRevenueReceivable $47.30M USD Point-in-time
Revenue receivable AccruedFeesAndOtherRevenueReceivable $72.29M USD Point-in-time
Advances to operators AdvancesToOperators $19.86M USD Point-in-time
Treasury stock, common shares (in shares) TreasuryStockCommonShares 311,133.00 shares Point-in-time
Treasury stock, common shares (in shares) TreasuryStockCommonShares 25,920.00 shares Point-in-time
Advances to operators AdvancesToOperators $8.91M USD Point-in-time
Advances to operators AdvancesToOperators $37.82M USD Point-in-time
Prepaid costs and other OtherPrepaidExpenseCurrent $4.20M USD Point-in-time
Prepaid costs and other OtherPrepaidExpenseCurrent $676.00K USD Point-in-time
Prepaid costs and other OtherPrepaidExpenseCurrent $2.24M USD Point-in-time
Derivative assets - commodity derivatives DerivativeAssetsCurrent $10.09M USD Point-in-time
Derivative assets - commodity derivatives DerivativeAssetsCurrent $434.00K USD Point-in-time
Derivative assets - commodity derivatives DerivativeAssetsCurrent $16.61M USD Point-in-time
Total current assets AssetsCurrent $98.08M USD Point-in-time
Total current assets AssetsCurrent $146.32M USD Point-in-time
Total current assets AssetsCurrent $115.33M USD Point-in-time
Oil and gas properties, successful efforts method OilAndGasPropertySuccessfulEffortMethodGross $1.15B USD Point-in-time
Oil and gas properties, successful efforts method OilAndGasPropertySuccessfulEffortMethodGross $727.55M USD Point-in-time
Oil and gas properties, successful efforts method OilAndGasPropertySuccessfulEffortMethodGross $1.03B USD Point-in-time
Accumulated depletion OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization $383.67M USD Point-in-time
Accumulated depletion OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization $278.77M USD Point-in-time
Accumulated depletion OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization $417.44M USD Point-in-time
Total property and equipment, net OilAndGasPropertySuccessfulEffortMethodNet $644.99M USD Point-in-time
Total property and equipment, net OilAndGasPropertySuccessfulEffortMethodNet $737.44M USD Point-in-time
Total property and equipment, net OilAndGasPropertySuccessfulEffortMethodNet $448.77M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $3.47M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $3.31M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $362.00K USD Point-in-time
Total long-term assets TotalLongTermAssets $393.00K USD Point-in-time
Total long-term assets TotalLongTermAssets $3.31M USD Point-in-time
Total long-term assets TotalLongTermAssets $3.47M USD Point-in-time
Total assets Assets $794.78M USD Point-in-time
Total assets Assets $547.25M USD Point-in-time
Total assets Assets $856.08M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $62.18M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $69.60M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $10.32M USD Point-in-time
Other liabilities OtherLiabilitiesCurrent $13.00K USD Point-in-time
Other liabilities OtherLiabilitiesCurrent $1.52M USD Point-in-time
Other liabilities OtherLiabilitiesCurrent $2.35M USD Point-in-time
Derivative liabilities - commodity derivatives DerivativeLiabilitiesCurrent $7.26M USD Point-in-time
Derivative liabilities - commodity derivatives DerivativeLiabilitiesCurrent $13.00K USD Point-in-time
Derivative liabilities - commodity derivatives DerivativeLiabilitiesCurrent $431.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $71.96M USD Point-in-time
Total current liabilities LiabilitiesCurrent $64.13M USD Point-in-time
Total current liabilities LiabilitiesCurrent $67.60M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.10M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $25.00M USD Point-in-time
Derivative liabilities - commodity derivatives DerivativeLiabilitiesNoncurrent $657.00K USD Point-in-time
Derivative liabilities - common stock warrants WarrantsAndRightsOutstanding $6.62M USD Point-in-time
Derivative liabilities - common stock warrants WarrantsAndRightsOutstanding $11.90M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $5.92M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $4.75M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $2.96M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $91.59M USD Point-in-time
Deferred tax liability DeferredIncomeTaxLiabilitiesNet $101.52M USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $108.24M USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $4.72M USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $139.06M USD Point-in-time
Total liabilities Liabilities $211.03M USD Point-in-time
Total liabilities Liabilities $72.32M USD Point-in-time
Total liabilities Liabilities $172.37M USD Point-in-time
Common stock, $0.0001 par value, 431,000,000 shares authorized, 133,477,494 and 133,294,897 issued at March 31, 2023 and December 31, 2022, respectively CommonStockValue $13.00K USD Point-in-time
Common stock, $0.0001 par value, 431,000,000 shares authorized, 133,477,494 and 133,294,897 issued at March 31, 2023 and December 31, 2022, respectively CommonStockValue $13.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $590.23M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $592.58M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $32.39M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $54.50M USD Point-in-time
Treasury stock, at cost, 311,133 and 25,920 shares at March 31, 2023 and December 31, 2022, respectively TreasuryStockCommonValue $2.03M USD Point-in-time
Treasury stock, at cost, 311,133 and 25,920 shares at March 31, 2023 and December 31, 2022, respectively TreasuryStockCommonValue $229.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $645.06M USD Point-in-time
Total stockholders' equity StockholdersEquity $507.37M USD Point-in-time
Total stockholders' equity StockholdersEquity $622.40M USD Point-in-time
Total stockholders' equity StockholdersEquity $370.56M USD Point-in-time
Total stockholders' equity StockholdersEquity $324.37M USD Point-in-time
Total stockholders' equity StockholdersEquity $474.93M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $547.25M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $794.78M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $856.08M USD Point-in-time
Income Statement 86 line items
Line Item Tag Value Unit Period
Noncash stock-based compensation ShareBasedCompensation $1.06M USD 1 Quarter
Oil and natural gas sales RevenueFromContractWithCustomerExcludingAssessedTax $91.31M USD 1 Quarter
Oil and natural gas sales RevenueFromContractWithCustomerExcludingAssessedTax $290.19M USD Annual
Oil and natural gas sales RevenueFromContractWithCustomerExcludingAssessedTax $497.42M USD Annual
Oil and natural gas sales RevenueFromContractWithCustomerExcludingAssessedTax $87.10M USD Annual
Oil and natural gas sales RevenueFromContractWithCustomerExcludingAssessedTax $93.85M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $44.68M USD Annual
Lease operating expenses OperatingLeaseExpense $13.77M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $8.41M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $20.40M USD Annual
Lease operating expenses OperatingLeaseExpense $26.33M USD Annual
Production and ad valorem taxes ProductionAndAdValoremTaxes $5.17M USD 1 Quarter
Production and ad valorem taxes ProductionAndAdValoremTaxes $18.07M USD Annual
Production and ad valorem taxes ProductionAndAdValoremTaxes $30.62M USD Annual
Production and ad valorem taxes ProductionAndAdValoremTaxes $6.66M USD Annual
Production and ad valorem taxes ProductionAndAdValoremTaxes $5.72M USD 1 Quarter
Depletion and accretion expense DepletionOfOilAndGasProperties $33.85M USD 1 Quarter
Depletion and accretion expense DepletionOfOilAndGasProperties $79.95M USD Annual
Depletion and accretion expense DepletionOfOilAndGasProperties $16.12M USD 1 Quarter
Depletion and accretion expense DepletionOfOilAndGasProperties $105.75M USD Annual
Depletion and accretion expense DepletionOfOilAndGasProperties $94.66M USD Annual
Impairments of long-lived assets ImpairmentOfLongLivedAssetsHeldForUse $5.72M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $2.77M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $8.58M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $10.18M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $10.11M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $14.22M USD Annual
Total operating costs and expenses OperatingExpenses $122.19M USD Annual
Total operating costs and expenses OperatingExpenses $32.49M USD 1 Quarter
Total operating costs and expenses OperatingExpenses $195.27M USD Annual
Total operating costs and expenses OperatingExpenses $146.96M USD Annual
Total operating costs and expenses OperatingExpenses $61.92M USD 1 Quarter
Net operating income OperatingIncomeLoss $302.14M USD Annual
Net operating income OperatingIncomeLoss $-35.09M USD Annual
Net operating income OperatingIncomeLoss $143.23M USD Annual
Net operating income OperatingIncomeLoss $61.36M USD 1 Quarter
Net operating income OperatingIncomeLoss $29.39M USD 1 Quarter
Gain (loss) on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $13.01M USD Annual
Gain (loss) on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-32.39M USD Annual
Gain (loss) on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-28.39M USD 1 Quarter
Gain (loss) on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $13.32M USD 1 Quarter
Gain (loss) on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-25.32M USD Annual
Interest expense InterestExpense $339.00K USD 1 Quarter
Interest expense InterestExpense $1.84M USD Annual
Interest expense InterestExpense $2.38M USD Annual
Interest expense InterestExpense $1.99M USD Annual
Interest expense InterestExpense $525.00K USD 1 Quarter
Gain on derivatives - common stock warrants DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet $5.28M USD 1 Quarter
Gain on derivatives - common stock warrants DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet $362.00K USD Annual
Total other income (expense) NonoperatingIncomeExpense $-26.95M USD Annual
Total other income (expense) NonoperatingIncomeExpense $18.26M USD 1 Quarter
Total other income (expense) NonoperatingIncomeExpense $-34.77M USD Annual
Total other income (expense) NonoperatingIncomeExpense $-28.92M USD 1 Quarter
Total other income (expense) NonoperatingIncomeExpense $11.16M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $47.65M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $275.19M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-23.93M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $32.44M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $108.46M USD Annual
Income tax expense IncomeTaxExpenseBenefit $10.79M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $12.85M USD Annual
Net income NetIncomeLoss $108.46M USD Annual
Net income NetIncomeLoss $36.87M USD 1 Quarter
Net income NetIncomeLoss $262.34M USD Annual
Net income NetIncomeLoss $-23.93M USD Annual
Net income NetIncomeLoss $32.44M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.24 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.18 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.28 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.82 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $1.97 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $1.97 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.82 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.28 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.18 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.24 USD 1 Quarter
Weighted average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 132.92M shares Annual
Weighted average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 132.92M shares Annual
Weighted average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 133.00M shares 1 Quarter
Weighted average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 132.92M shares 1 Quarter
Weighted average common shares outstanding - basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 132.92M shares Annual
Weighted average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 132.92M shares Annual
Weighted average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 133.07M shares Annual
Weighted average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 132.92M shares Annual
Weighted average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 132.92M shares 1 Quarter
Weighted average common shares outstanding - diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 133.00M shares 1 Quarter
Cash Flow Statement 139 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $108.46M USD Annual
Net income NetIncomeLoss $36.87M USD 1 Quarter
Net income NetIncomeLoss $262.34M USD Annual
Net income NetIncomeLoss $-23.93M USD Annual
Net income NetIncomeLoss $32.44M USD 1 Quarter
Depletion and accretion expense DepletionOfOilAndGasProperties $33.85M USD 1 Quarter
Depletion and accretion expense DepletionOfOilAndGasProperties $79.95M USD Annual
Depletion and accretion expense DepletionOfOilAndGasProperties $16.12M USD 1 Quarter
Depletion and accretion expense DepletionOfOilAndGasProperties $105.75M USD Annual
Depletion and accretion expense DepletionOfOilAndGasProperties $94.66M USD Annual
(Gain) loss on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $13.01M USD Annual
(Gain) loss on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-32.39M USD Annual
(Gain) loss on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-28.39M USD 1 Quarter
(Gain) loss on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $13.32M USD 1 Quarter
(Gain) loss on derivatives - commodity derivatives DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-25.32M USD Annual
Net cash receipts from (payments on) commodity derivatives NetCashPaymentsOnReceiptsFromDerivatives $-25.22M USD Annual
Net cash receipts from (payments on) commodity derivatives NetCashPaymentsOnReceiptsFromDerivatives $-42.44M USD Annual
Net cash receipts from (payments on) commodity derivatives NetCashPaymentsOnReceiptsFromDerivatives $-7.78M USD 1 Quarter
Net cash receipts from (payments on) commodity derivatives NetCashPaymentsOnReceiptsFromDerivatives $11.91M USD Annual
Net cash receipts from (payments on) commodity derivatives NetCashPaymentsOnReceiptsFromDerivatives $6.39M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.06M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $48.00K USD Annual
Amortization of deferred financing costs AmortizationOfFinancingCosts $159.00K USD Annual
Amortization of deferred financing costs AmortizationOfFinancingCosts $163.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $10.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $108.00K USD Annual
Gain on derivatives - common stock warrants DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet $5.28M USD 1 Quarter
Gain on derivatives - common stock warrants DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet $362.00K USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $9.96M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $12.85M USD Annual
Other OtherNoncashIncomeExpense $137.00K USD 1 Quarter
Revenue receivable IncreaseDecreaseInReceivables $-5.53M USD Annual
Revenue receivable IncreaseDecreaseInReceivables $28.60M USD Annual
Revenue receivable IncreaseDecreaseInReceivables $-6.43M USD 1 Quarter
Revenue receivable IncreaseDecreaseInReceivables $14.02M USD 1 Quarter
Revenue receivable IncreaseDecreaseInReceivables $24.99M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-194.00K USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $1.84M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $9.84M USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $670.00K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $4.61M USD 1 Quarter
Prepaid and other expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-65.00K USD 1 Quarter
Prepaid and other expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.35M USD Annual
Prepaid and other expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $125.00K USD Annual
Prepaid and other expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-53.00K USD 1 Quarter
Prepaid and other expenses IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.10M USD Annual
Other payable IncreaseDecreaseInOtherAccountsPayable $4.00K USD Annual
Other payable IncreaseDecreaseInOtherAccountsPayable $161.00K USD 1 Quarter
Other payable IncreaseDecreaseInOtherAccountsPayable $5.00K USD Annual
Other payable IncreaseDecreaseInOtherAccountsPayable $10.00K USD Annual
Other payable IncreaseDecreaseInOtherAccountsPayable $815.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $81.47M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $181.18M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $346.39M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $56.06M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $66.81M USD Annual
Capital expenditures for oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $39.84M USD 1 Quarter
Capital expenditures for oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $185.50M USD Annual
Capital expenditures for oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $136.08M USD Annual
Capital expenditures for oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $99.49M USD Annual
Capital expenditures for oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $105.56M USD 1 Quarter
Acquisition of oil and natural gas properties PaymentsToAcquireOilAndGasPropertyAndEquipment $49.19M USD Annual
Acquisition of oil and natural gas properties PaymentsToAcquireOilAndGasPropertyAndEquipment $83.21M USD Annual
Acquisition of oil and natural gas properties PaymentsToAcquireOilAndGasPropertyAndEquipment $17.90M USD Annual
Acquisition of oil and natural gas properties PaymentsToAcquireOilAndGasPropertyAndEquipment $5.52M USD 1 Quarter
Acquisition of oil and natural gas properties PaymentsToAcquireOilAndGasPropertyAndEquipment $24.37M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-129.93M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-116.74M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-186.02M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-230.56M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-43.85M USD 1 Quarter
Proceeds from borrowing on credit facilities ProceedsFromIssuanceOfDebt $36.50M USD Annual
Proceeds from borrowing on credit facilities ProceedsFromIssuanceOfDebt $62.00M USD Annual
Proceeds from borrowing on credit facilities ProceedsFromIssuanceOfDebt $5.00M USD 1 Quarter
Proceeds from borrowing on credit facilities ProceedsFromIssuanceOfDebt $25.00M USD 1 Quarter
Proceeds from borrowing on credit facilities ProceedsFromIssuanceOfDebt $21.00M USD Annual
Payment of expenses related to formation of Granite Ridge Resources, Inc. PaymentOfExpensesRelatedToFormation $18.46M USD Annual
Payment of expenses related to formation of Granite Ridge Resources, Inc. PaymentOfExpensesRelatedToFormation $43.00K USD 1 Quarter
Purchase of treasury shares PaymentToAcquireTreasuryShares $1.77M USD 1 Quarter
Purchase of treasury shares PaymentToAcquireTreasuryShares $216.00K USD Annual
Payment of dividends PaymentsOfDividends $14.64M USD 1 Quarter
Payment of dividends PaymentsOfDividends $10.66M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $8.55M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $8.49M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-76.85M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $52.07M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-4.32M USD 1 Quarter
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $3.65M USD Annual
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $7.89M USD 1 Quarter
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-39.90M USD 1 Quarter
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $2.13M USD Annual
Net change in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $38.98M USD Annual
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.37M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.23M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.51M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.05M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $51.13M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.15M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.37M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.23M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.51M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.05M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $51.13M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.15M USD Point-in-time
Cash paid during the period for interest InterestPaidNet $1.64M USD Annual
Cash paid during the period for interest InterestPaidNet $17.00K USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $2.29M USD Annual
Cash paid during the period for interest InterestPaidNet $148.00K USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $1.26M USD Annual
Cash paid during the period for income taxes CashPaidReceivedDuringYearForIncomeTaxes $-79.00K USD Annual
Cash paid during the period for income taxes CashPaidReceivedDuringYearForIncomeTaxes $65.00K USD Annual
Cash paid during the period for income taxes CashPaidReceivedDuringYearForIncomeTaxes $33.00K USD 1 Quarter
Cash paid during the period for income taxes CashPaidReceivedDuringYearForIncomeTaxes $-98.00K USD Annual
Oil and natural gas property development costs in accrued expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses $48.19M USD Annual
Oil and natural gas property development costs in accrued expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses $5.75M USD Annual
Oil and natural gas property development costs in accrued expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses $3.41M USD 1 Quarter
Oil and natural gas property development costs in accrued expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses $6.25M USD Annual
Oil and natural gas property development costs in accrued expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses $10.41M USD 1 Quarter
Advances to operators applied to development of oil and natural gas properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties $21.91M USD 1 Quarter
Advances to operators applied to development of oil and natural gas properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties $103.53M USD Annual
Advances to operators applied to development of oil and natural gas properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties $48.39M USD Annual
Advances to operators applied to development of oil and natural gas properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties $26.30M USD 1 Quarter
Advances to operators applied to development of oil and natural gas properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties $38.31M USD Annual
Cash Cash $10.93M USD Point-in-time
Cash Cash $50.83M USD Point-in-time
Cash Cash $11.85M USD Point-in-time
Cash Cash $19.75M USD Point-in-time
Cash Cash $8.21M USD Point-in-time
Restricted cash included in other long-term assets RestrictedCashNoncurrent $300.00K USD Point-in-time
Restricted cash included in other long-term assets RestrictedCashNoncurrent $300.00K USD Point-in-time
Restricted cash included in other long-term assets RestrictedCashNoncurrent $300.00K USD Point-in-time
Restricted cash included in other long-term assets RestrictedCashNoncurrent $300.00K USD Point-in-time
Restricted cash included in other long-term assets RestrictedCashNoncurrent $300.00K USD Point-in-time
Cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.37M USD Point-in-time
Cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.23M USD Point-in-time
Cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.51M USD Point-in-time
Cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.05M USD Point-in-time
Cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $51.13M USD Point-in-time
Cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.15M USD Point-in-time
Stockholders Equity 40 line items
Line Item Tag Value Unit Period
Common stock dividend declared (in USD per share) CommonStockDividendsPerShareDeclared $0.11 USD 1 Quarter
Common stock dividend declared (in USD per share) CommonStockDividendsPerShareDeclared $0.08 USD Annual
Equity, Beginning Balance StockholdersEquity $645.06M USD Point-in-time
Equity, Beginning Balance StockholdersEquity $507.37M USD Point-in-time
Equity, Beginning Balance StockholdersEquity $622.40M USD Point-in-time
Equity, Beginning Balance StockholdersEquity $370.56M USD Point-in-time
Equity, Beginning Balance StockholdersEquity $324.37M USD Point-in-time
Equity, Beginning Balance StockholdersEquity $474.93M USD Point-in-time
Beginning balance, treasury stock (in shares) TreasuryStockCommonShares 311,133.00 shares Point-in-time
Beginning balance, treasury stock (in shares) TreasuryStockCommonShares 25,920.00 shares Point-in-time
Vesting shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 $1.29M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition $1.06M USD 1 Quarter
Cash distributions PartnersCapitalAccountDistributions $51.09M USD Annual
Cash distributions PartnersCapitalAccountDistributions $12.88M USD Annual
Contributed capital GeneralPartnersContributedCapital $47.00M USD Point-in-time
Contributed capital GeneralPartnersContributedCapital $83.00M USD Point-in-time
Net Income prior to Business Combination NetIncomeLossPriorToBusinessCombination $219.29M USD Annual
Recapitalization StockIssuedDuringPeriodValueOther $6.83M USD Annual
Issuance costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $18.51M USD Annual
Issuance of common stock warrants IssuanceOfStockAndWarrantsForServicesOrClaims $12.27M USD Annual
Issuance of vesting shares IssuanceOfSharesSubjectToVestingRestrictions $1.29M USD Annual
Deferred income tax liability at Business Combination EquityImpactOfDeferredIncomeTaxLiabilityAtBusinessCombination $78.74M USD Annual
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $229.00K USD Annual
Purchase of treasury stock TreasuryStockValueAcquiredCostMethod $1.80M USD 1 Quarter
Common stock dividend declared ($0.08 per share) DividendsCommonStock $14.64M USD 1 Quarter
Common stock dividend declared ($0.08 per share) DividendsCommonStock $10.66M USD Annual
Net income subsequent to the Business Combination NetIncomeSubsequentToBusinessCombination $43.05M USD Annual
Net income NetIncomeLoss $108.46M USD Annual
Net income NetIncomeLoss $36.87M USD 1 Quarter
Net income NetIncomeLoss $262.34M USD Annual
Net income NetIncomeLoss $-23.93M USD Annual
Net income NetIncomeLoss $32.44M USD 1 Quarter
Equity, Ending Balance StockholdersEquity $645.06M USD Point-in-time
Equity, Ending Balance StockholdersEquity $507.37M USD Point-in-time
Equity, Ending Balance StockholdersEquity $622.40M USD Point-in-time
Equity, Ending Balance StockholdersEquity $370.56M USD Point-in-time
Equity, Ending Balance StockholdersEquity $324.37M USD Point-in-time
Equity, Ending Balance StockholdersEquity $474.93M USD Point-in-time
Ending balance, treasury stock (in shares) TreasuryStockCommonShares 311,133.00 shares Point-in-time
Ending balance, treasury stock (in shares) TreasuryStockCommonShares 25,920.00 shares Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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