Since its 2022 business combination, Granite Ridge Resources, Inc. has built a diversified portfolio across six prolific U.S. basins, focusing on high-graded drilling inventory and near-term development projects. The company’s historical performance shows steady net income gains despite operating income decline, underpinned by disciplined capital allocation and active commodity price hedging. Looking forward, planned capital expenditures near $320–$360 million in 2026 aim to sustain production growth, funded by strong operating cash flow and ample liquidity. Granite Ridge maintains a prudent leverage profile anchored by $400 million of long-term debt with manageable covenants, while returning capital through quarterly dividends and a recently concluded buyback program.