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Granite Ridge Resources (GRNT) guidance and outlook
Granite Ridge Resources (GRNT) raised its guidance on Nov 5, 2026: Revenue +51.5% to +52.5% for FY2026; Capital expenditures $345M–$385M for FY2026. Granite Ridge Resources' 10-Q filed Nov 5, 2026 makes 18 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +51.5% to +52.5% | raised |
| Capital expenditures | FY2026 | $300M–$330M | new |
| Capital expenditures | FY2026 | $345M–$385M | reaffirmed |
| Operating expenses | FY2026 | $9.2M–$9.8M | new |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- We aim to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded opportunities developed by proven public and private operators.
- Historically, commodity prices have been volatile, and we expect that volatility to continue in the future.
- Although we cannot predict the occurrence of events that may affect future commodity prices, or the degree to which these prices will be affected, the prices for any commodity that we produce will generally approximate current market prices in the geographic region of the production.
- From time to time, we expect that we may hedge a portion of our commodity price risk to mitigate the impact of price volatility on our business.
- To the extent the future commodity price outlook declines between measurement periods, we will have mark-to-market gains; while to the extent future commodity price outlook increases between measurement periods, we will have mark-to-market losses.
- With our cash on hand, cash flow from operations, senior unsecured notes and borrowing capacity under the Credit Agreement, we believe that we will have sufficient cash flow and liquidity to fund our budgeted capital expenditures and operating expenses for at least the next twelve months.
- We cannot assure you that any additional capital will be available to us on favorable terms or at all.
- We expect to fund our near-term capital requirements and working capital needs with cash on hand, cash flows from
- Our capital expenditures could be curtailed if our cash flows decline from expected levels.
- Any payment of future dividends will be at the discretion of the Company’s Board of Directors.
- The timing, as well as the number and value of shares repurchased under the program, will be determined by the Company at its discretion and will depend on a variety of factors, including the market price of the Company’s common stock, general market and economic conditions, available liquidity, compliance with the Company’s debt and other agreements, applicable legal requirements, and other considerations.
- Under the 2029 Senior Notes, the Company must maintain a minimum hedging requirement included within the Senior Notes for oil and natural gas based on our proved developed producing projected volumes for each commodity on a rolling 18-month basis.
Granite Ridge Resources' latest quarter
Granite Ridge Resources, Q3 2026: revenue $177M (+57% year over year), operating margin 33.4%, net loss $10.1M, operating cash flow $87.7M. The chart follows the revenue to costs, profit and cash.
Questions
Did Granite Ridge Resources raise or lower its guidance?
Granite Ridge Resources (GRNT) raised its guidance on Nov 5, 2026: Revenue +51.5% to +52.5% for FY2026; Capital expenditures $345M–$385M for FY2026.
What does Granite Ridge Resources expect?
We aim to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded opportunities developed by proven public and private operators. Historically, commodity prices have been volatile, and we expect that volatility to continue in the future. Although we cannot predict the occurrence of events that may affect future commodity prices, or the degree to which these prices will be affected, the prices for any commodity that we produce will generally approximate current market prices in the geographic region of the production.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.