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Granite Ridge Resources Targets 10% Production Growth, Authorizes $35 Million Buyback

The company also posted $177.21 million in third-quarter revenue and non-GAAP earnings per share of $0.17.

A pumpjack stands over a gravel well pad at sunrise / TokenPost.ai
A pumpjack stands over a gravel well pad at sunrise / TokenPost.ai

Granite Ridge Resources (GRNT) set a 10% production growth target for 2027 and authorized a $35 million share repurchase program, outlining an operating goal alongside a capital-return measure.

The company’s earlier third-quarter results included $177.21 million in revenue and non-GAAP earnings per share of $0.17.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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