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

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51742
Published: 2026-11-08T18:26:55.000Z
Updated: 2026-11-08T18:26:55.000Z
Section: Business

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

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](<https://www.tokenpost.com/news/business/50883>) included $177.21 million in revenue and non-GAAP earnings per share of $0.17.



## Links in this article

- [third-quarter results](https://www.tokenpost.com/news/business/50883)
