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Granite Ridge Resources Inc. (GRNT) is a non-operated oil and gas exploration and production company. It has a diversified portfolio of production and top-tier acreage through partnerships with proven operators across five basins: Permian, Eagle Ford, Bakken, Haynesville, and DJ Basin. The company is a hybrid entity, combining the asset-based approach of an oil and gas company with the investment strategy of a private equity firm. This positioning aims to tighten the outcomes in oil and gas investing and generate asymmetric upside through high diversification. By not operating wells directly, Granite Ridge focuses on creating value through investments while avoiding the high overhead typical of traditional oil and gas operators. The company is headquartered in Dallas, Texas, and its shares are listed on the NYSE.
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Ticker symbol
GRNT
Country
🇺🇸 United States