Granite Ridge Resources Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
GRNT$5.67+7.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Equity
| Three Months Ended September 30, 2024 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Issued · AdditionalPaid-inCapital · RetainedEarnings · Treasury Stock · Total Stockholders'Equity | |||||||||||
| (in thousands) · Shares · Amount · Shares · Amount | |||||||||||
| As of June 30, 2024 | 136,424 | $14 | $654,269 | $47,380 | (5,680) | $(36,342) | $665,321 | ||||
| Stock-based compensation | — | — | 588 | — | — | — | 588 | ||||
| Common stock dividend declared ($0.11 per share) | — | — | — | (14,383) | — | — | (14,383) | ||||
| Net income | — | — | — | 9,054 | — | — | 9,054 | ||||
| As of September 30, 2024 | 136,424 | $14 | $654,857 | $42,051 | (5,680) | $(36,342) | $660,580 | ||||
| Three Months Ended September 30, 2023 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Issued · AdditionalPaid-inCapital · RetainedEarnings · Treasury Stock · Total Stockholders'Equity | ||||||||||||
| (in thousands) · Shares · Amount · Shares · Amount | ||||||||||||
| As of June 30, 2023 | 135,949 | $14 | $609,909 | $48,610 | (972) | $(6,208) | $652,325 | |||||
| Stock-based compensation | — | — | 379 | — | — | — | 379 | |||||
| Purchase of treasury stock | — | — | — | — | (868) | (6,366) | (6,366) | |||||
| Common stock dividend declared ($0.11 per share) | — | — | — | (14,809) | — | — | (14,809) | |||||
| Common stock issued in warrant exchange | 104 | — | 689 | — | — | — | 689 | |||||
| Common stock issued for exercise of warrants | 1 | — | 5 | — | — | — | 5 | |||||
| Net income | — | — | — | 17,957 | — | — | 17,957 | |||||
| As of September 30, 2023 | 136,054 | $14 | $610,982 | $51,758 | (1,840) | $(12,574) | $650,180 | |||||
| Nine Months Ended September 30, 2024 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Issued · AdditionalPaid-inCapital · RetainedEarnings · Treasury Stock · Total Stockholders'Equity | ||||||||||||
| (in thousands) · Shares · Amount · Shares · Amount | ||||||||||||
| As of January 1, 2024 | 136,041 | $14 | $653,174 | $54,782 | (5,678) | $(36,325) | $671,645 | |||||
| Grants of restricted stock | 383 | — | — | — | — | — | — | |||||
| Stock-based compensation | — | — | 1,683 | — | — | — | 1,683 | |||||
| Purchase of treasury stock | — | — | — | — | (2) | (17) | (17) | |||||
| Common stock dividend declared ($0.33 per share) | — | — | — | (43,112) | — | — | (43,112) | |||||
| Net income | — | — | — | 30,381 | — | — | 30,381 | |||||
| As of September 30, 2024 | 136,424 | $14 | $654,857 | $42,051 | (5,680) | $(36,342) | $660,580 | |||||
| Nine Months Ended September 30, 2023 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Issued · AdditionalPaid-inCapital · RetainedEarnings · Treasury Stock · TotalStockholders' Equity | |||||||||||
| (in thousands) · Shares · Amount · Shares · Amount | |||||||||||
| As of December 31, 2022 | 133,295 | $13 | $590,232 | $32,388 | (26) | $(229) | $622,404 | ||||
| Adoption of ASU No. 2016 -13 (Note 2) | — | — | — | (118) | — | — | (118) | ||||
| As of January 1, 2023 | 133,295 | $13 | $590,232 | $32,270 | (26) | $(229) | $622,286 | ||||
| Grants of restricted stock | 403 | — | — | — | — | — | — | ||||
| Cancellation of vesting shares | (221) | — | — | — | — | — | — | ||||
| Vesting shares | — | — | 1,287 | — | — | — | 1,287 | ||||
| Stock-based compensation | — | — | 1,813 | — | — | — | 1,813 | ||||
| Purchase of treasury stock | — | — | — | — | (1,814) | (12,345) | (12,345) | ||||
| Common stock dividend declared ($0.33 per share) | — | — | — | (44,072) | — | — | (44,072) | ||||
| Common stock issued in warrant exchange | 2,576 | 1 | 17,645 | — | — | — | 17,646 | ||||
| Common stock issued for exercise of warrants | 1 | — | 5 | — | — | — | 5 | ||||
| Net income | — | — | — | 63,560 | — | — | 63,560 | ||||
| As of September 30, 2023 | 136,054 | $14 | $610,982 | $51,758 | (1,840) | $(12,574) | $650,180 | ||||
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