Granite Ridge Resources: Elevated Lease Operating Expenses In Q1 2026
Source: SeekingAlpha
2026-05-15 21:59:31 ET
Granite Ridge Resources ( GRNT ) is dealing with some higher lease operating expenses and also increased its acquisitions budget by $25 million. These items (along with Granite Ridge's substantial hedging position at lower oil prices) results in a projection of $81 million in cash burn after dividends for it in 2026 now, despite strong oil prices. ...
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Granite Ridge Resources: Elevated Lease Operating Expenses In Q1 2026
Granite Ridge Resources Inc.
NASDAQ: GRNT
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