Granite Ridge Resources Inc. today reported financial and operating results for the second quarter 2023 and provided an updated outlook for 2023.
Second Quarter 2023 Highlights
Grew production. -Today at 04:15 pm- MarketScreener
Granite Ridge Resources Inc Reports Second-Quarter 2023 Results and Provides Updated Outlook for 2023 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Second Quarter Highlights: Averaged net production of 2.1 bcfe per day, a 6% increase year-over-year, while increasing NGL and oil production by 20% and 28%,.
Updates 2023 EBITDA and Raises Free Cash Flow Guidance
Loss from continuing operations for the second quarter of $16 million, an improvement of $9 million, or 36 percent, over prior year.