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Granite Ridge Resources Surges on Strong Output, Dividends
Published 2 days, 3 hours ago
Description
Granite Ridge Resources shares surged 5.6% following their Q1 2026 update, reporting an 18% increase in oil production to 34,467 barrels per day and steady adjusted EBITDAX at $71 million. Despite a rough Q4 2025, investors are optimistic about the operational rebound, with the stock up 12.3% YTD to $5.26.
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