FeesSafety
Pluang+

Granite Ridge Resources' adjusted EBITDA rises $28M on higher oil output and gas prices in Q3 2026

Company Fundamentals
07 Nov 2026, 01:12 WIB
Seeking Alpha
View Source
Bullish
Granite Ridge Resources' adjusted EBITDA rises $28M on higher oil output and gas prices in Q3 2026

Granite Ridge Resources reported a $28 million increase in adjusted EBITDA for Q3 2026, driven by a 16% rise in oil production and better natural gas prices. The company expects further improvements in 2027 due to favorable hedges and increased production. However, lease operating expenses remain a concern, with guidance for these costs revised upward for 2026. This performance highlights the company's operational gains despite cost challenges.

Granite Ridge Resources reported a $28 million increase in adjusted EBITDA for Q3 2026, reflecting operational gains despite cost challenges. For readers following the energy sector, here is Pluang's market snapshot as of Nov 07, 2026 06:31 WIB: out of 79 priced US energy stocks, 47 rose and 32 fell. Notable movers include CCJ at USD 71.76 (+5.02%, typical hold time 18 days), NXT at USD 104.55 (+4.99%, with 100% sell orders), and DK at USD 65.36 (+4.74%, typical hold time 7 days).

More News

Arcutis grants stock units and options to new hires as inducement under Nasdaq rules

Arcutis grants stock units and options to new hires as inducement under Nasdaq rules

Arcutis Biotherapeutics awarded 58,500 restricted stock units and options for 17,000 shares to six new employees as an inducement to join the company. The grants, approved under Nasdaq Listing Rule 5635(c)(4), vest over four years with specific sched...

Company Fundamentals
Neutral
2 hours ago
for KING + COUNTRY releases Drummer Boy soundtrack alongside Christmas film debut

for KING + COUNTRY releases Drummer Boy soundtrack alongside Christmas film debut

The music duo for KING + COUNTRY released the Drummer Boy (Original Motion Picture Soundtrack) to coincide with the nationwide launch of their Christmas film DRUMMER BOY. The soundtrack features original songs by Joel and Luke Smallbone, reimagined C...

Others
Neutral
4 hours ago
HMG Strategy hosts inaugural Tennessee C-Level Tech Leadership Summit in Nashville on Nov 13.

HMG Strategy hosts inaugural Tennessee C-Level Tech Leadership Summit in Nashville on Nov 13.

HMG Strategy is holding its first Tennessee C-Level Technology Leadership Summit on November 13 at W Nashville, bringing together CIOs, CISOs, CTOs, and senior tech executives from across Tennessee and the Mid-South. The summit will focus on AI, cybe...

Others
Neutral
4 hours ago
Apple's iOS keyboard blocks autocomplete for 100,000+ words, including offensive and political phrases.

Apple's iOS keyboard blocks autocomplete for 100,000+ words, including offensive and political phrases.

Researcher Derik Kauffman revealed that Apple's iOS keyboard uses a secret 'gray list' of over 100,000 words and phrases that it blocks from autocomplete and swipe-typing suggestions. The list includes vulgar, offensive, drug-related, and politically...

Market News
Neutral
5 hours ago
Calumet beats Q3 estimates with EPS $2.91 and $347M EBITDA, driven by Specialty Products strength.

Calumet beats Q3 estimates with EPS $2.91 and $347M EBITDA, driven by Specialty Products strength.

Calumet reported a strong Q3 performance, surpassing analyst expectations with an EPS of $2.91 versus the estimated $1.63, and EBITDA of $347 million compared to the expected $269 million. The Specialty Products segment benefited from limited global ...

Company Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App