Granite Ridge Provides Q4 Operational Update, Says Total Production Averaged Approximately 26 Thousand Barrels Of Oil Equivalent Per Day; Oil Production For The Quarter Averaged Approximately 12 Thousand Barrels Of Oil Per Day
Portfolio Pulse from Benzinga Newsdesk
Granite Ridge (GRNT) reported its Q4 operational update, highlighting that its total production averaged around 26 thousand barrels of oil equivalent per day. Specifically, oil production for the quarter averaged about 12 thousand barrels per day.
February 02, 2024 | 11:58 am
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Granite Ridge's Q4 operational update shows a solid production performance, with total production averaging 26 thousand barrels of oil equivalent per day and oil production at 12 thousand barrels per day.
The reported production figures indicate a strong operational performance for Granite Ridge, which could positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
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