Granite Ridge Resources Sees FY24 Total Capital Expenditures $355M-$365M
Portfolio Pulse from Benzinga Newsdesk
Granite Ridge Resources has announced its forecast for FY24 total capital expenditures, which are expected to be between $355 million and $365 million.
August 08, 2024 | 9:07 pm
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Granite Ridge Resources has announced its forecast for FY24 total capital expenditures, which are expected to be between $355 million and $365 million.
The announcement of capital expenditures provides insight into the company's investment plans and financial health. However, without additional context on how these expenditures will be funded or their expected returns, the immediate impact on the stock price is neutral.
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