Page 34 - Noble's Basic Industries Virtual Equity Conference 2024

Energy
Date September 19, 2024 Energy
52wk High $7.10
52wk Low $5.20 Granite Ridge Resources, In GRNT $6.47
5217 McKinney Avenue
Dallas, TX 75205

(USD - in millions) www.graniteridge.com
Market Cap 825.0
Enterprise 927.0
Basic Shares Out. 130.74 COMPANY OVERVIEW
Float 54.07
Institutional Holdings 27.34% Detailed Analysis:Channelchek.com
Short Interest 2.79
Avg. 90-Day Volume 0.45 Granite Ridge is a scaled, non-operated oil and gas exploration and
production company. We own a portfolio of wells and top-tier acreage
across the Permian and four other prolific unconventional basins
across the United States. Rather than drill wells ourselves, we increase
EPS Data asset diversity and decrease overhead by investing in a smaller piece
of a larger number of high-graded wells drilled by proven public and
2022 2023 2024 private operators. We create value by generating sustainable full-cycle
CQ1 N/A 0.21 0.12 risk adjusted returns for investors, offering a rewarding experience for
CQ2 N/A 0.19 0.13 our team, and delivering reliable energy solutions to all – safely and
responsibly.
CQ3 0.36 0.21 0.15
CQ4 0.38 0.20 0.14
CY 1.86 0.80 0.52 Source: Channelchek/QuoteMedia

Long-Term EPS Estimate 7.00
Price/Book (mrq) 5.09
ROE (ttm) 8.62
Debt-to-Total Cap. (mrq) 19.87
Fiscal Year End 31-Dec
5217 McKinne Dallas TX 75205

Key Executives
CEO: Brandenberg, Luke
CFO: Farquharson, Tyler
COO: N/A
IR: Ott, Michael
Noble Capital Markets, Inc.
Source: Capital IQ, Noble Financial estimates, company filings
Noble Senior Analyst 561-994-1191 noblecapitalmarkets.com
Mark Reichman MEMBERS: FINRA, SIPC, MSRB
mreichman@noblecapitalmarkets.com Following the conference, complete video library of presentations will be
available at: channelchek.com | nobleconference.com
(561) 999-2272

Refer to the back of the book for disclosures