04:46 PM EST, 03/06/2025 (MT Newswires) -- Granite Ridge Resources ( GRNT ) reported Q4 adjusted earnings late Thursday of $0.17 per diluted share, down from $0.20 a year earlier.

Analysts polled by FactSet expected $0.14, if comparable.

Revenue for the quarter that ended Dec. 31 was $106.3 million, slightly down from $106.8 million a year earlier.

Analysts surveyed by FactSet expected $100.4 million.

Shares of Granite Ridge traded 2.8% higher in after-hours activity.