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Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge

Source: seekingalpha.com

Company FundamentalsCorporate Guidance & Outlook
Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge

Granite Ridge's lease operating expenses rose to more than $10 per BOE in Q2 2026, up 33% from Q4 2025, driven by higher saltwater disposal and contract labor costs. The company expects increased production and cost-management efforts to reduce per-BOE costs in the second half of 2026 and in 2027.

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