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GRNT – Granite Ridge Resources Inc

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Granite Ridge Resources, Inc. is an oil and gas exploration and production company. It owns a portfolio of wells and top-tier acreage across the Permian and four other prolific unconventional basins across the United States. It holds interests in wells in core operating areas of the Permian, Eagle Ford, Bakken, Haynesville and Denver-Julesburg (DJ) plays. It owns an interest in approximately 2,357 gross (132.88 net) producing wells, 258,694. The Permian Basin extends from southeastern New Mexico into west Texas. The Permian Basin consists of mature legacy onshore oil and liquids-rich natural gas reservoirs. The Eagle Ford shale formation stretches across south Texas and includes Austin Chalk and Buda formations. The Haynesville Basin is a premier natural gas basin located in Northwestern Louisiana and East Texas. The DJ basin is a geologic basin centered in eastern Colorado stretching into southeast Wyoming, western Nebraska and western Kansas.

AAOIFI ✓

Debt ÷ Market cap (MC)10.32
Non-Compliant Assets ÷ MC0.26

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