Granite Ridge loses controlled-company status after Grey Rock share deal

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Granite Ridge Resources, Inc. Announces Grey Rock Distribution and Appointment of Two Independent Directors

August 19, 2026 4:07 PM EDT

DALLAS--(BUSINESS WIRE)--

Granite Ridge Resources, Inc. (Granite Ridge or the Company) (NYSE: GRNT) today announced that affiliates of Grey Rock Investment Partners (Grey Rock) have distributed 14,000,000 shares of Granite Ridge common stock to the limited partners of Grey Rock Energy Fund III-A, LP, Grey Rock Energy Fund III-B, LP, and Grey Rock Energy Fund III-B Holdings, LP.

Following the distribution, Grey Rock and its affiliates beneficially own approximately 39% of Granite Ridges outstanding common stock. As a result, Granite Ridge is no longer a controlled company under New York... More