(Source: Shutterstock)
E&P Granite Ridge Resources Inc.’s board of directors declared a regular quarterly dividend of $0.11 per share, according to a Nov. 17 press release.
The dividend is payable on Dec. 15 to shareholders of record by Dec. 1.
Recommended Reading
$70, $80, $90? No Matter WTI Price, Production to Creep Along
2023-09-25 - As public E&Ps hold fast with capital discipline, even exuberant prices might not be enough to substantially bump up production, although private operators remain a wild card, analysts said.
US Drillers Cut Oil and Gas Rigs for Third Quarter in a Row
2023-09-29 - The oil and gas rig count, an early indicator of future output, fell by seven to 623 in the week to Sept. 29.
Guyana’s Local Content Act Yet to Negatively Impact IOCs
2023-09-19 - The Guyanese government anticipates its petroleum sector will need at least 150,000 skilled laborers over the next two to five years to meet this demand.
TotalEnergies, APA Eye $9B FID in Suriname’s Block 58
2023-09-14 - TotalEnergies and APA Corp. have launched development studies offshore Suriname in Block 58 and eye the start of detailed engineering studies by end 2023 and a $9 billion FID by year-end 2024.
TotalEnergies Eyes New South America, Africa Cash Flow Potential
2023-10-29 - TotalEnergies SE CEO Patrick Pouyanné believes recent exploration successes in South America and Africa hold potential to boost the French company’s production and cash flow.