Subsequent Events (Tables)

9 Months Ended

Sep. 30, 2025

Schedule of Derivative Activity by Volume

The following table sets forth the Company’s outstanding commodity derivative contracts as of September 30, 2025.


	Q4 2025		2026
Collar (oil)
Volume (Bbl)	698,000		2,104,980
Weighted-average floor price ($/Bbl)	$	60.00	$	60.00
Weighted-average ceiling price ($/Bbl)	$	77.13	$	70.44
Collar (natural gas)
Volume (Mcf)	3,820,615		10,506,446
Weighted-average floor price ($/Mcf)	$	3.43	$	3.48
Weighted-average ceiling price ($/Mcf)	$	4.23	$	4.25
Swaps (natural gas)
Volume (Mcf)	831,350		4,351,400
Weighted-average price ($/Mcf)	$	3.67	$	3.68

In October 2025, the Company entered into the following oil and natural gas derivative contracts to hedge additional amounts of estimated future production.


	Q4 2025		2026		2027
Collar (oil)
Volume (Bbl)	108,958		303,148		902,396
Weighted-average floor price ($/Bbl)	$	55.00	$	52.50	$	52.50
Weighted-average ceiling price ($/Bbl)	$	64.15	$	66.00	$	75.00
Swaps (oil)
Volume (Bbl)	210,180		357,224		452,936
Weighted-average price ($/Bbl)	$	60.92	$	60.33	$	60.21
Collar (natural gas)
Volume (Mcf)	1,137,884		1,981,058		3,332,922
Weighted-average floor price ($/Mcf)	$	3.50	$	3.57	$	4.00
Weighted-average ceiling price ($/Mcf)	$	4.62	$	4.71	$	5.15
Swaps (natural gas)
Volume (Mcf)	—		2,900,748		6,777,284
Weighted-average price ($/Mcf)	$	—	$	3.81	$	3.65

Granite Ridge Resources, Inc. 10-Q