Granite Ridge Resources, Inc. announced the successful completion of its semi-annual borrowing base redetermination and entry into the third amendment to the Company?s existing credit agreement (the ?Third Amendment?). Increased the borrowing base from $275 million to $300 million; Raised the aggregate elected commitments by 25% to $300 million; Appointed Bank of America, N.A. as successor Administrative Agent and L/C Issuer; and Expanded the lender syndicate by adding nine new banks. The next regularly scheduled bank redetermination for the Company is scheduled to occur during the fall of 2024.
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5-day change | 1st Jan Change | ||
6.79 USD | 0.00% |
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+6.26% | +12.79% |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+12.79% | 888M | |
+4.31% | 286B | |
+75.77% | 143B | |
-2.53% | 133B | |
+13.40% | 77.88B | |
+6.61% | 73.66B | |
+2.48% | 54.51B | |
+2.96% | 45.37B | |
-6.83% | 37.07B | |
+31.65% | 36.95B |
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