Granite Ridge Resources (NYSE:GRNT) (NYSE: GRNT) is a pure-play natural gas midstream company that provides gathering, processing, transportation and marketing services to producers across key U.S. basins. The company owns and operates an integrated network of pipelines, processing plants, compression stations and dehydration facilities designed to optimize the value of natural gas and natural gas liquids (NGLs) for its customers. With a focus on efficiency and reliability, Granite Ridge Resources supports producers by connecting raw wellhead volumes to takeaway infrastructure and end-user markets.
At the heart of Granite Ridge Resources’ operations are its natural gas gathering and processing systems. The company’s processing plants separate methane from NGL streams such as ethane, propane and butane, which are then fractionated, stored and delivered to regional and national markets. Granite Ridge Resources also offers third-party transportation and marketing services, leveraging strategic pipeline interconnects to provide flexible access to liquefied natural gas (LNG) export facilities, bleach plants and petrochemical complexes.
Granite Ridge Resources began trading publicly through a spin-off transaction in mid-2023, when it was separated from its parent company to create a standalone midstream platform. Since its inception, the company has pursued both organic expansion and targeted joint ventures to enhance its footprint in high-growth areas. Investment in pipeline loop projects, cryogenic processing trains and compressor upgrades has increased throughput capacity, while acreage dedications with producers have secured long-term volume commitments.
Headquartered in Houston, Granite Ridge Resources serves producing regions including the Delaware and Midland basins of West Texas, the Eagle Ford shale in South Texas and select areas of the Rockies. The company is led by a management team with decades of combined experience in midstream energy, supported by a board of directors with deep expertise in the hydrocarbon value chain. Granite Ridge Resources continues to prioritize safety, environmental stewardship and operational excellence as it seeks to meet evolving customer needs and market dynamics.
