{
  "docId": "019de516-76c1-76cc-bc73-951cf1288124",
  "docSlug": "9e111796aa7a12ef1b754ee5556dcc87",
  "documentTitle": "Granite Ridge | Investor Presentation Deck | 29 slides",
  "authorId": "granite-ridge",
  "authorName": "Granite Ridge Resources",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 2,
  "pageCount": 29,
  "prevPage": 1,
  "nextPage": 3,
  "slideType": "key_messages",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 6,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de516-76c1-76cc-bc73-951cf1288124/2",
  "deckHref": "/decks/019de516-76c1-76cc-bc73-951cf1288124",
  "deckJsonHref": "/decks/019de516-76c1-76cc-bc73-951cf1288124.json",
  "deckAnchorHref": "/decks/019de516-76c1-76cc-bc73-951cf1288124#slide-2",
  "components": [
    {
      "bbox": {
        "h": 0.296,
        "w": 0.402,
        "x": 0.567,
        "y": 0.509
      },
      "kind": "list",
      "text": "Total Shareholder Returns\nCapital returns\nFixed dividend – annualized $0.44/share 1\nStock buybacks – $50MM repurchase plan\nResponsible Growth\nActive operators – ~13% production growth 2\nHighly scalable – cost structure largely fixed; growth has minimal impact on overhead\nNot \"flooding the market” – increase in GRNT production does not necessarily grow U.S. production, just our share of it",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "33b27475-a252-469e-a5d0-df11229fa8ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.209,
        "w": 0.44,
        "x": 0.037,
        "y": 0.267
      },
      "kind": "list",
      "text": "Non-Op - A Better Way to Invest in Oil & Gas\nDecreased risk – participate with a smaller piece of a larger number of wells\nAsset diversity – own an interest in over 2,500 gross wells across Permian, Eagle Ford, Haynesville, DJ and Bakken\nAccelerated development – high-quality near-term drilling rather than long-dated inventory",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "39af3bc5-28ed-4928-a2c0-ed34effc1d6a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.209,
        "w": 0.402,
        "x": 0.567,
        "y": 0.267
      },
      "kind": "list",
      "text": "Access to Private Operators\nBroaden exposure – significant high-quality inventory is in the hands of private operators, particularly in the Permian\nBlue chip partners – anticipate 2023 new wells turned to sales from private operators including Endeavor, Greenlake, Henry Resources, Mewbourne, Rosewood and Mitsui",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "91f28f10-62ab-40b2-8182-03e6a7c86f97",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.296,
        "w": 0.44,
        "x": 0.037,
        "y": 0.509
      },
      "kind": "list",
      "text": "Conservative Balance Sheet\nConservative leverage – 0.13x net debt to TTM Adjusted EBITDAX at 6/30/2023\nControl of capital – elect to participate in drilling on a well-by-well basis\nLimited liabilities – not burdened by long-term contracts and drilling obligations common to operators\nPrepared for volatility – not forced to hedge at low prices, allows for counter-cyclical investment opportunities",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a32f25e7-3218-4b76-86b8-d3dea6e2e306",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.025,
        "w": 0.559,
        "x": 0.048,
        "y": 0.96
      },
      "kind": "source-note",
      "text": "1. Future dividends are subject to approval by the Granite Ridge board of directors and credit agreement restrictions.\n2. At midpoint of guidance.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a6d1bcc0-563c-4d00-bf93-31f7dffa5c20",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.96,
        "x": 0.02,
        "y": 0.862
      },
      "kind": "title",
      "text": "Granite Ridge seeks to tighten the band of outcomes in oil & gas investing through high diversification, low leverage and disciplined investment underwriting",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2809932d-9492-4759-9474-1df4be7ed033",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.536,
        "x": 0.232,
        "y": 0.14
      },
      "kind": "title",
      "text": "Key Investment Highlights",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "54b98d66-bfb7-4de5-b53a-2af6dcdc8715",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "AIDA Model",
      "slug": "aida-model",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "9b2435cb-bd67-48c5-b8fa-a9f65eb26e07",
      "evidence": "The slide presents a clear and concise overview of the key investment highlights, attention-grabbing title, and categorized information which aligns with the AIDA model's structure.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "action-titles",
      "slug": null,
      "matchId": "d28e9720-4cdb-402c-9bf2-b3cf6de0b217",
      "evidence": "action-title",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}