Granite Ridge Resources, Inc. (NYSE:GRNT) Q3 2022 Results Conference Call November 14, 2022 11:00 AM ET
Company Participants
Scott Espenshade - IR
Luke Brandenberg - President and CEO
Tyler Farquharson - CFO
Operator
Good morning, and welcome to Granite Ridge Resources Third Quarter 2022 Results Conference Call. All participants are in a listen only mode. As a reminder, this conference call is being recorded.
I would now like to turn the call over to Scott Espenshade, Investor Relations. Please go ahead.
Scott Espenshade
Thank you. I am Scott Espenshade, Investor Relations representative of Granite Ridge. Welcome to Granite Ridge Resources’ first conference call as a public company. Today we will be discussing the combined pro forma third quarter 2022 financial and operation information, compiled from Grey Rock’s three investment funds being shown as Grant Ridge for the conference call.
Participating on today's call is Luke Brandenberg, President and Chief Executive Officer of Granite Ridge; and Tyler Farquharson, Chief Financial Officer.
Please note that the third quarter information in our 10-Q reflects only the financial results and operations of Grey Rock’s Fund III as predecessor in the business combination. Granite Ridge did not conduct any activity prior to the business combination on October 24, 2022 and the predecessor, Grey Rock Energy Fund III became a subsidiary of Granite Ridge upon the closing of various formation transactions completed concurrently with the business combination.
As a result, Granite Ridge results for the fourth quarter 2022 will not be comparable to the third quarter displayed in the current 10-Q. For the purposes of presenting Granite Ridge's third quarter results in today's call, Granite Ridge is presenting a summary of selected unaudited pro forma condensed combined operating and financial results for the three months ended September 30, 2022 and 2021, respectively for Grey Rock Funds I, II and III, the assets of which together with the cash remaining in ENPC's trust account following the stockholder redemptions, constitute the assets of Granite Ridge following the business combination.
Today's call was pre-recorded and the playback will be available on Grand Ridge's website. Due to the nature and timing of the business combination, we will not be hosting a question-and-answer session on this call but intend to enhance disclosure as reporting normalizes for Granite Ridge.
Information reconciling non-GAAP financial measures discussed to the most directly comparable GAAP financial measures is available in the Investor Relations portion of our website and in our earnings release.