Executive Network Partnering Corp
NYSE:GRNT
Executive Network Partnering Corp
Executive Network Partnering Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar partnering transaction with one or more businesses. The company is headquartered in Boston, Massachusetts. The company went IPO on 2020-09-16. The firm was formed for the purpose of identifying a company to partner with, in order to effectuate a merger, share exchange, asset acquisition, share purchase, reorganization or similar partnering transaction with one or more businesses. The firm has not commenced its business.
Executive Network Partnering Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar partnering transaction with one or more businesses. The company is headquartered in Boston, Massachusetts. The company went IPO on 2020-09-16. The firm was formed for the purpose of identifying a company to partner with, in order to effectuate a merger, share exchange, asset acquisition, share purchase, reorganization or similar partnering transaction with one or more businesses. The firm has not commenced its business.
Strong Production Growth: Average daily production rose 27% year-over-year to 31,900 BOE per day in Q3.
Revenue & Profit Up: Q3 revenue was $112.7 million, up from $94.1 million last year; net income was $14.5 million.
Stable Dividends: Maintained quarterly dividend of $0.11 per share, annualized yield about 8.3%.
Liquidity Enhanced: Liquidity increased to $422 million after refinancing and a $350 million note issuance.
Capital Spending On Track: Full-year 2025 capital expenditure guidance held at $400–$420 million.
Guidance Maintained: Full-year production guidance unchanged at 31,000–33,000 BOE per day.
Flexible Strategy: Management will cut 2026 CapEx to $225 million if oil prices fall below $55 per barrel.
Cost Pressures: LOE per BOE rose to $8.03, higher than expected, due to increased saltwater disposal and service costs.
