Q3 should be out after Markets close tomorrow
should adjust the stock price ... we will see
they have already told us in the lastest release
Third quarter results
Granite did not drill a well in the third quarter and maintained average production of approximately 1,951 bbl per day (100 per cent oil), with capital expenditures of $700,000. The company had approximately $3.1-million of funds flow (net of $2.0-million in hedging losses) and paid $2.4-million in dividends. Granite did not take on additional debt in the quarter and exited with net debt of approximately $47.1-million.