Granite Ridge Resources (GRNT) Asset Writedowns and Impairment (2023 - 2026)
Granite Ridge Resources (GRNT) posted Asset Writedowns and Impairment of $11.2 million for Q1 2026, down 74.98% on a QoQ basis from $44.7 million in Q4 2025.
Granite Ridge Resources (GRNT) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends
Granite Ridge Resources' Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at $11.2 million for Q1 2026.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $11.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55.8 million (up 56.66% YoY) and the FY2025 annual result came in at $44.7 million, up 22.78% from the prior year.
- Asset Writedowns and Impairment was $11.2 million for Q1 2026 at Granite Ridge Resources, down from $44.7 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $44.7 million in Q4 2025 and bottomed at $732000.0 in Q1 2024.
- A 4-year average of $23.4 million and a median of $24.9 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment surged 42.91% — and 2025, when it climbed 25.3%.
- Granite Ridge Resources' Asset Writedowns and Impairment stood at $24.9 million in 2023, then jumped by 42.91% to $35.6 million in 2024, then increased by 25.3% to $44.7 million in 2025, then slumped by 74.98% to $11.2 million in 2026.
- Business Quant data shows GRNT's Asset Writedowns and Impairment at $11.2 million in Q1 2026, $44.7 million in Q4 2025, and $35.6 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.17 Mn |
| Mar 31, 2026 | 11.17 Mn |
| Dec 31, 2025 | 44.65 Mn |
| Dec 31, 2025 | 44.65 Mn |
| Dec 31, 2024 | 35.64 Mn |
| Dec 31, 2024 | 35.64 Mn |
| Mar 31, 2024 | 732,000.00 |
| Mar 31, 2024 | 732,000.00 |
| Dec 31, 2023 | 24.94 Mn |
| Dec 31, 2023 | 24.94 Mn |