Granite Ridge Resources (GRNT) Asset Writedowns and Impairment (2023 - 2026)
Granite Ridge Resources' (GRNT) quarterly Asset Writedowns and Impairment came in at $11.2 million in 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 (GRNT) has 4 years of Asset Writedowns and Impairment data on file, last reported at $11.2 million in 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 eased to $11.2 million in Q1 2026, from $44.7 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $44.7 million in Q4 2025 to a low of $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 rose 25.3%.
- Tracing GRNT's Asset Writedowns and Impairment over 4 years: stood at $24.9 million in 2023, then surged by 42.91% to $35.6 million in 2024, then climbed by 25.3% to $44.7 million in 2025, then plunged by 74.98% to $11.2 million in 2026.
- The last three Asset Writedowns and Impairment figures came in at $11.2 million (Q1 2026), $44.7 million (Q4 2025), and $35.6 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Granite Ridge Resources | 669.72 Mn | 624.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.15 Mn |
| Jun 30, 2026 | 9.15 Mn |
| 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 |