Granite Ridge Resources (GRNT) Capital Expenditures (2021 - 2026)
Granite Ridge Resources (GRNT) posted Capital Expenditures of $60.4 million for Q1 2026, down 75.23% on a QoQ basis from $243.7 million in Q4 2025, and up 74.04% year-over-year from $34.7 million in Q1 2025.
Granite Ridge Resources (GRNT) Capital Expenditures (2021 - 2026) Analysis & Trends
Granite Ridge Resources' Capital Expenditures history runs 6 years deep, the most recent figure standing at $60.4 million for Q1 2026.
- Quarterly Capital Expenditures rose 74.04% year-over-year to $60.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $326.5 million (up 2.7% YoY) and the FY2025 annual result came in at $300.8 million, up 5.24% from the prior year.
- Capital Expenditures was $60.4 million for Q1 2026 at Granite Ridge Resources, down from $243.7 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $243.7 million in Q4 2025 and bottomed at -$19.1 million in Q2 2022.
- A 5-year average of $62.9 million and a median of $34.7 million in 2025 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures plunged 93.1% — and 2025, when it surged 1220.59%.
- Granite Ridge Resources' Capital Expenditures stood at $41.6 million in 2022, then increased by 8.85% to $45.3 million in 2023, then jumped by 416.67% to $233.8 million in 2024, then increased by 4.24% to $243.7 million in 2025, then slumped by 75.23% to $60.4 million in 2026.
- Business Quant data shows GRNT's Capital Expenditures at $60.4 million in Q1 2026, $243.7 million in Q4 2025, and $12.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.95 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 153.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 933.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.55 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 650.17 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 839.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 707.00 Mn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | 60.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.38 Mn |
| Mar 31, 2026 | 60.38 Mn |
| Dec 31, 2025 | 243.72 Mn |
| Dec 31, 2025 | 243.72 Mn |
| Sep 30, 2025 | 12.19 Mn |
| Sep 30, 2025 | 12.19 Mn |
| Jun 30, 2025 | 10.17 Mn |
| Jun 30, 2025 | 10.17 Mn |
| Mar 31, 2025 | 34.69 Mn |
| Mar 31, 2025 | 34.69 Mn |
| Dec 31, 2024 | 233.80 Mn |
| Dec 31, 2024 | 233.80 Mn |
| Sep 30, 2024 | 31.13 Mn |
| Sep 30, 2024 | 31.13 Mn |
| Jun 30, 2024 | 18.24 Mn |
| Jun 30, 2024 | 18.24 Mn |
| Mar 31, 2024 | 2.63 Mn |
| Mar 31, 2024 | 2.63 Mn |
| Dec 31, 2023 | 45.25 Mn |
| Dec 31, 2023 | 45.25 Mn |