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
DateValue
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