Granite Ridge Resources (GRNT) Capital Expenditures (2021 - 2026)

Granite Ridge Resources (GRNT) reported Capital Expenditures of $60.4 million for Q1 2026, down 9.52% on a YoY basis from $66.7 million in Q1 2025, and up 152.67% quarter-over-quarter from -$114.6 million in Q4 2025.

Granite Ridge Resources (GRNT) Capital Expenditures (2021 - 2026) Analysis & Trends

Granite Ridge Resources has reported Capital Expenditures for 6 years, with the latest figure at $60.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 9.52% year-over-year to $60.4 million; the trailing twelve-month figure through Mar 2026 stood at $112.1 million (down 67.95% YoY), and the FY2025 full-year result was $118.5 million, down 58.54% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $60.4 million, up from -$114.6 million in the prior quarter.
  • The five-year high for Capital Expenditures was $233.0 million in Q4 2023, with the low at -$114.6 million in Q4 2025.
  • Historically, Capital Expenditures has averaged $63.2 million across 5 years, with a median of $66.7 million in 2025.
  • The largest YoY upside for Capital Expenditures was 2440.08% in 2025 against a maximum downside of 224.05% in 2025.
  • Granite Ridge Resources' Capital Expenditures stood at $152.6 million in 2022, then soared by 52.62% to $233.0 million in 2023, then tumbled by 60.33% to $92.4 million in 2024, then plunged by 224.05% to -$114.6 million in 2025, then jumped by 152.67% to $60.4 million in 2026.
  • The last three Capital Expenditures figures came in at $60.4 million (Q1 2026), -$114.6 million (Q4 2025), and $68.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.81 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -1.53 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.95 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 153.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 25.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 933.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 598.51 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.14 Bn
10 Granite Ridge Resources 626.98 Mn 572.76 Mn - 60.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 60.38 Mn
Mar 31, 2026 60.38 Mn
Dec 31, 2025 -114.64 Mn
Dec 31, 2025 -114.64 Mn
Sep 30, 2025 68.60 Mn
Sep 30, 2025 68.60 Mn
Jun 30, 2025 97.81 Mn
Jun 30, 2025 97.81 Mn
Mar 31, 2025 66.73 Mn
Mar 31, 2025 66.73 Mn
Dec 31, 2024 92.42 Mn
Dec 31, 2024 92.42 Mn
Sep 30, 2024 172.51 Mn
Sep 30, 2024 172.51 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 232.96 Mn
Dec 31, 2023 232.96 Mn