Granite Ridge Resources (GRNT) Capital Expenditures (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Capital Expenditures came in at $60.4 million in Q1 2026, up 74.04% YoY from $34.7 million in Q1 2025, and down 75.23% on a QoQ basis from $243.7 million in Q4 2025.
Granite Ridge Resources (GRNT) Capital Expenditures (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 6 years of Capital Expenditures data on file, last reported at $60.4 million in 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 fell to $60.4 million in Q1 2026, from $243.7 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $243.7 million in Q4 2025 to a low of -$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 sank 93.1% — and 2025, when it surged 1220.59%.
- Tracing GRNT's Capital Expenditures over 5 years: stood at $41.6 million in 2022, then climbed by 8.85% to $45.3 million in 2023, then surged by 416.67% to $233.8 million in 2024, then climbed by 4.24% to $243.7 million in 2025, then plunged by 75.23% to $60.4 million in 2026.
- The last three Capital Expenditures figures came in at $60.4 million (Q1 2026), $243.7 million (Q4 2025), and $12.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | -1.72 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.32 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 1.59 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 650.17 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 102.81 Mn |
| 10 | Granite Ridge Resources | 669.72 Mn | 624.73 Mn | - | 62.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.22 Mn |
| Jun 30, 2026 | 62.22 Mn |
| 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 |