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| Date | Value |
|---|---|
| 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 |