Granite Ridge Resources (GRNT) Debt to Equity (2021 - 2026)
Granite Ridge Resources (GRNT) reported Debt to Equity of $0.78 for Q1 2026, up 85.77% on a YoY basis from $0.42 in Q1 2025, and up 22.83% quarter-over-quarter from $0.64 in Q4 2025.
Granite Ridge Resources (GRNT) Debt to Equity (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported Debt to Equity for 6 years, with the latest figure at $0.78 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 85.77% year-over-year to $0.78; the trailing twelve-month figure through Mar 2026 stood at $0.78 (up 85.77% YoY), and the FY2025 full-year result was $0.64, up 95.41% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.78, up from $0.64 in the prior quarter.
- The five-year high for Debt to Equity was $0.78 in Q1 2026, with the low at $0.0 in Q4 2022.
- Historically, Debt to Equity has averaged $0.28 across 5 years, with a median of $0.25 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity sank 96.32% — and 2023, when it surged 25140.92%.
- Granite Ridge Resources' Debt to Equity stood at $0.0 in 2022, then jumped by 25140.92% to $0.16 in 2023, then surged by 98.76% to $0.33 in 2024, then soared by 95.41% to $0.64 in 2025, then gained by 22.83% to $0.78 in 2026.
- The last three Debt to Equity figures came in at $0.78 (Q1 2026), $0.64 (Q4 2025), and $0.47 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 0.31 |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 0.36 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 0.26 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 0.40 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 0.38 |
| 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 | 0.03 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | 0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.78 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.25 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Dec 31, 2021 | 0.02 |