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
DateValue
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