Granite Ridge Resources (GRNT) Depreciation and Depletion (2022 - 2026)

Granite Ridge Resources (GRNT) reported Depreciation and Depletion of $54.7 million for Q1 2026, up 13.49% on a YoY basis from $48.2 million in Q1 2025, and down 4.03% quarter-over-quarter from $57.0 million in Q4 2025.

Granite Ridge Resources (GRNT) Depreciation and Depletion (2022 - 2026) Analysis & Trends

Granite Ridge Resources has reported Depreciation and Depletion for 5 years, with the latest figure at $54.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation and Depletion rose 13.49% year-over-year to $54.7 million; the trailing twelve-month figure through Mar 2026 stood at $221.1 million (up 20.44% YoY), and the FY2025 full-year result was $214.8 million, up 21.68% from the prior year.
  • Depreciation and Depletion for Q1 2026 stood at $54.7 million, down from $57.0 million in the prior quarter.
  • The five-year high for Depreciation and Depletion was $57.0 million in Q4 2025, with the low at $16.1 million in Q1 2022.
  • Historically, Depreciation and Depletion has averaged $41.9 million across 5 years, with a median of $43.9 million in 2024.
  • Annual changes were most pronounced in 2023 — Depreciation and Depletion surged 119.68% — and 2024, when it retreated 0.83%.
  • Granite Ridge Resources' Depreciation and Depletion stood at $21.7 million in 2022, then surged by 119.68% to $47.6 million in 2023, then rose by 4.78% to $49.8 million in 2024, then grew by 14.34% to $57.0 million in 2025, then retreated by 4.03% to $54.7 million in 2026.
  • The last three Depreciation and Depletion figures came in at $54.7 million (Q1 2026), $57.0 million (Q4 2025), and $55.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - -
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn -
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn -
4 Eog Resources 72.59 Bn 68.74 Bn - -
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn -
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn -
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn -
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn -
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn -
10 Granite Ridge Resources 642.00 Mn 587.78 Mn - 54.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.70 Mn
Mar 31, 2026 54.70 Mn
Dec 31, 2025 57.00 Mn
Dec 31, 2025 57.00 Mn
Sep 30, 2025 55.95 Mn
Sep 30, 2025 55.95 Mn
Jun 30, 2025 53.41 Mn
Jun 30, 2025 53.41 Mn
Mar 31, 2025 48.20 Mn
Mar 31, 2025 48.20 Mn
Dec 31, 2024 49.85 Mn
Dec 31, 2024 49.85 Mn
Sep 30, 2024 43.90 Mn
Sep 30, 2024 43.90 Mn
Jun 30, 2024 41.59 Mn
Jun 30, 2024 41.59 Mn
Mar 31, 2024 40.94 Mn
Mar 31, 2024 40.94 Mn
Dec 31, 2023 47.57 Mn
Dec 31, 2023 47.57 Mn