Granite Ridge Resources (GRNT) Depreciation and Depletion (2022 - 2026)
Granite Ridge Resources (GRNT) reported Depreciation and Depletion of $52.67 million for Q2 2026, down 1.4% from $53.41 million a year earlier and down 4.2% from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Depreciation and Depletion (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Granite Ridge Resources' Depreciation and Depletion came in at $221.49 million, up 13.1% year-over-year; for FY2025, it came in at $215.7 million, up 22.2% from FY2024.
- Depreciation and Depletion has increased for five consecutive years, with a five-year compound annual growth rate of 22.0% (FY2020 to FY2025).
- By year, Depreciation and Depletion came in at $176.53 million in FY2024 (+9.9%), $160.66 million in FY2023 (+51.9%), $105.75 million in FY2022 (+11.7%) and $94.66 million in FY2021 (+18.4%).
- The Q2 2026 figure ranks as the lowest quarterly Depreciation and Depletion since Q1 2025.
- Year over year, Depreciation and Depletion gained in six of the last eight quarters, with growth averaging 13.3%.
- The high point for year-over-year Depreciation and Depletion in five years was Q4 2023 (growth of 119.7%); the low point was Q2 2026 (a decline of 1.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $54.98 million (Q1 2026), $57.9 million (Q4 2025) and $55.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - | - |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn | - |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn | - |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - | - |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - | - |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn | - |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - | - |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn | - |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - | - |
| 10 | Granite Ridge Resources | 580.36 Mn | 540.19 Mn | - | 52.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.67 Mn |
| Mar 31, 2026 | 54.98 Mn |
| Dec 31, 2025 | 57.90 Mn |
| Sep 30, 2025 | 55.95 Mn |
| Jun 30, 2025 | 53.41 Mn |
| Mar 31, 2025 | 48.45 Mn |
| Dec 31, 2024 | 49.85 Mn |
| Sep 30, 2024 | 44.15 Mn |
| Jun 30, 2024 | 41.59 Mn |
| Mar 31, 2024 | 40.94 Mn |
| Dec 31, 2023 | 47.57 Mn |
| Sep 30, 2023 | 44.27 Mn |
| Jun 30, 2023 | 34.97 Mn |
| Mar 31, 2023 | 33.85 Mn |
| Dec 31, 2022 | 21.66 Mn |
| Sep 30, 2022 | 36.57 Mn |
| Jun 30, 2022 | 31.40 Mn |
| Mar 31, 2022 | 16.13 Mn |
API Access
Granite Ridge Resources Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "GRNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();