Granite Ridge Resources GRNT
NYSE GRNT
$4.34 +0.05 (+1.05%)
As of: Sep 30, 2026 · 3:59 PM EDT

Granite Ridge Resources (GRNT) EBIT (2021 - 2026)

Updated

Granite Ridge Resources (GRNT) recorded EBIT of $39.02 million in Q2 2026, up 88.2% from $20.74 million a year earlier and up 162.8% from the prior quarter.

Analysis

Granite Ridge Resources (GRNT) EBIT (2021 - 2026) Analysis & Trends

On a TTM basis, Granite Ridge Resources' EBIT came in at $37.02 million as of Jun 30, 2026, down 54.3% year-over-year; for FY2025, it was $46.42 million, down 21.7% from FY2024.

  • Annual EBIT has declined for three straight years.
  • Across earlier years, EBIT came in at $59.26 million in FY2024 (-34.6%), $90.59 million in FY2023 (-70.0%), $302.15 million in FY2022 (+110.9%) and $143.23 million in FY2021.
  • The Q2 2026 figure is the highest quarterly EBIT since Q1 2025.
  • On a year-over-year basis, EBIT rose in two of the last six quarters, with growth averaging 15.0%.
  • Peak year-over-year performance for EBIT in the last five years was growth of 141.9% in Q3 2022, against a decline of 92.6% in Q4 2023 at the low end.
  • Per Business Quant, the preceding three quarters came in at $14.85 million (Q1 2026), -$36.44 million (Q4 2025) and $19.59 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Shell 541.34 Bn 451.89 Bn 30.13 Bn 26.95 Bn
2 Chevron 403.85 Bn 381.64 Bn 33.45 Bn -19.92 Bn
3 TotalEnergies SE 193.34 Bn 76.47 Bn - -
4 Eni Spa 172.00 Bn 121.52 Bn - 1.37 Bn
5 Conocophillips 150.68 Bn 123.39 Bn 12.81 Bn 10.38 Bn
6 Equinor Asa 103.39 Bn 49.45 Bn - 12.99 Bn
7 Phillips 66 100.64 Bn 89.62 Bn 8.38 Bn -38.69 Bn
8 Canadian Natural Resources 98.19 Bn 95.14 Bn - 4.43 Bn
9 Suncor Energy 80.57 Bn 66.37 Bn - 5.33 Bn
10 Granite Ridge Resources 567.17 Mn 527.00 Mn - 39.02 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 39.02 Mn
Mar 31, 2026 14.85 Mn
Dec 31, 2025 -36.44 Mn
Sep 30, 2025 19.59 Mn
Jun 30, 2025 20.74 Mn
Mar 31, 2025 42.54 Mn
Dec 31, 2024 -6.92 Mn
Sep 30, 2024 24.68 Mn
Jun 30, 2024 21.89 Mn
Mar 31, 2024 19.60 Mn
Dec 31, 2023 4.73 Mn
Sep 30, 2023 32.60 Mn
Jun 30, 2023 23.87 Mn
Mar 31, 2023 29.39 Mn
Dec 31, 2022 63.94 Mn
Sep 30, 2022 77.49 Mn
Jun 30, 2022 99.36 Mn
Mar 31, 2022 61.36 Mn
Dec 31, 2021 67.52 Mn
Sep 30, 2021 32.03 Mn
API Access

Granite Ridge Resources EBIT 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=ebit&ticker=GRNT&period=max&api_key=YOUR_API_KEY