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

Granite Ridge Resources (GRNT) reported EBT of -$60.7 million for Q1 2026, down 577.97% on a YoY basis from $12.7 million in Q1 2025, and down 85.36% quarter-over-quarter from -$32.7 million in Q4 2025.

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

Granite Ridge Resources has reported EBT for 6 years, with the latest figure at -$60.7 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT fell 577.97% year-over-year to -$60.7 million; the trailing twelve-month figure through Mar 2026 stood at -$41.2 million (down 348.52% YoY), and the FY2025 full-year result was $32.1 million, up 28.63% from the prior year.
  • EBT for Q1 2026 stood at -$60.7 million, down from -$32.7 million in the prior quarter.
  • The five-year high for EBT was $93.3 million in Q2 2022, with the low at -$60.7 million in Q1 2026.
  • Historically, EBT has averaged $22.2 million across 5 years, with a median of $21.1 million in 2024.
  • Annual changes were most pronounced in 2025 — EBT jumped 384.7% — and 2026, when it plunged 577.97%.
  • Granite Ridge Resources' EBT stood at $69.5 million in 2022, then sank by 68.4% to $22.0 million in 2023, then sank by 174.06% to -$16.3 million in 2024, then tumbled by 101.28% to -$32.7 million in 2025, then sank by 85.36% to -$60.7 million in 2026.
  • The last three EBT figures came in at -$60.7 million (Q1 2026), -$32.7 million (Q4 2025), and $19.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.10 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.26 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 3.36 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 2.56 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 390.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 176.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 143.53 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 1.99 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -176.71 Mn
10 Granite Ridge Resources 626.98 Mn 572.76 Mn - -60.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -60.66 Mn
Dec 31, 2025 -32.73 Mn
Sep 30, 2025 19.29 Mn
Jun 30, 2025 32.86 Mn
Mar 31, 2025 12.69 Mn
Dec 31, 2024 -16.26 Mn
Sep 30, 2024 13.38 Mn
Jun 30, 2024 6.78 Mn
Mar 31, 2024 21.06 Mn
Dec 31, 2023 21.95 Mn
Sep 30, 2023 23.11 Mn
Jun 30, 2023 12.87 Mn
Mar 31, 2023 47.65 Mn
Dec 31, 2022 69.48 Mn
Sep 30, 2022 79.99 Mn
Jun 30, 2022 93.28 Mn
Mar 31, 2022 32.44 Mn
Dec 31, 2021 66.06 Mn
Sep 30, 2021 31.68 Mn