Granite Ridge Resources (GRNT) EBT (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly EBT came in at -$60.7 million in Q1 2026, down 577.97% YoY from $12.7 million in Q1 2025, and down 85.36% on a QoQ basis from -$32.7 million in Q4 2025.
Granite Ridge Resources (GRNT) EBT (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 6 years of EBT data on file, last reported at -$60.7 million in Q1 2026.
- Quarterly EBT fell 577.97% year-over-year to -$60.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$41.2 million (down 348.52% YoY) and the FY2025 annual result came in at $32.1 million, up 28.63% from the prior year.
- EBT eased to -$60.7 million in Q1 2026, from -$32.7 million in the prior quarter.
- In the past five years, EBT ranged from a high of $93.3 million in Q2 2022 to a low of -$60.7 million in Q1 2026.
- A 5-year average of $22.2 million and a median of $21.1 million in 2024 frame the typical range for EBT.
- Annual changes were most pronounced in 2025 — EBT jumped 384.7% — and 2026, when it plunged 577.97%.
- Tracing GRNT's EBT over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 6.08 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 4.26 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.50 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.64 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.12 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 2.17 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.92 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 366.38 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 193.70 Mn |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 38.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.87 Mn |
| 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 | 66.28 Mn |
| Sep 30, 2021 | 31.68 Mn |