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

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

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

Granite Ridge Resources' EBT history runs 6 years deep, the most recent figure standing at -$60.7 million for 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 was -$60.7 million for Q1 2026 at Granite Ridge Resources, down from -$32.7 million in the prior quarter.
  • Across five years, EBT topped out at $93.3 million in Q2 2022 and bottomed at -$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 tumbled 577.97%.
  • Granite Ridge Resources' EBT stood at $69.5 million in 2022, then tumbled by 68.4% to $22.0 million in 2023, then tumbled by 174.06% to -$16.3 million in 2024, then sank by 101.28% to -$32.7 million in 2025, then tumbled by 85.36% to -$60.7 million in 2026.
  • Business Quant data shows GRNT's EBT at -$60.7 million in Q1 2026, -$32.7 million in Q4 2025, and $19.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 3.36 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.56 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 176.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.90 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 390.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 366.38 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 183.56 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 28.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.49 Bn
10 Granite Ridge Resources 602.16 Mn 575.76 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