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| Date | Value |
|---|---|
| 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 |