Granite Ridge Resources (GRNT) Equity Average (2021 - 2026)
Granite Ridge Resources (GRNT) reported Equity Average of $575.7 million for Q1 2026, down 9.11% on a YoY basis from $633.4 million in Q1 2025, and down 7.86% quarter-over-quarter from $624.8 million in Q4 2025.
Granite Ridge Resources (GRNT) Equity Average (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported Equity Average for 6 years, with the latest figure at $575.7 million in Q1 2026.
- For the quarter ending Q1 2026, Equity Average fell 9.11% year-over-year to $575.7 million; the trailing twelve-month figure through Mar 2026 stood at $575.7 million (down 9.11% YoY), and the FY2025 full-year result was $620.6 million, down 5.04% from the prior year.
- Equity Average for Q1 2026 stood at $575.7 million, down from $624.8 million in the prior quarter.
- The five-year high for Equity Average was $672.8 million in Q1 2024, with the low at $491.2 million in Q1 2022.
- Historically, Equity Average has averaged $631.8 million across 5 years, with a median of $648.0 million in 2024.
- Annual changes were most pronounced in 2022 — Equity Average surged 84.22% — and 2026, when it dropped 9.11%.
- Granite Ridge Resources' Equity Average stood at $672.4 million in 2022, then retreated by 1.72% to $660.9 million in 2023, then retreated by 1.96% to $648.0 million in 2024, then dropped by 3.57% to $624.8 million in 2025, then fell by 7.86% to $575.7 million in 2026.
- The last three Equity Average figures came in at $575.7 million (Q1 2026), $624.8 million (Q4 2025), and $643.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 35.78 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 64.51 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 30.37 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 38.08 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 36.72 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 26.27 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | 575.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 575.70 Mn |
| Dec 31, 2025 | 624.83 Mn |
| Sep 30, 2025 | 643.18 Mn |
| Jun 30, 2025 | 636.94 Mn |
| Mar 31, 2025 | 633.38 Mn |
| Dec 31, 2024 | 647.97 Mn |
| Sep 30, 2024 | 662.95 Mn |
| Jun 30, 2024 | 669.67 Mn |
| Mar 31, 2024 | 672.83 Mn |
| Dec 31, 2023 | 660.91 Mn |
| Sep 30, 2023 | 651.25 Mn |
| Jun 30, 2023 | 648.69 Mn |
| Mar 31, 2023 | 654.65 Mn |
| Dec 31, 2022 | 672.45 Mn |
| Sep 30, 2022 | 640.65 Mn |
| Jun 30, 2022 | 554.02 Mn |
| Mar 31, 2022 | 491.15 Mn |
| Dec 31, 2021 | 365.02 Mn |