Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026)

Granite Ridge Resources (GRNT) reported Interest Expenses of $10.3 million for Q1 2026, up 105.76% on a YoY basis from $5.0 million in Q1 2025, and up 21.37% quarter-over-quarter from $8.5 million in Q4 2025.

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

Granite Ridge Resources has reported Interest Expenses for 6 years, with the latest figure at $10.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 105.76% year-over-year to $10.3 million; the trailing twelve-month figure through Mar 2026 stood at $30.8 million (up 51.56% YoY), and the FY2025 full-year result was $25.5 million, up 38.06% from the prior year.
  • Interest Expenses for Q1 2026 stood at $10.3 million, up from $8.5 million in the prior quarter.
  • The five-year high for Interest Expenses was $10.3 million in Q1 2026, with the low at $285000.0 in Q4 2022.
  • Historically, Interest Expenses has averaged $3.6 million across 5 years, with a median of $3.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Interest Expenses slumped 80.47% — and 2024, when it jumped 831.86%.
  • Granite Ridge Resources' Interest Expenses stood at $285000.0 in 2022, then soared by 745.26% to $2.4 million in 2023, then jumped by 93.98% to $4.7 million in 2024, then soared by 81.94% to $8.5 million in 2025, then rose by 21.37% to $10.3 million in 2026.
  • The last three Interest Expenses figures came in at $10.3 million (Q1 2026), $8.5 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Woodside Energy 630.08 Bn 624.14 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 198.00 Mn
4 Eog Resources 72.93 Bn 69.08 Bn - 66.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 432.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 54.89 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 96.78 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 19.47 Mn
10 Granite Ridge Resources 626.98 Mn 572.76 Mn - 10.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.32 Mn
Mar 31, 2026 10.32 Mn
Dec 31, 2025 8.50 Mn
Dec 31, 2025 8.50 Mn
Sep 30, 2025 6.07 Mn
Sep 30, 2025 6.07 Mn
Jun 30, 2025 5.91 Mn
Jun 30, 2025 5.91 Mn
Mar 31, 2025 5.02 Mn
Mar 31, 2025 5.02 Mn
Dec 31, 2024 4.67 Mn
Dec 31, 2024 4.67 Mn
Sep 30, 2024 4.82 Mn
Sep 30, 2024 4.82 Mn
Jun 30, 2024 5.82 Mn
Jun 30, 2024 5.82 Mn
Mar 31, 2024 3.16 Mn
Mar 31, 2024 3.16 Mn
Dec 31, 2023 2.41 Mn
Dec 31, 2023 2.41 Mn