Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026)
Granite Ridge Resources (GRNT) posted Interest Expenses of $10.3 million for Q1 2026, up 21.37% on a QoQ basis from $8.5 million in Q4 2025, and up 105.76% year-over-year from $5.0 million in Q1 2025.
Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026) Analysis & Trends
Granite Ridge Resources' Interest Expenses history runs 6 years deep, the most recent figure standing at $10.3 million for Q1 2026.
- Quarterly Interest Expenses rose 105.76% year-over-year to $10.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.8 million (up 88.67% YoY) and the FY2025 annual result came in at $25.5 million, up 38.06% from the prior year.
- Interest Expenses was $10.3 million for Q1 2026 at Granite Ridge Resources, up from $8.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $10.3 million in Q1 2026 and bottomed at $285000.0 in Q4 2022.
- A 5-year average of $3.4 million and a median of $2.4 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses sank 80.47% — and 2025, when it soared 1159.56%.
- Granite Ridge Resources' Interest Expenses stood at $285000.0 in 2022, then surged by 745.26% to $2.4 million in 2023, then plunged by 71.98% to $675000.0 in 2024, then surged by 1159.56% to $8.5 million in 2025, then advanced by 21.37% to $10.3 million in 2026.
- Business Quant data shows GRNT's Interest Expenses at $10.3 million in Q1 2026, $8.5 million in Q4 2025, and $6.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 296.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 82.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 95.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 432.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 75.45 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 2.34 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 152.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 100.00 Mn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | 10.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 675,000.00 |
| Dec 31, 2024 | 675,000.00 |
| 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 |