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
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 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