Granite Ridge Resources (GRNT) Non Operating Interest Expenses (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Non Operating Interest Expenses came in at $11.1 million in Q2 2026, up 87.25% on a YoY basis from $5.9 million in Q2 2025, and up 7.32% quarter-over-quarter from $10.3 million in Q1 2026.
Analysis
Granite Ridge Resources (GRNT) Non Operating Interest Expenses (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has reported Non Operating Interest Expenses for 6 consecutive years, with $11.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Interest Expenses rose 87.25% year-over-year to $11.1 million; the trailing twelve-month figure through Jun 2026 stood at $36.0 million (up 76.1% YoY), and the FY2025 full-year result was $25.5 million, up 38.06% from the prior year.
- Non Operating Interest Expenses advanced to $11.1 million in Q2 2026 per GRNT's latest filing, from $10.3 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $11.1 million in Q2 2026 and bottomed at $285000.0 in Q4 2022.
- Historically, Non Operating Interest Expenses has averaged $4.0 million across 5 years, with a median of $3.9 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Non Operating Interest Expenses tumbled 80.47% in 2022, then surged 831.86% in 2024.
- Over 5 years, Non Operating Interest Expenses stood at $285000.0 in 2022, then surged by 745.26% to $2.4 million in 2023, then soared by 93.98% to $4.7 million in 2024, then surged by 81.94% to $8.5 million in 2025, then jumped by 30.25% to $11.1 million in 2026.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $11.1 million, $10.3 million, and $8.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 172.06 Mn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 144.00 Mn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 43.00 Mn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 59.65 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 100.00 Mn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 58.00 Mn |
| 10 | Granite Ridge Resources | 667.76 Mn | 622.77 Mn | - | 11.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.07 Mn |
| Mar 31, 2026 | 10.32 Mn |
| Dec 31, 2025 | 8.50 Mn |
| Sep 30, 2025 | 6.07 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Sep 30, 2024 | 4.82 Mn |
| Jun 30, 2024 | 5.82 Mn |
| Mar 31, 2024 | 3.16 Mn |
| Dec 31, 2023 | 2.41 Mn |
| Sep 30, 2023 | 1.36 Mn |
| Jun 30, 2023 | 1.21 Mn |
| Mar 31, 2023 | 339,000.00 |
| Dec 31, 2022 | 285,000.00 |
| Sep 30, 2022 | 570,000.00 |
| Jun 30, 2022 | 609,000.00 |
| Mar 31, 2022 | 525,000.00 |
| Dec 31, 2021 | 1.46 Mn |
| Sep 30, 2021 | 353,000.00 |