Granite Ridge Resources (GRNT) Payout Ratio (2022 - 2026)
Granite Ridge Resources' (GRNT) quarterly Payout Ratio came in at 0.48 in Q2 2026, down 15.89% on a YoY basis from 0.58 in Q2 2025, and up 257.45% quarter-over-quarter from 0.31 in Q1 2026.
Analysis
Granite Ridge Resources (GRNT) Payout Ratio (2022 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has reported Payout Ratio for 5 consecutive years, with 0.48 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 15.89% year-over-year to 0.48; the trailing twelve-month figure through Jun 2026 stood at 2.09 (down 217.37% YoY), and the FY2025 full-year result was 2.37, down 22.71% from the prior year.
- Payout Ratio grew to 0.48 in Q2 2026 per GRNT's latest filing, from 0.31 in the prior quarter.
- Across five years, Payout Ratio topped out at 2.83 in Q2 2024 and bottomed at 1.24 in Q4 2024.
- Historically, Payout Ratio has averaged 0.71 across 5 years, with a median of 0.83 in 2023.
- The sharpest annual moves came in 2023 and 2024: Payout Ratio jumped 338.64% in 2023, then plunged 249.8% in 2024.
- Over 5 years, Payout Ratio stood at 0.19 in 2022, then surged by 338.64% to 0.83 in 2023, then slumped by 249.8% to 1.24 in 2024, then soared by 53.45% to 0.58 in 2025, then jumped by 184.04% to 0.48 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.48, 0.31, and 0.58 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn |
| 10 | Granite Ridge Resources | 667.76 Mn | 622.77 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | -0.31 |
| Dec 31, 2025 | -0.58 |
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | 1.47 |
| Dec 31, 2024 | -1.24 |
| Sep 30, 2024 | 1.59 |
| Jun 30, 2024 | 2.83 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 0.83 |
| Sep 30, 2023 | 0.83 |
| Jun 30, 2023 | 1.67 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.19 |