Granite Ridge Resources (GRNT) Price to Earnings (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Price to Earnings came in at 19.41 in Q2 2026, down 41.83% on a YoY basis from 33.36 in Q2 2025, and up 217.9% quarter-over-quarter from 16.46 in Q1 2026.
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Granite Ridge Resources (GRNT) Price to Earnings (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has reported Price to Earnings for 6 consecutive years, with 19.41 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Earnings fell 41.83% year-over-year to 19.41; the trailing twelve-month figure through Jun 2026 stood at 21.05 (down 181.28% YoY), and the FY2025 full-year result was 25.37, down 43.68% from the prior year.
- Price to Earnings rose to 19.41 in Q2 2026 per GRNT's latest filing, from 16.46 in the prior quarter.
- Across five years, Price to Earnings topped out at 162.95 in Q2 2024 and bottomed at 72.71 in Q4 2024.
- Historically, Price to Earnings has averaged 37.58 across 5 years, with a median of 36.86 in 2022.
- The sharpest annual moves came in 2023 and 2024: Price to Earnings surged 618.82% in 2023, then tumbled 262.69% in 2024.
- Over 5 years, Price to Earnings stood at 21.24 in 2022, then soared by 110.39% to 44.69 in 2023, then plunged by 262.69% to 72.71 in 2024, then jumped by 66.09% to 24.65 in 2025, then surged by 178.73% to 19.41 in 2026.
- According to Business Quant data, Price to Earnings over the past three periods registered 19.41, 16.46, and 24.65 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 | 19.41 |
| Mar 31, 2026 | -16.46 |
| Dec 31, 2025 | -24.65 |
| Sep 30, 2025 | 49.00 |
| Jun 30, 2025 | 33.36 |
| Mar 31, 2025 | 81.41 |
| Dec 31, 2024 | -72.71 |
| Sep 30, 2024 | 85.78 |
| Jun 30, 2024 | 162.95 |
| Mar 31, 2024 | 52.37 |
| Dec 31, 2023 | 44.69 |
| Sep 30, 2023 | 45.30 |
| Jun 30, 2023 | 102.32 |
| Mar 31, 2023 | 21.19 |
| Dec 31, 2022 | 21.24 |
| Sep 30, 2022 | 16.63 |
| Jun 30, 2022 | 14.24 |
| Mar 31, 2022 | 40.36 |
| Dec 31, 2021 | 19.74 |