Granite Ridge Resources GRNT
NYSE GRNT
$5.09 -0.01 (-0.29%)
As of: Sep 9, 2026 · 3:59 PM EDT

Granite Ridge Resources (GRNT) Price to Sales (2021 - 2026)

Granite Ridge Resources' (GRNT) quarterly Price to Sales came in at 3.9 in Q2 2026, down 49.09% on a YoY basis from 7.65 in Q2 2025, and down 35.44% quarter-over-quarter from 6.04 in Q1 2026.

Analysis

Granite Ridge Resources (GRNT) Price to Sales (2021 - 2026) Analysis & Trends

Granite Ridge Resources (GRNT) has reported Price to Sales for 6 consecutive years, with 3.9 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Sales fell 49.09% year-over-year to 3.9; the trailing twelve-month figure through Jun 2026 stood at 1.17 (down 39.29% YoY), and the FY2025 full-year result was 1.37, down 38.29% from the prior year.
  • Price to Sales fell to 3.9 in Q2 2026 per GRNT's latest filing, from 6.04 in the prior quarter.
  • Across five years, Price to Sales topped out at 13.95 in Q1 2022 and bottomed at 3.9 in Q2 2026.
  • Historically, Price to Sales has averaged 8.2 across 5 years, with a median of 8.1 in 2024.
  • The sharpest annual moves came in 2022 and 2026: Price to Sales rose 17.01% in 2022, then tumbled 49.09% in 2026.
  • Over 5 years, Price to Sales stood at 10.34 in 2022, then dropped by 28.89% to 7.35 in 2023, then advanced by 8.11% to 7.95 in 2024, then retreated by 26.31% to 5.86 in 2025, then plunged by 33.47% to 3.9 in 2026.
  • According to Business Quant data, Price to Sales over the past three periods registered 3.9, 6.04, and 5.86 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

Historic Data

Download Data
DateValue
Jun 30, 2026 3.90
Mar 31, 2026 6.04
Dec 31, 2025 5.86
Sep 30, 2025 6.30
Jun 30, 2025 7.65
Mar 31, 2025 6.48
Dec 31, 2024 7.95
Sep 30, 2024 8.26
Jun 30, 2024 9.13
Mar 31, 2024 9.55
Dec 31, 2023 7.35
Sep 30, 2023 7.48
Jun 30, 2023 10.21
Mar 31, 2023 8.55
Dec 31, 2022 10.34
Sep 30, 2022 9.71
Jun 30, 2022 8.84
Mar 31, 2022 13.95
Dec 31, 2021 8.84