Granite Ridge Resources (GRNT) Property, Plant & Equipment (Net) (2021 - 2026)
Granite Ridge Resources (GRNT) reported Property, Plant & Equipment (Net) of $1.07 billion for Q2 2026, up 8.6% from $989.22 million a year earlier and up 3.2% from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Property, Plant & Equipment (Net) (2021 - 2026) Analysis & Trends
At the end of FY2025, Granite Ridge Resources posted Property, Plant & Equipment (Net) of $1.04 billion, up 15.9% from FY2024.
- Property, Plant & Equipment (Net) has increased for four consecutive years, with a four-year compound annual growth rate of 23.4% (FY2021 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $896.97 million in FY2024 (+16.6%), $769.54 million in FY2023 (+19.3%), $644.99 million in FY2022 (+43.7%) and $448.77 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2021.
- Year over year, Property, Plant & Equipment (Net) has now increased in each of the last 12 quarters, with growth averaging 14.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Property, Plant & Equipment (Net) ran from 7.5% in Q1 2024 to 48.2% in Q3 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.04 billion (Q1 2026), $1.04 billion (Q4 2025) and $1.01 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 296.30 Bn |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 182.30 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 215.94 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | 117.89 Bn |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 57.15 Bn |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 91.25 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | 62.95 Bn |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 39.65 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 56.93 Bn |
| 10 | Granite Ridge Resources | 589.59 Mn | 549.43 Mn | - | 1.07 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.07 Bn |
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 989.22 Mn |
| Mar 31, 2025 | 954.98 Mn |
| Dec 31, 2024 | 896.97 Mn |
| Sep 30, 2024 | 899.45 Mn |
| Jun 30, 2024 | 834.91 Mn |
| Mar 31, 2024 | 793.04 Mn |
| Dec 31, 2023 | 769.54 Mn |
| Sep 30, 2023 | 815.17 Mn |
| Jun 30, 2023 | 765.79 Mn |
| Mar 31, 2023 | 737.44 Mn |
| Dec 31, 2022 | 644.99 Mn |
| Sep 30, 2022 | 550.16 Mn |
| Dec 31, 2021 | 448.77 Mn |
API Access
Granite Ridge Resources Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "GRNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();