Granite Ridge Resources (GRNT) Retained Earnings (2021 - 2026)
Granite Ridge Resources (GRNT) reported Retained Earnings of -$78.8 million for Q1 2026, down 786.82% on a YoY basis from $11.5 million in Q1 2025, and down 355.73% quarter-over-quarter from -$17.3 million in Q4 2025.
Granite Ridge Resources (GRNT) Retained Earnings (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported Retained Earnings for 6 years, with the latest figure at -$78.8 million in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 786.82% year-over-year to -$78.8 million; the trailing twelve-month figure through Mar 2026 stood at -$78.8 million (down 786.82% YoY), and the FY2025 full-year result was -$17.3 million, down 207.72% from the prior year.
- Retained Earnings for Q1 2026 stood at -$78.8 million, down from -$17.3 million in the prior quarter.
- The five-year high for Retained Earnings was $56.7 million in Q1 2024, with the low at -$78.8 million in Q1 2026.
- Historically, Retained Earnings has averaged $24.3 million across 5 years, with a median of $32.4 million in 2022.
- Annual changes were most pronounced in 2023 — Retained Earnings jumped 46112.5% — and 2026, when it tumbled 786.82%.
- Granite Ridge Resources' Retained Earnings stood at $32.4 million in 2022, then soared by 69.14% to $54.8 million in 2023, then plunged by 70.71% to $16.0 million in 2024, then slumped by 207.72% to -$17.3 million in 2025, then plunged by 355.73% to -$78.8 million in 2026.
- The last three Retained Earnings figures came in at -$78.8 million (Q1 2026), -$17.3 million (Q4 2025), and $22.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 6.38 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 23.69 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 70.02 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | -6.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 194.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | -7.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 1.95 Bn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 5.62 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 200.46 Mn |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | -78.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -78.78 Mn |
| Dec 31, 2025 | -17.29 Mn |
| Sep 30, 2025 | 22.22 Mn |
| Jun 30, 2025 | 22.13 Mn |
| Mar 31, 2025 | 11.47 Mn |
| Dec 31, 2024 | 16.05 Mn |
| Sep 30, 2024 | 42.05 Mn |
| Jun 30, 2024 | 47.38 Mn |
| Mar 31, 2024 | 56.66 Mn |
| Dec 31, 2023 | 54.78 Mn |
| Sep 30, 2023 | 51.76 Mn |
| Jun 30, 2023 | 48.61 Mn |
| Mar 31, 2023 | 54.50 Mn |
| Dec 31, 2022 | 32.39 Mn |
| Sep 30, 2022 | 112,000.00 |
| Dec 31, 2021 | 15.46 Mn |