Granite Ridge Resources (GRNT) Retained Earnings (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Retained Earnings came in at -$78.8 million in Q1 2026, down 786.82% YoY from $11.5 million in Q1 2025, and down 355.73% on a QoQ basis from -$17.3 million in Q4 2025.
Granite Ridge Resources (GRNT) Retained Earnings (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 6 years of Retained Earnings data on file, last reported at -$78.8 million in Q1 2026.
- Quarterly Retained Earnings fell 786.82% year-over-year to -$78.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$78.8 million (down 786.82% YoY) and the FY2025 annual result came in at -$17.3 million, down 102.64% from the prior year.
- Retained Earnings eased to -$78.8 million in Q1 2026, from -$17.3 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $655.5 million in Q4 2024 to a low of -$78.8 million in Q1 2026.
- A 5-year average of $227.3 million and a median of $48.6 million in 2023 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings soared 3987.93% — and 2026, when it tumbled 786.82%.
- Tracing GRNT's Retained Earnings over 5 years: stood at $632.1 million in 2022, then advanced by 3.34% to $653.2 million in 2023, then increased by 0.35% to $655.5 million in 2024, then plunged by 102.64% 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 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 72.92 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 25.07 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 33.39 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 6.04 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 578.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 30.05 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 27.35 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 5.73 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 1.79 Bn |
| 10 | Granite Ridge Resources | 669.72 Mn | 624.73 Mn | - | 661.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 661.88 Mn |
| 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 | 655.47 Mn |
| Sep 30, 2024 | 42.05 Mn |
| Jun 30, 2024 | 654.27 Mn |
| Mar 31, 2024 | 56.66 Mn |
| Dec 31, 2023 | 653.17 Mn |
| Sep 30, 2023 | 610.98 Mn |
| Jun 30, 2023 | 48.61 Mn |
| Mar 31, 2023 | 54.50 Mn |
| Dec 31, 2022 | 632.08 Mn |
| Sep 30, 2022 | 41.73 Mn |
| Dec 31, 2021 | 15.46 Mn |