Granite Ridge Resources (GRNT) Tax Provisions (2022 - 2026)
Granite Ridge Resources (GRNT) posted Tax Provisions of -$13.6 million for Q1 2026, down 77.43% on a QoQ basis from -$7.7 million in Q4 2025, and down 568.97% year-over-year from $2.9 million in Q1 2025.
Granite Ridge Resources (GRNT) Tax Provisions (2022 - 2026) Analysis & Trends
Granite Ridge Resources' Tax Provisions history runs 5 years deep, the most recent figure standing at -$13.6 million for Q1 2026.
- Quarterly Tax Provisions fell 568.97% year-over-year to -$13.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.7 million (down 300.81% YoY) and the FY2025 annual result came in at $7.8 million, up 25.04% from the prior year.
- Tax Provisions was -$13.6 million for Q1 2026 at Granite Ridge Resources, down from -$7.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $12.8 million in Q4 2022 and bottomed at -$13.6 million in Q1 2026.
- A 5-year average of $2.7 million and a median of $4.4 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2025 — Tax Provisions soared 364.84% — and 2026, when it plunged 568.97%.
- Granite Ridge Resources' Tax Provisions stood at $12.8 million in 2022, then sank by 65.89% to $4.4 million in 2023, then tumbled by 204.79% to -$4.6 million in 2024, then slumped by 66.88% to -$7.7 million in 2025, then plunged by 77.43% to -$13.6 million in 2026.
- Business Quant data shows GRNT's Tax Provisions at -$13.6 million in Q1 2026, -$7.7 million in Q4 2025, and $4.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 575.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 32.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.10 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 84.93 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 40.66 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -188.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 330.00 Mn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | -13.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.60 Mn |
| Dec 31, 2025 | -7.67 Mn |
| Sep 30, 2025 | 4.80 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 2.90 Mn |
| Dec 31, 2024 | -4.59 Mn |
| Sep 30, 2024 | 4.33 Mn |
| Jun 30, 2024 | 1.68 Mn |
| Mar 31, 2024 | 4.84 Mn |
| Dec 31, 2023 | 4.38 Mn |
| Sep 30, 2023 | 5.15 Mn |
| Jun 30, 2023 | 4.13 Mn |
| Mar 31, 2023 | 10.79 Mn |
| Dec 31, 2022 | 12.85 Mn |