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
DateValue
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