Granite Ridge Resources (GRNT) Tax Provisions (2022 - 2026)
Granite Ridge Resources' (GRNT) quarterly Tax Provisions came in at -$13.6 million in Q1 2026, down 568.97% YoY from $2.9 million in Q1 2025, and down 77.43% on a QoQ basis from -$7.7 million in Q4 2025.
Granite Ridge Resources (GRNT) Tax Provisions (2022 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 5 years of Tax Provisions data on file, last reported at -$13.6 million in 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 eased to -$13.6 million in Q1 2026, from -$7.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $12.8 million in Q4 2022 to a low of -$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 sank 568.97%.
- Tracing GRNT's Tax Provisions over 5 years: stood at $12.8 million in 2022, then tumbled by 65.89% to $4.4 million in 2023, then sank by 204.79% to -$4.6 million in 2024, then plunged by 66.88% to -$7.7 million in 2025, then slumped by 77.43% to -$13.6 million in 2026.
- The last three Tax Provisions figures came in at -$13.6 million (Q1 2026), -$7.7 million (Q4 2025), and $4.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 473.00 Mn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 39.77 Mn |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 8.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.90 Mn |
| 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 |