Granite Ridge Resources, Inc. (GRNT) stock
Close on Nov 13, 2026Market cap $830.97MP/E –Yield 6.98%
Earnings
Granite Ridge Resources's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Granite Ridge Resources's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Mar 4, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 5, 2026after the close | $177.20M | +57.2% | -$0.08 | $0.17 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 6, 2026after the close | $149.30M | +36.7% | $0.23 | $0.09 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 7, 2026after the close | $128.30M | +4.4% | -$0.36 | $0.02 | Release |
| Q4 FY2025ended Dec 31, 2025 | Mar 5, 2026after the close | $105.49M | -0.8% | -$0.19 | $0.01 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 7, 2025after the close | $112.70M | +19.8% | $0.11 | $0.09 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 7, 2025after the close | $109.20M | +20.5% | $0.19 | $0.11 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 8, 2025after the close | $122.90M | +38.1% | $0.07 | $0.22 | Release |
| Q4 FY2024ended Dec 31, 2024 | Mar 6, 2025after the close | $106.31M | -0.5% | -$0.09 | $0.17 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 7, 2024after the close | $94.08M | -13.2% | $0.07 | $0.14 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 8, 2024after the close | $90.65M | +3.5% | $0.04 | $0.13 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 9, 2024after the close | $89.00M | -2.5% | $0.12 | $0.12 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 7, 2024after the close | $106.80M | – | $0.13 | $0.20 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 9, 2023after the close | $108.40M | -20.9% | $0.13 | $0.21 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 10, 2023after the close | $87.56M | – | $0.07 | $0.19 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 11, 2023after the close | $91.31M | – | $0.28 | $0.21 | Release |
| Q4 FY2022ended Dec 31, 2022 | Mar 27, 2023after the close | – | – | $0.43 | $0.38 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 14, 2022before the open | $136.96M | – | – | – | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Granite Ridge Resources's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Development capital expenditures ($ in millions) | FY2026 | $300.00M – $330.00M | $300.00M – $330.00M | Lowered | Aug 6, 2026 |
| Total capital expenditures ($ in millions) | FY2026 | $345.00M – $385.00M | – | New | Nov 5, 2026 |
| Acquisitions | FY2026 | $45.00M – $55.00M | – | Raised | May 7, 2026 |
| Acquisitions ($ in millions) | FY2026 | $45.00M – $55.00M | – | New | Nov 5, 2026 |
| Acquisitions ($ in millions) | FY2026 | $45.00M – $55.00M | $20.00M – $30.00M | Raised | Aug 6, 2026 |
| Annual production | FY2026 | 34,000 – 36,000 | – | Reaffirmed | May 7, 2026 |
| Annual production (Boe per day) | FY2026 | 34,000 – 35,000 | – | New | Nov 5, 2026 |
| Annual production (Boe per day) | FY2026 | 34,000 – 36,000 | 34,000 – 36,000 | Reaffirmed | Aug 6, 2026 |
| Cash general and administrative expense | FY2026 | $25.00M – $27.00M | – | Raised | May 7, 2026 |
| Cash general and administrative expense ($ in millions) | FY2026 | $28.00M – $30.00M | – | Raised | Nov 5, 2026 |
| Cash general and administrative expense ($ in millions) | FY2026 | $25.00M – $27.00M | $25.00M – $27.00M | Raised | Aug 6, 2026 |
| Development capital expenditures ($ in millions) | FY2026 | $300.00M – $330.00M | – | Raised | Nov 5, 2026 |
| Lease operating expenses | FY2026 | $8 – $9 | – | Lowered | May 7, 2026 |
| Lease operating expenses (per Boe) | FY2026 | $9 – $10 | – | Lowered | Nov 5, 2026 |
| Lease operating expenses (per Boe) | FY2026 | $8 – $9 | $7 – $8 | Lowered | Aug 6, 2026 |
| Oil as a % of sales volumes | FY2026 | 51.5% – 52.5% | – | New | Nov 5, 2026 |
| Oil as a % of sales volumes | FY2026 | 50% – 52% | – | Raised | Aug 6, 2026 |
| Oil production | FY2026 | 50% – 52% | – | Raised | May 7, 2026 |
| Oil production (% of total production) | FY2026 | 50% – 52% | – | New | Mar 5, 2026 |
| Production and ad valorem taxes | FY2026 | 6% – 7% | – | Lowered | May 7, 2026 |
| Production and ad valorem taxes (% of total revenue) | FY2026 | 6% – 7% | – | Lowered | Mar 5, 2026 |
| Production and ad valorem taxes (as a % of total sales) | FY2026 | 6% – 7% | – | Lowered | Nov 5, 2026 |
| Production and ad valorem taxes (as a % of total sales) | FY2026 | 6% – 7% | – | Lowered | Aug 6, 2026 |
Guidance history
Every forecast Granite Ridge Resources put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 5, 2026 | Total capital expenditures ($ in millions) | FY2026 | $345.00M – $385.00M | New |
| Nov 5, 2026 | Annual production (Boe per day) | FY2026 | 34,000 – 35,000 | New |
| Nov 5, 2026 | Oil as a % of sales volumes | FY2026 | 51.5% – 52.5% | New |
| Nov 5, 2026 | Production and ad valorem taxes (as a % of total sales) | FY2026 | 6% – 7% | Lowered |
| Nov 5, 2026 | Acquisitions ($ in millions) | FY2026 | $45.00M – $55.00M | New |
| Nov 5, 2026 | Development capital expenditures ($ in millions) | FY2026 | $300.00M – $330.00M | Raised |
| Nov 5, 2026 | Lease operating expenses (per Boe) | FY2026 | $9 – $10 | Lowered |
| Nov 5, 2026 | Cash general and administrative expense ($ in millions) | FY2026 | $28.00M – $30.00M | Raised |
| Aug 6, 2026 | Development capital expenditures ($ in millions) | FY2026 | $300.00M – $330.00M | Lowered |
| Aug 6, 2026 | Total capital expenditures ($ in millions) | FY2026 | $345.00M – $385.00M | Raised |
| Aug 6, 2026 | Annual production (Boe per day) | FY2026 | 34,000 – 36,000 | Reaffirmed |
| Aug 6, 2026 | Oil as a % of sales volumes | FY2026 | 50% – 52% | Raised |
| Aug 6, 2026 | Production and ad valorem taxes (as a % of total sales) | FY2026 | 6% – 7% | Lowered |
| Aug 6, 2026 | Acquisitions ($ in millions) | FY2026 | $45.00M – $55.00M | Raised |
| Aug 6, 2026 | Lease operating expenses (per Boe) | FY2026 | $8 – $9 | Lowered |
| Aug 6, 2026 | Cash general and administrative expense ($ in millions) | FY2026 | $25.00M – $27.00M | Raised |
| May 7, 2026 | Development capital expenditures | FY2026 | $300.00M – $330.00M | Lowered |
| May 7, 2026 | Total capital expenditures | FY2026 | $345.00M – $385.00M | Raised |
| May 7, 2026 | Annual production | FY2026 | 34,000 – 36,000 | Reaffirmed |
| May 7, 2026 | Oil production | FY2026 | 50% – 52% | Raised |
| May 7, 2026 | Production and ad valorem taxes | FY2026 | 6% – 7% | Lowered |
| May 7, 2026 | Acquisitions | FY2026 | $45.00M – $55.00M | Raised |
| May 7, 2026 | Lease operating expenses | FY2026 | $8 – $9 | Lowered |
| May 7, 2026 | Cash general and administrative expense | FY2026 | $25.00M – $27.00M | Raised |
| Mar 5, 2026 | Development capital expenditures ($ in millions) | FY2026 | $300.00M – $330.00M | New |
| Mar 5, 2026 | Total capital expenditures ($ in millions) | FY2026 | $320.00M – $360.00M | Raised |
| Mar 5, 2026 | Annual production (Boe per day) | FY2026 | 34,000 – 36,000 | New |
| Mar 5, 2026 | Oil production (% of total production) | FY2026 | 50% – 52% | New |
| Mar 5, 2026 | Production and ad valorem taxes (% of total revenue) | FY2026 | 6% – 7% | Lowered |
| Mar 5, 2026 | Acquisitions ($ in millions) | FY2026 | $20.00M – $30.00M | New |
| Mar 5, 2026 | Lease operating expenses (per Boe) | FY2026 | $7 – $8 | Lowered |
| Mar 5, 2026 | Cash general and administrative expense ($ in millions) | FY2026 | $25.00M – $27.00M | Raised |
| Nov 6, 2025 | Development capital expenditures ($ in millions) | FY2025 | $280.00M – $300.00M | New |
| Nov 6, 2025 | Total capital expenditures ($ in millions) | FY2025 | $400.00M – $420.00M | Raised |
| Nov 6, 2025 | Annual production (Boe per day) | FY2025 | 31,000 – 33,000 | New |
| Nov 6, 2025 | Oil as a % of sales volumes | FY2025 | 51% – 53% | New |
| Nov 6, 2025 | Production and ad valorem taxes (as a % of total sales) | FY2025 | 6% – 7% | Lowered |
| Nov 6, 2025 | Acquisitions ($ in millions) | FY2025 | $120.00M | New |
| Nov 6, 2025 | Lease operating expenses (per Boe) | FY2025 | $6 – $7 | Lowered |
| Nov 6, 2025 | Cash general and administrative expense ($ in millions) | FY2025 | $25.00M – $27.00M | Raised |
| Aug 7, 2025 | Development capital expenditures ($ in millions) | FY2025 | $280.00M – $300.00M | Lowered |
| Aug 7, 2025 | Total capital expenditures ($ in millions) | FY2025 | $400.00M – $420.00M | Raised |
| Aug 7, 2025 | Annual production (Boe per day) | FY2025 | 31,000 – 33,000 | Raised |
| Aug 7, 2025 | Oil as a % of sales volumes | FY2025 | 51% – 53% | Raised |
| Aug 7, 2025 | Production and ad valorem taxes (as a % of total sales) | FY2025 | 6% – 7% | Lowered |
| Aug 7, 2025 | Acquisitions ($ in millions) | FY2025 | $120.00M | Raised |
| Aug 7, 2025 | Lease operating expenses (per Boe) | FY2025 | $6 – $7 | Lowered |
| Aug 7, 2025 | Cash general and administrative expense ($ in millions) | FY2025 | $25.00M – $27.00M | Raised |
| May 8, 2025 | Total capital expenditures | FY2025 | $300.00M – $320.00M | Reaffirmed |
| May 8, 2025 | Annual production (Boe per day) | FY2025 | 28,000 – 30,000 | Reaffirmed |
| May 8, 2025 | Oil as a % of sales volumes | FY2025 | 51% – 53% | Raised |
| May 8, 2025 | Production and ad valorem taxes (as a % of total sales) | FY2025 | 6% – 7% | Lowered |
| May 8, 2025 | Lease operating expenses (per Boe) | FY2025 | $6 – $7 | Lowered |
| May 8, 2025 | Cash general and administrative expense | FY2025 | $25.00M – $27.00M | Raised |
| Mar 6, 2025 | Total capital expenditures ($ in millions) | FY2025 | $300.00M – $320.00M | New |
| Mar 6, 2025 | Annual production (Boe per day) | FY2025 | 28,000 – 30,000 | New |
| Mar 6, 2025 | Oil production (% of total production) | FY2025 | 51% – 53% | New |
| Mar 6, 2025 | Production and ad valorem taxes (% of total revenue) | FY2025 | 6% – 7% | Lowered |
| Mar 6, 2025 | Lease operating expenses (per Boe) | FY2025 | $6 – $7 | New |
| Mar 6, 2025 | Cash general and administrative expense ($ in millions) | FY2025 | $25.00M – $27.00M | Raised |
| Nov 7, 2024 | Development capital expenditures ($ in millions) | FY2024 | $295.00M – $305.00M | Lowered |
| Nov 7, 2024 | Total capital expenditures ($ in millions) | FY2024 | $355.00M – $365.00M | Raised |
| Nov 7, 2024 | Annual production (Boe per day) | FY2024 | 23,250 – 25,250 | Raised |
| Nov 7, 2024 | Net wells placed on production | FY2024 | 22 – 24 | Lowered |
| Nov 7, 2024 | Oil as a % of sales volumes | FY2024 | 48% | Raised |
| Nov 7, 2024 | Production and ad valorem taxes (as a % of total sales) | FY2024 | 7% – 8% | Lowered |
| Nov 7, 2024 | Acquisitions ($ in millions) | FY2024 | $60.00M | Raised |
| Nov 7, 2024 | Lease operating expenses (per Boe) | FY2024 | $7 – $8 | Lowered |
| Nov 7, 2024 | Cash general and administrative expense ($ in millions) | FY2024 | $23.00M – $26.00M | Raised |
| Aug 8, 2024 | Total capital expenditures ($ in millions) | FY2024 | $355.00M – $365.00M | Raised |
| Aug 8, 2024 | Net wells placed on production | FY2024 | 22 – 24 | Reaffirmed |
| Aug 8, 2024 | Annual production (Boe per day) | FY2024 | 23,250 – 25,250 | Reaffirmed |
| Aug 8, 2024 | Oil as a % of sales volumes | FY2024 | 48% | Raised |
| Aug 8, 2024 | Production and ad valorem taxes (as a % of total sales) | FY2024 | 7% – 8% | Lowered |
| Aug 8, 2024 | Acquisitions ($ in millions) | FY2024 | $60.00M | Raised |
| Aug 8, 2024 | Development capital expenditures ($ in millions) | FY2024 | $295.00M – $305.00M | Raised |
| Aug 8, 2024 | Lease operating expenses (per Boe) | FY2024 | $7 – $8 | Lowered |
| Aug 8, 2024 | Cash general and administrative expense ($ in millions) | FY2024 | $23.00M – $26.00M | Raised |
| May 9, 2024 | Total capital expenditures ($ in millions) | FY2024 | $265.00M – $285.00M | Reaffirmed |
| May 9, 2024 | Net wells placed on production | FY2024 | 22 – 24 | Reaffirmed |
| May 9, 2024 | Annual production (Boe per day) | FY2024 | 23,250 – 25,250 | Reaffirmed |
| May 9, 2024 | Oil as a % of sales volumes | FY2024 | 47% | Raised |
| May 9, 2024 | Production and ad valorem taxes (as a % of total sales) | FY2024 | 7% – 8% | Lowered |
| May 9, 2024 | Acquisitions ($ in millions) | FY2024 | $35.00M | Raised |
| May 9, 2024 | Development capital expenditures ($ in millions) | FY2024 | $230.00M – $250.00M | Raised |
| May 9, 2024 | Lease operating expenses (per Boe) | FY2024 | $7 – $8 | Lowered |
| May 9, 2024 | Cash general and administrative expense ($ in millions) | FY2024 | $23.00M – $26.00M | Raised |
| Mar 7, 2024 | Total capital expenditures ($ in millions) | FY2024 | $265.00M – $285.00M | New |
| Mar 7, 2024 | Net wells placed on production | FY2024 | 22 – 24 | New |
| Mar 7, 2024 | Annual production (Boe per day) | FY2024 | 23,250 – 25,250 | New |
| Mar 7, 2024 | Oil as a % of sales volumes | FY2024 | 47% | New |
| Mar 7, 2024 | Production and ad valorem taxes (as a % of total sales) | FY2024 | 7% – 8% | Lowered |
| Mar 7, 2024 | Acquisitions ($ in millions) | FY2024 | $35.00M | New |
| Mar 7, 2024 | Development capital expenditures ($ in millions) | FY2024 | $230.00M – $250.00M | Raised |
| Mar 7, 2024 | Lease operating expenses (per Boe) | FY2024 | $7 – $8 | Lowered |
| Mar 7, 2024 | Cash general and administrative expense ($ in millions) | FY2024 | $23.00M – $26.00M | Raised |
| Nov 9, 2023 | Total capital expenditures ($ in millions) | FY2023 | $345.00M – $355.00M | Raised |
| Nov 9, 2023 | Net wells placed on production | FY2023 | 21 – 23 | Raised |
| Nov 9, 2023 | Annual production (Boe per day) | FY2023 | 22,500 – 24,000 | Raised |
| Nov 9, 2023 | Oil as a % of sales volumes | FY2023 | 47% | Raised |
| Nov 9, 2023 | Production and ad valorem taxes (as a % of total sales) | FY2023 | 7% – 8% | Lowered |
| Nov 9, 2023 | annual production volume growth | FY2023 | +18% | Raised |
| Nov 9, 2023 | Inventory acquisitions and production acquisitions ($ in millions) | FY2023 | $90.00M | Raised |
| Nov 9, 2023 | Development capital expenditures ($ in millions) | FY2023 | $255.00M – $265.00M | Raised |
| Nov 9, 2023 | Lease operating expenses (per Boe) | FY2023 | $7 – $8 | Lowered |
| Nov 9, 2023 | Cash general and administrative expense ($ in millions) | FY2023 | $20.00M – $22.00M | Raised |
| Aug 10, 2023 | Development capital expenditures ($ in millions) | FY2023 | $230.00M – $260.00M | Reaffirmed |
| Aug 10, 2023 | Total capital expenditures ($ in millions) | FY2023 | $280.00M – $310.00M | Raised |
| Aug 10, 2023 | Net wells placed on production | FY2023 | 19 – 21 | Reaffirmed |
| Aug 10, 2023 | Annual production (Boe per day) | FY2023 | 21,500 – 23,000 | Raised |
| Aug 10, 2023 | Oil as a % of sales volumes | FY2023 | 49% | Raised |
| Aug 10, 2023 | Production and ad valorem taxes (as a % of total sales) | FY2023 | 7% – 8% | Lowered |
| Aug 10, 2023 | midpoint annual production volume growth | FY2023 | +13% | Raised |
| Aug 10, 2023 | Inventory acquisitions and production acquisitions ($ in millions) | FY2023 | $50.00M | Raised |
| Aug 10, 2023 | Lease operating expenses (per Boe) | FY2023 | $7 – $8 | Lowered |
| Aug 10, 2023 | Cash general and administrative expense ($ in millions) | FY2023 | $20.00M – $22.00M | Raised |
| May 11, 2023 | Total capital expenditures | FY2023 | $275.00M – $305.00M | Raised |
| May 11, 2023 | Development capital expenditures | FY2023 | $230.00M – $260.00M | Lowered |
| May 11, 2023 | Net wells placed on production | FY2023 | 19 – 21 | Raised |
| May 11, 2023 | Annual production (Boe per day) | FY2023 | 21,000 – 23,000 | Raised |
| May 11, 2023 | Oil as a % of sales volumes | FY2023 | 49% | Raised |
| May 11, 2023 | Production and ad valorem taxes (as a % of total sales) | FY2023 | 7% – 8% | Lowered |
| May 11, 2023 | annual production volume growth | FY2023 | +11% | Raised |
| May 11, 2023 | Opportunity capture and proved property acquisitions | FY2023 | $45.00M | Raised |
| May 11, 2023 | Lease operating expenses (per Boe) | FY2023 | $7 – $8 | Lowered |
| May 11, 2023 | Cash general and administrative expense ($ in millions) | FY2023 | $20.00M – $22.00M | Raised |
| Mar 27, 2023 | Capital expenditures | FY2023 | $260.00M – $270.00M | New |
| Mar 27, 2023 | Net wells placed on production | FY2023 | 18 – 20 | New |
| Mar 27, 2023 | Annual production (Boe per day) | FY2023 | 20,500 – 22,500 | New |
| Mar 27, 2023 | Lease operating expenses (per Boe) | FY2023 | 6.5 – 7.5 | Lowered |
| Mar 27, 2023 | Oil as a % of sales volumes | FY2023 | 50% | New |
| Mar 27, 2023 | Production and ad valorem taxes (as a % of total sales) | FY2023 | 7% – 8% | Lowered |
| Mar 27, 2023 | annual production volume growth | FY2023 | +9% | New |
| Mar 27, 2023 | Cash general and administrative expense ($ in millions) | FY2023 | $20.00M – $22.00M | New |
| Mar 27, 2023 | quarterly dividend | FY2023 | $0.11 | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Granite Ridge Resources filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Results
- Results
- Update
- Results
- Results
- Update
- Results
- Results
- Results
- Results
- Results
- Update
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