Company research
Granite Ridge Resources, Inc.
CIK 1928446Updated Nov 6, 2026
SecurityGRNT · NYSE · equity
Historical securities (1)
GRNT.WS · NYSE · warrant · closed Jul 5, 2023GRNT price & chart
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NYSE:GRNT on TradingView ↗In the news
Seeking Alpha
Granite Ridge Resources: Expects Free Cash Flow Generation In 2027 ↗
Granite Ridge outlines 10% 2027 production growth as it authorizes $35M share repurchase program ↗
Granite Ridge Resources, Inc. (GRNT) Q3 2026 Earnings Call Transcript ↗
SEC disclosures
Granite Ridge Resources, Inc. files 8-K/A ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
SCHEDULE 13G/A - filed by HAMILTON LANE ADVISORS LLC regarding Granite Ridge Resources, Inc.
Submission of Matters to a Vote of Security Holders
Items 5.07
SCHEDULE 13D/A - filed by GREP GP III, LLC regarding Granite Ridge Resources, Inc.
Show 5 more recent filings
4 filing
SCHEDULE 13D/A - filed by GREP GP III, LLC regarding Granite Ridge Resources, Inc.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure · Other Events
Items 5.02, 7.01, 8.01, 9.01
EFFECT filing
4 filing
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 1,128,540,000Source | 1,035,875,000Source | 1,237,577,000Source | 1,104,963,000Source | 990,490,000Source | 1,193,873,000Source | 1,087,436,000Source | 966,682,000Source | 1,168,071,000Source | 1,036,479,000Source | 927,104,000Source | 794,777,000Source |
| Current assets: | ||||||||||||
| Assets, CurrentUSD | 108,801,000Source | 132,094,000Source | 154,839,000Source | 108,964,000Source | 150,598,000Source | 144,106,000Source | 128,360,000Source | 168,858,000Source | 118,883,000Source | 135,221,000Source | 151,552,000Source | 146,320,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,131,000Source | 2,592,000Source | 4,840,000Source | 2,298,000Source | — | 1,400,000Source | 4,724,000Source | — | 2,251,000Source | 3,831,000Source | — | — |
| Other Assets, NoncurrentUSD | 3,516,000Source | 4,331,000Source | 5,121,000Source | 3,937,000Source | 4,983,000Source | 5,505,000Source | 3,910,000Source | 4,785,000Source | 5,889,000Source | 4,288,000Source | 4,821,000Source | 3,468,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 484,648,000Source | 375,295,000Source | 675,204,000Source | 462,497,000Source | 325,169,000Source | 648,237,000Source | 456,023,000Source | 292,664,000Source | 562,311,000Source | 401,126,000Source | 255,459,000Source | 172,373,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 14,000Source | 13,000Source |
| Additional Paid in CapitalUSD | 657,859,000Source | 654,857,000Source | 661,876,000Source | 656,520,000Source | 654,269,000Source | 660,626,000Source | 656,125,000Source | 653,686,000Source | 659,228,000Source | 655,472,000Source | 653,174,000Source | 590,232,000Source |
| Retained Earnings (Accumulated Deficit)USD | 22,215,000Source | 42,051,000Source | -63,291,000Source | 22,128,000Source | 47,380,000Source | -78,778,000Source | 11,470,000Source | 56,660,000Source | -17,286,000Source | 16,047,000Source | 54,782,000Source | 32,388,000Source |
| Stockholders' Equity Attributable to ParentUSD | 643,892,000Source | 660,580,000Source | 562,373,000Source | 642,466,000Source | 665,321,000Source | 545,636,000Source | 631,413,000Source | 674,018,000Source | 605,760,000Source | 635,353,000Source | 671,645,000Source | 622,404,000Source |
| Liabilities and EquityUSD | 1,128,540,000Source | 1,035,875,000Source | 1,237,577,000Source | 1,104,963,000Source | 990,490,000Source | 1,193,873,000Source | 1,087,436,000Source | 966,682,000Source | 1,168,071,000Source | 1,036,479,000Source | 927,104,000Source | 794,777,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 76,963,000Source | 84,464,000Source | 151,247,000Source | 82,474,000Source | 67,336,000Source | 155,726,000Source | 107,231,000Source | 66,109,000Source | 95,181,000Source | 101,808,000Source | 62,079,000Source | 64,134,000Source |
| Accounts Payable, CurrentUSD | — | — | — | — | — | — | — | — | 21,331,000Source | 26,438,000Source | 20,037,000Source | — |
| Deferred Income Tax Liabilities, NetUSD | 95,119,000Source | 84,722,000Source | 82,456,000Source | 90,221,000Source | 80,392,000Source | 73,682,000Source | 82,816,000Source | 78,809,000Source | 87,330,000Source | 79,946,000Source | 73,989,000Source | 91,592,000Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | — | — | — | — | 62,336,000Source | — | — | 62,028,000Source | — | — | 60,875,000Source | 62,180,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | — | — | — | — | — | 382,500,000Source | 205,000,000Source | 110,000,000Source | — |
| Long-term Debt, Current MaturitiesUSD | — | — | 35,000,000Source | — | — | 26,250,000Source | — | — | 17,500,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 300,000,000Source | 195,000,000Source | 427,108,000Source | 275,000,000Source | 165,000,000Source | 400,022,000Source | 250,000,000Source | 137,500,000Source | 382,500,000Source | 205,000,000Source | 110,000,000Source | — |
| Other Liabilities, Noncurrent | — | — | —Source | — | — | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 1,398,000Source | 653,000Source | 3,756,000Source | 2,298,000Source | 2,162,000Source | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 16,643,000Source | 11,053,000Source | 4,449,000Source | -3,288,000Source | 846,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -13,647,000Source | 2,870,000Source | 7,383,000Source | 5,958,000Source | 24,274,000Source | 12,850,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 58,348,000Source | 76,091,000Source | 296,414,000Source | 275,733,000Source | 302,867,000Source | 346,389,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -68,647,000Source | -99,997,000Source | -409,808,000Source | -310,768,000Source | -356,676,000Source | -230,562,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 30,000Source | 16,000Source | 16,000Source | 442,000Source | 35,353,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 25,509,000Source | 30,595,000Source | 118,821,000Source | 33,724,000Source | 13,406,000Source | -76,848,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | — | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 15,210,000Source | 6,689,000Source | 5,427,000Source | -1,311,000Source | -40,403,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 11,832,000Source | 23,102,000Source | 44,092,000Source | 3,743,000Source | 30,056,000Source | 16,108,000Source | 14,846,000Source | 9,419,000Source | 10,730,000Source | 51,133,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 24,748,000Source | 14,472,000Source | 4,825,000Source | 2,286,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 549,000Source | 197,000Source | 742,000Source | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 1,300,000Source | 600,000Source | 1,300,000Source | 400,000Source | 1,400,000Source | 700,000Source | 3,756,000Source | 2,298,000Source | — | — |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 1,324,000Source | 378,000Source | 2,208,000Source | 3,540,000Source | 1,260,000Source | 159,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | — | — | — | — | — | — | — | — | 920,000Source | 791,000Source | 441,000Source | 499,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | — | — | -2,223,000Source | -5,795,000Source | 6,675,000Source | -9,971,000Source | -15,833,000Source | -15,183,000Source | — | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | — | -2,223,000Source | -10,518,000Source | — | — | -10,518,000Source | — | — | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 548,000Source | -18,320,000Source | 0Source | 4,723,000Source | 6,700,000Source | -10,000,000Source | -5,315,000Source | -15,300,000Source | 508,000Source | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | — | -15,183,000Source | 508,000Source | — |
| General and Administrative ExpenseUSD | — | — | 6,988,000Source | 5,590,000Source | 9,151,000Source | 8,517,000Source | 9,080,000Source | 7,463,000Source | 31,009,000Source | 24,649,000Source | 27,920,000Source | 14,223,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | — | — | — | — | — | — | 6,675,000Source | -9,971,000Source | -15,833,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | 4,769,000Source | 4,330,000Source | 8,873,000Source | 7,777,000Source | -13,633,000Source | 2,880,000Source | 7,761,000Source | 6,207,000Source | 24,483,000Source | 12,850,000Source |
| InterestExpenseNonoperatingUSD | — | — | 6,069,000Source | 4,820,000Source | 11,074,000Source | 5,914,000Source | 10,319,000Source | 5,015,000Source | 25,500,000Source | 18,470,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 14,523,000Source | 9,054,000Source | 29,996,000Source | 25,081,000Source | -47,031,000Source | 9,812,000Source | 24,353,000Source | 18,759,000Source | 81,099,000Source | 262,344,000Source |
| Nonoperating Income (Expense)USD | — | — | -297,000Source | -11,298,000Source | -148,000Source | 12,123,000Source | -75,513,000Source | -29,843,000Source | -14,306,000Source | -34,290,000Source | 14,995,000Source | -26,951,000Source |
| Operating ExpensesUSD | — | — | 93,082,000Source | 69,393,000Source | 110,256,000Source | 88,484,000Source | 113,415,000Source | 80,396,000Source | 403,886,000Source | 320,774,000Source | 303,482,000Source | 195,272,000Source |
| Operating Lease, ExpenseUSD | — | — | 23,596,000Source | 13,026,000Source | 29,961,000Source | 20,118,000Source | 29,679,000Source | 16,240,000Source | 84,903,000Source | 57,461,000Source | 60,521,000Source | 44,678,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 0Source | 1,000Source | 157,000Source | -93,000Source | 158,000Source | 0Source | -94,000Source | 271,000Source | — | — |
| Payments of Financing CostsUSD | — | — | — | — | — | — | — | 0Source | 4,477,000Source | 3,340,000Source | 2,616,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 5,000Source | 6,825,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | 3,456,000Source | 6,112,000Source | 35,725,000Source | 22,954,000Source | -60,185,000Source | -14,744,000Source | 22,662,000Source | — | — | — |
| Unrealized Gain (Loss) on Investments | — | — | — | —Source | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 112,671,000Source | 94,075,000Source | 149,273,000Source | 109,219,000Source | 128,264,000Source | 122,931,000Source | 450,306,000Source | 380,030,000Source | 394,069,000Source | 497,417,000Source |
| Operating Income (Loss)USD | — | — | 19,589,000Source | 24,682,000Source | 39,017,000Source | 20,735,000Source | 14,849,000Source | 42,535,000Source | 46,420,000Source | 59,256,000Source | 90,587,000Source | 302,145,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 0Source | 1,000Source | 157,000Source | -93,000Source | 158,000Source | 0Source | -94,000Source | 271,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 19,292,000Source | 13,384,000Source | 38,869,000Source | 32,858,000Source | -60,664,000Source | 12,692,000Source | 32,114,000Source | 24,966,000Source | 105,582,000Source | 275,194,000Source |
| Income Tax Expense (Benefit)USD | — | — | 4,769,000Source | 4,330,000Source | 8,873,000Source | 7,777,000Source | -13,633,000Source | 2,880,000Source | 7,761,000Source | 6,207,000Source | 24,483,000Source | 12,850,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 14,523,000Source | 9,054,000Source | 29,996,000Source | 25,081,000Source | -47,031,000Source | 9,812,000Source | 24,353,000Source | 18,759,000Source | 81,099,000Source | 262,344,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.11Source | 0.07Source | 0.23Source | 0.19Source | -0.36Source | 0.07Source | 0.18Source | 0.14Source | 0.61Source | 1.97Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.11Source | 0.07Source | 0.23Source | 0.19Source | -0.36Source | 0.07Source | 0.18Source | 0.14Source | 0.61Source | 1.97Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 130,472,000Source | 130,204,000Source | 130,805,000Source | 130,469,000Source | 130,620,000Source | 130,336,000Source | 130,439,000Source | 130,189,000Source | 133,093,000Source | 132,923,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 130,506,000Source | 130,242,000Source | 130,824,000Source | 130,588,000Source | 130,620,000Source | 130,401,000Source | 130,501,000Source | 130,227,000Source | 133,109,000Source | 133,074,000Source |
| Interest Expense (non-operating)USD | — | — | 6,069,000Source | 4,820,000Source | 11,074,000Source | 5,914,000Source | 10,319,000Source | 5,015,000Source | 25,500,000Source | 18,470,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.11Source | 0.11Source | 0.11Source | 0.11Source | 0.11Source | 0.11Source | 0.44Source | 0.44Source | 0.44Source | 0.08Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | — | — | -2,223,000Source | -10,518,000Source | — | — | -10,518,000Source | — | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | — | -15,183,000Source | 508,000Source | — |
| General and Administrative ExpenseUSD | — | — | 6,988,000Source | 5,590,000Source | 9,151,000Source | 8,517,000Source | 9,080,000Source | 7,463,000Source | 31,009,000Source | 24,649,000Source | 27,920,000Source | 14,223,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 5,315,000Source | 1,989,000Source |
| Nonoperating Income (Expense)USD | — | — | -297,000Source | -11,298,000Source | -148,000Source | 12,123,000Source | -75,513,000Source | -29,843,000Source | -14,306,000Source | -34,290,000Source | 14,995,000Source | -26,951,000Source |
| Operating ExpensesUSD | — | — | 93,082,000Source | 69,393,000Source | 110,256,000Source | 88,484,000Source | 113,415,000Source | 80,396,000Source | 403,886,000Source | 320,774,000Source | 303,482,000Source | 195,272,000Source |
| Operating Lease, ExpenseUSD | — | — | 23,596,000Source | 13,026,000Source | 29,961,000Source | 20,118,000Source | 29,679,000Source | 16,240,000Source | 84,903,000Source | 57,461,000Source | 60,521,000Source | 44,678,000Source |
| Other Cost and Expense, OperatingUSD | — | — | — | — | — | — | — | — | — | — | 176,000Source | — |