Company research
Granite Ridge Resources, Inc.
CIK 1928446Updated Sep 24, 2026
SecurityGRNT · NYSE · equity
Historical securities (1)
GRNT.WS · NYSE · warrant · closed Jul 5, 2023GRNT price & chart
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Recent filings
Submission of Matters to a Vote of Security Holders
Items 5.07
SCHEDULE 13D/A filing
4 filing
SCHEDULE 13D/A filing
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
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,168,071,000Source | 1,036,479,000Source | 927,104,000Source | 794,777,000Source |
| Current assets: | ||||
| Assets, CurrentUSD | 118,883,000Source | 135,221,000Source | 151,552,000Source | 146,320,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 2,251,000Source | 3,831,000Source | — | — |
| Other Assets, NoncurrentUSD | 5,889,000Source | 4,288,000Source | 4,821,000Source | 3,468,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 562,311,000Source | 401,126,000Source | 255,459,000Source | 172,373,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 14,000Source | 14,000Source | 14,000Source | 13,000Source |
| Additional Paid in CapitalUSD | 659,228,000Source | 655,472,000Source | 653,174,000Source | 590,232,000Source |
| Retained Earnings (Accumulated Deficit)USD | -17,286,000Source | 16,047,000Source | 54,782,000Source | 32,388,000Source |
| Stockholders' Equity Attributable to ParentUSD | 605,760,000Source | 635,353,000Source | 671,645,000Source | 622,404,000Source |
| Liabilities and EquityUSD | 1,168,071,000Source | 1,036,479,000Source | 927,104,000Source | 794,777,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 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 | 87,330,000Source | 79,946,000Source | 73,989,000Source | 91,592,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | — | 60,875,000Source | 62,180,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 205,000,000Source | 110,000,000Source | — |
| Long-term Debt, Current MaturitiesUSD | 17,500,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 382,500,000Source | 205,000,000Source | 110,000,000Source | — |
cash flow · annual statements
| Line item | 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 | 3,756,000Source | 2,298,000Source | 2,162,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 4,449,000Source | -3,288,000Source | 846,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | 7,383,000Source | 5,958,000Source | 24,274,000Source | 12,850,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 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 | -409,808,000Source | -310,768,000Source | -356,676,000Source | -230,562,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 16,000Source | 442,000Source | 35,353,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 118,821,000Source | 33,724,000Source | 13,406,000Source | -76,848,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 5,427,000Source | -1,311,000Source | -40,403,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 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 | 3,756,000Source | 2,298,000Source | — | — |
| Amortization of Debt Issuance CostsUSD | 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 | -15,833,000Source | -15,183,000Source | — | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -10,518,000Source | — | — | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | -5,315,000Source | -15,300,000Source | 508,000Source | — |
| Gain (Loss) on InvestmentsUSD | — | -15,183,000Source | 508,000Source | — |
| General and Administrative ExpenseUSD | 31,009,000Source | 24,649,000Source | 27,920,000Source | 14,223,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -15,833,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 7,761,000Source | 6,207,000Source | 24,483,000Source | 12,850,000Source |
| InterestExpenseNonoperatingUSD | 25,500,000Source | 18,470,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 24,353,000Source | 18,759,000Source | 81,099,000Source | 262,344,000Source |
| Nonoperating Income (Expense)USD | -14,306,000Source | -34,290,000Source | 14,995,000Source | -26,951,000Source |
| Operating ExpensesUSD | 403,886,000Source | 320,774,000Source | 303,482,000Source | 195,272,000Source |
| Operating Lease, ExpenseUSD | 84,903,000Source | 57,461,000Source | 60,521,000Source | 44,678,000Source |
| Other Nonoperating Income (Expense)USD | -94,000Source | 271,000Source | — | — |
| Payments of Financing CostsUSD | 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 | 22,662,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 450,306,000Source | 380,030,000Source | 394,069,000Source | 497,417,000Source |
| Operating Income (Loss)USD | 46,420,000Source | 59,256,000Source | 90,587,000Source | 302,145,000Source |
| Other Nonoperating Income (Expense)USD | -94,000Source | 271,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 32,114,000Source | 24,966,000Source | 105,582,000Source | 275,194,000Source |
| Income Tax Expense (Benefit)USD | 7,761,000Source | 6,207,000Source | 24,483,000Source | 12,850,000Source |
| Net Income (Loss) Attributable to ParentUSD | 24,353,000Source | 18,759,000Source | 81,099,000Source | 262,344,000Source |
| Earnings Per Share, BasicUSD per share | 0.18Source | 0.14Source | 0.61Source | 1.97Source |
| Earnings Per Share, DilutedUSD per share | 0.18Source | 0.14Source | 0.61Source | 1.97Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 130,439,000Source | 130,189,000Source | 133,093,000Source | 132,923,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 130,501,000Source | 130,227,000Source | 133,109,000Source | 133,074,000Source |
| Interest Expense (non-operating)USD | 25,500,000Source | 18,470,000Source | — | — |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.44Source | 0.44Source | 0.44Source | 0.08Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -10,518,000Source | — | — | — |
| Gain (Loss) on InvestmentsUSD | — | -15,183,000Source | 508,000Source | — |
| General and Administrative ExpenseUSD | 31,009,000Source | 24,649,000Source | 27,920,000Source | 14,223,000Source |
| Interest ExpenseUSD | — | — | 5,315,000Source | 1,989,000Source |
| Nonoperating Income (Expense)USD | -14,306,000Source | -34,290,000Source | 14,995,000Source | -26,951,000Source |
| Operating ExpensesUSD | 403,886,000Source | 320,774,000Source | 303,482,000Source | 195,272,000Source |
| Operating Lease, ExpenseUSD | 84,903,000Source | 57,461,000Source | 60,521,000Source | 44,678,000Source |
| Other Cost and Expense, OperatingUSD | — | — | 176,000Source | — |