Granite Ridge Resources, Inc. (GRNT) Financial Statements (2026 and earlier)

Company Profile

Business Address 5217 MCKINNEY AVENUE
DALLAS, TX 75205
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments25,80641,20260,85750,833
Cash and cash equivalent14,8469,41910,43050,833
Short-term investments10,96031,78350,427 
Prepaid expense   1,7164,203
Derivative instruments and hedges, assets13,97853711,11710,089
Other undisclosed current assets79,09993,48277,86281,195
Total current assets:118,883135,221151,552146,320
Noncurrent Assets
Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment1,039,556896,970769,542644,989
Derivative instruments and hedges3,743 1,189 
Other noncurrent assets5,8894,2884,8213,468
Total noncurrent assets:1,049,188901,258775,552648,457
TOTAL ASSETS:1,168,0711,036,479927,104794,777
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:76,84799,44060,87562,180
Accounts payable 21,33126,438  
Accrued liabilities 4,1753,01060,87562,180
Other undisclosed accounts payable and accrued liabilities51,34169,992  
Debt17,500   
Derivative instruments and hedges, liabilities241,822 431
Other liabilities8105461,2041,523
Total current liabilities:95,181101,80862,07964,134
Noncurrent Liabilities
Long-term debt and lease obligation382,500205,000110,000 
Long-term debt, excluding current maturities382,500205,000110,000 
Liabilities, other than long-term debt99,29894,31883,38096,337
Asset retirement obligations11,96810,6939,3914,745
Deferred income tax liabilities87,33079,94673,98991,592
Other liabilities    
Derivative instruments and hedges, liabilities 3,679  
Other undisclosed noncurrent liabilities (14,668)  11,902
Total noncurrent liabilities:467,130299,318193,380108,239
Total liabilities:562,311401,126255,459172,373
Equity
Equity, attributable to parent605,760635,353671,645622,404
Common stock14141413
Treasury stock, value(36,196)(36,180)(36,325)(229)
Additional paid in capital659,228655,472653,174590,232
Retained earnings (accumulated deficit)(17,286)16,04754,78232,388
Total equity:605,760635,353671,645622,404
TOTAL LIABILITIES AND EQUITY:1,168,0711,036,479927,104794,777

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Revenues450,306380,030394,069497,417
Gross profit:450,306380,030394,069497,417
Operating expenses(403,886)(320,774)(303,482)(195,272)
Operating income:46,42059,25690,587302,145
Nonoperating income (expense)(14,306)(34,290)14,995(26,951)
Investment income, nonoperating27,121(908)26,052(25,324)
Interest and debt expense(25,500)(18,470)(5,315)(1,989)
Income (loss) from continuing operations before equity method investments, income taxes:6,6146,496100,267273,205
Other undisclosed income from continuing operations before income taxes25,50018,4705,3151,989
Income (loss) from continuing operations before income taxes:32,11424,966105,582275,194
Income tax expense (benefit)(7,761)(6,207)(24,483)(12,850)
Net income (loss) available to common stockholders, basic:24,35318,75981,099262,344
Other undisclosed net loss available to common stockholders, diluted(297)(211)(152) 
Net income (loss) available to common stockholders, diluted:24,05618,54880,947262,344

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Net income (loss):24,35318,75981,099262,344
Comprehensive income (loss), net of tax, attributable to parent:24,35318,75981,099262,344

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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