Granite Ridge Resources (GRNT) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Granite Ridge Resources delivered a sharply disappointing fourth quarter, missing Wall Street expectations on both the top and bottom lines as falling commodity prices overwhelmed strong production growth. The Houston-based non-operator posted adjust… Read more Granite Ridge Resources delivered a sharply disappointing fourth quarter, missing Wall Street expectations on both the top and bottom lines as falling commodity prices overwhelmed strong production growth. The Houston-based non-operator posted adjusted EPS of just $0.01 for Q4 2025, a 90.00% shortfall versus the $0.10 consensus estimate, while revenue of $105.48 million came in 12.41% below the $120.43 million analysts had expected, roughly flat with the year-ago period at a -0.8% decline. The central culprit was a steep drop in realized oil prices to $55.49 per barrel from $65.53 a year ago, compounded by a 29% rise in per-unit lease operating expenses and $44.65 million in asset impairment charges that drove a GAAP net loss of $25.06 million for the quarter. Shares fell more than 6% following the release, though insider buying provided a note of confidence from within. Looking ahead, management guided 2026 production of 34,000 to 36,000 Boe per day with capital expenditures trimmed to $320 to $360 million, signaling a deliberate pivot toward capital discipline over growth.