NYSE$GRNT

Granite Ridge Resources Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Granite Ridge Resources reported Q1 2026 total revenues of $128.3M and a net loss of $47.0M, with diluted loss per share of $0.36.

Total revenues were $128.3 million (+4% YoY) but the company reported a net loss of $47.0 million vs. net income of $9.8 million a year ago, reflecting commodity derivatives and hedge marks. Diluted loss per share was $0.36.

  • Total revenues $128.3M (+4%).
  • Net loss $(47.0)M vs. $9.8M income YoY.
  • Oil & gas E&P with hedge volatility.
  • Diluted EPS $(0.36).

Headline financials

Total Revenue

$128M

Previous: $123M+4.3%
EPS (adj)

-$0.36

Previous: $0.07-614.3%
Capital Expenditures

-$69.9M

Previous: -$101M+31.1%
Net Income

-$47M

Previous: $9.81M-579.3%
Operating Income

$14.8M

Previous: $42.5M-65.1%

Revenue & EPS history

Granite Ridge · Revenue · Quarterly

$128M

Q1 2026+4.3%vs Q1 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

Commodity prices and hedge positions dominate outlook; no EPS guide.

Tailwinds

  • Revenue up modestly.
  • Production base in Permian/other basins.

Headwinds

  • Derivative losses swung GAAP results.
  • Commodity price exposure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

-0.3%

Avg return

30 days after

36%

4 / 11 earnings

Positive

+3.9%

Q3 2022

Best reaction

-6.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-8.1%-15.8%
Q4 2025-6.0%-5.1%+7.3%
Q3 2025-4.6%-5.6%+0.4%
Q1 2025+1.4%+10.8%+14.5%
Q3 2024-0.2%+3.8%-2.8%
Q2 2024+2.6%+7.1%-1.5%
Q1 2024+0.6%-2.0%-5.7%
Q3 2023-2.8%-1.3%-2.0%
Q2 2023-2.3%+3.5%+3.6%
Q1 2023-4.8%-2.9%+8.3%
Q3 2022+3.9%+3.8%-10.0%

Discussion

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