Granite Ridge Resources, Inc.
For the period ended Dec 31, 2025. Filed Mar 6, 2026.
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FY2025 · Filed Mar 6, 2026
GRNT$5.67+7.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (in thousands, except par value and share data) | 2025 | 2024 |
| ASSETS | ||
| Current assets: | ||
| Cash | $14,846 | $9,419 |
| Revenue receivable | 74,166 | 69,692 |
| Advances to operators | 2,682 | 19,959 |
| Prepaid and other current assets | 2,251 | 3,831 |
| Derivative assets - commodity derivatives | 13,978 | 537 |
| Equity investments | 10,960 | 31,783 |
| Total current assets | 118,883 | 135,221 |
| Property and equipment: | ||
| Oil and gas properties, successful efforts method | 1,897,388 | 1,540,021 |
| Accumulated depletion | (857,832) | (643,051) |
| Total property and equipment, net | 1,039,556 | 896,970 |
| Long-term assets: | ||
| Derivative assets - commodity derivatives | 3,743 | — |
| Other long-term assets | 5,889 | 4,288 |
| Total long-term assets | 9,632 | 4,288 |
| Total assets | $1,168,071 | $1,036,479 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $76,847 | $99,440 |
| Current portion of long-term debt | 17,500 | — |
| Other liabilities | 810 | 546 |
| Derivative liabilities - commodity derivatives | 24 | 1,822 |
| Total current liabilities | 95,181 | 101,808 |
| Long-term liabilities: | ||
| Long-term debt, net | 367,832 | 205,000 |
| Derivative liabilities - commodity derivatives | — | 3,679 |
| Asset retirement obligations | 11,968 | 10,693 |
| Deferred tax liability | 87,330 | 79,946 |
| Total long-term liabilities | 467,130 | 299,318 |
| Total liabilities | 562,311 | 401,126 |
| Commitments and contingencies (Note 11) | ||
| Stockholders' Equity: | ||
| Common stock, $0.0001 par value, 431,000,000 shares authorized, 136,941,978 and 136,417,677 issued at December 31, 2025 and 2024, respectively | 14 | 14 |
| Additional paid-in capital | 659,228 | 655,472 |
| Retained earnings | (17,286) | 16,047 |
| Treasury stock, at cost, 5,686,711 and 5,683,921 shares at December 31, 2025 and 2024, respectively | (36,196) | (36,180) |
| Total stockholders' equity | 605,760 | 635,353 |
| Total liabilities and stockholders' equity | $1,168,071 | $1,036,479 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.