$GRNT
Granite Ridge Resources, Inc. Stock $grnt

$grnt Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000192844623000014 Filed on May 11, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q4
Revenue	$87.56M	$91.31M	$497.4M
YoY Change
Cost Of Revenue	$6.303M	$5.717M	$30.62M
YoY Change		10.47%
Gross Profit	$81.25M	$85.59M	$466.8M
YoY Change		-3.48%
Gross Profit Margin	92.8%	93.74%	93.84%
Selling, General & Admin	$22.42M	$22.35M	$58.90M
YoY Change	177.52%	3905.12%	4912.77%
% of Gross Profit	27.59%	26.11%	12.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$34.97M	$33.85M	$105.8M
YoY Change		109.93%
% of Gross Profit	43.04%	39.55%	22.65%
Operating Expenses	$63.69M	$61.92M	$164.7M
YoY Change	683.61%	10518.38%	13800.63%
Operating Profit	$23.87M	$29.39M	$302.1M
YoY Change	-75.98%	-52.11%
Interest Expense	$1.211M	$339.0K	-$26.95M
YoY Change	-119.21%	-91.26%	-2063.96%
% of Operating Profit	5.07%	1.15%	-8.92%
Other Income/Expense, Net	-$11.00M	$18.26M
YoY Change	-2419.68%	68554.14%
Pretax Income	$12.87M	$47.65M	$275.2M
YoY Change	-192.18%	1334.04%	138739.61%
Income Tax	$4.100M	$10.80M	$12.85M
% Of Pretax Income	31.87%	22.66%	4.67%
Net Earnings	$8.737M	$36.87M	$262.3M
YoY Change	-86.85%	32.4%	132256.59%
Net Earnings / Revenue	9.98%	40.37%	52.74%
Basic Earnings Per Share	$0.07	$0.28
Diluted Earnings Per Share	$0.07	$0.28	$1.97
COMMON SHARES
Basic Shares Outstanding	133.0M shares	133.2M	133.3M
Diluted Shares Outstanding	132.9M shares	133.0M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$24.60M	$27.54M
YoY Change	14192.27%	17843.57%
Cash & Equivalents	$14.79M	$11.23M	$51.13M
Short-Term Investments	$10.10M	$16.61M
Other Short-Term Assets	$24.27M	$22.09M
YoY Change	43529.34%	18685.82%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$104.4M	$115.3M	$146.3M
YoY Change	45743.76%	42447.68%	88.07%
LONG-TERM ASSETS
Property, Plant & Equipment	$765.8M	$737.4M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.142M	$3.305M	$3.468M
YoY Change			858.01%
Total Long-Term Assets	$768.9M	$740.7M	$648.5M
YoY Change	85.48%	78.89%	132.93%
TOTAL ASSETS
Total Short-Term Assets	$104.4M	$115.3M	$146.3M
Total Long-Term Assets	$768.9M	$740.7M	$648.5M
Total Assets	$873.3M	$856.1M	$794.8M
YoY Change	110.55%	106.61%	123.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable			$32.22M
YoY Change			46766.45%
Accrued Expenses	$51.51M	$69.60M	$62.18M
YoY Change	503.9%	5576.85%	836.45%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$52.90M	$71.96M	$64.13M
YoY Change	413.14%	3201.33%	58.23%
LONG-TERM LIABILITIES
Long-Term Debt	$55.00M	$25.00M	$0.00
YoY Change			-100.0%
Other Long-Term Liabilities	$6.889M	$12.54M
YoY Change	-27.94%	285.12%
Total Long-Term Liabilities	$168.1M	$139.1M	$108.2M
YoY Change	1658.5%	4170.83%	7841.23%
TOTAL LIABILITIES
Total Short-Term Liabilities	$52.90M	$71.96M	$64.13M
Total Long-Term Liabilities	$168.1M	$139.1M	$108.2M
Total Liabilities	$221.0M	$211.0M	$172.4M
YoY Change	1012.33%	3782.06%	311.45%
SHAREHOLDERS EQUITY
Retained Earnings	$48.61M	$54.50M	$32.39M
YoY Change
Common Stock	$14.00K	$13.00K	$13.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$652.3M	$645.1M	$622.4M
YoY Change
Total Liabilities & Shareholders Equity	$873.3M	$856.1M	$794.8M
YoY Change	110.55%	106.61%	123.13%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q4
OPERATING ACTIVITIES
Net Income	$8.737M	$36.87M	$262.3M
YoY Change	-86.85%	32.4%	132256.59%
Depreciation, Depletion And Amortization	$34.97M	$33.85M	$105.8M
YoY Change		109.93%
Cash From Operating Activities	$74.19M	$81.47M	$347.5M
YoY Change	-9863.24%	-29157.38%	-100899.85%
INVESTING ACTIVITIES
Capital Expenditures	$81.88M	$129.9M	$234.7M
YoY Change		186.48%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$4.126M
YoY Change		-100.0%
Cash From Investing Activities	-$81.88M	-$129.9M	-$230.6M
YoY Change		196.26%
FINANCING ACTIVITIES
Cash Dividend Paid		$14.64M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	11.26M	$8.549M	-77.97M
YoY Change	1346.41%	2414.41%	-31286.59%
NET CHANGE
Cash From Operating Activities	74.19M	$81.47M	347.5M
Cash From Investing Activities	-81.88M	-$129.9M	-230.6M
Cash From Financing Activities	11.26M	$8.549M	-77.97M
Net Change In Cash	3.563M	-$39.90M	38.97M
YoY Change	19025.07%	-67040.11%	-41232.48%
FREE CASH FLOW
Cash From Operating Activities	$74.19M	$81.47M	$347.5M
Capital Expenditures	$81.88M	$129.9M	$234.7M
Free Cash Flow	-$7.697M	-$48.45M	$112.8M
YoY Change		6.18%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001928446
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-41537
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	GRANITE RIDGE RESOURCES, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	88-2227812
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	5217 McKinney Ave
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 400
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75205
CY2023Q1	dei	City Area Code CityAreaCode	214
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	396-2850
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	133037900	shares
CY2023Q1	us-gaap	Cash Cash	10930000	usd
CY2022Q4	us-gaap	Cash Cash	50833000	usd
CY2023Q1	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	65702000	usd
CY2022Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	72287000	usd
CY2023Q1	grnt	Advances To Operators AdvancesToOperators	19855000	usd
CY2022Q4	grnt	Advances To Operators AdvancesToOperators	8908000	usd
CY2023Q1	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	2239000	usd
CY2022Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	4203000	usd
CY2023Q1	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	16608000	usd
CY2022Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	10089000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	115334000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	146320000	usd
CY2023Q1	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	1154886000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	1028662000	usd
CY2023Q1	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	417442000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	383673000	usd
CY2023Q1	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	737444000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	644989000	usd
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3305000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3468000	usd
CY2023Q1	grnt	Total Long Term Assets TotalLongTermAssets	3305000	usd
CY2022Q4	grnt	Total Long Term Assets TotalLongTermAssets	3468000	usd
CY2023Q1	us-gaap	Assets Assets	856083000	usd
CY2022Q4	us-gaap	Assets Assets	794777000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	69601000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	62180000	usd
CY2023Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2350000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1523000	usd
CY2023Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	13000	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	431000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	71964000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	64134000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	25000000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	usd
CY2023Q1	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	6624000	usd
CY2022Q4	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	11902000	usd
CY2023Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	5916000	usd
CY2022Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	4745000	usd
CY2023Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	101522000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	91592000	usd
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	139062000	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	108239000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	211026000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	172373000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	431000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	431000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	133477494	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	133294897	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	13000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	13000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	592578000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	590232000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	54496000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	32388000	usd
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	311133	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	25920	shares
CY2023Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	2030000	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	229000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	645057000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	622404000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	856083000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	794777000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	91310000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	93850000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	13772000	usd
CY2022Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	8412000	usd
CY2023Q1	grnt	Production And Ad Valorem Taxes ProductionAndAdValoremTaxes	5717000	usd
CY2022Q1	grnt	Production And Ad Valorem Taxes ProductionAndAdValoremTaxes	5175000	usd
CY2023Q1	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	33852000	usd
CY2022Q1	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	16125000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1059000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8579000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2774000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	61920000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	32486000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	29390000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	61364000	usd
CY2023Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	13323000	usd
CY2022Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-28395000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	339000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	525000	usd
CY2023Q1	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	5278000	usd
CY2022Q1	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	18262000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-28920000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	47652000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	32444000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10786000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	36866000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	32444000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.24
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133002000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133002000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	622404000	usd
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	1287000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	1059000	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1801000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.11
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	14640000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	36866000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	645057000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	474930000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	32444000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	507374000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	36866000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	32444000	usd
CY2023Q1	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	33852000	usd
CY2022Q1	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	16125000	usd
CY2023Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	13323000	usd
CY2022Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-28395000	usd
CY2023Q1	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	6386000	usd
CY2022Q1	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-7775000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1059000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	163000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	10000	usd
CY2023Q1	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	5278000	usd
CY2022Q1	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	9964000	usd
CY2022Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	137000	usd
CY2022Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
CY2023Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-6433000	usd
CY2022Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	14019000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	4609000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	670000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-65000	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-53000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	815000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	161000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	81474000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	56064000	usd
CY2023Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	105556000	usd
CY2022Q1	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	39836000	usd
CY2023Q1	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	24370000	usd
CY2022Q1	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	5517000	usd
CY2023Q1	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	0	usd
CY2022Q1	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	750000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	0	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	748000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-129926000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-43855000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	25000000	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	5000000	usd
CY2023Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	0	usd
CY2022Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	9400000	usd
CY2023Q1	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0	usd
CY2022Q1	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	84000	usd
CY2023Q1	grnt	Payment Of Expenses Related To Formation PaymentOfExpensesRelatedToFormation	43000	usd
CY2022Q1	grnt	Payment Of Expenses Related To Formation PaymentOfExpensesRelatedToFormation	0	usd
CY2023Q1	grnt	Payment To Acquire Treasury Shares PaymentToAcquireTreasuryShares	1768000	usd
CY2022Q1	grnt	Payment To Acquire Treasury Shares PaymentToAcquireTreasuryShares	0	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	14640000	usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8549000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4316000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-39903000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	7893000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51133000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12154000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11230000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20047000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	148000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	17000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	33000	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023Q1	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses	3412000	usd
CY2022Q1	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpenses	10413000	usd
CY2023Q1	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	26299000	usd
CY2022Q1	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	21910000	usd
CY2023Q1	us-gaap	Cash Cash	10930000	usd
CY2022Q1	us-gaap	Cash Cash	19747000	usd
CY2023Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2022Q1	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11230000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20047000	usd
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	Organization and nature of operations<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Granite Ridge Resources, Inc. (together with its consolidated subsidiaries, “Granite Ridge” the “Company” or the “Successor”) is a Delaware corporation, initially formed in May 2022, whose common stock and warrants are listed and traded on the New York Stock Exchange (“NYSE”). The Company was created for the purpose of the Business Combination (as defined below), and following the Business Combination, for the purpose of purchasing non-operated oil and natural gas assets in multiple basins in North America and realizing profits through participation in oil and natural gas wells.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 24, 2022, the Business Combination closed and was accounted for as a reverse recapitalization and Grey Rock Energy Fund III (as defined below) was determined to be the accounting acquirer and Predecessor (as defined below). Unless otherwise indicated, for the periods prior to October 24, 2022, (i) the historical financial data in this Quarterly Report on Form 10-Q and (ii) the operating and other non-financial data disclosed in “Item II – Management’s Discussion and Analysis of Financial Condition and Results of Operations” (collectively the “Financial Statement Sections”) reflect the combined business and operations of the Funds (as defined below).</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business Combination</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 24, 2022 (the “Closing Date”), Granite Ridge and Executive Network Partnering Corporation, a Delaware corporation (“ENPC”), consummated the Business Combination pursuant to the terms of the Business Combination Agreement, dated as of May 16, 2022 (the “Business Combination Agreement”), by and among ENPC, Granite Ridge, ENPC Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Granite Ridge (“ENPC Merger Sub”), GREP Merger Sub, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Granite Ridge (“GREP Merger Sub”), and Granite Ridge Holdings, LLC, a Delaware limited liability company formerly known as GREP Holdings, LLC (“GREP”).</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the Business Combination Agreement, on the Closing Date, (i) ENPC Merger Sub merged with and into ENPC (the “ENPC Merger”), with ENPC surviving the ENPC Merger as a wholly-owned subsidiary of Granite Ridge and (ii) GREP Merger Sub merged with and into GREP (the “GREP Merger,” and together with the ENPC Merger, the “Mergers”), with GREP surviving the GREP Merger as a wholly-owned subsidiary of Granite Ridge (the transactions contemplated by the foregoing clauses (i) and (ii) the “Business Combination,” and together with the other transactions contemplated by the Business Combination Agreement, the “Transactions”).</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Immediately prior to the closing of the Transactions, the net assets of Grey Rock Energy Fund, L.P., a Delaware limited partnership (“Fund I”), Grey Rock Energy Fund II, L.P., a Delaware limited partnership (“Fund II-A”), Grey Rock Energy Fund II-B, L.P., a Delaware limited partnership (“Fund II-B”), and Grey Rock Energy Fund II-B Holdings, L.P., a Delaware limited partnership (“Fund II-B Holdings”, and together with Fund II-A and Fund II-B, collectively, “Fund II”), and Grey Rock Energy Fund III-A, L.P., a Delaware limited partnership (“Fund III-A”), Grey Rock Energy Partners Fund III-B, L.P., a Delaware limited partnership (“Fund III-B”), and Grey Rock Energy Fund III-B Holdings, L.P., a Delaware limited partnership (“Fund III-B Holdings” and together with Fund III-A and Fund III-B, collectively, “Fund III” or “Predecessor”) were transferred (through various intermediary entities) to GREP (the “GREP Formation Transaction”). Fund I, Fund II and Fund III are collectively referred to herein as the “Funds”.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At the special meeting of ENPC stockholders held in connection with the Business Combination, of the 41,400,000 shares of ENPC Class A common stock, public stockholders of 39,343,496 shares of ENPC Class A common stock exercised their rights to have those shares redeemed for cash at a redemption price of approximately $10.07 per share, or an aggregate of approximately $396.1 million. The holders of membership interests in GREP (the “Existing GREP Members”) and their direct and indirect members were issued 130.0 million shares of Granite Ridge common stock at the closing. Upon consummation of the Business Combination, each public stockholder’s ENPC common stock and ENPC warrants were automatically converted into an equivalent number of shares of Granite Ridge common stock and Granite Ridge warrants as a result of the Transactions. At the effective time of the Mergers, (i) 495,357 shares of ENPC Class F common stock were converted to 1,238,393 shares of ENPC Class A common stock (of which an aggregate of 220,348 shares were subsequently forfeited pursuant to the terms of the Sponsor Agreement, dated as of May 16, 2022, by and among ENPC, Granite Ridge, and certain other parties thereto (the “Sponsor Agreement”)) and the remaining shares of ENPC Class F common stock outstanding were automatically cancelled for no consideration (the “ENPC Class F Conversion”) (ii) all </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">other remaining shares of ENPC Class A common stock automatically cancelled without any conversion, payment or distribution (the “Sponsor Share Cancellation”) and (iii) all shares of ENPC Class B common stock outstanding were deemed transferred to ENPC and surrendered and forfeited for no consideration (the “ENPC Class B Contribution”). In January 2023, 220,348 of the 371,518 shares subject to vesting and forfeiture provisions under the terms of the Sponsor Agreement were forfeited.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Following the ENPC Class F Conversion, the Sponsor Share Cancellation, the ENPC Class B Contribution and the separation of the securities offered in ENPC’s initial public offering, which consisted of one share of Class A common stock and one-quarter of one ENPC warrant (“CAPS</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:4.87pt;font-weight:400;line-height:120%;position:relative;top:-2.62pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Separation”), each share of ENPC Class A common stock outstanding was automatically converted into one share of Granite Ridge common stock. Total aggregate investment by ENPC was $6.8 million, which amount represents total risk capital contributed by ENPC, including working capital loans that were forgiven. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fund III, Fund I and Fund II were identified as entities under common control, in which all entities are ultimately controlled by the same party before and after the GREP Formation Transaction and therefore resulted in a change in reporting entity. In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805-50-45-5, for transactions between entities under common control, the consolidated financial statements for periods prior to the GREP Formation Transaction have been adjusted to retrospectively combine the previously separate entities for presentation purposes.</span></div>
CY2023Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates of reserves are used to determine depletion and to conduct impairment analysis. The Company’s estimates of oil and natural gas reserves are, by necessity, projections based on geologic and engineering data, and there are uncertainties inherent in the interpretation of such data as well as the projection of future rates of production and the timing of development expenditures. Any significant variance in the assumptions could materially affect the estimated quantity of the reserves, which could affect the carrying value of the Company’s oil and natural gas properties and/or the rate of depletion related to the oil and natural gas properties.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additional significant estimates include, but are not limited to, fair value of derivative financial instrument, fair value of business combinations, asset retirement obligations, revenue receivable and income taxes. Actual results could differ from those estimates.</span></div>
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	200000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2023Q1	grnt	Advance Payments To Operators Term AdvancePaymentsToOperatorsTerm	P90D
CY2023Q1	grnt	Depletion And Accretion Recognized DepletionAndAccretionRecognized	33800000	usd
CY2022Q1	grnt	Depletion And Accretion Recognized DepletionAndAccretionRecognized	16100000	usd
CY2023Q1	grnt	Number Of Revenue Sources NumberOfRevenueSources	2	source
CY2023Q1	grnt	Operating Regions OperatingRegions	5	region
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	91310000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	93850000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	91310000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	93850000	usd
CY2023Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	13323000	usd
CY2022Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-28395000	usd
CY2023Q1	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	6386000	usd
CY2022Q1	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-7775000	usd
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	1100000	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	94007	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	8.51
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10800000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.226
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.21
CY2022	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	usd
CY2023Q1	grnt	Effective Income Tax Rate Reconciliation Corporate Alternative Minimum Tax Percent EffectiveIncomeTaxRateReconciliationCorporateAlternativeMinimumTaxPercent	0.15
CY2023Q1	grnt	Effective Income Tax Rate Reconciliation Nondeductible Excise Tax Percent EffectiveIncomeTaxRateReconciliationNondeductibleExciseTaxPercent	0.01
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	25000000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	0	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	25000000	usd
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	14600000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.11
CY2023Q1	grnt	Percentage Of Wells Operated By Third Party Operating Partners PercentageOfWellsOperatedByThirdPartyOperatingPartners	1
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	36866000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	32444000	usd
CY2023Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	22000	usd
CY2022Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
CY2023Q1	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	36844000	usd
CY2022Q1	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	32444000	usd
CY2023Q1	grnt	Reallocation Of Participating Earnings ReallocationOfParticipatingEarnings	0	usd
CY2022Q1	grnt	Reallocation Of Participating Earnings ReallocationOfParticipatingEarnings	0	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	36844000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	32444000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133002000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	grnt	Weighted Average Dilutive Stock Options WeightedAverageDilutiveStockOptions	0	shares
CY2022Q1	grnt	Weighted Average Dilutive Stock Options WeightedAverageDilutiveStockOptions	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133002000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.24
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	10402695	shares
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q1	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	1114785000	usd
CY2022Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	996573000	usd
CY2023Q1	us-gaap	Capitalized Costs Unproved Properties CapitalizedCostsUnprovedProperties	40101000	usd
CY2022Q4	us-gaap	Capitalized Costs Unproved Properties CapitalizedCostsUnprovedProperties	32089000	usd
CY2023Q1	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	417442000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	383673000	usd
CY2023Q1	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	737444000	usd
CY2022Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	644989000	usd
CY2023Q1	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	17989000	usd
CY2022Q1	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	5060000	usd
CY2023Q1	us-gaap	Costs Incurred Acquisition Of Unproved Oil And Gas Properties CostsIncurredAcquisitionOfUnprovedOilAndGasProperties	9630000	usd
CY2022Q1	us-gaap	Costs Incurred Acquisition Of Unproved Oil And Gas Properties CostsIncurredAcquisitionOfUnprovedOilAndGasProperties	457000	usd
CY2023Q1	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	98606000	usd
CY2022Q1	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	60901000	usd
CY2023Q1	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	126225000	usd
CY2022Q1	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	66418000	usd

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$GRNT
Granite Ridge Resources, Inc. Stock $grnt

2023 Q2 Form 10-Q Financial Statement

#000192844623000014 Filed on May 11, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GRNT Granite Ridge Resources, Inc. Stock $grnt

2023 Q2 Form 10-Q Financial Statement

#000192844623000014 Filed on May 11, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GRNT
Granite Ridge Resources, Inc. Stock $grnt