$GRNT
Granite Ridge Resources, Inc. Stock $grnt

$grnt Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000192844623000046 Filed on November 09, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q3
Revenue	$106.8M	$108.4M	$90.19M
YoY Change	-78.53%	20.19%	61.88%
Cost Of Revenue	$7.897M	$7.790M
YoY Change	-74.21%
Gross Profit	$98.90M	$100.6M
YoY Change	-78.81%
Gross Profit Margin	92.61%	92.81%
Selling, General & Admin	$21.49M	$22.18M	$264.1K
YoY Change	-63.52%	8299.21%	-28.27%
% of Gross Profit	21.73%	22.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$47.57M	$44.27M
YoY Change	-55.01%
% of Gross Profit	48.1%	44.0%
Operating Expenses	$69.06M	$75.80M	$53.07M
YoY Change	-58.06%	42.85%	124.04%
Operating Profit	$29.84M	$32.60M	$37.13M
YoY Change	-90.12%	-12.19%	15.91%
Interest Expense	$17.23M	$1.356M	$476.0K
YoY Change	-163.92%	184.87%	34.84%
% of Operating Profit	57.74%	4.16%	1.28%
Other Income/Expense, Net	-$176.0K	-$9.493M	$5.606M
YoY Change		-269.34%	-181.12%
Pretax Income	$21.95M	$23.11M	$1.249M
YoY Change	-92.02%	1749.72%	16.27%
Income Tax	$4.415M	$5.200M	$362.3K
% Of Pretax Income	20.11%	22.5%	29.0%
Net Earnings	$17.54M	$17.96M	$42.74M
YoY Change	-93.31%	-57.98%	70.12%
Net Earnings / Revenue	16.42%	16.56%	47.38%
Basic Earnings Per Share		$0.13	$0.60
Diluted Earnings Per Share	$0.13	$0.13	$20.56K
COMMON SHARES
Basic Shares Outstanding	133.0M shares	134.8M shares	132.9M shares
Diluted Shares Outstanding		134.4M shares	132.9M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$21.55M	$8.229M	$104.0K
YoY Change		7816.31%	-44.88%
Cash & Equivalents	$10.73M	$6.417M	$6.410M
Short-Term Investments	$11.12M	$2.112M
Other Short-Term Assets	$57.07M	$11.55M	$4.098M
YoY Change		181.94%	1311.4%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$151.6M	$102.5M	$95.45M
YoY Change	3.58%	7.35%	19828.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$769.5M	$815.2M	$381.9M
YoY Change		113.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.189M		$416.3M
YoY Change			0.55%
Other Assets	$4.821M	$2.978M
YoY Change	39.01%
Total Long-Term Assets	$775.6M	$818.2M	$382.7M
YoY Change	19.6%	113.8%	-7.58%
TOTAL ASSETS
Total Short-Term Assets	$151.6M	$102.5M	$95.45M
Total Long-Term Assets	$775.6M	$818.2M	$382.7M
Total Assets	$927.1M	$920.6M	$478.1M
YoY Change	16.65%	92.55%	15.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$20.04M		$286.1K
YoY Change	-37.8%		20.59%
Accrued Expenses	$60.88M	$61.99M	$20.60M
YoY Change	-2.1%	200.97%	167067.21%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$1.548M
YoY Change		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$62.08M	$69.83M	$24.54M
YoY Change	-3.2%	184.6%	5475.35%
LONG-TERM LIABILITIES
Long-Term Debt	$110.0M	$85.00M	$0.00
YoY Change			-100.0%
Other Long-Term Liabilities	$9.391M	$6.977M	$9.771M
YoY Change		-28.6%	14.85%
Total Long-Term Liabilities	$193.4M	$200.6M	$2.243M
YoY Change	78.66%	8843.56%	-74.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$62.08M	$69.83M	$24.54M
Total Long-Term Liabilities	$193.4M	$200.6M	$2.243M
Total Liabilities	$255.5M	$270.4M	$26.78M
YoY Change	48.2%	909.87%	193.37%
SHAREHOLDERS EQUITY
Retained Earnings	$54.78M	$51.76M
YoY Change	69.14%
Common Stock	$14.00K	$14.00K
YoY Change	7.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$671.6M	$650.2M	$395.8M
YoY Change
Total Liabilities & Shareholders Equity	$927.1M	$920.6M	$478.1M
YoY Change	16.65%	92.55%	15.34%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q3
OPERATING ACTIVITIES
Net Income	$17.54M	$17.96M	$42.74M
YoY Change	-93.31%	-57.98%	70.12%
Depreciation, Depletion And Amortization	$47.57M	$44.27M
YoY Change	-55.01%
Cash From Operating Activities	$90.18M	$57.03M	-$68.15K
YoY Change	-74.05%	-83785.99%	-92.25%
INVESTING ACTIVITIES
Capital Expenditures	$72.63M	$74.76M
YoY Change	-69.05%
Acquisitions
YoY Change
Other Investing Activities	$2.464M	$60.00K
YoY Change	-40.28%
Cash From Investing Activities	-$70.17M	-$74.70M
YoY Change	-69.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-15.69M	9.288M	0.000
YoY Change	-79.87%		-100.0%
NET CHANGE
Cash From Operating Activities	90.18M	57.03M	-68.15K
Cash From Investing Activities	-70.17M	-74.70M
Cash From Financing Activities	-15.69M	9.288M	0.000
Net Change In Cash	4.313M	-8.376M	-68.15K
YoY Change	-88.93%	12190.54%	-90.26%
FREE CASH FLOW
Cash From Operating Activities	$90.18M	$57.03M	-$68.15K
Capital Expenditures	$72.63M	$74.76M
Free Cash Flow	$17.54M	-$17.72M
YoY Change	-84.45%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	us-gaap	Interest Expense InterestExpense	570000	usd
	us-gaap	Interest Expense InterestExpense	2906000	usd
CY2022Q3	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	-5742000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	79991000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	83628000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5153000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20068000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	17957000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	79991000	usd
	us-gaap	Net Income Loss NetIncomeLoss	63560000	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.48
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.60
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	134396000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133426000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	134421000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133440000	shares
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	600658000	usd
CY2023Q3	grnt	Reallocation Of Participating Earnings ReallocationOfParticipatingEarnings	0	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	17916000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	134396000	shares
CY2023Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	11000	shares
CY2023Q3	grnt	Weighted Average Dilutive Stock Options WeightedAverageDilutiveStockOptions	14000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	134421000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	289477	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q3	us-gaap	Assets Current AssetsCurrent	102463000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	146320000	usd
CY2023Q3	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	1311625000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	1028662000	usd
CY2023Q3	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	496452000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	383673000	usd
CY2023Q3	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	815173000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	644989000	usd
CY2023Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2978000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3468000	usd
CY2023Q3	grnt	Total Long Term Assets TotalLongTermAssets	2978000	usd
CY2022Q4	grnt	Total Long Term Assets TotalLongTermAssets	3468000	usd
CY2023Q3	us-gaap	Assets Assets	920614000	usd
CY2022Q4	us-gaap	Assets Assets	794777000	usd
CY2023Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	61985000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	62180000	usd
CY2023Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3454000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1523000	usd
CY2023Q3	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	4391000	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	431000	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	69830000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	64134000	usd
CY2023Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	85000000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	usd
CY2023Q3	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	479000	usd
CY2022Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	0	usd
CY2023Q3	grnt	Derivative Liability Warrants Noncurrent DerivativeLiabilityWarrantsNoncurrent	0	usd
CY2022Q4	grnt	Derivative Liability Warrants Noncurrent DerivativeLiabilityWarrantsNoncurrent	11902000	usd
CY2023Q3	grnt	Abandonments Expense AbandonmentsExpense	1560000	usd
CY2022Q3	grnt	Abandonments Expense AbandonmentsExpense	0	usd
	grnt	Abandonments Expense AbandonmentsExpense	1560000	usd
	grnt	Abandonments Expense AbandonmentsExpense	0	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	1356000	usd
	us-gaap	Interest Expense InterestExpense	1704000	usd
CY2023Q3	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	-8000	usd
	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-9493000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2501000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2233000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-32491000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	23110000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	205719000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.55
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.55
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	652325000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	379000	usd
CY2023Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	6366000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.11
CY2023Q3	us-gaap	Dividends Common Stock DividendsCommonStock	14809000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	689000	usd
CY2023Q3	grnt	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	5000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	17957000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	650180000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	79991000	usd
	grnt	Stock Issued During Period Value Vested Shares StockIssuedDuringPeriodValueVestedShares	1287000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	1813000	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	12345000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.33
	us-gaap	Dividends Common Stock DividendsCommonStock	44072000	usd
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	17646000	usd
	grnt	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	5000	usd
	us-gaap	Net Income Loss NetIncomeLoss	63560000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	650180000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	474930000	usd
	us-gaap	Net Income Loss NetIncomeLoss	205719000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	680649000	usd
	us-gaap	Net Income Loss NetIncomeLoss	63560000	usd
	us-gaap	Net Income Loss NetIncomeLoss	205719000	usd
	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	113088000	usd
	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	84096000	usd
	grnt	Abandonments Expense AbandonmentsExpense	1560000	usd
	grnt	Abandonments Expense AbandonmentsExpense	0	usd
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	6415000	usd
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-30787000	usd
	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	18830000	usd
	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-40006000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1813000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	490000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	62000	usd
	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	-5742000	usd
	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	17069000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	146000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	10545000	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	27517000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	2627000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	4932000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1854000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	6703000	usd
	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	3165000	usd
	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	-14000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	212692000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	251356000	usd
	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	237138000	usd
	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	143923000	usd
	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	49427000	usd
	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	32858000	usd
	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	0	usd
	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	971000	usd
	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	60000	usd
	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	747000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-286505000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-175063000	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	117500000	usd
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	16000000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	32500000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	67100000	usd
	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0	usd
	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	84000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	28000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
	grnt	Payment Of Expenses Related To Formation PaymentOfExpensesRelatedToFormation	43000	usd
	grnt	Payment Of Expenses Related To Formation PaymentOfExpensesRelatedToFormation	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	11765000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	44072000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	29097000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-51016000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-44716000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	25277000	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
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6417000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	37431000	usd
	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses Increase Decrease OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpensesIncreaseDecrease	-13068000	usd
	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses Increase Decrease OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpensesIncreaseDecrease	17326000	usd
	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	88463000	usd
	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	55775000	usd
CY2023Q3	us-gaap	Cash Cash	6117000	usd
CY2022Q3	us-gaap	Cash Cash	37131000	usd
CY2023Q3	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2022Q3	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6417000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	37431000	usd
	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 is 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 other remaining shares of ENPC Class A common stock automatically cancelled without any conversion, payment or </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%">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><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%">Warrant Exchange</span></div>On October 24, 2022, in connection with the Business Combination, the Company issued 10,349,975 common stock warrants. On June 22, 2023, the Company completed an offer to holders of its outstanding warrants which provided such holders the opportunity to receive 0.25 shares of the Company’s common stock in exchange for each warrant tendered by such holders (the “Offer”). This Offer coincided with a solicitation of consents from holders of the warrants to amend the warrant agreement to permit the Company to require that each warrant that remained outstanding upon the closing of the Offer be exchanged for 0.225 shares of the Company’s common stock (together with the Offer, the “Warrant Exchange”). On June 22, 2023, the Company issued 2,471,738 shares of common stock in exchange for 9,887,035 warrants tendered in the Offer, with a minimal cash settlement in lieu of partial shares. In July 2023, each remaining outstanding warrant was converted into 0.225 shares of the Company’s common stock, and subsequently, no warrants remained outstanding. See Note 9 for further discussion of the Warrant Exchange.
CY2022Q4	grnt	Class Of Warrant Or Right Warrants Issued ClassOfWarrantOrRightWarrantsIssued	10349975	shares
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
	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>
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	200000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
	grnt	Advance Payments To Operators Term AdvancePaymentsToOperatorsTerm	P90D
CY2023Q3	us-gaap	Depletion Depletion	44100000	usd
CY2022Q3	us-gaap	Depletion Depletion	36500000	usd
	us-gaap	Depletion Depletion	112700000	usd
	us-gaap	Depletion Depletion	83700000	usd
	grnt	Number Of Revenue Sources NumberOfRevenueSources	2	source
	grnt	Operating Regions OperatingRegions	5	region
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	108404000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	136966000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	287271000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	381082000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	108404000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	136966000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	287271000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	381082000	usd
CY2023Q3	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-8129000	usd
CY2022Q3	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	3071000	usd
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	6415000	usd
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-30787000	usd
CY2023Q3	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	4419000	usd
CY2022Q3	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-15099000	usd
	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	18830000	usd
	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-40006000	usd
CY2022Q4	grnt	Class Of Warrant Or Right Warrants Issued ClassOfWarrantOrRightWarrantsIssued	10349975	shares
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20100000	usd
CY2023Q3	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	400000	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	1800000	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
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5200000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.223
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.240
	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.21
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	usd
CY2022	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	usd
	grnt	Effective Income Tax Rate Reconciliation Corporate Alternative Minimum Tax Percent EffectiveIncomeTaxRateReconciliationCorporateAlternativeMinimumTaxPercent	0.15
	grnt	Effective Income Tax Rate Reconciliation Nondeductible Excise Tax Percent EffectiveIncomeTaxRateReconciliationNondeductibleExciseTaxPercent	0.01
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	85000000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	0	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	85000000	usd
CY2023Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	300000	usd
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	14800000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.11
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	44100000	usd
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.33
	grnt	Percentage Of Wells Operated By Third Party Operating Partners PercentageOfWellsOperatedByThirdPartyOperatingPartners	1
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	17957000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	79991000	usd
	us-gaap	Net Income Loss NetIncomeLoss	63560000	usd
	us-gaap	Net Income Loss NetIncomeLoss	205719000	usd
CY2023Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	41000	usd
CY2022Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	109000	usd
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
CY2023Q3	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	17916000	usd
CY2022Q3	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	79991000	usd
	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	63451000	usd
	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	205719000	usd
CY2022Q3	grnt	Reallocation Of Participating Earnings ReallocationOfParticipatingEarnings	0	usd
	grnt	Reallocation Of Participating Earnings ReallocationOfParticipatingEarnings	0	usd
	grnt	Reallocation Of Participating Earnings ReallocationOfParticipatingEarnings	0	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	79991000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	63451000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	205719000	usd
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133426000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2022Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	8000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q3	grnt	Weighted Average Dilutive Stock Options WeightedAverageDilutiveStockOptions	0	shares
	grnt	Weighted Average Dilutive Stock Options WeightedAverageDilutiveStockOptions	6000	shares
	grnt	Weighted Average Dilutive Stock Options WeightedAverageDilutiveStockOptions	0	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133440000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.60
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.48
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.55
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.60
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.55
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	399074	shares
CY2023Q3	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	1260110000	usd
CY2022Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	996573000	usd
CY2023Q3	us-gaap	Capitalized Costs Unproved Properties CapitalizedCostsUnprovedProperties	51515000	usd
CY2022Q4	us-gaap	Capitalized Costs Unproved Properties CapitalizedCostsUnprovedProperties	32089000	usd
CY2023Q3	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	496452000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	383673000	usd
CY2023Q3	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	815173000	usd
CY2022Q4	us-gaap	Capitalized Costs Oil And Gas Producing Activities Net CapitalizedCostsOilAndGasProducingActivitiesNet	644989000	usd
CY2023Q3	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	8161000	usd
CY2022Q3	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	4251000	usd
	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	27459000	usd
	us-gaap	Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves	12206000	usd
CY2023Q3	us-gaap	Costs Incurred Acquisition Of Unproved Oil And Gas Properties CostsIncurredAcquisitionOfUnprovedOilAndGasProperties	11262000	usd
CY2022Q3	us-gaap	Costs Incurred Acquisition Of Unproved Oil And Gas Properties CostsIncurredAcquisitionOfUnprovedOilAndGasProperties	7864000	usd
	us-gaap	Costs Incurred Acquisition Of Unproved Oil And Gas Properties CostsIncurredAcquisitionOfUnprovedOilAndGasProperties	24053000	usd
	us-gaap	Costs Incurred Acquisition Of Unproved Oil And Gas Properties CostsIncurredAcquisitionOfUnprovedOilAndGasProperties	20653000	usd
CY2023Q3	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	75726000	usd
CY2022Q3	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	59898000	usd
	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	233071000	usd
	us-gaap	Costs Incurred Development Costs CostsIncurredDevelopmentCosts	164923000	usd
CY2023Q3	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	95149000	usd
CY2022Q3	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	72013000	usd
	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	284583000	usd
	us-gaap	Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities	197782000	usd

Files In Submission

Name	View Source	Status
0001928446-23-000046-index-headers.html	Edgar Link	pending
0001928446-23-000046-index.html	Edgar Link	pending
0001928446-23-000046.txt	Edgar Link	pending
0001928446-23-000046-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
grnt-20230930.htm	Edgar Link	pending
grnt-20230930.xsd	Edgar Link	pending
grnt-20230930x10qxexx311.htm	Edgar Link	pending
grnt-20230930x10qxexx312.htm	Edgar Link	pending
grnt-20230930x10qxexx321.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
grnt-20230930_cal.xml	Edgar Link	unprocessable
grnt-20230930_def.xml	Edgar Link	unprocessable
grnt-20230930_lab.xml	Edgar Link	unprocessable
grnt-20230930_pre.xml	Edgar Link	unprocessable
grnt-20230930_htm.xml	Edgar Link	completed
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$GRNT
Granite Ridge Resources, Inc. Stock $grnt

2023 Q4 Form 10-Q Financial Statement

#000192844623000046 Filed on November 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GRNT Granite Ridge Resources, Inc. Stock $grnt

2023 Q4 Form 10-Q Financial Statement

#000192844623000046 Filed on November 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GRNT
Granite Ridge Resources, Inc. Stock $grnt