$GRNT
Granite Ridge Resources, Inc. Stock $grnt

$grnt Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000192844624000009 Filed on March 08, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$89.00M	$106.8M	$394.1M
YoY Change	-2.53%	-78.53%	-20.78%
Cost Of Revenue	$5.749M	$7.897M	$27.71M
YoY Change	0.56%	-74.21%	-9.51%
Gross Profit	$83.25M	$98.90M	$366.4M
YoY Change	-2.74%	-78.81%	-21.52%
Gross Profit Margin	93.54%	92.61%	92.97%
Selling, General & Admin	$21.97M	$21.49M	$88.44M
YoY Change	-1.7%	-63.52%	50.15%
% of Gross Profit	26.39%	21.73%	24.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$40.94M	$47.57M	$160.7M
YoY Change	20.94%	-55.01%	51.92%
% of Gross Profit	49.18%	48.1%	43.85%
Operating Expenses	$69.39M	$69.06M	$303.5M
YoY Change	12.07%	-58.06%	55.42%
Operating Profit	$19.60M	$29.84M	$90.59M
YoY Change	-33.3%	-90.12%	-70.02%
Interest Expense	$3.159M	$17.23M	$5.315M
YoY Change	831.86%	-163.92%	167.22%
% of Operating Profit	16.11%	57.74%	5.87%
Other Income/Expense, Net	$1.461M	-$176.0K	$15.00M
YoY Change	-92.0%		-155.64%
Pretax Income	$21.06M	$21.95M	$105.6M
YoY Change	-55.8%	-92.02%	-61.63%
Income Tax	$4.800M	$4.415M	$24.48M
% Of Pretax Income	22.79%	20.11%	23.19%
Net Earnings	$16.23M	$17.54M	$81.10M
YoY Change	-55.98%	-93.31%	-69.09%
Net Earnings / Revenue	18.23%	16.42%	20.58%
Basic Earnings Per Share	$0.12		$0.61
Diluted Earnings Per Share	$0.12	$0.13	$0.61
COMMON SHARES
Basic Shares Outstanding	130.4M shares	133.0M shares	133.1M shares
Diluted Shares Outstanding	130.2M shares		133.1M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$86.08M	$21.55M	$21.55M
YoY Change	212.6%		-64.63%
Cash & Equivalents	$21.08M	$10.73M
Short-Term Investments	$65.30M	$11.12M	$11.12M
Other Short-Term Assets	$17.94M	$57.07M	$57.07M
YoY Change	-18.78%		335.29%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$168.9M	$151.6M	$151.6M
YoY Change	46.41%	3.58%	3.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$793.0M	$769.5M	$769.5M
YoY Change	7.54%		19.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$1.189M	$1.189M
YoY Change
Other Assets	$4.785M	$4.821M	$4.821M
YoY Change	44.78%	39.01%	39.01%
Total Long-Term Assets	$797.8M	$775.6M	$775.6M
YoY Change	7.71%	19.6%	19.6%
TOTAL ASSETS
Total Short-Term Assets	$168.9M	$151.6M	$151.6M
Total Long-Term Assets	$797.8M	$775.6M	$775.6M
Total Assets	$966.7M	$927.1M	$927.1M
YoY Change	12.92%	16.65%	16.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$20.04M
YoY Change		-37.8%
Accrued Expenses	$62.03M	$60.88M	$60.88M
YoY Change	-10.88%	-2.1%	-2.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$66.11M	$62.08M	$62.08M
YoY Change	-8.14%	-3.2%	-3.2%
LONG-TERM LIABILITIES
Long-Term Debt	$137.5M	$110.0M	$110.0M
YoY Change	450.0%
Other Long-Term Liabilities	$10.25M	$9.391M	$9.391M
YoY Change	-18.29%		-43.59%
Total Long-Term Liabilities	$226.6M	$193.4M	$119.4M
YoY Change	62.92%	78.66%	617.19%
TOTAL LIABILITIES
Total Short-Term Liabilities	$66.11M	$62.08M	$62.08M
Total Long-Term Liabilities	$226.6M	$193.4M	$119.4M
Total Liabilities	$292.7M	$255.5M	$255.5M
YoY Change	38.69%	48.2%	48.2%
SHAREHOLDERS EQUITY
Retained Earnings	$56.66M	$54.78M
YoY Change	3.97%	69.14%
Common Stock	$14.00K	$14.00K
YoY Change	7.69%	7.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$674.0M	$671.6M	$671.6M
YoY Change
Total Liabilities & Shareholders Equity	$966.7M	$927.1M	$927.1M
YoY Change	12.92%	16.65%	16.65%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	$16.23M	$17.54M	$81.10M
YoY Change	-55.98%	-93.31%	-69.09%
Depreciation, Depletion And Amortization	$40.94M	$47.57M	$160.7M
YoY Change	20.94%	-55.01%	51.92%
Cash From Operating Activities	$68.66M	$90.18M	$302.9M
YoY Change	-15.73%	-74.05%	-12.56%
INVESTING ACTIVITIES
Capital Expenditures	$72.29M	$72.63M	$359.2M
YoY Change	-44.36%	-69.05%	53.05%
Acquisitions
YoY Change
Other Investing Activities	$1.282M	$2.464M	$2.524M
YoY Change		-40.28%	-38.83%
Cash From Investing Activities	-$71.01M	-$70.17M	-$356.7M
YoY Change	-45.35%	-69.57%	54.7%
FINANCING ACTIVITIES
Cash Dividend Paid	$14.35M
YoY Change	-1.99%
Common Stock Issuance & Retirement, Net			$35.35M
YoY Change			417.92%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$12.70M	-15.69M	$13.41M
YoY Change	48.57%	-79.87%	-117.44%
NET CHANGE
Cash From Operating Activities	$68.66M	90.18M	$302.9M
Cash From Investing Activities	-$71.01M	-70.17M	-$356.7M
Cash From Financing Activities	$12.70M	-15.69M	$13.41M
Net Change In Cash	$10.35M	4.313M	-$40.40M
YoY Change	-125.94%	-88.93%	-203.65%
FREE CASH FLOW
Cash From Operating Activities	$68.66M	$90.18M	$302.9M
Capital Expenditures	$72.29M	$72.63M	$359.2M
Free Cash Flow	-$3.631M	$17.54M	-$56.33M
YoY Change	-92.51%	-84.45%	-150.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	474930000	usd
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001928446
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	us-gaap	Revenue From Contract With Customer Product And Service Extensible List RevenueFromContractWithCustomerProductAndServiceExtensibleList	http://graniteridgeresources.com/20231231#OilAndNaturalGasSalesMember
CY2021	us-gaap	Revenue From Contract With Customer Product And Service Extensible List RevenueFromContractWithCustomerProductAndServiceExtensibleList	http://graniteridgeresources.com/20231231#OilAndNaturalGasSalesMember
CY2022	us-gaap	Revenue From Contract With Customer Product And Service Extensible List RevenueFromContractWithCustomerProductAndServiceExtensibleList	http://graniteridgeresources.com/20231231#OilAndNaturalGasSalesMember
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-41537
CY2023	dei	Entity Registrant Name EntityRegistrantName	GRANITE RIDGE RESOURCES, INC.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	88-2227812
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	5217 McKinney Ave
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 400
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75205
CY2023	dei	City Area Code CityAreaCode	214
CY2023	dei	Local Phone Number LocalPhoneNumber	396-2850
CY2023	dei	Security12b Title Security12bTitle	Common Stock, par value $0.0001 per share
CY2023	dei	Trading Symbol TradingSymbol	GRNT
CY2023	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	true
CY2023	dei	Document Fin Stmt Restatement Recovery Analysis Flag DocumentFinStmtRestatementRecoveryAnalysisFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	180711437	usd
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	130449075	shares
CY2023	dei	Auditor Firm AuditorFirmId	686
CY2023	dei	Auditor Name AuditorName	FORVIS, LLP
CY2023	dei	Auditor Location AuditorLocation	Dallas, Texas
CY2023Q4	us-gaap	Cash Cash	10430000	usd
CY2022Q4	us-gaap	Cash Cash	50833000	usd
CY2023Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	72934000	usd
CY2022Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	72287000	usd
CY2023Q4	grnt	Advances To Operators AdvancesToOperators	4928000	usd
CY2022Q4	grnt	Advances To Operators AdvancesToOperators	8908000	usd
CY2023Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	1716000	usd
CY2022Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	4203000	usd
CY2023Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	11117000	usd
CY2022Q4	us-gaap	Derivative Assets Current DerivativeAssetsCurrent	10089000	usd
CY2023Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	50427000	usd
CY2022Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	0	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	151552000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	146320000	usd
CY2023Q4	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	1236683000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Gross OilAndGasPropertySuccessfulEffortMethodGross	1028662000	usd
CY2023Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	467141000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization	383673000	usd
CY2023Q4	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	769542000	usd
CY2022Q4	us-gaap	Oil And Gas Property Successful Effort Method Net OilAndGasPropertySuccessfulEffortMethodNet	644989000	usd
CY2023Q4	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	1189000	usd
CY2022Q4	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	0	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4821000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	3468000	usd
CY2023Q4	grnt	Total Long Term Assets TotalLongTermAssets	6010000	usd
CY2022Q4	grnt	Total Long Term Assets TotalLongTermAssets	3468000	usd
CY2023Q4	us-gaap	Assets Assets	927104000	usd
CY2022Q4	us-gaap	Assets Assets	794777000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	60875000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	62180000	usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1204000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	1523000	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	431000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	62079000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	64134000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	110000000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	usd
CY2023Q4	grnt	Derivative Liability Warrants Noncurrent DerivativeLiabilityWarrantsNoncurrent	0	usd
CY2022Q4	grnt	Derivative Liability Warrants Noncurrent DerivativeLiabilityWarrantsNoncurrent	11902000	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	9391000	usd
CY2022Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	4745000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	73989000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	49749000	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	193380000	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	66396000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	255459000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	130530000	usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	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
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	431000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	431000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	136040777	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	133294897	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	14000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	13000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	653174000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	632075000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	54782000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	32388000	usd
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	5677627	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	25920	shares
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	36325000	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	229000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	671645000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	664247000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	927104000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	794777000	usd
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	394069000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	497417000	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	290193000	usd
CY2023	us-gaap	Operating Lease Expense OperatingLeaseExpense	60521000	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	44678000	usd
CY2021	us-gaap	Operating Lease Expense OperatingLeaseExpense	26333000	usd
CY2023	grnt	Production And Ad Valorem Taxes ProductionAndAdValoremTaxes	27707000	usd
CY2022	grnt	Production And Ad Valorem Taxes ProductionAndAdValoremTaxes	30619000	usd
CY2021	grnt	Production And Ad Valorem Taxes ProductionAndAdValoremTaxes	18066000	usd
CY2023	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	160662000	usd
CY2022	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	105752000	usd
CY2021	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	94661000	usd
CY2023	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	176000	usd
CY2022	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	0	usd
CY2021	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	0	usd
CY2023	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	26496000	usd
CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2021	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	2162000	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	27920000	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14223000	usd
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10179000	usd
CY2023	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	0	usd
CY2022	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	0	usd
CY2021	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	2279000	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	303482000	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	195272000	usd
CY2021	us-gaap	Operating Expenses OperatingExpenses	146960000	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	90587000	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	302145000	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	143233000	usd
CY2023	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	25544000	usd
CY2022	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-25324000	usd
CY2021	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-32389000	usd
CY2023	us-gaap	Interest Expense InterestExpense	5315000	usd
CY2022	us-gaap	Interest Expense InterestExpense	1989000	usd
CY2021	us-gaap	Interest Expense InterestExpense	2385000	usd
CY2023	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	-5742000	usd
CY2022	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	362000	usd
CY2021	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
CY2023	us-gaap	Gain Loss On Investments GainLossOnInvestments	508000	usd
CY2022	us-gaap	Gain Loss On Investments GainLossOnInvestments	0	usd
CY2021	us-gaap	Gain Loss On Investments GainLossOnInvestments	0	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	24483000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	81099000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	262344000	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.61
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.97
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.82
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.61
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.97
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.82
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133093000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133109000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133074000	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	370556000	usd
CY2021	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	51085000	usd
CY2020Q4	us-gaap	General Partners Contributed Capital GeneralPartnersContributedCapital	47000000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	108459000	usd
CY2022	grnt	Net Income Loss Prior To Business Combination NetIncomeLossPriorToBusinessCombination	219292000	usd
CY2022	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	6825000	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	18508000	usd
CY2022	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	12265000	usd
CY2022	grnt	Issuance Of Shares Subject To Vesting Restrictions IssuanceOfSharesSubjectToVestingRestrictions	1287000	usd
CY2022	grnt	Equity Impact Of Deferred Income Tax Liability At Business Combination EquityImpactOfDeferredIncomeTaxLiabilityAtBusinessCombination	36899000	usd
CY2022	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	229000	usd
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.08
CY2022	us-gaap	Dividends Common Stock DividendsCommonStock	10664000	usd
CY2022	grnt	Net Income Subsequent To Business Combination NetIncomeSubsequentToBusinessCombination	43052000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	664247000	usd
CY2023	grnt	Stock Issued During Period Value Vested Shares StockIssuedDuringPeriodValueVestedShares	1287000	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	2162000	usd
CY2023	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	36096000	usd
CY2023	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.44
CY2023	us-gaap	Dividends Common Stock DividendsCommonStock	58587000	usd
CY2023	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	17646000	usd
CY2023	grnt	Stock Issued During Period Value Warrants Exercised StockIssuedDuringPeriodValueWarrantsExercised	5000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	81099000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	671645000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	81099000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	262344000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	108459000	usd
CY2023	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	160662000	usd
CY2022	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	105752000	usd
CY2021	us-gaap	Depletion Of Oil And Gas Properties DepletionOfOilAndGasProperties	94661000	usd
CY2023	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	26496000	usd
CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2021	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	25544000	usd
CY2022	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-25324000	usd
CY2021	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-32389000	usd
CY2023	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	22895000	usd
CY2022	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-42437000	usd
CY2021	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-25219000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	2162000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2023	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	0	usd
CY2022	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	0	usd
CY2021	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	2279000	usd
CY2023	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1260000	usd
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	159000	usd
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	48000	usd
CY2023	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	-5742000	usd
CY2022	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	362000	usd
CY2021	grnt	Derivative Common Stock Warrants Not Designated As Hedging Instruments Gain Loss Net DerivativeCommonStockWarrantsNotDesignatedAsHedgingInstrumentsGainLossNet	0	usd
CY2023	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	508000	usd
CY2022	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	0	usd
CY2021	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	0	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	24274000	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	12850000	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	313000	usd
CY2022	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
CY2021	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	846000	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	24989000	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	28603000	usd
CY2023	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-103000	usd
CY2022	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	0	usd
CY2021	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	0	usd
CY2023	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	4550000	usd
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	9838000	usd
CY2021	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1840000	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-485000	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2095000	usd
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	125000	usd
CY2023	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	350000	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	5000	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	10000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	302867000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	346389000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	181181000	usd
CY2023	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	282390000	usd
CY2022	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	185497000	usd
CY2021	us-gaap	Payments To Explore And Develop Oil And Gas Properties PaymentsToExploreAndDevelopOilAndGasProperties	136077000	usd
CY2023	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	76810000	usd
CY2022	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	49191000	usd
CY2021	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	83209000	usd
CY2023	grnt	Payment Of Deposit On Acquisition PaymentOfDepositOnAcquisition	0	usd
CY2022	grnt	Payment Of Deposit On Acquisition PaymentOfDepositOnAcquisition	1899000	usd
CY2021	grnt	Payment Of Deposit On Acquisition PaymentOfDepositOnAcquisition	0	usd
CY2023	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	2464000	usd
CY2022	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	1180000	usd
CY2021	us-gaap	Proceeds From Advances For Construction ProceedsFromAdvancesForConstruction	3819000	usd
CY2022	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	4845000	usd
CY2021	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	29443000	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-186024000	usd
CY2022	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	21000000	usd
CY2021	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	62000000	usd
CY2023	us-gaap	Repayments Of Debt RepaymentsOfDebt	52500000	usd
CY2022	us-gaap	Repayments Of Debt RepaymentsOfDebt	72100000	usd
CY2021	us-gaap	Repayments Of Debt RepaymentsOfDebt	49400000	usd
CY2023	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	0	usd
CY2022	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	0	usd
CY2021	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	51091000	usd
CY2023	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0	usd
CY2022	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0	usd
CY2021	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	46980000	usd
CY2023	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2616000	usd
CY2021	grnt	Payment Of Expenses Related To Formation PaymentOfExpensesRelatedToFormation	0	usd
CY2022	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	216000	usd
CY2021	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	58587000	usd
CY2022	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	10664000	usd
CY2021	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	0	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5000	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6825000	usd
CY2021	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	13406000	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-76848000	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8489000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-40403000	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	38979000	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3646000	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
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8508000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10730000	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
CY2023	us-gaap	Interest Paid Net InterestPaidNet	4825000	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	2286000	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	1636000	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	742000	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	98000	usd
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	79000	usd
CY2023	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	49920000	usd
CY2022	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	0	usd
CY2021	us-gaap	Noncash Or Part Noncash Divestiture Amount Of Consideration Received1 NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1	0	usd
CY2023	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses Increase Decrease OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpensesIncreaseDecrease	-12325000	usd
CY2022	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses Increase Decrease OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpensesIncreaseDecrease	48187000	usd
CY2021	grnt	Oil And Natural Gas Property Development Costs In Accrued Expenses Increase Decrease OilAndNaturalGasPropertyDevelopmentCostsInAccruedExpensesIncreaseDecrease	6251000	usd
CY2023	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	98224000	usd
CY2022	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	103535000	usd
CY2021	grnt	Advances To Operators Applied To Development Of Oil And Natural Gas Properties AdvancesToOperatorsAppliedToDevelopmentOfOilAndNaturalGasProperties	48387000	usd
CY2023Q4	us-gaap	Cash Cash	10430000	usd
CY2022Q4	us-gaap	Cash Cash	50833000	usd
CY2021Q4	us-gaap	Cash Cash	11854000	usd
CY2023Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2022Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2021Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10730000	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
CY2023	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 Annual Report on Form 10-K and (ii) the operating and other non-financial data, disclosed in “Part 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) 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 distribution (the “Sponsor Share Cancellation”) and (iii) all shares of ENPC Class B common stock outstanding were </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%">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 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 governing such warrants 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
CY2023	us-gaap	Depletion Depletion	160200000	usd
CY2022	us-gaap	Depletion Depletion	105300000	usd
CY2021	us-gaap	Depletion Depletion	94200000	usd
CY2023	grnt	Capitalized Exploratory Well Cost Interest Costs Capitalized CapitalizedExploratoryWellCostInterestCostsCapitalized	1000000	usd
CY2023	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2023	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 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 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. Estimating reserves is inherently uncertain, including the projection of future rates of production and the timing of development expenditures.</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 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. Reserve engineering is a subjective process of estimating underground accumulations of oil and natural gas that are difficult to measure. The accuracy of any reserve estimate is a function of the quality of available data, engineering and geological interpretation and judgment. Estimates of economically recoverable oil and natural gas reserves and future net cash flows necessarily depend upon a number of variable factors and assumptions, such as historical production from the area compared with production from other producing areas, the assumed effect of regulations by governmental agencies, and assumptions governing future oil and natural gas prices, future operating costs, severance taxes, development costs and work over costs, all of which may in fact vary considerably from actual results. The future drilling costs associated with reserves assigned to proved undeveloped locations may ultimately increase to the extent that these reserves are later determined to be uneconomic. For these reasons, estimates of the economically recoverable quantities of expected oil and natural gas attributable to any particular group of properties, classifications of such reserves based on risk of recovery, and estimates of the future net cash flows may vary substantially. 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 instruments, fair value of equity investments, fair value of business combinations, asset retirement obligations, revenue receivable and income taxes. Actual results could differ from those estimates.</span></div>
CY2023	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<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%">Reclassifications</span></div>Certain reclassifications have been made to prior years' reported amounts to conform to the current year presentation.
CY2023	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<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%">Prior Period Correction of an Immaterial Error</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%">During the fourth quarter of 2023, the Company determined that the prior year consolidated financial statements had a misstatement caused by an error in determining the tax basis of oil and natural gas properties. Management concluded that the impact of this error on the prior year consolidated financial statements period is immaterial. However, given that the adjustment to correct the error in the current year consolidated financial statements would have a material impact on 2023, the Company has corrected the prior period consolidated financial statements in this Annual Report on Form 10-K in accordance with SEC guidance. The adjustment had no effect on the Company's net income, cash flows, total assets or total liabilities and stockholders' equity, and the information included in this Annual Report on Form 10-K sets forth the effects of this correction on the previously reported consolidated balance sheet as of December 31, 2022.</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%">Due to transactions that were completed immediately prior to the Business Combination, the tax basis of oil and natural gas properties transferred to the Company was higher than initially recognized in 2022. As a result, the Company has corrected the deferred tax liability and additional paid-in capital in the accompanying consolidated balance sheet to properly reflect the increased tax basis upon the completion of the Business Combination. As shown below, the previously reported deferred tax liability as of December 31, 2022 has decreased and additional paid-in capital as of December 31, 2022 has </span></div>increased.
CY2021	grnt	Capitalized Exploratory Well Cost Interest Costs Capitalized CapitalizedExploratoryWellCostInterestCostsCapitalized	0	usd
CY2022	grnt	Capitalized Exploratory Well Cost Interest Costs Capitalized CapitalizedExploratoryWellCostInterestCostsCapitalized	0	usd
CY2023	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	26500000	usd
CY2022	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	0	usd
CY2020	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	0	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	49749000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	632075000	usd
CY2023	grnt	Investment Term InvestmentTerm	P90D
CY2022Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2023Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	300000	usd
CY2023	grnt	Number Of Standby Letters Of Credit NumberOfStandbyLettersOfCredit	2	item
CY2022	grnt	Number Of Standby Letters Of Credit NumberOfStandbyLettersOfCredit	2	item
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	200000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	200000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2023	grnt	Advance Payments To Operators Term AdvancePaymentsToOperatorsTerm	P90D
CY2022	us-gaap	Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves	0	usd
CY2023	us-gaap	Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves	0	usd
CY2023	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	500000	usd
CY2022	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	1110000	usd
CY2023	grnt	Number Of Revenue Sources NumberOfRevenueSources	2	source
CY2023	grnt	Operating Regions OperatingRegions	5	area
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	394069000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	497417000	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	290193000	usd
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	394069000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	497417000	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	290193000	usd
CY2023	us-gaap	Production Tax Expense ProductionTaxExpense	24900000	usd
CY2022	us-gaap	Production Tax Expense ProductionTaxExpense	26900000	usd
CY2021	us-gaap	Production Tax Expense ProductionTaxExpense	17100000	usd
CY2023	grnt	Ad Valorem Tax Expense AdValoremTaxExpense	2800000	usd
CY2022	grnt	Ad Valorem Tax Expense AdValoremTaxExpense	3700000	usd
CY2021	grnt	Ad Valorem Tax Expense AdValoremTaxExpense	1000000	usd
CY2021	grnt	Net Income Loss Prior To Business Combination Non Taxable NetIncomeLossPriorToBusinessCombinationNonTaxable	22776000	usd
CY2023	us-gaap	Income Tax Reconciliation Prior Year Income Taxes IncomeTaxReconciliationPriorYearIncomeTaxes	142000	usd
CY2022	us-gaap	Income Tax Reconciliation Prior Year Income Taxes IncomeTaxReconciliationPriorYearIncomeTaxes	0	usd
CY2021	us-gaap	Income Tax Reconciliation Prior Year Income Taxes IncomeTaxReconciliationPriorYearIncomeTaxes	0	usd
CY2023	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	2169000	usd
CY2023	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	25544000	usd
CY2022	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-25324000	usd
CY2021	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-32389000	usd
CY2023	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	22895000	usd
CY2022	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-42437000	usd
CY2021	grnt	Net Cash Payments On Receipts From Derivatives NetCashPaymentsOnReceiptsFromDerivatives	-25219000	usd
CY2023	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	3	acquisition
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	4963000	usd
CY2021Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	2962000	usd
CY2020Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	3114000	usd
CY2023	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	2370000	usd
CY2022	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	1012000	usd
CY2021	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	465000	usd
CY2023	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	2596000	usd
CY2022	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	490000	usd
CY2021	us-gaap	Asset Retirement Obligation Revision Of Estimate AssetRetirementObligationRevisionOfEstimate	-868000	usd
CY2023	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	441000	usd
CY2022	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	499000	usd
CY2021	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	447000	usd
CY2023	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	496000	usd
CY2022	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	0	usd
CY2021	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	196000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	9874000	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	4963000	usd
CY2021Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	2962000	usd
CY2023Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	483000	usd
CY2022Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	218000	usd
CY2021Q4	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	0	usd
CY2023Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	9391000	usd
CY2022Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	4745000	usd
CY2021Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	2962000	usd
CY2023	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	usd
CY2022	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	usd
CY2021	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	usd
CY2023	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	209000	usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	usd
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	usd
CY2023	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	209000	usd
CY2022	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	0	usd
CY2021	us-gaap	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	0	usd
CY2023	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	22314000	usd
CY2022	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	11444000	usd
CY2021	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	1960000	usd
CY2022	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	1406000	usd
CY2021	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	24274000	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	12850000	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	24483000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12850000	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.232
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.047
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.000
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.21
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.21
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	105582000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	275194000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	108459000	usd
CY2023	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	22172000	usd
CY2022	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	57791000	usd
CY2021	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	22776000	usd
CY2023	grnt	Net Income Loss Prior To Business Combination Non Taxable NetIncomeLossPriorToBusinessCombinationNonTaxable	0	usd
CY2022	grnt	Net Income Loss Prior To Business Combination Non Taxable NetIncomeLossPriorToBusinessCombinationNonTaxable	46051000	usd
CY2021	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	0	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	24483000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12850000	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.232
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.047
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.000
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	13677000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	11500000	usd
CY2023Q4	us-gaap	Deferred Tax Asset Interest Carryforward DeferredTaxAssetInterestCarryforward	1335000	usd
CY2022Q4	us-gaap	Deferred Tax Asset Interest Carryforward DeferredTaxAssetInterestCarryforward	56000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations	2169000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations	1128000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Other DeferredTaxAssetsTaxDeferredExpenseOther	495000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Other DeferredTaxAssetsTaxDeferredExpenseOther	32000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	17676000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	12716000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	17676000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	12716000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	88870000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	60269000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Derivatives DeferredTaxLiabilitiesDerivatives	2795000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Derivatives DeferredTaxLiabilitiesDerivatives	2196000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	91665000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	62465000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	73989000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	49749000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration	61100000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration	61100000	usd
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	usd
CY2023	grnt	Effective Income Tax Rate Reconciliation Corporate Alternative Minimum Tax Percent EffectiveIncomeTaxRateReconciliationCorporateAlternativeMinimumTaxPercent	0.15
CY2023	grnt	Effective Income Tax Rate Reconciliation Nondeductible Excise Tax Percent EffectiveIncomeTaxRateReconciliationNondeductibleExciseTaxPercent	0.01
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	110000000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	0	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	110000000	usd
CY2023Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	300000	usd
CY2023	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	58600000	usd
CY2023	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.44
CY2022	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	10700000	usd
CY2022	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.08
CY2023	grnt	Percentage Of Wells Operated By Third Party Operating Partners PercentageOfWellsOperatedByThirdPartyOperatingPartners	1
CY2023	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2162000	usd
CY2023	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	311000	usd
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132923000	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.61
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.97
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.82
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.61
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.97
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.82
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
CY2023	us-gaap	Net Income Loss NetIncomeLoss	81099000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	262344000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	108459000	usd
CY2023	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	152000	usd
CY2022	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
CY2021	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	0	usd
CY2023	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	80947000	usd
CY2022	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	262344000	usd
CY2021	us-gaap	Undistributed Earnings Loss Available To Common Shareholders Basic UndistributedEarningsLossAvailableToCommonShareholdersBasic	108459000	usd
CY2023	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	0	usd
CY2022	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	0	usd
CY2021	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	0	usd
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	80947000	usd
CY2022	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	262344000	usd
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	108459000	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133093000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132923000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133109000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133074000	shares
CY2023	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	327233	shares
CY2022	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2021	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q4	grnt	Accrued Drilling Costs AccruedDrillingCosts	32739000	usd
CY2022Q4	grnt	Accrued Drilling Costs AccruedDrillingCosts	21728000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	20037000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	32216000	usd
CY2023Q4	grnt	Accrued Production Costs AccruedProductionCosts	5729000	usd
CY2022Q4	grnt	Accrued Production Costs AccruedProductionCosts	6710000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2370000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1526000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	60875000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	62180000	usd

Files In Submission

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0001928446-24-000009.txt	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable

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$GRNT
Granite Ridge Resources, Inc. Stock $grnt

2024 Q1 Form 10-K Financial Statement

#000192844624000009 Filed on March 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GRNT Granite Ridge Resources, Inc. Stock $grnt

2024 Q1 Form 10-K Financial Statement

#000192844624000009 Filed on March 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GRNT
Granite Ridge Resources, Inc. Stock $grnt