Granite Ridge Resources, Inc (GRNT) Financials

$5.98

north_east $0.02 (0.25%)
Day's range
$5.92
Day's range
$6.04

GRNT Income statement / Annual

Last year (2023), Granite Ridge Resources, Inc's total revenue was $394.07 M, a decrease of 16.25% from the previous year. In 2023, Granite Ridge Resources, Inc's net income was $81.10 M. See Granite Ridge Resources, Inc,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $394.07 M $470.52 M $273.09 M $81.10 M $13.44 M
Cost of Revenue $248.89 M $48.40 M $27.30 M $21.06 M $3.84 M
Gross Profit $145.18 M $422.12 M $245.79 M $60.04 M $9.60 M
Gross Profit Ratio 0.37 0.9 0.9 0.74 0.71
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $27.92 M $14.22 M $389,010.00 $10.11 M $1.57 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $27.92 M $14.22 M $389,010.00 $10.11 M $1.57 M
Other Expenses $0.00 $105.75 M $3.04 M $79.95 M $7.26 M
Operating Expenses $27.92 M $119.98 M $3.43 M $90.06 M $8.83 M
Cost And Expenses $276.81 M $195.27 M $5.85 M $117.12 M $12.67 M
Interest Income $0.00 $1.99 M $2.39 M $11,571.00 $0.00
Interest Expense $5.32 M $1.99 M $138,148.00 $1.84 M $665,893.00
Depreciation & Amortization $160.66 M $105.75 M $94.66 M $79.95 M $7.26 M
EBITDA $271.56 M $382.94 M $203.23 M $62.94 M $11.57 M
EBITDA Ratio 0.69 0.87 0.03 0.62 0.6
Operating Income Ratio 0.3 0.64 0.02 -0.37 0.06
Total Other Income/Expenses Net -$11.68 M -$26.95 M -$106,000.00 -$6.92 M -$2.04 M
Income Before Tax $105.58 M $275.19 M $3.77 M -$23.93 M $3.64 M
Income Before Tax Ratio 0.27 0.58 0.01 -0.3 0.27
Income Tax Expense $24.48 M $12.85 M $138,148.00 $1.84 M $665,893.00
Net Income $81.10 M $262.34 M $3.77 M -$25.77 M $3.64 M
Net Income Ratio 0.21 0.56 0.01 -0.32 0.27
EPS 0.61 1.97 0.0283 -0.58 0.0273
EPS Diluted 0.61 1.97 0.0283 -0.58 0.0273
Weighted Average Shares Out $133.09 M $132.92 M $132.92 M $44.38 M $133.29 M
Weighted Average Shares Out Diluted $133.11 M $133.07 M $132.92 M $44.38 M $133.29 M
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