Granite Ridge Resources, Inc (GRNT) Financials

$5.46

north_east
$0.1 (1.87%)
Day's range
$5.41
Day's range
$5.52

GRNT Income statement / Annual

Last year (2024), Granite Ridge Resources, Inc's total revenue was $380.03 M, a decrease of 3.56% from the previous year. In 2024, Granite Ridge Resources, Inc's net income was $18.76 M. See Granite Ridge Resources, Inc,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $380.03 M $394.07 M $497.42 M $290.19 M $87.10 M $13.44 M
Cost of Revenue $260.00 M $248.89 M $181.05 M $139.06 M $107.01 M $11.11 M
Gross Profit $120.03 M $145.18 M $316.37 M $151.13 M -$19.91 M $2.33 M
Gross Profit Ratio 0.32 0.37 0.64 0.52 -0.23 0.17
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $24.65 M $27.92 M $14.22 M $10.18 M $10.11 M $1.57 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $24.65 M $27.92 M $14.22 M $10.18 M $10.11 M $1.57 M
Other Expenses $36.13 M $26.67 M $0.00 -$2.28 M $5.08 M -$4.91 M
Operating Expenses $60.78 M $54.59 M $14.22 M $7.90 M $15.19 M -$3.34 M
Cost And Expenses $320.77 M $303.48 M $195.27 M $146.96 M $122.19 M $7.76 M
Interest Income $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $18.47 M $5.32 M $1.99 M $2.39 M $1.84 M $665.89 K
Depreciation & Amortization $176.53 M $160.66 M $105.75 M $94.66 M $79.95 M $7.26 M
EBITDA $219.97 M $271.56 M $382.94 M $205.51 M $57.86 M $11.57 M
EBITDA Ratio 0.58 0.69 0.77 0.71 0.66 0.86
Operating Income Ratio 0.16 0.23 0.61 0.49 -0.4 0.42
Total Other Income/Expenses Net -$34.29 M $15.00 M -$26.95 M -$34.77 M $11.17 M -$2.04 M
Income Before Tax $24.97 M $105.58 M $275.19 M $108.46 M -$23.93 M $3.64 M
Income Before Tax Ratio 0.07 0.27 0.55 0.37 -0.27 0.27
Income Tax Expense $6.21 M $24.48 M $12.85 M $0.00 $0.00 $0.00
Net Income $18.76 M $81.10 M $262.34 M $108.46 M -$23.93 M $3.64 M
Net Income Ratio 0.05 0.21 0.53 0.37 -0.27 0.27
EPS 0.14 0.61 1.97 0.82 -0.18 0.0273
EPS Diluted 0.14 0.61 1.97 0.82 -0.18 0.0273
Weighted Average Shares Out $130.19 M $133.09 M $132.92 M $132.92 M $133.29 M $133.29 M
Weighted Average Shares Out Diluted $130.23 M $133.11 M $133.07 M $132.92 M $133.29 M $133.29 M
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