Granite Ridge Resources (GRNT) Accumulated Expenses (2021 - 2024)

Granite Ridge Resources (GRNT) reported Accumulated Expenses of $62.3 million for Q2 2024, up 21.02% on a YoY basis from $51.5 million in Q3 2023, and little changed quarter-over-quarter from $62.0 million in Q1 2024.

Granite Ridge Resources (GRNT) Accumulated Expenses (2021 - 2024) Analysis & Trends

Granite Ridge Resources has reported Accumulated Expenses for 4 years, with the latest figure at $62.3 million in Q2 2024.

  • For the quarter ending Q2 2024, Accumulated Expenses rose 21.02% year-over-year to $62.3 million; the trailing twelve-month figure through Jun 2024 stood at $62.3 million (up 21.02% YoY), and the FY2023 full-year result was $60.9 million, down 2.1% from the prior year.
  • Accumulated Expenses for Q2 2024 stood at $62.3 million, roughly flat from $62.0 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $69.6 million in Q1 2023, with the low at $10.3 million in Q4 2021.
  • Historically, Accumulated Expenses has averaged $51.3 million across 4 years, with a median of $62.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses soared 502.46% — and 2024, when it declined 10.88%.
  • Granite Ridge Resources' Accumulated Expenses stood at $10.3 million in 2021, then soared by 502.46% to $62.2 million in 2022, then decreased by 2.1% to $60.9 million in 2023, then rose by 2.4% to $62.3 million in 2024.
  • The last three Accumulated Expenses figures came in at $62.3 million (Q2 2024), $62.0 million (Q1 2024), and $60.9 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 Granite Ridge Resources 626.98 Mn 572.76 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 62.34 Mn
Mar 31, 2024 62.03 Mn
Dec 31, 2023 60.88 Mn
Sep 30, 2023 61.99 Mn
Jun 30, 2023 51.51 Mn
Mar 31, 2023 69.60 Mn
Dec 31, 2022 62.18 Mn
Sep 30, 2022 20.60 Mn
Dec 31, 2021 10.32 Mn