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| Date | Value |
|---|---|
| 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 |