Granite Ridge Resources (GRNT) Accumulated Expenses (2021 - 2024)
Granite Ridge Resources (GRNT) posted Accumulated Expenses of $62.3 million for Q2 2024, little changed on a QoQ basis from $62.0 million in Q1 2024, and up 21.02% year-over-year from $51.5 million in Q3 2023.
Granite Ridge Resources (GRNT) Accumulated Expenses (2021 - 2024) Analysis & Trends
Granite Ridge Resources' Accumulated Expenses history runs 4 years deep, the most recent figure standing at $62.3 million for Q2 2024.
- Quarterly Accumulated Expenses rose 21.02% year-over-year to $62.3 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $62.3 million (up 21.02% YoY) and the FY2023 annual result came in at $60.9 million, down 2.1% from the prior year.
- Accumulated Expenses was $62.3 million for Q2 2024 at Granite Ridge Resources, roughly flat from $62.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $69.6 million in Q1 2023 and bottomed at $10.3 million in Q4 2021.
- A 4-year average of $51.3 million and a median of $62.0 million in 2023 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2022 — Accumulated Expenses soared 502.46% — and 2024, when it decreased 10.88%.
- Granite Ridge Resources' Accumulated Expenses stood at $10.3 million in 2021, then surged by 502.46% to $62.2 million in 2022, then dropped by 2.1% to $60.9 million in 2023, then advanced by 2.4% to $62.3 million in 2024.
- Business Quant data shows GRNT's Accumulated Expenses at $62.3 million in Q2 2024, $62.0 million in Q1 2024, and $60.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 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 |