Granite Ridge Resources GRNT
NYSE GRNT
$5.11 -0.07 (-1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Granite Ridge Resources' (GRNT) quarterly Accumulated Expenses came in at $62.3 million in Q2 2024, up 21.02% YoY from $51.5 million in Q3 2023, and little changed on a QoQ basis from $62.0 million in Q1 2024.

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

Granite Ridge Resources (GRNT) has 4 years of Accumulated Expenses data on file, last reported at $62.3 million in 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 held at $62.3 million in Q2 2024, from $62.0 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $69.6 million in Q1 2023 to a low of $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 declined 10.88%.
  • Tracing GRNT's Accumulated Expenses over 4 years: 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 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn
3 Eog Resources 80.47 Bn 75.56 Bn -
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn
9 Texas Pacific Land 26.50 Bn 26.25 Bn -
10 Granite Ridge Resources 669.72 Mn 624.73 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