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
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