Granite Ridge Resources (GRNT) Cost of Revenue (2021 - 2022)
Granite Ridge Resources (GRNT) posted Cost of Revenue of -$15.8 million for Q4 2022, down 348.74% on a QoQ basis from $6.4 million in Q3 2022, and down 88.41% year-over-year from -$136.7 million in Q4 2021.
Granite Ridge Resources (GRNT) Cost of Revenue (2021 - 2022) Analysis & Trends
Granite Ridge Resources' Cost of Revenue history runs 2 years deep, the most recent figure standing at -$15.8 million for Q4 2022.
- Quarterly Cost of Revenue fell 88.41% year-over-year to -$15.8 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was -$14.3 million (changed N/A YoY) and the FY2023 annual result came in at $176000.0, changed N/A from the prior year.
- Cost of Revenue was -$15.8 million for Q4 2022 at Granite Ridge Resources, down from $6.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $6.4 million in Q3 2022 and bottomed at -$15.8 million in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 6.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 24.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 326.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 385.02 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 894.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 185.00 Mn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -15.84 Mn |
| Dec 31, 2022 | -15.84 Mn |
| Sep 30, 2022 | 6.37 Mn |
| Sep 30, 2022 | 6.37 Mn |
| Dec 31, 2021 | -8.41 Mn |
| Dec 31, 2021 | -8.41 Mn |
| Sep 30, 2021 | 3.62 Mn |
| Sep 30, 2021 | 3.62 Mn |