Granite Ridge Resources (GRNT) Cost of Revenue (2021 - 2022)
Granite Ridge Resources' (GRNT) quarterly Cost of Revenue came in at -$15.8 million in Q4 2022, down 88.41% YoY from -$136.7 million in Q4 2021, and down 348.74% on a QoQ basis from $6.4 million in Q3 2022.
Granite Ridge Resources (GRNT) Cost of Revenue (2021 - 2022) Analysis & Trends
Granite Ridge Resources (GRNT) has 2 years of Cost of Revenue data on file, last reported at -$15.8 million in 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 slipped to -$15.8 million in Q4 2022, from $6.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $6.4 million in Q3 2022 to a low of -$15.8 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Granite Ridge Resources | 669.72 Mn | 624.73 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 |