Granite Ridge Resources (GRNT) Gross Margin (2021 - 2022)
Granite Ridge Resources (GRNT) reported Gross Margin of 113.62% for Q4 2022, up 792.0% on a YoY basis from 12.74% in Q4 2021, and up 19.16% quarter-over-quarter from 95.35% in Q3 2022.
Granite Ridge Resources (GRNT) Gross Margin (2021 - 2022) Analysis & Trends
Granite Ridge Resources has reported Gross Margin for 2 years, with the latest figure at 113.62% in Q4 2022.
- For the quarter ending Q4 2022, Gross Margin rose 792.0% year-over-year to 113.62%; the trailing twelve-month figure through Dec 2022 stood at 94.66% (changed N/A YoY), and the FY2023 full-year result was 99.96%, down 4.0% from the prior year.
- Gross Margin for Q4 2022 stood at 113.62%, up from 95.35% in the prior quarter.
- The five-year high for Gross Margin was 113.62% in Q4 2022, with the low at 93.5% in Q3 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 113.62% |
| Sep 30, 2022 | 95.35% |
| Dec 31, 2021 | 105.70% |
| Sep 30, 2021 | 93.50% |