Granite Ridge Resources (GRNT) Gross Profit (2021 - 2022)
Granite Ridge Resources' (GRNT) quarterly Gross Profit came in at $132.2 million in Q4 2022, down 15.26% YoY from $156.0 million in Q4 2021, and up 1.21% on a QoQ basis from $130.6 million in Q3 2022.
Granite Ridge Resources (GRNT) Gross Profit (2021 - 2022) Analysis & Trends
Granite Ridge Resources (GRNT) has 2 years of Gross Profit data on file, last reported at $132.2 million in Q4 2022.
- Quarterly Gross Profit fell 15.26% year-over-year to $132.2 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $470.8 million (changed N/A YoY) and the FY2023 annual result came in at $393.9 million, down 20.81% from the prior year.
- Gross Profit advanced to $132.2 million in Q4 2022, from $130.6 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $156.0 million in Q4 2021 to a low of $52.1 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 132.18 Mn |
| Dec 31, 2022 | 132.18 Mn |
| Sep 30, 2022 | 130.60 Mn |
| Sep 30, 2022 | 130.60 Mn |
| Dec 31, 2021 | 155.97 Mn |
| Dec 31, 2021 | 155.97 Mn |
| Sep 30, 2021 | 52.10 Mn |
| Sep 30, 2021 | 52.10 Mn |