Granite Ridge Resources (GRNT) Gross Profit (2021 - 2022)

Granite Ridge Resources (GRNT) posted Gross Profit of $132.2 million for Q4 2022, up 1.21% on a QoQ basis from $130.6 million in Q3 2022, and down 15.26% year-over-year from $156.0 million in Q4 2021.

Granite Ridge Resources (GRNT) Gross Profit (2021 - 2022) Analysis & Trends

Granite Ridge Resources' Gross Profit history runs 2 years deep, the most recent figure standing at $132.2 million for 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 was $132.2 million for Q4 2022 at Granite Ridge Resources, up from $130.6 million in the prior quarter.
  • Across five years, Gross Profit topped out at $156.0 million in Q4 2021 and bottomed at $52.1 million in Q3 2021.

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
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