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| 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 |