Stock Earnings

Question 1

What are Granite Ridge Resources Inc's key financial statements?

Accepted Answer

According to the latest financial statement (Form-10K), Granite Ridge Resources Inc has a total asset of $1,036, Net profit of $18

Question 2

What are the key financial ratios for GRNT?

Accepted Answer

Granite Ridge Resources Inc's Current ratio is 2.58, has a Net margin is 4.73, sales per share of $2.91.

Question 3

How is Granite Ridge Resources Inc's revenue broken down by segment or geography?

Accepted Answer

Granite Ridge Resources Inc largest revenue segment is Oil, at a revenue of 327,491,000 in the most earnings release.For geography, United States is the primary market for Granite Ridge Resources Inc, at a revenue of 380,030,000.

Question 4

Is Granite Ridge Resources Inc profitable?

Accepted Answer

yes, according to the latest financial statements, Granite Ridge Resources Inc has a net profit of $18

Question 5

Does Granite Ridge Resources Inc have any liabilities?

Accepted Answer

yes, Granite Ridge Resources Inc has liability of 401

Question 6

How many outstanding shares for Granite Ridge Resources Inc?

Accepted Answer

Granite Ridge Resources Inc has a total outstanding shares of 130.73

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	451	380	394	497	290	87
Revenue Growth (YoY)	19%	-4%	-21%	71%	233%	--
Cost of Revenue	28	26	27	30	18	6
Gross Profit	422	354	366	466	272	80
Selling, General & Admin	104	82	88	58	36	30
Research & Development	--	--	--	--	--	--
Operating Expenses	311	258	249	164	131	110
Other Non Operating Income (Expenses)	0	0	0	--	--	--
Pretax Income	48	24	105	275	108	-23
Income Tax Expense	10	6	24	12	0	0
Net Income	37	18	81	262	108	-23
Net Income Growth	-21%	-78%	-69%	143%	-570%	--
Shares Outstanding (Diluted)	130.5	130.22	133.1	133.26	133.26	133.26
Shares Change (YoY)	0%	-2%	0%	0%	0%	--
EPS (Diluted)	0.28	0.14	0.61	1.97	0.81	-0.18
EPS Growth	-20%	-77%	-69%	143%	-550%	--
Free Cash Flow	-91	-71	-56	111	-38	-50
Free Cash Flow Per Share	-0.69	-0.54	-0.42	0.83	-0.28	-0.37
Gross Margin	93.56%	93.15%	92.89%	93.76%	93.79%	91.95%
Operating Margin	24.39%	25%	29.69%	60.76%	48.27%	-34.48%
Profit Margin	8.2%	4.73%	20.55%	52.71%	37.24%	-26.43%
Free Cash Flow Margin	-20.17%	-18.68%	-14.21%	22.33%	-13.1%	-57.47%
EBITDA	317	271	277	407	234	49
EBITDA Margin	70.28%	71.31%	70.3%	81.89%	80.68%	56.32%
D&A For EBITDA	207	176	160	105	94	79
EBIT	110	95	117	302	140	-30
EBIT Margin	24.39%	25%	29.69%	60.76%	48.27%	-34.48%
Effective Tax Rate	20.83%	25%	22.85%	4.36%	0%	0%

Granite Ridge Resources Inc (GRNT) Price

GRNT Stock Price Chart

GRNT Income

Follow-Up Questions