GRNT FY 2023 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena

GRNTGranite Ridge Resources, Inc

$677M

FY 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$394M-20.8% YoY

Gross Profit

$145M36.8% margin

Operating Income

$91M23.0% margin

Net Income

$81M20.6% margin

EPS (Diluted)

$0.61

Cash Flow

Operating Cash Flow

$303M

Free Cash Flow

-$56M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$927M

Total Liabilities

$255M

Stockholders' Equity

$672M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$394M	$497M	-20.8%
Gross Profit	$145M	$316M	-54.1%
Operating Income	$91M	$302M	-70.0%
Net Income	$81M	$262M	-69.1%