GRNT Q1 2022 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena

GRNTGranite Ridge Resources, Inc

$677M

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$94M+3099.8% YoY

Gross Profit

$64M68.3% margin

Operating Income

$61M65.4% margin

Net Income

$32M34.6% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

-28.1%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$400M

Total Liabilities

$58M

Stockholders' Equity

$342M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$3M	+3099.8%
Gross Profit	$64M	$1M	+6188.4%
Operating Income	$61M	$956,243	+6317.2%
Net Income	$32M	$167,741	+19241.7%