GRNT Q2 2022 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena

GRNTGranite Ridge Resources, Inc

$677M

Q2 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$150M+5054.1% YoY

Gross Profit

$102M67.6% margin

Operating Income

$99M66.1% margin

Net Income

$93M62.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+60.1%

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$415M

Total Liabilities

$20M

Stockholders' Equity

$395M

Cash & Equivalents

$172,102

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$3M	+5054.1%
Gross Profit	$102M	$2M	+6039.8%
Operating Income	$99M	$3M	+3861.6%
Net Income	$93M	$2M	+5689.0%