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GRNT Q2 2024 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena
GRNT
Granite Ridge Resources, Inc
$677M
Q2 2024 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$91M
+3.5% YoY
Gross Profit
$29M
31.4% margin
Operating Income
$22M
24.1% margin
Net Income
$5M
5.6% margin
EPS (Diluted)
$0.04
QoQ Revenue Growth
+1.9%
Cash Flow
Operating Cash Flow
$64M
Free Cash Flow
-$20M
Stock-Based Comp.
$583,000
Balance Sheet
Total Assets
$990M
Total Liabilities
$325M
Stockholders' Equity
$665M
Cash & Equivalents
$14M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$91M
$88M
+3.5%
Gross Profit
$29M
$32M
-10.6%
Operating Income
$22M
$24M
-8.3%
Net Income
$5M
$9M
-41.6%
Revenue Segments
Oil and Gas Service
$77M
85%
Natural Gas, Storage
$13M
15%
Geographic Segments
Permian
$56M
100%
← FY 2024
All Quarters
Q3 2024 →