GRNT Q4 2022 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena

GRNTGranite Ridge Resources, Inc

$677M

Q4 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$116M-10.8% YoY

Gross Profit

$70M60.5% margin

Operating Income

$64M55.0% margin

Net Income

$57M48.7% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

-15.1%

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

-$37M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$795M

Total Liabilities

$131M

Stockholders' Equity

$664M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$116M	$130M	-10.8%
Gross Profit	$70M	$119M	-41.0%
Operating Income	$64M	$68M	-5.3%
Net Income	$57M	$52M	+9.3%