GRNT Q4 2024 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena

GRNTGranite Ridge Resources, Inc

$677M

Q4 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$106M-0.5% YoY

Gross Profit

$34M32.1% margin

Operating Income

-$7M-6.5% margin

Net Income

-$12M-10.9% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+13.0%

Cash Flow

Operating Cash Flow

$68M

Free Cash Flow

-$33M

Stock-Based Comp.

$615,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$401M

Stockholders' Equity

$635M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$107M	-0.5%
Gross Profit	$34M	$36M	-5.0%
Operating Income	-$7M	$5M	-246.3%
Net Income	-$12M	$18M	-166.3%

Revenue Segments

Oil and Gas Service

$166M84%

Natural Gas, Storage

$31M16%

Geographic Segments

Permian

$126M100%