Granite Ridge Resources, Inc. financial data

Symbol
GRNT on NYSE
Industry
Crude Petroleum & Natural Gas
Location
5217 Mckinney Avenue, Suite 400, Dallas, Texas
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 210 %
Debt-to-equity 39.3 %
Return On Equity 9.13 % -78.2%
Return On Assets 6.56 %
Operating Margin 20.6 % -62.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 130 M shares -2.07%
Entity Public Float 181 M USD
Common Stock, Value, Issued 14 K USD +7.69%
Weighted Average Number of Shares Outstanding, Basic 130 M shares -2.16%
Weighted Average Number of Shares Outstanding, Diluted 130 M shares -2.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 392 M USD -20.8%
General and Administrative Expense 25.8 M USD +29%
Operating Income (Loss) 80.8 M USD -70.1%
Nonoperating Income (Expense) -1.81 M USD -109%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 79 M USD -72.8%
Income Tax Expense (Benefit) 18.5 M USD -21.6%
Net Income (Loss) Attributable to Parent 60.5 M USD -77.3%
Earnings Per Share, Basic 0.45 USD/shares -77.6%
Earnings Per Share, Diluted 0.45 USD/shares -77.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Other Assets, Current 4.1 M USD
Assets, Current 169 M USD +46.4%
Property, Plant and Equipment, Net 382 M USD
Other Assets, Noncurrent 4.79 M USD +44.8%
Assets 967 M USD +12.9%
Accounts Payable, Current 20 M USD -37.8%
Accrued Liabilities, Current 62 M USD -10.9%
Liabilities, Current 66.1 M USD -8.14%
Deferred Income Tax Liabilities, Net 78.8 M USD -22.4%
Liabilities 293 M USD +38.7%
Retained Earnings (Accumulated Deficit) 56.7 M USD +3.97%
Stockholders' Equity Attributable to Parent 674 M USD +4.49%
Liabilities and Equity 967 M USD +12.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 68.7 M USD -15.7%
Net Cash Provided by (Used in) Financing Activities 12.7 M USD +48.6%
Net Cash Provided by (Used in) Investing Activities -71 M USD +45.4%
Common Stock, Shares Authorized 431 M shares 0%
Common Stock, Shares, Issued 136 M shares +2.21%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -40.4 M USD -204%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 21.1 M USD +87.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.83 M USD +111%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 17.7 M USD +39%
Deferred Income Tax Expense (Benefit) 4.82 M USD -51.6%
Deferred Tax Assets, Operating Loss Carryforwards 13.7 M USD +18.9%
Deferred Federal Income Tax Expense (Benefit) 22.3 M USD +95%
Additional Paid in Capital 654 M USD +10.3%
Current State and Local Tax Expense (Benefit) 209 K USD
Current Federal Tax Expense (Benefit) 0 USD
Deferred Tax Assets, Net of Valuation Allowance 17.7 M USD +39%
Deferred State and Local Income Tax Expense (Benefit) 1.96 M USD +39.4%
Interest Expense 8.14 M USD +351%