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NYSE: GRNT
Granite Ridge Resources Inc Earnings Dates, Reports, Calls

Granite Ridge Resources earnings were $56.8M for the trailing 12 months ending Jun 30, 2024, with -69.3% growth year over year. The latest GRNT earnings report on Jun 30, 2024 announced Q2 2024 earnings of $5.1M, down 68.6% from last quarter. For the last reported fiscal year 2023 ending Dec 31, 2023, GRNT reported annual earnings of $81.1M, with -69.1% growth.

GRNT past earnings growth

How has GRNT's earnings growth performed historically?
Company
-69.34%
Industry
-16.75%
Market
56.96%
GRNT's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
GRNT's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Market Performance

GRNT earnings history

Current Revenue
$394.9M
Current Earnings
$56.8M
Current Profit Margin
14.4%

GRNT Return on Equity

Current Company
8.5%
Current Industry
18.9%
Current Market
33.7%
GRNT's Return on Equity (8.5%)... subscribe to Premium to read more.
High Return on Equity Performance

GRNT Return on Assets

Current Company
6%
Current Industry
9.9%
GRNT is generating lower Return... subscribe to Premium to read more.
Above Average Return on Assets Performance

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GRNT Return on Capital Employed

Current Company
9.28%
Current Industry
15%
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Increasing Return on Capital Employed Performance

GRNT vs Oil and Gas Stocks

TickerEBITDAEarningsY/Y EarningsEPS
GRNT$260.02M$56.82M+117.57%$0.42
VTS$146.06M$27.19MN/A$0.91
TXO-$125.13M-$172.18MN/A-$5.72
TELL-$156.46M-$262.87MN/A-$0.36
EGY$297.32M$85.97M-12.40%$0.81

Granite Ridge Resources Earnings Reports & History FAQ

What were Granite Ridge Resources's earnings last quarter?

Granite Ridge Resources (NYSE: GRNT) reported Q2 2024 earnings per share (EPS) of $0.04, up 42.86% year over year. Total GRNT earnings for the quarter were $5.10 million. In the same quarter last year, Granite Ridge Resources's earnings per share (EPS) was $0.07.

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Is Granite Ridge Resources profitable or losing money?

As of the last Granite Ridge Resources earnings report, Granite Ridge Resources is currently profitable. Granite Ridge Resources's net profit (also called net income) for the twelve months ending Jun 30, 2024 was $56.82 million, a 68.82% decrease year over year.

What was GRNT's earnings growth in the past year?

As of Granite Ridge Resources's earnings date in Q4 2024, Granite Ridge Resources's earnings has grown -69.34% year over year. This is 52.6 percentage points lower than the US Oil & Gas E&P industry earnings growth rate of -16.75%. GRNT earnings in the past year totalled $56.82 million.
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