Granite Ridge Resources (GRNT) Revenue & Revenue Breakdown
Granite Ridge Resources Revenue Highlights
Latest Revenue (Y)
$394.07M
Latest Revenue (Q)
$90.65M
Main Segment (Y)
Oil and Gas Service
Main Geography (Y)
Permian
Granite Ridge Resources Revenue by Period
Granite Ridge Resources Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $394.07M | -16.25% |
| 2022-12-31 | $470.52M | 72.29% |
| 2021-12-31 | $273.09M | 236.74% |
| 2020-12-31 | $81.10M | 503.40% |
| 2019-12-31 | $13.44M | - |
Granite Ridge Resources generated $394.07M in revenue during NA 2023, up -16.25% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Granite Ridge Resources Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $90.65M | 1.86% |
| 2024-03-31 | $89.00M | -16.67% |
| 2023-12-31 | $106.80M | -1.48% |
| 2023-09-30 | $108.40M | 32.43% |
| 2023-06-30 | $81.86M | -5.05% |
| 2023-03-31 | $86.21M | -58.40% |
| 2022-12-31 | $207.25M | 129.79% |
| 2022-09-30 | $90.19M | -36.74% |
| 2022-06-30 | $142.57M | 60.28% |
| 2022-03-31 | $88.95M | -31.82% |
| 2021-12-31 | $130.46M | 134.15% |
| 2021-09-30 | $55.72M | 12.32% |
| 2021-06-30 | $49.61M | 32.97% |
| 2021-03-31 | $37.31M | - |
Granite Ridge Resources generated $90.65M in revenue during Q2 2024, up 1.86% compared to the previous quarter, and up 105.15% compared to the same period a year ago.
Granite Ridge Resources Revenue Breakdown
Granite Ridge Resources Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 |
|---|---|---|
| Natural Gas, Storage | $76.97M | - |
| Oil and Gas Service | $317.10M | - |
| Oil | - | $338.16M |
| Natural Gas | - | $159.25M |
Granite Ridge Resources's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil and Gas Service (80.47%), and Natural Gas, Storage (19.53%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Sep 22 |
|---|---|---|---|---|---|
| Oil and Gas Service | $75.77M | $174.55M | $69.07M | $73.47M | - |
| Natural Gas, Storage | $13.23M | $40.65M | $18.49M | $17.84M | - |
| Oil and Condensate | - | - | - | - | $61.61M |
Granite Ridge Resources's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Oil and Gas Service (85.13%), and Natural Gas, Storage (14.87%).
Granite Ridge Resources Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 |
|---|---|---|
| Permian | $237.73M | $266.86M |
Granite Ridge Resources's latest annual revenue breakdown by geography, as of Dec 23: Permian (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Jun 23 | Mar 23 |
|---|---|---|---|---|
| Permian | $49.95M | $135.40M | $50.52M | $51.81M |
Granite Ridge Resources's latest quarterly revenue breakdown by geography, as of Mar 24: Permian (100.00%).
Granite Ridge Resources Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PHX | PHX Minerals | $37.60T | $8.12M |
| CRC | California Resources | $2.81B | $518.00M |
| CRGY | Crescent Energy Company | $2.38B | $653.28M |
| GPOR | Gulfport Energy | $1.05B | $238.09M |
| GPRK | GeoPark | $756.60M | $167.42M |
| GRNT | Granite Ridge Resources | $394.07M | $90.65M |
| EPSN | Epsilon Energy | $30.73M | $7.31M |
| PNRG | PrimeEnergy Resources | $20.25M | - |
GRNT Revenue FAQ
What is Granite Ridge Resources’s yearly revenue?
Granite Ridge Resources's yearly revenue for 2023 was $394.07M, representing a decrease of -16.25% compared to 2022. The company's yearly revenue for 2022 was $470.52M, representing an increase of 72.29% compared to 2021. GRNT's yearly revenue for 2021 was $273.09M, representing an increase of 236.74% compared to 2020.
What is Granite Ridge Resources’s quarterly revenue?
Granite Ridge Resources's quarterly revenue for Q2 2024 was $90.65M, a 1.86% increase from the previous quarter (Q1 2024), and a 10.74% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $89M, a -16.67% decrease from the previous quarter (Q4 2023), and a 3.23% increase year-over-year (Q1 2023). GRNT's quarterly revenue for Q4 2023 was $106.8M, a -1.48% decrease from the previous quarter (Q3 2023), and a -48.47% decrease year-over-year (Q4 2022).
What is Granite Ridge Resources’s revenue growth rate?
Granite Ridge Resources's revenue growth rate for the last 3 years (2021-2023) was 44.30%, and for the last 5 years (2019-2023) was 2832.05%.
What are Granite Ridge Resources’s revenue streams?
Granite Ridge Resources's revenue streams in c 23 are Natural Gas, Storage, and Oil and Gas Service. Natural Gas, Storage generated $76.97M in revenue, accounting 19.53% of the company's total revenue Oil and Gas Service generated $317.1M in revenue, accounting 80.47% of the company's total revenue
What is Granite Ridge Resources’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Granite Ridge Resources was Oil and Gas Service. This segment made a revenue of $317.1M, representing 80.47% of the company's total revenue.