Granite Ridge Resources, Inc. (GRNT)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Oil and natural gas sales | 109,219 | 122,931 | 94,075 | 90,652 |
| Exploration expense | - | - | 283 | - |
| Lease operating expenses | 20,118 | 16,240 | 13,026 | 13,669 |
| General and administrative | 8,517 | 7,463 | 5,590 | 6,623 |
| Impairments of unproved properties | - | - | - | - |
| Depletion and accretion expense | 53,412 | 48,445 | 44,149 | 41,592 |
| Production and ad valorem taxes | 6,437 | 8,368 | 6,345 | 6,881 |
| Other, net | - | -120 | - | - |
| Total operating costs and expenses | 88,484 | 80,396 | 69,393 | 68,765 |
| Net operating income | 20,735 | 42,535 | 24,682 | 21,887 |
| Dividend income | - | - | - | 269 |
| Loss on equity investments | - | - | -18,320 | -8,774 |
| Other income (loss) | -93 | - | 1 | -1 |
| Interest expense, net | 5,914 | 5,015 | 4,820 | 5,817 |
| Loss on equity investments | -5,795 | -9,971 | - | - |
| Gain (loss) on derivatives - commodity derivatives | 23,925 | -14,857 | 11,841 | -785 |
| Total other income (expense) | 12,123 | -29,843 | -11,298 | -15,108 |
| Income before income taxes | 32,858 | 12,692 | 13,384 | 6,779 |
| Income tax expense | 7,777 | 2,880 | 4,330 | 1,678 |
| Net income | 25,081 | 9,812 | 9,054 | 5,101 |
| Basic (in dollars per share) | 0.19 | 0.07 | 0.07 | 0.04 |
| Basic (in shares) | 130,469,000 | 130,336,000 | 130,204,000 | 130,204,000 |
| Diluted (in dollars per share) | 0.19 | 0.07 | 0.07 | 0.04 |
| Diluted (in shares) | 130,588,000 | 130,401,000 | 130,242,000 | 130,251,000 |