For the quarter ending 2025-09-30, GRNT made $112,671K in revenue. $14,523K in net income. Net profit margin of 12.89%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Oil and natural gas sales | 112,671 | 109,219 | 122,931 | 97,652 |
| Lease operating expenses | 23,596 | 20,118 | 16,240 | 15,383 |
| Production and ad valorem taxes | 6,551 | 6,437 | 8,368 | 6,391 |
| Depletion and accretion expense | 55,947 | 53,412 | 48,445 | 45,394 |
| Impairments of long-lived assets | - | - | - | 9,092 |
| Impairments of unproved properties | 0 | 0 | - | - |
| General and administrative | 6,988 | 8,517 | 7,463 | 6,218 |
| Other, net | 0 | 0 | -120 | 8,830 |
| Total operating costs and expenses | 93,082 | 88,484 | 80,396 | 91,308 |
| Net operating income | 19,589 | 20,735 | 42,535 | 6,344 |
| Gain on derivatives - commodity derivatives | 5,224 | 23,925 | -14,857 | -5,982 |
| Interest expense, net | 6,069 | 5,914 | 5,015 | 3,917 |
| Unrealized gain (loss) recognized | 548 | - | - | - |
| Loss on equity investments | - | -5,795 | -9,971 | 5,821 |
| Other income (loss) | 0 | -93 | - | 136 |
| Total other income (expense) | -297 | 12,123 | -29,843 | -3,942 |
| Income before income taxes | 19,292 | 32,858 | 12,692 | 2,402 |
| Income tax expense | 4,769 | 7,777 | 2,880 | 100 |
| Net income | 14,523 | 25,081 | 9,812 | 2,302 |
| Basic (in dollars per share) | 0.11 | 0.19 | 0.07 | 0.015 |
| Basic (in shares) | 130,472,000 | 130,469,000 | 130,336,000 | -65,109,500 |
| Diluted (in dollars per share) | 0.11 | 0.19 | 0.07 | 0.015 |
| Diluted (in shares) | 130,506,000 | 130,588,000 | 130,401,000 | -65,133,000 |
Granite Ridge Resources, Inc. (GRNT)
Granite Ridge Resources, Inc. (GRNT)