Granite Ridge Resources, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $290.2m $497.4m $394.1m $380.0m $450.3m
Operating Expenses $147.0m $195.3m $303.5m $320.8m $403.9m
Operating Income (Loss) $143.2m $302.1m $90.6m $59.3m $46.4m
Additional Financial Items
Equity Securities, FV-NI, Realized Gain (Loss) $0 $0 $508k ($15.2m) ($10.5m)
Gain (Loss) on Investments $0 $0 $508k ($15.2m) ($15.8m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $108.5m $275.2m $105.6m $25.0m $32.1m
Net Income (Loss) Attributable to Parent $108.5m $262.3m $81.1m $18.8m $24.4m
Earnings Per Share, Basic $0.82 $1.97 $0.61 $0.14 $0.18
Earnings Per Share, Diluted $0.82 $1.97 $0.61 $0.14 $0.18
Common Stock, Dividends, Per Share, Declared $0.82 $0.08 $0.44 $0.44 $0.44
Weighted Average Number of Shares Outstanding, Basic 132.9m 132.9m 133.1m 130.2m 130.4m
Weighted Average Number of Shares Outstanding, Diluted 132.9m 133.1m 133.1m 130.2m 130.5m
General and Administrative Expense $10.2m $14.2m $27.9m $24.6m $31.0m
Operating Lease, Expense $26.3m $44.7m $60.5m $57.5m $84.9m
Other Nonoperating Income (Expense) $271k ($94k)
Interest Expense (non-operating) $18.5m $25.5m
Interest Expense $2.4m $2.0m $5.3m
Other Cost and Expense, Operating $176k
Income Tax Expense (Benefit) $0 $12.8m $24.5m $6.2m $7.8m