Granite Ridge Resources Inc (GRNT) FinancialsGRNTGranite Ridge Resources Inc

Granite Ridge Resources, Inc. (GRNT) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Oil, accounting for 93.6% of total sales, equivalent to $139.67M. Another important revenue stream is Natural gas. Understanding this composition is critical for investors evaluating how GRNT navigates market cycles within the Oil & Gas Exploration and Production industry.

Evaluating the bottom line, Granite Ridge Resources, Inc. maintains a gross margin of 58.50%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 32.30%, while the net margin is 20.09%. These profitability ratios, combined with a Return on Equity (ROE) of -4.64%, provide a clear picture of how effectively GRNT converts its operational activities into shareholder value.

In the context of the broader market, GRNT competes directly with industry leaders such as EGY and WTI. With a market capitalization of $671.37M, it holds a leading position in the sector. When comparing efficiency, GRNT's gross margin of 58.50% stands against EGY's 41.00% and WTI's 40.26%. Such benchmarking helps identify whether Granite Ridge Resources, Inc. is trading at a premium or discount relative to its financial performance.

Granite Ridge has shown fluctuating financial performance, with a gross margin peaking at 58.50% in Q2 2026, indicating strong profitability potential. However, the company has also reported a net income loss of $47,131,000 in Q1 2026, highlighting volatility in earnings.