NYSE$GRNT

Granite Ridge Resources Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

GRNT Q3 2024 — n/d revenue, 30.00 EPS

Items contemplating or making assumptions about actual or potential future production, sales, market size, collaborations, cash flows, and trends or operating results also constitute such forward-look. Granite Ridge Resources Inc reported Q3 2024 results. Diluted EPS came in at $30.00. Net income of $30K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Diluted EPS: $30.00.
  • Net income: $30K.
  • Operating income: $25K.

Headline financials

Total Revenue

$94.1M

Previous: $108M-13.2%
EPS

$0.07

Previous: $0.13-46.2%
Capital Expenditures

-$245M

Previous: -$287M+14.4%
Free Cash Flow

-$236M

Previous: -$269M+12.0%
Net Income

$9.05M

Previous: $18M-49.6%
Operating Income

$24.7M

Previous: $32.6M-24.3%
Cash & Equivalents

$23.1M

Previous: $6.12M+277.7%
Total Assets

$1.04B

Previous: $921M+12.5%

Revenue & EPS history

Granite Ridge · Revenue · Quarterly

$94.1M

Q3 2024-13.2%vs Q3 2023
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-1.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

-0.3%

Avg return

30 days after

36%

4 / 11 earnings

Positive

+3.9%

Q3 2022

Best reaction

-6.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-8.1%-15.8%
Q4 2025-6.0%-5.1%+7.3%
Q3 2025-4.6%-5.6%+0.4%
Q1 2025+1.4%+10.8%+14.5%
Q3 2024-0.2%+3.8%-2.8%
Q2 2024+2.6%+7.1%-1.5%
Q1 2024+0.6%-2.0%-5.7%
Q3 2023-2.8%-1.3%-2.0%
Q2 2023-2.3%+3.5%+3.6%
Q1 2023-4.8%-2.9%+8.3%
Q3 2022+3.9%+3.8%-10.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro