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Granite Ridge Resources (Granite Ridge Resources) Pre-Tax Income : $79.0 Mil (TTM As of Mar. 2024)


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What is Granite Ridge Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Granite Ridge Resources's pretax income for the three months ended in Mar. 2024 was $21.1 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $79.0 Mil. Granite Ridge Resources's pretax margin was 23.67%.

During the past 5 years, Granite Ridge Resources's highest Pretax Margin was 55.32%. The lowest was -27.47%. And the median was 27.08%.


Granite Ridge Resources Pre-Tax Income Historical Data

The historical data trend for Granite Ridge Resources's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Granite Ridge Resources Pre-Tax Income Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
3.64 -23.93 108.46 275.19 105.58

Granite Ridge Resources Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.65 12.87 23.11 21.95 21.06

Competitive Comparison of Granite Ridge Resources's Pre-Tax Income

For the Oil & Gas E&P subindustry, Granite Ridge Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite Ridge Resources's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Granite Ridge Resources's Pre-Tax Income falls into.



Granite Ridge Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Granite Ridge Resources's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=117.083+-6.186+-5.315+0+0
=105.6

Granite Ridge Resources's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=20.335+3.888+-3.159+0+0
=21.1

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $79.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Granite Ridge Resources  (NYSE:GRNT) Pre-Tax Income Explanation

Granite Ridge Resources's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=21.064/88.996
=23.67%

During the past 5 years, Granite Ridge Resources's highest Pretax Margin was 55.32%. The lowest was -27.47%. And the median was 27.08%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Granite Ridge Resources Pre-Tax Income Related Terms

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Granite Ridge Resources (Granite Ridge Resources) Business Description

Traded in Other Exchanges
Address
5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific US basins in partnership with proven operators.
Executives
Matthew Reade Miller director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Griffin Perry director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Thaddeus Darden director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
John Mccartney director US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
Tyler Farquharson officer: Chief Financial Officer 12377 MERIT DRIVE, SUITE 1700, LB 82, DALLAS TX 75251
Kirk Lazarine director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Iii, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Luke C Brandenberg officer: President and CEO 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Michele J Everard director 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Zoran Durkovic officer: Chief Accounting Officer 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Ii, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Amanda N. Coussens director C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Grey Rock Energy Fund Ii-b, Lp 10 percent owner 2911 TURTLE CREEK BLVD, SUITE 1150, DALLAS TX 75219
Grey Rock Energy Partners Gp Ii, L.p. 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Holdco Iii-b Holdings, Llc 10 percent owner 5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205