Page 35 - Noble's Basic Industries Virtual Equity Conference 2024

Granite Ridge Resources, Inc.

SELECTED FINANCIAL ITEMS GRNT

(in millions of USD)
CQ3 '23 CQ4 '23 CQ1 '24 CQ2 '24 LTM
Income Statement Key Items
Total Revenue 101.30 99.80 84.70 85.25 371.05
Gross Profit 83.68 83.49 67.77 70.10 305.04
Gross Margin 83% 84% 80% 82% 82%
EBIT 26.03 48.79 17.17 21.10 113.10
EBIT Margin 26% 49% 20% 25% 30%
Net Income to Common Shareholders 17.96 17.54 16.23 5.10 56.82
Net Margin 18% 18% 19% 6% 15%

Balance Sheet Key Items
Total Assets 920.61 927.10 966.68 990.49 990.49
Cash & Short Term Investments 6.12 10.43 20.78 13.54 13.54
% of Assets 1% 1% 2% 1% 1%
Current Assets -Total 102.46 151.55 168.86 150.60 150.60
% of Assets 11% 16% 17% 15% 15%
Total Liabilities 270.43 255.46 292.66 325.17 325.17
% of Assets 29% 28% 30% 33% 33%
Current Liabilities - Total 69.83 62.08 66.11 67.34 67.34
% of Assets 8% 7% 7% 7% 7%
Long Term Debt 85.00 110.00 137.50 165.00 165.00
% of Assets 9% 12% 14% 17% 17%
Total Equity 650.18 671.65 674.02 665.32 665.32
% of Assets 71% 72% 70% 67% 67%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities 57.03 90.18 68.66 64.19 280.05
Net Cash Flow - Investing (74.70) (70.17) (71.01) (81.57) (297.45)
Net Cash Flow - Financing 9.29 (15.69) 12.70 10.15 16.45

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference