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Granite Ridge Resources (Granite Ridge Resources) EPS without NRI : $0.64 (TTM As of Dec. 2023)


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What is Granite Ridge Resources EPS without NRI?

Granite Ridge Resources's earnings per share without non-recurring items for the three months ended in Dec. 2023 was $0.18. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2023 was $0.64.

During the past 12 months, Granite Ridge Resources's average earnings per share (NRI) Growth Rate was -69.80% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Granite Ridge Resources's EPS without NRI or its related term are showing as below:

During the past 5 years, Granite Ridge Resources's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 545.20% per year. The lowest was 545.20% per year. And the median was 545.20% per year.

GRNT's 3-Year EPS without NRI Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 20.6
* Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.

Granite Ridge Resources's EPS (Diluted) for the three months ended in Dec. 2023 was $0.13. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.61.

Granite Ridge Resources's EPS (Basic) for the three months ended in Dec. 2023 was $0.13. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.61.


Granite Ridge Resources EPS without NRI Historical Data

The historical data trend for Granite Ridge Resources's EPS without NRI 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 EPS without NRI Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EPS without NRI
0.01 -0.24 1.05 2.15 0.65

Granite Ridge Resources Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.17 0.12 0.18 0.18

Competitive Comparison of Granite Ridge Resources's EPS without NRI

For the Oil & Gas E&P subindustry, Granite Ridge Resources's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Ridge Resources's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Granite Ridge Resources's PE Ratio without NRI falls into.



Granite Ridge Resources EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.64

* 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) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Granite Ridge Resources EPS without NRI Related Terms

Thank you for viewing the detailed overview of Granite Ridge Resources's EPS without NRI provided by GuruFocus.com. Please click on the following links to see related term pages.


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