Granite Ridge Resources
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Granite Ridge Resources generated cash of $302,867,000, which is less than the previous year. Cash used in financing activities reached the amount of $13,406,000 last year. Net change in cash is therefore -$40,403,000.
Cash Flow
| 2019 | 6.42M | 8.15M | -13.24M |
|---|---|---|---|
| 2020 | 66.80M | -116.74M | 52.07M |
| 2021 | 5.47M | 21.27M | -27.3M |
| 2022 | 346.38M | -230.56M | -76.84M |
| 2023 | 302.86M | -356.67M | 13.40M |
GRNT Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 51.13M | 12.15M | 1.28M | 6.37M | 751.02K |
Operating activities | |||||
Net income | 81.09M | 262.34M | 3.76M | -23.93M | 3.63M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 160.66M | 159 | 94.66M | 79.94M | 0 |
Stock-based compensation expense | 2.16M | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 2.16M | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | -24.98M | 17.77K | 5.53M | 156.74K |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 302.86M | 346.38M | 5.47M | 66.80M | 6.42M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | -414M | 0 |
Investments In Property Plant And Equipment | -359.2M | -234.68M | -219.28M | -117.39M | -3.96M |
Acquisitions Net | 0 | -1.89M | 29.44M | 0 | 0 |
Cash generated by investing activities | -356.67M | -230.56M | 21.27M | -116.74M | 8.15M |
Financing activities | |||||
Common Stock Issued | 5K | 6.82M | 0 | 415.62M | 0 |
Payments for dividends | -58.58M | -10.66M | -22M | 0 | -7.24M |
Repurchases of common stock | -35.35M | -216K | 0 | -402.74M | 0 |
Repayments of term debt | 107.38M | -54.33M | -5.3M | -54.5M | -6M |
Cash used in financing activities | 13.40M | -76.84M | -27.3M | 52.07M | -13.24M |
Net Change In Cash | -40.40M | 38.97M | -546.66K | 2.13M | 1.33M |
Cash at end of period | 10.73M | 51.13M | 740.35K | 8.50M | 2.09M |
| Data source | Data source |