How does GRNT's earnings growth compare to peers?
4/8/2025 04:37pm
GRNT's earnings growth is significantly negative compared to its peers. The company reported a net income of -$11.62 million for the quarter ending December 31, 2024, which represents a decline of 166.26% from the same period last year. In contrast, all of GRNT's peers except for TTE reported positive net income growth:
|code|Ticker|Name|Date|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|
|GRNT|GRNT.N|Granite Ridge|20240331|-57.14285714285715|169|
|COP|COP.N|Conocophillips|20240331|-9.663865546218489|169|
|TTE|TTE.N|TotalEnergies|20240331|8.597285067873301|169|
|CVX|CVX.N|Chevron|20240331|-14.161849710982652|169|
|SHEL|SHEL.N|Shell|20240331|-9.600000000000009|169|
|XOM|XOM.N|Exxon Mobil|20240331|-26.164874551971323|169|
|GRNT|GRNT.N|Granite Ridge|20240630|-42.85714285714286|169|
|COP|COP.N|Conocophillips|20240630|7.608695652173908|169|
|TTE|TTE.N|TotalEnergies|20240630|-2.4390243902438913|169|
|CVX|CVX.N|Chevron|20240630|-24.0625|169|
Shell's earnings grew by 94.22%, Chevron's by 45.3%, Exxon Mobil's by -0.71% (a decline), TotalEnergies' by -20.21% (a decline), and Conocophillips by -23.31% (a decline). It is clear that GRNT's earnings performance is significantly worse than that of its peers, indicating potential challenges or strategic issues specific to the company.