GRNT vs. SOC, SBOW, VTS, DEC, TXO, REPX, GPRK, BRY, TTI, and SD
Should you be buying Granite Ridge Resources stock or one of its competitors? The main competitors of Granite Ridge Resources include Sable Offshore (SOC), SilverBow Resources (SBOW), Vitesse Energy (VTS), Diversified Energy (DEC), TXO Partners (TXO), Riley Exploration Permian (REPX), GeoPark (GPRK), Berry (BRY), TETRA Technologies (TTI), and SandRidge Energy (SD). These companies are all part of the "crude petroleum & natural gas" industry.
Sable Offshore (NYSE:SOC) and Granite Ridge Resources (NYSE:GRNT) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, media sentiment, analyst recommendations, institutional ownership, community ranking, earnings and dividends.
Granite Ridge Resources received 3 more outperform votes than Sable Offshore when rated by MarketBeat users. However, 100.00% of users gave Sable Offshore an outperform vote while only 80.00% of users gave Granite Ridge Resources an outperform vote.
Sable Offshore presently has a consensus target price of $20.00, suggesting a potential upside of 34.41%. Granite Ridge Resources has a consensus target price of $8.45, suggesting a potential upside of 29.80%. Given Granite Ridge Resources' higher probable upside, research analysts plainly believe Sable Offshore is more favorable than Granite Ridge Resources.
26.2% of Sable Offshore shares are owned by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are owned by institutional investors. 14.3% of Sable Offshore shares are owned by insiders. Comparatively, 1.9% of Granite Ridge Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Sable Offshore has a beta of 0.06, indicating that its stock price is 94% less volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.2, indicating that its stock price is 80% less volatile than the S&P 500.
In the previous week, Sable Offshore had 3 more articles in the media than Granite Ridge Resources. MarketBeat recorded 8 mentions for Sable Offshore and 5 mentions for Granite Ridge Resources. Granite Ridge Resources' average media sentiment score of 1.29 beat Sable Offshore's score of 0.98 indicating that Sable Offshore is being referred to more favorably in the media.
Granite Ridge Resources has higher revenue and earnings than Sable Offshore.
Granite Ridge Resources has a net margin of 15.43% compared to Granite Ridge Resources' net margin of 0.00%. Sable Offshore's return on equity of 14.35% beat Granite Ridge Resources' return on equity.
Summary
Granite Ridge Resources beats Sable Offshore on 10 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GRNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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