Granite Ridge Resources (GRNT) Competitors

$6.58
+0.04 (+0.61%)
(As of 04:10 PM ET)

GRNT vs. SBOW, VTS, DEC, EGY, REPX, SOC, BRY, TXO, GPRK, and SD

Should you be buying Granite Ridge Resources stock or one of its competitors? The main competitors of Granite Ridge Resources include SilverBow Resources (SBOW), Vitesse Energy (VTS), Diversified Energy (DEC), VAALCO Energy (EGY), Riley Exploration Permian (REPX), Sable Offshore (SOC), Berry (BRY), TXO Partners (TXO), GeoPark (GPRK), and SandRidge Energy (SD). These companies are all part of the "crude petroleum & natural gas" industry.

Granite Ridge Resources vs.

SilverBow Resources (NYSE:SBOW) and Granite Ridge Resources (NYSE:GRNT) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, media sentiment, risk, valuation, institutional ownership, earnings, analyst recommendations, community ranking and profitability.

SilverBow Resources has a net margin of 24.41% compared to SilverBow Resources' net margin of 20.58%. Granite Ridge Resources' return on equity of 16.48% beat SilverBow Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
SilverBow Resources24.41% 16.48% 7.66%
Granite Ridge Resources 20.58%16.35%11.98%

In the previous week, SilverBow Resources had 18 more articles in the media than Granite Ridge Resources. MarketBeat recorded 20 mentions for SilverBow Resources and 2 mentions for Granite Ridge Resources. Granite Ridge Resources' average media sentiment score of 0.48 beat SilverBow Resources' score of 0.31 indicating that SilverBow Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SilverBow Resources
7 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral
Granite Ridge Resources
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

91.8% of SilverBow Resources shares are held by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are held by institutional investors. 4.0% of SilverBow Resources shares are held by insiders. Comparatively, 1.9% of Granite Ridge Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

SilverBow Resources currently has a consensus target price of $45.00, indicating a potential upside of 31.39%. Granite Ridge Resources has a consensus target price of $8.33, indicating a potential upside of 26.65%. Given Granite Ridge Resources' higher possible upside, analysts plainly believe SilverBow Resources is more favorable than Granite Ridge Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SilverBow Resources
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Granite Ridge Resources
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

SilverBow Resources received 251 more outperform votes than Granite Ridge Resources when rated by MarketBeat users. However, 66.67% of users gave Granite Ridge Resources an outperform vote while only 63.89% of users gave SilverBow Resources an outperform vote.

CompanyUnderperformOutperform
SilverBow ResourcesOutperform Votes
253
63.89%
Underperform Votes
143
36.11%
Granite Ridge ResourcesOutperform Votes
2
66.67%
Underperform Votes
1
33.33%

SilverBow Resources has a beta of 2.52, suggesting that its stock price is 152% more volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.2, suggesting that its stock price is 80% less volatile than the S&P 500.

SilverBow Resources has higher revenue and earnings than Granite Ridge Resources. SilverBow Resources is trading at a lower price-to-earnings ratio than Granite Ridge Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SilverBow Resources$769.08M1.14$297.72M$7.404.62
Granite Ridge Resources$394.07M2.18$81.10M$0.6110.80

Summary

SilverBow Resources beats Granite Ridge Resources on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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GRNT vs. The Competition

MetricGranite Ridge ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$859.67M$9.11B$8.13B$17.75B
Dividend Yield6.82%17.29%11.46%3.51%
P/E Ratio10.8017.0417.8524.91
Price / Sales2.184.6795.8610.85
Price / Cash3.196.8310.8715.59
Price / Book1.301.953.495.08
Net Income$81.10M$1.27B$994.26M$967.52M
7 Day Performance3.29%1.85%1.81%2.21%
1 Month Performance-0.45%-1.27%-2.21%-0.92%
1 Year Performance18.31%16.75%7.86%102.55%

Granite Ridge Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SBOW
SilverBow Resources
3.9534 of 5 stars
$34.32
+2.4%
$45.00
+31.1%
+51.1%$876.53M$652.36M4.64134Analyst Forecast
Analyst Revision
VTS
Vitesse Energy
2.6465 of 5 stars
$24.09
+6.7%
$28.50
+18.3%
+37.5%$709.45M$233.90M-31.7036Dividend Increase
News Coverage
DEC
Diversified Energy
0.0535 of 5 stars
$14.13
+2.0%
N/AN/A$681.35M$868.26M0.001,214Gap Down
EGY
VAALCO Energy
1.8076 of 5 stars
$6.31
-0.6%
N/A+42.2%$657.86M$455.07M11.26189Dividend Announcement
REPX
Riley Exploration Permian
4.3993 of 5 stars
$26.31
+2.3%
$48.00
+82.4%
-38.1%$642.23M$375.05M4.7290Analyst Forecast
News Coverage
Gap Up
SOC
Sable Offshore
3.1704 of 5 stars
$10.63
-1.5%
$20.00
+88.1%
N/A$639.61MN/A0.00106
BRY
Berry
2.3959 of 5 stars
$7.67
-3.8%
$8.00
+4.3%
+11.0%$590.13M$903.46M767.001,282
TXO
TXO Partners
4.0457 of 5 stars
$17.81
-1.5%
$26.00
+46.0%
-16.0%$555.96M$380.72M-5.36184Dividend Increase
Insider Selling
News Coverage
Gap Up
GPRK
GeoPark
4.2199 of 5 stars
$9.46
+0.3%
$13.17
+39.3%
-7.9%$523.15M$756.60M4.85476Upcoming Earnings
SD
SandRidge Energy
1.9302 of 5 stars
$13.82
-0.9%
N/A-3.2%$513.00M$148.64M8.43102Dividend Announcement
Positive News

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This page (NYSE:GRNT) was last updated on 5/9/2024 by MarketBeat.com Staff

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