Granite Ridge Resources (GRNT) Competitors

$6.71
-0.02 (-0.30%)
(As of 04/23/2024 ET)

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

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), Sable Offshore (SOC), Diversified Energy (DEC), Berry (BRY), Riley Exploration Permian (REPX), TETRA Technologies (TTI), TXO Partners (TXO), SandRidge Energy (SD), and GeoPark (GPRK). These companies are all part of the "crude petroleum & natural gas" industry.

Granite Ridge Resources vs.

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

SilverBow Resources received 249 more outperform votes than Granite Ridge Resources when rated by MarketBeat users. However, 100.00% of users gave Granite Ridge Resources an outperform vote while only 63.71% of users gave SilverBow Resources an outperform vote.

CompanyUnderperformOutperform
Granite Ridge ResourcesOutperform Votes
2
100.00%
Underperform Votes
No Votes
SilverBow ResourcesOutperform Votes
251
63.71%
Underperform Votes
143
36.29%

In the previous week, SilverBow Resources had 4 more articles in the media than Granite Ridge Resources. MarketBeat recorded 5 mentions for SilverBow Resources and 1 mentions for Granite Ridge Resources. Granite Ridge Resources' average media sentiment score of 0.61 beat SilverBow Resources' score of 0.20 indicating that Granite Ridge Resources is being referred to more favorably in the media.

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

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
Granite Ridge Resources$394.07M2.24$81.10M$0.6111.10
SilverBow Resources$652.36M1.19$297.72M$12.182.51

31.6% of Granite Ridge Resources shares are held by institutional investors. Comparatively, 91.8% of SilverBow Resources shares are held by institutional investors. 1.4% of Granite Ridge Resources shares are held by insiders. Comparatively, 4.0% of SilverBow Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Granite Ridge Resources presently has a consensus price target of $8.50, indicating a potential upside of 25.55%. SilverBow Resources has a consensus price target of $44.50, indicating a potential upside of 45.57%. Given SilverBow Resources' higher possible upside, analysts clearly believe SilverBow Resources is more favorable than Granite Ridge Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Ridge Resources
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
SilverBow Resources
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

SilverBow Resources has a net margin of 45.64% compared to Granite Ridge Resources' net margin of 20.58%. Granite Ridge Resources' return on equity of 16.35% beat SilverBow Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Ridge Resources20.58% 16.35% 11.98%
SilverBow Resources 45.64%14.50%6.97%

Granite Ridge Resources has a beta of 0.21, suggesting that its share price is 79% less volatile than the S&P 500. Comparatively, SilverBow Resources has a beta of 2.46, suggesting that its share price is 146% more volatile than the S&P 500.

Summary

SilverBow Resources beats Granite Ridge Resources on 11 of the 18 factors compared between the two stocks.

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$883.15M$9.15B$7.92B$17.49B
Dividend Yield6.43%17.17%11.46%3.58%
P/E Ratio11.107.6817.2622.26
Price / Sales2.244.9552.0210.28
Price / Cash3.386.7711.2014.95
Price / Book1.341.973.445.04
Net Income$81.10M$1.24B$981.98M$963.22M
7 Day Performance1.58%0.26%0.68%2.18%
1 Month Performance6.78%5.58%2.66%-1.71%
1 Year Performance23.77%14.25%5.01%96.08%

Granite Ridge Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SBOW
SilverBow Resources
3.2246 of 5 stars
$31.83
-1.6%
$44.50
+39.8%
+31.0%$812.30M$652.36M2.61134High Trading Volume
VTS
Vitesse Energy
2.6895 of 5 stars
$23.15
-2.9%
$28.50
+23.1%
+22.4%$681.77M$233.90M-30.4636News Coverage
Positive News
SOC
Sable Offshore
1.6694 of 5 stars
$10.91
+0.4%
$20.00
+83.3%
N/A$656.46MN/A0.00106News Coverage
High Trading Volume
DEC
Diversified Energy
0.0207 of 5 stars
$13.31
-2.3%
N/AN/A$641.81M$868.26M0.001,582Positive News
BRY
Berry
3.166 of 5 stars
$8.33
+0.5%
$8.00
-4.0%
+10.9%$640.91M$903.46M18.111,282Positive News
REPX
Riley Exploration Permian
4.246 of 5 stars
$28.62
-0.2%
$50.00
+74.7%
-39.7%$583.85M$375.05M5.1390
TTI
TETRA Technologies
3.6368 of 5 stars
$4.43
-0.7%
$7.00
+58.0%
+46.8%$580.95M$626.26M22.151,500News Coverage
TXO
TXO Partners
3.006 of 5 stars
$18.35
+2.1%
$26.00
+41.7%
-16.8%$564.26M$380.72M-5.53184
SD
SandRidge Energy
0 of 5 stars
$14.50
-1.5%
N/A+3.7%$537.76M$148.64M8.84102Positive News
GPRK
GeoPark
4.424 of 5 stars
$9.70
+0.8%
$13.17
+35.8%
-13.5%$536.42M$756.60M4.97476News Coverage

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This page (NYSE:GRNT) was last updated on 4/23/2024 by MarketBeat.com Staff

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