GRNT vs. RIG, SSL, VAL, VRN, BSM, SOC, TALO, HPK, MNR, and XPRO
Should you be buying Granite Ridge Resources stock or one of its competitors? The main competitors of Granite Ridge Resources include Transocean (RIG), Sasol (SSL), Valaris (VAL), Veren (VRN), Black Stone Minerals (BSM), Sable Offshore (SOC), Talos Energy (TALO), HighPeak Energy (HPK), Mach Natural Resources (MNR), and Expro Group (XPRO). These companies are all part of the "petroleum and natural gas" industry.
Granite Ridge Resources vs.
Granite Ridge Resources (NYSE:GRNT) and Transocean (NYSE:RIG) are both oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, profitability, community ranking, earnings, analyst recommendations, media sentiment, institutional ownership, dividends and valuation.
Granite Ridge Resources pays an annual dividend of $0.44 per share and has a dividend yield of 6.9%. Transocean pays an annual dividend of $0.60 per share and has a dividend yield of 15.6%. Granite Ridge Resources pays out 122.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Transocean pays out -80.0% of its earnings in the form of a dividend. Transocean is clearly the better dividend stock, given its higher yield and lower payout ratio.
Granite Ridge Resources has higher earnings, but lower revenue than Transocean. Transocean 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.
31.6% of Granite Ridge Resources shares are owned by institutional investors. Comparatively, 67.7% of Transocean shares are owned by institutional investors. 1.9% of Granite Ridge Resources shares are owned by company insiders. Comparatively, 13.2% of Transocean shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Granite Ridge Resources currently has a consensus target price of $7.60, indicating a potential upside of 19.97%. Transocean has a consensus target price of $5.94, indicating a potential upside of 54.60%. Given Transocean's higher possible upside, analysts plainly believe Transocean is more favorable than Granite Ridge Resources.
Granite Ridge Resources has a beta of 0.23, suggesting that its share price is 77% less volatile than the S&P 500. Comparatively, Transocean has a beta of 2.73, suggesting that its share price is 173% more volatile than the S&P 500.
In the previous week, Transocean had 35 more articles in the media than Granite Ridge Resources. MarketBeat recorded 36 mentions for Transocean and 1 mentions for Granite Ridge Resources. Granite Ridge Resources' average media sentiment score of 1.52 beat Transocean's score of 0.10 indicating that Granite Ridge Resources is being referred to more favorably in the media.
Transocean received 917 more outperform votes than Granite Ridge Resources when rated by MarketBeat users. However, 57.14% of users gave Granite Ridge Resources an outperform vote while only 51.51% of users gave Transocean an outperform vote.
Granite Ridge Resources has a net margin of 12.59% compared to Transocean's net margin of -18.81%. Granite Ridge Resources' return on equity of 11.58% beat Transocean's return on equity.
Summary
Granite Ridge Resources beats Transocean on 11 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NYSE:GRNT) was last updated on 1/25/2025 by MarketBeat.com Staff
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