Granite Ridge Resources (GRNT) Competitors

$6.34
-0.24 (-3.65%)
(As of 05/10/2024 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.

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

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

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

SilverBow Resources has a net margin of 24.41% compared to Granite Ridge Resources' net margin of 15.43%. SilverBow Resources' return on equity of 16.48% beat Granite Ridge Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Ridge Resources15.43% 14.44% 10.47%
SilverBow Resources 24.41%16.48%7.66%

Granite Ridge Resources currently has a consensus target price of $8.33, indicating a potential upside of 31.44%. SilverBow Resources has a consensus target price of $45.00, indicating a potential upside of 37.57%. 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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
SilverBow Resources
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

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$394.07M2.10$81.10M$0.4514.09
SilverBow Resources$652.36M1.28$297.72M$7.404.42

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

In the previous week, SilverBow Resources had 14 more articles in the media than Granite Ridge Resources. MarketBeat recorded 20 mentions for SilverBow Resources and 6 mentions for Granite Ridge Resources. SilverBow Resources' average media sentiment score of 0.37 beat Granite Ridge Resources' score of -0.41 indicating that SilverBow Resources is being referred to more favorably in the news media.

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

Summary

SilverBow Resources beats Granite Ridge Resources on 13 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$827.05M$9.00B$8.26B$17.83B
Dividend Yield6.69%17.13%11.47%3.46%
P/E Ratio14.0917.1014.3522.38
Price / Sales2.104.2750.1710.30
Price / Cash3.256.8911.2418.08
Price / Book1.261.923.466.05
Net Income$81.10M$1.26B$991.69M$967.12M
7 Day Performance-1.71%0.03%0.18%1.48%
1 Month Performance-7.17%-2.87%-2.04%0.92%
1 Year Performance19.62%15.07%8.01%122.16%

Granite Ridge Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SBOW
SilverBow Resources
3.8915 of 5 stars
$34.32
+2.4%
$45.00
+31.1%
+42.4%$876.53M$652.36M4.64134Analyst Forecast
Short Interest ↓
News Coverage
VTS
Vitesse Energy
2.6636 of 5 stars
$24.09
+6.7%
$28.50
+18.3%
+33.4%$709.45M$233.90M-31.7036Dividend Increase
DEC
Diversified Energy
0.3144 of 5 stars
$14.13
+2.0%
N/AN/A$681.35M$868.26M0.001,214Dividend Announcement
EGY
VAALCO Energy
2.8624 of 5 stars
$6.31
-0.6%
N/A+61.3%$657.86M$455.07M11.26189Dividend Announcement
Short Interest ↓
Positive News
REPX
Riley Exploration Permian
4.3409 of 5 stars
$26.31
+2.3%
$48.00
+82.4%
-21.5%$642.23M$375.05M4.7290
SOC
Sable Offshore
3.004 of 5 stars
$10.63
-1.5%
$20.00
+88.1%
N/A$639.61MN/A0.00106Gap Up
BRY
Berry
2.3696 of 5 stars
$7.67
-3.8%
$8.00
+4.3%
+9.2%$590.13M$903.46M767.001,282Positive News
TXO
TXO Partners
4.0546 of 5 stars
$17.81
-1.5%
$26.00
+46.0%
-6.0%$555.96M$380.72M-5.36184Dividend Increase
Analyst Revision
News Coverage
GPRK
GeoPark
4.2699 of 5 stars
$9.46
+0.3%
$13.17
+39.3%
-9.0%$523.15M$756.60M4.85476Upcoming Earnings
Short Interest ↓
News Coverage
SD
SandRidge Energy
2.4126 of 5 stars
$13.82
-0.9%
N/A-4.4%$513.00M$148.64M8.43102News Coverage
Positive News

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This page (NYSE:GRNT) was last updated on 5/11/2024 by MarketBeat.com Staff

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