GRNT vs. CRK, BSM, CRC, KOS, AESI, CRGY, TALO, VET, VTLE, and KRP
Should you be buying Granite Ridge Resources stock or one of its competitors? The main competitors of Granite Ridge Resources include Comstock Resources (CRK), Black Stone Minerals (BSM), California Resources (CRC), Kosmos Energy (KOS), Atlas Energy Solutions (AESI), Crescent Energy (CRGY), Talos Energy (TALO), Vermilion Energy (VET), Vital Energy (VTLE), and Kimbell Royalty Partners (KRP). These companies are all part of the "crude petroleum & natural gas" industry.
Comstock Resources (NYSE:CRK) and Granite Ridge Resources (NYSE:GRNT) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, community ranking, valuation, institutional ownership, risk, profitability, dividends, analyst recommendations and media sentiment.
Comstock Resources received 445 more outperform votes than Granite Ridge Resources when rated by MarketBeat users. However, 80.00% of users gave Granite Ridge Resources an outperform vote while only 57.86% of users gave Comstock Resources an outperform vote.
Comstock Resources currently has a consensus price target of $10.25, suggesting a potential downside of 12.47%. Granite Ridge Resources has a consensus price target of $8.45, suggesting a potential upside of 29.01%. Given Comstock Resources' stronger consensus rating and higher probable upside, analysts plainly believe Granite Ridge Resources is more favorable than Comstock Resources.
Granite Ridge Resources has a net margin of 15.43% compared to Granite Ridge Resources' net margin of 4.27%. Comstock Resources' return on equity of 14.35% beat Granite Ridge Resources' return on equity.
36.1% of Comstock Resources shares are owned by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are owned by institutional investors. 1.5% of Comstock Resources shares are owned by company insiders. Comparatively, 1.9% of Granite Ridge Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Comstock Resources has higher revenue and earnings than Granite Ridge Resources. Granite Ridge Resources is trading at a lower price-to-earnings ratio than Comstock Resources, indicating that it is currently the more affordable of the two stocks.
Comstock Resources has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.2, meaning that its share price is 80% less volatile than the S&P 500.
In the previous week, Comstock Resources had 7 more articles in the media than Granite Ridge Resources. MarketBeat recorded 10 mentions for Comstock Resources and 3 mentions for Granite Ridge Resources. Granite Ridge Resources' average media sentiment score of 0.81 beat Comstock Resources' score of 0.52 indicating that Comstock Resources is being referred to more favorably in the media.
Comstock Resources pays an annual dividend of $0.50 per share and has a dividend yield of 4.3%. Granite Ridge Resources pays an annual dividend of $0.44 per share and has a dividend yield of 6.7%. Comstock Resources pays out 227.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Ridge Resources pays out 97.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Ridge Resources has raised its dividend for 1 consecutive years. Granite Ridge Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Granite Ridge Resources beats Comstock Resources on 13 of the 22 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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