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Granite Ridge Resources (GRNT) Competitors

Granite Ridge Resources logo
$6.40 -0.23 (-3.47%)
(As of 11/15/2024 ET)

GRNT vs. BSM, VRN, LBRT, CRGY, TALO, HPK, CLMT, WTTR, XPRO, and KRP

Should you be buying Granite Ridge Resources stock or one of its competitors? The main competitors of Granite Ridge Resources include Black Stone Minerals (BSM), Veren (VRN), Liberty Energy (LBRT), Crescent Energy (CRGY), Talos Energy (TALO), HighPeak Energy (HPK), Calumet Specialty Products Partners (CLMT), Select Water Solutions (WTTR), Expro Group (XPRO), and Kimbell Royalty Partners (KRP). These companies are all part of the "petroleum and natural gas" industry.

Granite Ridge Resources vs.

Black Stone Minerals (NYSE:BSM) and Granite Ridge Resources (NYSE:GRNT) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their community ranking, earnings, analyst recommendations, valuation, risk, media sentiment, dividends, institutional ownership and profitability.

Black Stone Minerals pays an annual dividend of $1.50 per share and has a dividend yield of 9.9%. Granite Ridge Resources pays an annual dividend of $0.44 per share and has a dividend yield of 6.9%. Black Stone Minerals pays out 92.6% 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 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. Black Stone Minerals is clearly the better dividend stock, given its higher yield and lower payout ratio.

14.5% of Black Stone Minerals shares are owned by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are owned by institutional investors. 18.6% of Black Stone Minerals 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Black Stone Minerals has a net margin of 67.54% compared to Granite Ridge Resources' net margin of 12.59%. Black Stone Minerals' return on equity of 41.49% beat Granite Ridge Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Black Stone Minerals67.54% 41.49% 29.65%
Granite Ridge Resources 12.59%11.58%7.89%

Black Stone Minerals presently has a consensus price target of $17.50, suggesting a potential upside of 14.98%. Granite Ridge Resources has a consensus price target of $7.60, suggesting a potential upside of 18.75%. Given Granite Ridge Resources' stronger consensus rating and higher probable upside, analysts plainly believe Granite Ridge Resources is more favorable than Black Stone Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Black Stone Minerals
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Granite Ridge Resources
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Black Stone Minerals has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.19, meaning that its share price is 81% less volatile than the S&P 500.

Black Stone Minerals received 293 more outperform votes than Granite Ridge Resources when rated by MarketBeat users. Likewise, 60.12% of users gave Black Stone Minerals an outperform vote while only 57.14% of users gave Granite Ridge Resources an outperform vote.

CompanyUnderperformOutperform
Black Stone MineralsOutperform Votes
297
60.12%
Underperform Votes
197
39.88%
Granite Ridge ResourcesOutperform Votes
4
57.14%
Underperform Votes
3
42.86%

Black Stone Minerals has higher revenue and earnings than Granite Ridge Resources. Black Stone Minerals 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
Black Stone Minerals$592.22M5.41$422.55M$1.629.40
Granite Ridge Resources$394.07M2.12$81.10M$0.3617.78

In the previous week, Granite Ridge Resources had 1 more articles in the media than Black Stone Minerals. MarketBeat recorded 5 mentions for Granite Ridge Resources and 4 mentions for Black Stone Minerals. Granite Ridge Resources' average media sentiment score of 1.10 beat Black Stone Minerals' score of 0.97 indicating that Granite Ridge Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Black Stone Minerals
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Granite Ridge Resources
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Black Stone Minerals beats Granite Ridge Resources on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$836.76M$8.01B$8.88B$19.83B
Dividend Yield6.88%23.75%11.66%3.51%
P/E Ratio17.7810.6411.0935.39
Price / Sales2.1211.2078.1317.75
Price / Cash3.166.999.9421.33
Price / Book1.271.683.374.64
Net Income$81.10M$1.19B$957.26M$982.94M
7 Day Performance-1.69%-0.40%4.68%-2.12%
1 Month Performance4.58%7.71%0.76%-0.39%
1 Year Performance2.89%-2.51%427.54%23.34%

Granite Ridge Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRNT
Granite Ridge Resources
2.0838 of 5 stars
$6.40
-3.5%
$7.60
+18.8%
+4.2%$836.76M$394.07M17.781News Coverage
Positive News
BSM
Black Stone Minerals
3.6237 of 5 stars
$15.05
+0.5%
N/A-12.1%$3.39B$471.51M9.29110Analyst Upgrade
VRN
Veren
4.2092 of 5 stars
$5.16
-1.0%
N/AN/A$3.18B$4.30B3.69777Positive News
LBRT
Liberty Energy
4.1031 of 5 stars
$17.98
-0.5%
N/A-11.0%$2.94B$4.75B8.565,500News Coverage
Positive News
CRGY
Crescent Energy
4.3724 of 5 stars
$13.90
-0.9%
N/A+25.0%$2.47B$2.71B22.42700Short Interest ↓
TALO
Talos Energy
4.6153 of 5 stars
$11.97
+1.7%
N/A-21.0%$2.16B$1.46B399.00440Earnings Report
Analyst Forecast
News Coverage
HPK
HighPeak Energy
2.0472 of 5 stars
$14.07
+0.6%
N/A-10.4%$1.80B$1.14B11.0830Analyst Forecast
Short Interest ↑
CLMT
Calumet Specialty Products Partners
1.3144 of 5 stars
$20.33
-8.6%
N/A+45.4%$1.75B$4.18B-7.371,580Earnings Report
Insider Selling
Analyst Revision
News Coverage
High Trading Volume
WTTR
Select Water Solutions
4.0922 of 5 stars
$13.90
+1.8%
N/A+85.2%$1.65B$1.59B23.554,200Short Interest ↓
XPRO
Expro Group
3.4081 of 5 stars
$13.82
-2.2%
N/A-15.7%$1.62B$1.68B98.728,000Positive News
KRP
Kimbell Royalty Partners
4.1757 of 5 stars
$16.37
-1.4%
N/A+1.7%$1.56B$294.07M32.1030

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This page (NYSE:GRNT) was last updated on 11/17/2024 by MarketBeat.com Staff
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