Free Trial

Granite Ridge Resources (GRNT) Competitors

Granite Ridge Resources logo
$5.65 -0.32 (-5.36%)
(As of 05:27 PM ET)

GRNT vs. LBRT, BSM, VRN, SOC, HPK, TALO, CLMT, WTTR, DMLP, and KRP

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

Granite Ridge Resources vs.

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

Granite Ridge Resources currently has a consensus price target of $7.60, indicating a potential upside of 27.30%. Liberty Energy has a consensus price target of $22.50, indicating a potential upside of 19.68%. Given Granite Ridge Resources' higher possible upside, research analysts plainly believe Granite Ridge Resources is more favorable than Liberty Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Ridge Resources
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
Liberty Energy
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
2.75

Granite Ridge Resources has a net margin of 12.59% compared to Liberty Energy's net margin of 8.02%. Liberty Energy's return on equity of 18.50% beat Granite Ridge Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Granite Ridge Resources12.59% 11.58% 7.89%
Liberty Energy 8.02%18.50%11.17%

Liberty Energy received 345 more outperform votes than Granite Ridge Resources when rated by MarketBeat users. Likewise, 62.54% of users gave Liberty Energy an outperform vote while only 57.14% of users gave Granite Ridge Resources an outperform vote.

CompanyUnderperformOutperform
Granite Ridge ResourcesOutperform Votes
4
57.14%
Underperform Votes
3
42.86%
Liberty EnergyOutperform Votes
349
62.54%
Underperform Votes
209
37.46%

Granite Ridge Resources pays an annual dividend of $0.44 per share and has a dividend yield of 7.4%. Liberty Energy pays an annual dividend of $0.32 per share and has a dividend yield of 1.7%. 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. Liberty Energy pays out 15.2% of its earnings in the form of a dividend.

Granite Ridge Resources has a beta of 0.23, meaning that its stock price is 77% less volatile than the S&P 500. Comparatively, Liberty Energy has a beta of 1.71, meaning that its stock price is 71% more volatile than the S&P 500.

31.6% of Granite Ridge Resources shares are held by institutional investors. Comparatively, 98.2% of Liberty Energy shares are held by institutional investors. 1.9% of Granite Ridge Resources shares are held by company insiders. Comparatively, 3.6% of Liberty Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Liberty Energy has higher revenue and earnings than Granite Ridge Resources. Liberty Energy 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$380.52M2.05$81.10M$0.3616.58
Liberty Energy$4.45B0.69$556.32M$2.108.95

In the previous week, Liberty Energy had 14 more articles in the media than Granite Ridge Resources. MarketBeat recorded 21 mentions for Liberty Energy and 7 mentions for Granite Ridge Resources. Granite Ridge Resources' average media sentiment score of 0.92 beat Liberty Energy's score of 0.62 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
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Liberty Energy
8 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Liberty Energy beats Granite Ridge Resources on 14 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.
Skip Chart

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.
Skip Chart

GRNT vs. The Competition

MetricGranite Ridge ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$780.54M$7.83B$7.91B$19.70B
Dividend Yield7.17%23.38%11.37%3.51%
P/E Ratio16.5811.2317.0643.81
Price / Sales2.057.06109.7117.72
Price / Cash3.036.8912.4121.73
Price / Book1.181.743.645.46
Net Income$81.10M$1.18B$932.30M$987.88M
7 Day Performance-2.77%-4.34%-1.98%-2.19%
1 Month Performance-9.55%-6.09%-1.73%0.78%
1 Year Performance-2.61%-3.57%4.79%16.53%

Granite Ridge Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GRNT
Granite Ridge Resources
3.8267 of 5 stars
$5.65
-5.4%
$7.60
+34.5%
-3.2%$738.70M$380.52M15.691
LBRT
Liberty Energy
3.8598 of 5 stars
$18.96
-0.1%
$22.50
+18.7%
+1.5%$3.10B$4.45B9.095,500
BSM
Black Stone Minerals
2.8102 of 5 stars
$14.21
-2.3%
$17.00
+19.6%
-13.1%$2.99B$471.51M8.79110Analyst Upgrade
News Coverage
High Trading Volume
VRN
Veren
4.0226 of 5 stars
$4.68
-3.7%
$12.67
+170.7%
N/A$2.88B$4.30B3.47777
SOC
Sable Offshore
3.2621 of 5 stars
$21.90
+4.9%
$25.00
+14.2%
N/A$1.95BN/A0.002Analyst Forecast
News Coverage
HPK
HighPeak Energy
2.209 of 5 stars
$14.37
+0.3%
$14.00
-2.6%
+1.4%$1.82B$1.11B11.2830
TALO
Talos Energy
4.5379 of 5 stars
$9.88
-0.8%
$16.28
+64.8%
-30.2%$1.78B$1.46B18.31440Analyst Forecast
News Coverage
Positive News
CLMT
Calumet Specialty Products Partners
0.9174 of 5 stars
$20.66
-3.4%
$23.75
+15.0%
+27.3%$1.77B$4.18B-7.751,580
WTTR
Select Water Solutions
3.9285 of 5 stars
$13.59
-1.2%
$13.75
+1.2%
+82.2%$1.62B$1.59B23.324,200Positive News
DMLP
Dorchester Minerals
1.7901 of 5 stars
$32.96
+0.4%
N/A+4.9%$1.56B$172.23M11.8127
KRP
Kimbell Royalty Partners
3.8409 of 5 stars
$15.83
-0.5%
$20.40
+28.9%
+2.3%$1.51B$294.07M31.2630

Related Companies and Tools


This page (NYSE:GRNT) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners