Granite Ridge Resources (GRNT) Competitors

$6.46
0.00 (0.00%)
(As of 05/17/2024 ET)

GRNT vs. SBOW, VTS, SOC, DEC, EGY, TXO, REPX, BRY, TTI, and GPRK

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), Sable Offshore (SOC), Diversified Energy (DEC), VAALCO Energy (EGY), TXO Partners (TXO), Riley Exploration Permian (REPX), Berry (BRY), TETRA Technologies (TTI), and GeoPark (GPRK). 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 compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, media sentiment, risk, profitability, dividends, community ranking and earnings.

In the previous week, Granite Ridge Resources and Granite Ridge Resources both had 27 articles in the media. Granite Ridge Resources' average media sentiment score of 0.64 beat SilverBow Resources' score of 0.54 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
5 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SilverBow Resources
9 Very Positive mention(s)
7 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

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% 14.35% 10.30%
SilverBow Resources 24.41%16.48%7.66%

Granite Ridge Resources currently has a consensus price target of $8.45, indicating a potential upside of 30.80%. SilverBow Resources has a consensus price target of $45.33, indicating a potential upside of 20.95%. Given Granite Ridge Resources' stronger consensus rating and higher probable upside, equities research analysts clearly believe Granite Ridge Resources is more favorable than SilverBow Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Granite Ridge Resources
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
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$394.07M2.14$81.10M$0.4514.36
SilverBow Resources$769.08M1.24$297.72M$7.405.06

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 received 250 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 63.98% of users gave SilverBow Resources an outperform vote.

CompanyUnderperformOutperform
Granite Ridge ResourcesOutperform Votes
4
80.00%
Underperform Votes
1
20.00%
SilverBow ResourcesOutperform Votes
254
63.98%
Underperform Votes
143
36.02%

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

Summary

SilverBow Resources beats Granite Ridge Resources on 10 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$844.61M$9.21B$8.66B$18.10B
Dividend Yield6.81%17.13%11.68%3.44%
P/E Ratio14.3615.2011.5223.99
Price / Sales2.144.5432.5310.66
Price / Cash3.196.9411.8719.24
Price / Book1.252.022.966.00
Net Income$81.10M$1.26B$994.91M$966.17M
7 Day Performance1.89%3.08%1.83%1.85%
1 Month Performance-5.56%-0.14%3.13%6.59%
1 Year Performance21.66%12.99%7.35%23.69%

Granite Ridge Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SBOW
SilverBow Resources
3.1875 of 5 stars
$32.55
+0.4%
$45.33
+39.3%
+51.1%$831.26M$769.08M4.40134News Coverage
VTS
Vitesse Energy
2.7701 of 5 stars
$23.98
+1.4%
$28.50
+18.8%
+21.0%$706.21M$233.90M28.5536News Coverage
Positive News
SOC
Sable Offshore
2.8484 of 5 stars
$11.70
+6.2%
$20.00
+70.9%
N/A$703.94MN/A0.00106News Coverage
DEC
Diversified Energy
0.3213 of 5 stars
$14.02
+2.6%
N/AN/A$676.04M$868.26M0.001,214Dividend Announcement
EGY
VAALCO Energy
0 of 5 stars
$6.21
+2.8%
N/A+56.5%$641.97M$455.07M10.34189Positive News
TXO
TXO Partners
3.5227 of 5 stars
$20.65
-0.4%
$26.00
+25.9%
-3.0%$638.91M$380.72M-3.53184News Coverage
Gap Down
REPX
Riley Exploration Permian
4.6393 of 5 stars
$26.05
-1.9%
$48.00
+84.3%
-26.8%$561.12M$375.05M5.2990Positive News
BRY
Berry
2.8397 of 5 stars
$7.24
-1.8%
$8.00
+10.5%
+6.2%$557.05M$903.46M724.001,282Ex-Dividend
Analyst Revision
News Coverage
TTI
TETRA Technologies
3.4243 of 5 stars
$4.17
+4.0%
$7.00
+67.9%
+51.4%$546.85M$626.26M26.061,500
GPRK
GeoPark
4.368 of 5 stars
$9.79
+1.9%
$13.17
+34.6%
-2.8%$541.40M$756.60M5.02476Dividend Increase
Short Interest ↓
News Coverage

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This page (NYSE:GRNT) was last updated on 5/19/2024 by MarketBeat.com Staff

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