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.
Granite Ridge Resources (NYSE:GRNT) and Comstock Resources (NYSE:CRK) are both oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, institutional ownership, community ranking, valuation, risk, analyst recommendations, media sentiment, earnings and profitability.
31.6% of Granite Ridge Resources shares are owned by institutional investors. Comparatively, 36.1% of Comstock Resources shares are owned by institutional investors. 1.9% of Granite Ridge Resources shares are owned by insiders. Comparatively, 1.5% of Comstock Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
In the previous week, Comstock Resources had 6 more articles in the media than Granite Ridge Resources. MarketBeat recorded 9 mentions for Comstock Resources and 3 mentions for Granite Ridge Resources. Comstock Resources' average media sentiment score of 0.81 beat Granite Ridge Resources' score of 0.52 indicating that Comstock Resources is being referred to more favorably in the news media.
Granite Ridge Resources currently has a consensus target price of $8.45, suggesting a potential upside of 29.01%. Comstock Resources has a consensus target price of $10.25, suggesting a potential downside of 12.54%. Given Granite Ridge Resources' stronger consensus rating and higher probable upside, research analysts clearly believe Granite Ridge Resources is more favorable than Comstock Resources.
Granite Ridge Resources has a net margin of 15.43% compared to Comstock Resources' net margin of 4.27%. Granite Ridge Resources' return on equity of 14.35% beat Comstock Resources' return on equity.
Granite Ridge Resources has a beta of 0.2, meaning that its share price is 80% less volatile than the S&P 500. Comparatively, Comstock Resources has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500.
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 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.
Summary
Granite Ridge Resources beats Comstock Resources on 10 of the 19 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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