Head to Head Survey: Carbon Energy (OTCMKTS:CRBO) and Granite Ridge Resources (NYSE:GRNT)

Granite Ridge Resources (NYSE:GRNT) and Carbon Energy (OTCMKTS:CRBO) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, valuation, analyst recommendations, risk, institutional ownership and dividends.

Analyst Ratings

This is a summary of recent ratings and price targets for Granite Ridge Resources and Carbon Energy, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Granite Ridge Resources	0	3	2	1	2.67
Carbon Energy	0	0	0	0	0.00

Granite Ridge Resources currently has a consensus target price of $7.70, indicating a potential upside of 33.13%. Given Granite Ridge Resources’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Granite Ridge Resources is more favorable than Carbon Energy.

Insider and Institutional Ownership

31.6% of Granite Ridge Resources shares are owned by institutional investors. 1.9% of Granite Ridge Resources shares are owned by company insiders. Comparatively, 7.1% of Carbon Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Granite Ridge Resources and Carbon Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Granite Ridge Resources	12.59%	11.58%	7.89%
Carbon Energy	N/A	N/A	N/A

Volatility & Risk

Granite Ridge Resources has a beta of 0.23, meaning that its share price is 77% less volatile than the S&P 500. Comparatively, Carbon Energy has a beta of -1.65, meaning that its share price is 265% less volatile than the S&P 500.

Earnings & Valuation

This table compares Granite Ridge Resources and Carbon Energy”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Ridge Resources	$380.03 million	1.99	$81.10 million	$0.14	41.31
Carbon Energy	N/A	N/A	N/A	N/A	N/A

Granite Ridge Resources has higher revenue and earnings than Carbon Energy.

Summary

Granite Ridge Resources beats Carbon Energy on 10 of the 11 factors compared between the two stocks.

About Granite Ridge Resources

Granite Ridge Resources, Inc. operates as a non-operated oil and gas exploration and production company. It owns a portfolio of wells and acreage across the Permian and other unconventional basins in the United States. Granite Ridge Resources, Inc. is based in Dallas, Texas.

About Carbon Energy

Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. It focuses on conventional and unconventional reservoirs, including shale, tight sand, and coalbed methane located in the Appalachian, Illinois, and Ventura Basins. It owns working interests and royalty interests in wells located in California, Illinois, Indiana, Kentucky, Ohio, Tennessee, Virginia, and West Virginia, as well as had leasehold positions. The company was formerly known as Carbon Natural Gas Company and changed its name to Carbon Energy Corporation in June 2018. Carbon Energy Corporation was founded in 2007 and is based in Denver, Colorado.