Geopark Ltd (GPRK) vs Granite Ridge Resources, Inc. (GRNT)

Geopark Ltd and Granite Ridge Resources, Inc. are both Oil & Gas E&P companies. Geopark Ltd and Granite Ridge Resources, Inc. are of similar size ($616.0M and $592.5M). Granite Ridge Resources, Inc. has negative trailing earnings, so its P/E is not meaningful; Geopark Ltd trades at 6.1×. Granite Ridge Resources, Inc. grew revenue faster over the last twelve months: 24.2% against −9.51%. Geopark Ltd has the higher net margin (16.0% vs −9.31%) and the higher return on invested capital (14.0% vs 4.80%). Both pay a dividend; Granite Ridge Resources, Inc. yields more (9.42% vs 1.16%). Across the 20 metrics below, Granite Ridge Resources, Inc. leads on 11 and Geopark Ltd on 9.

Valuation

Metric GPRK GRNT Oil & Gas E&P median
P/E 6.15 n/m 9.67
P/S 1.15 1.09 1.76
P/B 1.60 1.13 1.19
Price to free cash flow 4.52 n/m 8.37
EV/EBITDA 3.40 3.29 4.59
EV/Sales 1.77 1.83 2.27
Earnings yield 16.27% (8.57%) 7.55%
Free cash flow yield 22.15% (14.89%) 3.98%

Profitability

Metric GPRK GRNT Oil & Gas E&P median
Gross margin 67.71% 100.00% 79.54%
Operating margin 29.94% 13.69% 24.01%
Net margin 16.00% (9.31%) 14.11%
Free cash flow margin 25.47% 47.50% 7.72%
Return on equity 28.57% (8.81%) 8.99%
Return on assets 6.88% (4.37%) 4.63%
Return on invested capital 13.99% 4.80% 6.33%

Growth

Metric GPRK GRNT Oil & Gas E&P median
Revenue growth (TTM) (9.51%) 24.18% 13.60%
EPS growth (last fiscal year) (48.37%) 28.57% (10.17%)
Revenue growth, 5-year CAGR 4.58% 38.90% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GPRK GRNT Oil & Gas E&P median
Debt to equity 1.74 0.85 0.29
Current ratio 1.17 0.90 0.92
Net debt to EBITDA 1.88 1.36 0.93

Dividend

Metric GPRK GRNT Oil & Gas E&P median
Dividend yield 1.16% 9.42% 3.76%
Payout ratio 0.07 — 0.33

Size

Metric GPRK GRNT Oil & Gas E&P median
Market cap 592.50m 615.98m 953.29m

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