Granite Ridge Resources, Inc. (GRNT) vs Ring Energy, Inc. (REI)

Granite Ridge Resources, Inc. and Ring Energy, Inc. are both Oil & Gas E&P companies. Granite Ridge Resources, Inc. is the larger, with a market value of $598.8M against $351.7M — 1.7× the size. Granite Ridge Resources, Inc. grew revenue faster over the last twelve months: 14.6% against −3.15%. Granite Ridge Resources, Inc. has the higher net margin (−5.56% vs −68.0%) and the higher return on invested capital (2.36% vs −9.64%). Across the 18 metrics below, Granite Ridge Resources, Inc. leads on 13 and Ring Energy, Inc. on 5.

Valuation

Metric GRNT REI Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.17 0.98 1.80
P/B 1.03 0.42 1.27
Price to free cash flow n/m 10.12 9.99
EV/EBITDA 3.80 n/m 5.08
EV/Sales 2.01 2.09 2.39
Earnings yield (4.73%) (80.15%) 6.06%
Free cash flow yield (17.37%) 9.88% 6.17%

Profitability

Metric GRNT REI Oil & Gas E&P median
Gross margin 100.00% 71.76% 80.41%
Operating margin 7.47% (53.03%) 21.39%
Net margin (5.56%) (68.02%) 14.17%
Free cash flow margin (20.35%) 9.71% 9.71%
Return on equity (4.58%) (26.68%) 10.05%
Return on assets (2.35%) (15.75%) 5.81%
Return on invested capital 2.36% (9.64%) 6.32%

Growth

Metric GRNT REI Oil & Gas E&P median
Revenue growth (TTM) 14.60% (3.15%) 9.94%
EPS growth (last fiscal year) 28.57% (150.00%) —
Revenue growth, 5-year CAGR 38.90% 22.14% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GRNT REI Oil & Gas E&P median
Debt to equity 0.82 0.48 0.28
Current ratio 1.02 0.54 0.96
Net debt to EBITDA 1.36 6.31 0.91

Dividend

Metric GRNT REI Oil & Gas E&P median
Dividend yield 8.01% — 4.93%
Payout ratio 0.00 0.00 0.07

Size

Metric GRNT REI Oil & Gas E&P median
Market cap 598.83m 351.73m 923.59m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack