Granite Ridge Resources, Inc. (GRNT) vs Vitesse Energy, Inc. (VTS)

Granite Ridge Resources, Inc. and Vitesse Energy, Inc. are both Oil & Gas E&P companies. Vitesse Energy, Inc. is the larger, with a market value of $717.9M against $598.8M — 1.2× the size. Granite Ridge Resources, Inc. grew revenue faster over the last twelve months: 14.6% against 8.52%. Vitesse Energy, Inc. has the higher net margin (−3.95% vs −5.56%) and the lower return on invested capital (1.59% vs 2.36%). Both pay a dividend; Vitesse Energy, Inc. yields more (9.90% vs 8.01%). Across the 21 metrics below, Vitesse Energy, Inc. leads on 11 and Granite Ridge Resources, Inc. on 10.

Valuation

Metric GRNT VTS Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.17 2.48 1.80
P/B 1.03 1.13 1.27
Price to free cash flow n/m 19.90 9.99
EV/EBITDA 3.80 5.56 5.08
EV/Sales 2.01 3.03 2.39
Earnings yield (4.73%) (1.85%) 6.06%
Free cash flow yield (17.37%) 5.02% 6.17%

Profitability

Metric GRNT VTS Oil & Gas E&P median
Gross margin 100.00% 97.81% 80.41%
Operating margin 7.47% 6.99% 21.39%
Net margin (5.56%) (3.95%) 14.17%
Free cash flow margin (20.35%) 12.44% 9.71%
Return on equity (4.58%) (1.74%) 10.05%
Return on assets (2.35%) (1.20%) 5.81%
Return on invested capital 2.36% 1.59% 6.32%

Growth

Metric GRNT VTS Oil & Gas E&P median
Revenue growth (TTM) 14.60% 8.52% 9.94%
EPS growth (last fiscal year) 28.57% 0.00% —
Revenue growth, 5-year CAGR 38.90% 8.15% 18.67%
Net income growth, 5-year CAGR 0.00% 6.89% 0.00%

Health

Metric GRNT VTS Oil & Gas E&P median
Debt to equity 0.82 0.25 0.28
Current ratio 1.02 1.06 0.96
Net debt to EBITDA 1.36 0.84 0.91

Dividend

Metric GRNT VTS Oil & Gas E&P median
Dividend yield 8.01% 9.90% 4.93%
Payout ratio 0.00 — 0.07

Size

Metric GRNT VTS Oil & Gas E&P median
Market cap 598.83m 717.88m 923.59m

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