Granite Ridge Resources, Inc. (GRNT) vs W&T Offshore, Inc. (WTI)

Granite Ridge Resources, Inc. and W&T Offshore, Inc. are both Oil & Gas E&P companies. Granite Ridge Resources, Inc. and W&T Offshore, Inc. are of similar size ($598.8M and $589.8M). Granite Ridge Resources, Inc. grew revenue faster over the last twelve months: 14.6% against 13.8%. Granite Ridge Resources, Inc. has the higher net margin (−5.56% vs −19.3%) and the lower return on invested capital (2.36% vs 74.1%). Both pay a dividend; Granite Ridge Resources, Inc. yields more (8.01% vs 0.70%). Across the 19 metrics below, Granite Ridge Resources, Inc. leads on 11 and W&T Offshore, Inc. on 8.

Valuation

Metric GRNT WTI Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.17 0.97 1.80
P/B 1.03 n/m 1.27
Price to free cash flow n/m 14.45 9.99
EV/EBITDA 3.80 4.91 5.08
EV/Sales 2.01 1.33 2.39
Earnings yield (4.73%) (20.00%) 6.06%
Free cash flow yield (17.37%) 6.92% 6.17%

Profitability

Metric GRNT WTI Oil & Gas E&P median
Gross margin 100.00% 43.34% 80.41%
Operating margin 7.47% 0.99% 21.39%
Net margin (5.56%) (19.32%) 14.17%
Free cash flow margin (20.35%) 6.73% 9.71%
Return on equity (4.58%) 72.64% 10.05%
Return on assets (2.35%) (10.95%) 5.81%
Return on invested capital 2.36% 74.05% 6.32%

Growth

Metric GRNT WTI Oil & Gas E&P median
Revenue growth (TTM) 14.60% 13.75% 9.94%
EPS growth (last fiscal year) 28.57% (71.19%) —
Revenue growth, 5-year CAGR 38.90% 7.66% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GRNT WTI Oil & Gas E&P median
Debt to equity 0.82 (1.79) 0.28
Current ratio 1.02 1.17 0.96
Net debt to EBITDA 1.36 2.09 0.91

Dividend

Metric GRNT WTI Oil & Gas E&P median
Dividend yield 8.01% 0.70% 4.93%
Payout ratio 0.00 0.00 0.07

Size

Metric GRNT WTI Oil & Gas E&P median
Market cap 598.83m 589.76m 923.59m

Compare with another peer

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