Granite Ridge Resources (NYSE:GRNT) & Halcon Resources (OTCMKTS:HKRSQ) Head to Head Contrast

Granite Ridge Resources (NYSE:GRNT) and Halcon Resources (OTCMKTS:HKRSQ) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, analyst recommendations, risk, earnings and profitability.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Granite Ridge Resources	20.58%	16.35%	11.98%
Halcon Resources	-324.96%	-238.22%	-73.12%

Analyst Recommendations

This is a summary of recent ratings for Granite Ridge Resources and Halcon Resources, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Granite Ridge Resources	0	0	2	0	3.00
Halcon Resources	0	0	0	0	N/A

Granite Ridge Resources presently has a consensus target price of $8.50, suggesting a potential upside of 30.77%. Given Granite Ridge Resources’ higher probable upside, research analysts plainly believe Granite Ridge Resources is more favorable than Halcon Resources.

Institutional & Insider Ownership

31.6% of Granite Ridge Resources shares are owned by institutional investors. 1.4% of Granite Ridge Resources shares are owned by company insiders. Comparatively, 6.1% of Halcon Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Granite Ridge Resources and Halcon Resources’ top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Ridge Resources	$394.07 million	2.15	$81.10 million	$0.61	10.66
Halcon Resources	$224.68 million	0.05	-$1.17 billion	N/A	N/A

Granite Ridge Resources has higher revenue and earnings than Halcon Resources.

Summary

Granite Ridge Resources beats Halcon Resources on 9 of the 10 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 Halcon Resources

Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. As of December 31, 2018, the company held interests in 56,900 net acres in the Delaware Basin, located in Pecos, Reeves, Ward, and Winkler Counties, Texas. As of December 31, 2018, it had estimated proved reserves of approximately 85.2 million barrels of oil equivalent comprising 50.7 million barrels of crude oil, 17.1 million barrels of natural gas liquids, and 104.7 billion cubic feet of natural gas. The company was formerly known as RAM Energy Resources, Inc. and changed its name to Halcón Resources Corporation in February 2012. Halcón Resources Corporation was founded in 1987 and is headquartered in Houston, Texas. On August 7, 2019, Halcón Resources Corporation along with its affiliates filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for Southern District of Texas.