Granite Ridge Resources (NYSE:GRNT) vs. Antero Resources (NYSE:AR) Critical Survey

Granite Ridge Resources (NYSE:GRNT) and Antero Resources (NYSE:AR) are both energy companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, institutional ownership, risk and analyst recommendations.

Earnings and Valuation

This table compares Granite Ridge Resources and Antero Resources”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Ridge Resources	$380.03 million	1.80	$18.76 million	$0.28	18.59
Antero Resources	$5.28 billion	2.01	$634.42 million	$2.02	17.05

Antero Resources has higher revenue and earnings than Granite Ridge Resources. Antero Resources is trading at a lower price-to-earnings ratio than Granite Ridge Resources, indicating that it is currently the more affordable of the two stocks.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Granite Ridge Resources	8.38%	12.12%	7.10%
Antero Resources	12.02%	6.71%	3.89%

Analyst Ratings

This is a summary of current ratings and target prices for Granite Ridge Resources and Antero Resources, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Granite Ridge Resources	1	2	1	0	2.00
Antero Resources	0	7	7	4	2.83

Granite Ridge Resources presently has a consensus price target of $8.00, indicating a potential upside of 53.70%. Antero Resources has a consensus price target of $45.93, indicating a potential upside of 33.37%. Given Granite Ridge Resources’ higher probable upside, research analysts plainly believe Granite Ridge Resources is more favorable than Antero Resources.

Institutional & Insider Ownership

31.6% of Granite Ridge Resources shares are owned by institutional investors. Comparatively, 83.0% of Antero Resources shares are owned by institutional investors. 8.5% of Granite Ridge Resources shares are owned by insiders. Comparatively, 6.3% of Antero Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

Granite Ridge Resources has a beta of 0.35, indicating that its stock price is 65% less volatile than the S&P 500. Comparatively, Antero Resources has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500.

Summary

Antero Resources beats Granite Ridge Resources on 10 of the 15 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 Antero Resources

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream. As of December 31, 2023, the company had approximately 515,000 net acres in the Appalachian Basin; and approximately 172,000 net acres in the Upper Devonian Shale. Its gathering and compression systems also comprise 631 miles of gas gathering pipelines in the Appalachian Basin. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was incorporated in 2002 and is headquartered in Denver, Colorado.