Analyzing Coastal Caribbean Oils & Minerals (OTCMKTS:COCBF) & Granite Ridge Resources (NYSE:GRNT)

Coastal Caribbean Oils & Minerals (OTCMKTS:COCBFGet Free Report) and Granite Ridge Resources (NYSE:GRNTGet Free Report) are both energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings and profitability.

Analyst Ratings

This is a summary of recent recommendations for Coastal Caribbean Oils & Minerals and Granite Ridge Resources, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coastal Caribbean Oils & Minerals 0 0 0 0 0.00
Granite Ridge Resources 0 2 1 0 2.33

Granite Ridge Resources has a consensus price target of $7.50, suggesting a potential upside of 25.21%. Given Granite Ridge Resources’ stronger consensus rating and higher probable upside, analysts clearly believe Granite Ridge Resources is more favorable than Coastal Caribbean Oils & Minerals.

Earnings and Valuation

This table compares Coastal Caribbean Oils & Minerals and Granite Ridge Resources”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Coastal Caribbean Oils & Minerals N/A N/A N/A N/A N/A
Granite Ridge Resources $413.97 million 1.90 $81.10 million $0.09 66.56

Granite Ridge Resources has higher revenue and earnings than Coastal Caribbean Oils & Minerals.

Insider & Institutional Ownership

31.6% of Granite Ridge Resources shares are owned by institutional investors. 5.0% of Coastal Caribbean Oils & Minerals shares are owned by company insiders. Comparatively, 8.5% of Granite Ridge Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Coastal Caribbean Oils & Minerals and Granite Ridge Resources’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Coastal Caribbean Oils & Minerals N/A N/A N/A
Granite Ridge Resources 12.59% 11.58% 7.89%

Summary

Granite Ridge Resources beats Coastal Caribbean Oils & Minerals on 9 of the 9 factors compared between the two stocks.

About Coastal Caribbean Oils & Minerals

(Get Free Report)

Coastal Caribbean Oils & Minerals, Ltd. operates as an independent oil and gas exploration company in the United States. It seeks various exploration projects with potential for providing long-term drilling inventories. The company was founded in 1953 and is based in Hamilton, Bermuda.

About Granite Ridge Resources

(Get Free Report)

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.

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