Contrasting Granite Ridge Resources (NYSE:GRNT) & Altex Industries (OTCMKTS:ALTX)

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

Risk and Volatility

Granite Ridge Resources has a beta of 0.35, meaning that its stock price is 65% less volatile than the S&P 500. Comparatively, Altex Industries has a beta of 0.23, meaning that its stock price is 77% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Granite Ridge Resources	7.47%	13.09%	7.89%
Altex Industries	-866.67%	-16.81%	-8.73%

Institutional & Insider Ownership

31.6% of Granite Ridge Resources shares are held by institutional investors. 8.5% of Granite Ridge Resources shares are held by company insiders. Comparatively, 49.8% of Altex Industries shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Granite Ridge Resources and Altex Industries”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Ridge Resources	$380.03 million	1.84	$18.76 million	$0.24	22.15
Altex Industries	$20,000.00	179.68	$440,000.00	($0.01)	-32.00

Granite Ridge Resources has higher revenue and earnings than Altex Industries. Altex Industries 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.

Analyst Ratings

This is a summary of current ratings and price targets for Granite Ridge Resources and Altex Industries, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Granite Ridge Resources	0	2	1	0	2.33
Altex Industries	0	0	0	0	0.00

Granite Ridge Resources currently has a consensus target price of $7.50, indicating a potential upside of 41.11%. Given Granite Ridge Resources’ stronger consensus rating and higher probable upside, research analysts plainly believe Granite Ridge Resources is more favorable than Altex Industries.

Summary

Granite Ridge Resources beats Altex Industries on 12 of the 14 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 Altex Industries

Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado.