Head-To-Head Comparison: Granite Ridge Resources (NYSE:GRNT) versus HyperDynamics (OTCMKTS:HDYNQ)

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

Analyst Recommendations

This is a breakdown of recent ratings and target prices for HyperDynamics and Granite Ridge Resources, as provided by MarketBeat.com.

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

Granite Ridge Resources has a consensus price target of $8.00, suggesting a potential upside of 49.11%. Given Granite Ridge Resources’ stronger consensus rating and higher probable upside, analysts clearly believe Granite Ridge Resources is more favorable than HyperDynamics.

Risk and Volatility

HyperDynamics has a beta of 3.5, suggesting that its stock price is 250% more volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.34, suggesting that its stock price is 66% less volatile than the S&P 500.

Institutional & Insider Ownership

31.6% of Granite Ridge Resources shares are held by institutional investors. 5.9% of HyperDynamics shares are held by insiders. Comparatively, 8.5% of Granite Ridge Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
HyperDynamics	N/A	N/A	N/A
Granite Ridge Resources	7.47%	13.09%	7.89%

Earnings and Valuation

This table compares HyperDynamics 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
HyperDynamics	N/A	N/A	N/A	N/A	N/A
Granite Ridge Resources	$380.03 million	1.85	$18.76 million	$0.24	22.35

Granite Ridge Resources has higher revenue and earnings than HyperDynamics.

Summary

Granite Ridge Resources beats HyperDynamics on 9 of the 10 factors compared between the two stocks.

About HyperDynamics

Hyperdynamics Corporation, together with its subsidiaries, operates as an independent oil and gas exploration company. It engages in the acquisition, exploration, and development of oil and natural gas properties in the Republic of Guinea, Northwest Africa. The company owns a 100% interest in a concession that covers an area of approximately 5,000 square miles in offshore Guinea. Hyperdynamics Corporation was founded in 1983 and is headquartered in Houston, Texas.

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.