Granite Ridge Resources (NYSE:GRNT) & Antero Resources (NYSE:AR) Head-To-Head Analysis

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

Institutional and Insider Ownership

83.0% of Antero Resources shares are held by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are held by institutional investors. 6.3% of Antero Resources shares are held by company insiders. Comparatively, 8.5% of Granite Ridge Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings for Antero Resources and Granite Ridge Resources, as reported by MarketBeat.

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

Antero Resources currently has a consensus price target of $45.93, suggesting a potential upside of 29.25%. Granite Ridge Resources has a consensus price target of $8.00, suggesting a potential upside of 52.91%. Given Granite Ridge Resources’ higher probable upside, analysts plainly believe Granite Ridge Resources is more favorable than Antero Resources.

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Antero Resources	$5.28 billion	2.08	$634.42 million	$2.02	17.59
Granite Ridge Resources	$380.03 million	1.81	$18.76 million	$0.28	18.69

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

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

Volatility and Risk

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

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.