Barnwell Industries (NYSE:BRN) and Granite Ridge Resources (NYSE:GRNT) Head to Head Survey

Barnwell Industries (NYSE:BRNGet Free Report) and Granite Ridge Resources (NYSE:GRNTGet Free Report) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, dividends, profitability, earnings and valuation.

Volatility and Risk

Barnwell Industries has a beta of 0.21, meaning that its stock price is 79% less volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.13, meaning that its stock price is 87% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and target prices for Barnwell Industries and Granite Ridge Resources, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Barnwell Industries 0 0 0 0 N/A
Granite Ridge Resources 0 0 2 0 3.00

Granite Ridge Resources has a consensus price target of $8.50, indicating a potential upside of 54.26%. Given Granite Ridge Resources’ higher probable upside, analysts clearly believe Granite Ridge Resources is more favorable than Barnwell Industries.

Institutional and Insider Ownership

9.4% of Barnwell Industries shares are owned by institutional investors. Comparatively, 7.6% of Granite Ridge Resources shares are owned by institutional investors. 16.3% of Barnwell Industries shares are owned by insiders. Comparatively, 1.4% of Granite Ridge Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Dividends

Barnwell Industries pays an annual dividend of $0.05 per share and has a dividend yield of 2.2%. Granite Ridge Resources pays an annual dividend of $0.44 per share and has a dividend yield of 8.0%. Barnwell Industries pays out -55.6% of its earnings in the form of a dividend. Granite Ridge Resources pays out 48.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Granite Ridge Resources has raised its dividend for 1 consecutive years. Granite Ridge Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Valuation and Earnings

This table compares Barnwell Industries and Granite Ridge Resources’ gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Barnwell Industries $25.27 million 0.91 -$960,000.00 ($0.09) -25.67
Granite Ridge Resources $497.42 million 1.47 $262.34 million $0.91 6.06

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

Profitability

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

Net Margins Return on Equity Return on Assets
Barnwell Industries -3.80% -5.06% -2.69%
Granite Ridge Resources 29.78% 20.45% 15.26%

Summary

Granite Ridge Resources beats Barnwell Industries on 12 of the 16 factors compared between the two stocks.

About Barnwell Industries

(Get Free Report)

Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. It also acquires and develops crude oil and natural gas assets in the province of Alberta, as well as invests in land interests in Hawaii. In addition, the company owns and operates threes water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; and drills water and water monitoring wells of varying depths. Further, it installs and repairs water pumping systems; and distributes trillium flow technologies. Barnwell Industries, Inc. was incorporated in 1956 and is based in Honolulu, Hawaii.

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. The company is based in Dallas, Texas.

Receive News & Ratings for Barnwell Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barnwell Industries and related companies with MarketBeat.com's FREE daily email newsletter.