Granite Ridge Resources (NYSE:GRNT – Get Free Report) and Altex Industries (OTCMKTS:ALTX – Get Free Report) are both small-cap energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability.
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% |
Analyst Ratings
This is a summary of recent ratings and recommmendations for Granite Ridge Resources and Altex Industries, as provided 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 |
Insider & Institutional Ownership
31.6% of Granite Ridge Resources shares are owned by institutional investors. 8.5% of Granite Ridge Resources shares are owned by insiders. Comparatively, 49.8% of Altex Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Risk & 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.
Valuation & Earnings
This table compares Granite Ridge Resources and Altex Industries”s gross 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 | 1.80 | $18.76 million | $0.24 | 21.71 |
| 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.
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.
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