Granite Ridge Resources (NYSE:GRNT) and Sable Offshore (NYSE:SOC) Head to Head Analysis

Granite Ridge Resources (NYSE:GRNT) and Sable Offshore (NYSE:SOC) are both small-cap oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, valuation, earnings, analyst recommendations, institutional ownership and profitability.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Granite Ridge Resources and Sable Offshore, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Granite Ridge Resources	0	2	2	1	2.80
Sable Offshore	0	0	3	0	3.00

Granite Ridge Resources presently has a consensus target price of $7.95, indicating a potential upside of 27.10%. Sable Offshore has a consensus target price of $29.67, indicating a potential upside of 19.91%. Given Granite Ridge Resources’ higher probable upside, equities analysts plainly believe Granite Ridge Resources is more favorable than Sable Offshore.

Institutional and Insider Ownership

31.6% of Granite Ridge Resources shares are owned by institutional investors. Comparatively, 26.2% of Sable Offshore shares are owned by institutional investors. 1.9% of Granite Ridge Resources shares are owned by company insiders. Comparatively, 14.3% of Sable Offshore shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Granite Ridge Resources has a beta of 0.19, indicating that its share price is 81% less volatile than the S&P 500. Comparatively, Sable Offshore has a beta of 0.26, indicating that its share price is 74% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Granite Ridge Resources	14.39%	13.01%	9.10%
Sable Offshore	N/A	-451.70%	-51.62%

Earnings & Valuation

This table compares Granite Ridge Resources and Sable Offshore”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Ridge Resources	$394.85 million	2.07	$81.10 million	$0.45	13.90
Sable Offshore	N/A	N/A	-$32.18 million	N/A	N/A

Granite Ridge Resources has higher revenue and earnings than Sable Offshore.

Summary

Granite Ridge Resources beats Sable Offshore on 8 of the 12 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 Sable Offshore

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is based in Houston, Texas.