Reviewing Granite Ridge Resources (NYSE:GRNT) & HyperDynamics (OTCMKTS:HDYNQ)

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

Earnings and Valuation

This table compares Granite Ridge Resources and HyperDynamics”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Granite Ridge Resources	$380.03 million	1.82	$18.76 million	$0.24	21.98
HyperDynamics	N/A	N/A	N/A	N/A	N/A

Granite Ridge Resources has higher revenue and earnings than HyperDynamics.

Insider and Institutional Ownership

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

Risk & Volatility

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

Analyst Recommendations

This is a breakdown of current ratings and price targets for Granite Ridge Resources and HyperDynamics, as reported by MarketBeat.com.

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

Granite Ridge Resources currently has a consensus target price of $8.00, indicating a potential upside of 51.66%. Given Granite Ridge Resources’ stronger consensus rating and higher possible upside, analysts clearly believe Granite Ridge Resources is more favorable than HyperDynamics.

Profitability

This table compares Granite Ridge Resources and HyperDynamics’ 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%
HyperDynamics	N/A	N/A	N/A

Summary

Granite Ridge Resources beats HyperDynamics on 9 of the 10 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 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.