Granite Ridge Resources (NYSE:GRNT) and International Seaways (NYSE:INSW) Head-To-Head Analysis

International Seaways (NYSE:INSWGet Free Report) and Granite Ridge Resources (NYSE:GRNTGet Free Report) are both energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, profitability and valuation.

Profitability

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

Net Margins Return on Equity Return on Assets
International Seaways 61.98% 31.75% 23.54%
Granite Ridge Resources -5.56% 4.67% 2.33%

Risk and Volatility

International Seaways has a beta of -0.13, indicating that its share price is 113% less volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.21, indicating that its share price is 79% less volatile than the S&P 500.

Insider and Institutional Ownership

67.3% of International Seaways shares are held by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are held by institutional investors. 1.7% of International Seaways shares are held by company insiders. Comparatively, 8.6% 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 is poised for long-term growth.

Analyst Ratings

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
International Seaways 0 2 5 0 2.71
Granite Ridge Resources 1 1 2 1 2.60

International Seaways presently has a consensus target price of $102.25, suggesting a potential downside of 1.55%. Granite Ridge Resources has a consensus target price of $10.00, suggesting a potential upside of 119.54%. Given Granite Ridge Resources’ higher possible upside, analysts plainly believe Granite Ridge Resources is more favorable than International Seaways.

Valuation and Earnings

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

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
International Seaways $843.30 million 6.10 $309.26 million $15.64 6.64
Granite Ridge Resources $450.31 million 1.33 $24.35 million ($0.21) -21.69

International Seaways has higher revenue and earnings than Granite Ridge Resources. Granite Ridge Resources is trading at a lower price-to-earnings ratio than International Seaways, indicating that it is currently the more affordable of the two stocks.

Dividends

International Seaways pays an annual dividend of $20.20 per share and has a dividend yield of 19.4%. Granite Ridge Resources pays an annual dividend of $0.44 per share and has a dividend yield of 9.7%. International Seaways pays out 129.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Granite Ridge Resources pays out -209.5% of its earnings in the form of a dividend.

Summary

International Seaways beats Granite Ridge Resources on 12 of the 17 factors compared between the two stocks.

About International Seaways

(Get Free Report)

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.

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. Granite Ridge Resources, Inc. is based in Dallas, Texas.

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