GRNT
Price
$5.95
Change
-$0.08 (-1.33%)
Updated
Dec 26, 04:02 PM (EDT)
MGY
Price
$23.09
Change
-$0.15 (-0.65%)
Updated
Dec 26, 04:09 PM (EDT)
48 days until earnings call
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GRNT vs MGY

Header iconGRNT vs MGY Comparison
Open Charts GRNT vs MGYBanner chart's image
Granite Ridge Resources
Price$5.95
Change-$0.08 (-1.33%)
Volume$952
CapitalizationN/A
Magnolia Oil & Gas
Price$23.09
Change-$0.15 (-0.65%)
Volume$1.17K
CapitalizationN/A
GRNT vs MGY Comparison Chart
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GRNT
Daily Signalchanged days ago
Gain/Loss if bought
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MGY
Daily Signalchanged days ago
Gain/Loss if bought
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GRNT vs. MGY commentary
Dec 26, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is GRNT is a Buy and MGY is a Buy.

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COMPARISON
Comparison
Dec 26, 2024
Stock price -- (GRNT: $6.03 vs. MGY: $23.24)
Brand notoriety: GRNT and MGY are both not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: GRNT: 43% vs. MGY: 34%
Market capitalization -- GRNT: $851.83M vs. MGY: $4.73B
GRNT [@Oil & Gas Production] is valued at $851.83M. MGY’s [@Oil & Gas Production] market capitalization is $4.73B. The market cap for tickers in the [@Oil & Gas Production] industry ranges from $151.38B to $0. The average market capitalization across the [@Oil & Gas Production] industry is $4.13B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

GRNT’s FA Score shows that 2 FA rating(s) are green whileMGY’s FA Score has 2 green FA rating(s).

  • GRNT’s FA Score: 2 green, 3 red.
  • MGY’s FA Score: 2 green, 3 red.
According to our system of comparison, MGY is a better buy in the long-term than GRNT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

GRNT’s TA Score shows that 4 TA indicator(s) are bullish while MGY’s TA Score has 4 bullish TA indicator(s).

  • GRNT’s TA Score: 4 bullish, 7 bearish.
  • MGY’s TA Score: 4 bullish, 6 bearish.
According to our system of comparison, MGY is a better buy in the short-term than GRNT.

Price Growth

GRNT (@Oil & Gas Production) experienced а +1.01% price change this week, while MGY (@Oil & Gas Production) price change was -4.13% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was +1.75%. For the same industry, the average monthly price growth was -4.84%, and the average quarterly price growth was -8.37%.

Reported Earning Dates

GRNT is expected to report earnings on May 11, 2023.

MGY is expected to report earnings on Feb 12, 2025.

Industries' Descriptions

@Oil & Gas Production (+1.75% weekly)

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

SUMMARIES
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FUNDAMENTALS
Fundamentals
MGY($4.73B) has a higher market cap than GRNT($852M). MGY has higher P/E ratio than GRNT: MGY (12.84) vs GRNT (10.70). MGY YTD gains are higher at: 11.528 vs. GRNT (7.271). MGY has higher annual earnings (EBITDA): 875M vs. GRNT (272M). MGY has more cash in the bank: 401M vs. GRNT (60.9M). GRNT has less debt than MGY: GRNT (110M) vs MGY (393M). MGY has higher revenues than GRNT: MGY (1.23B) vs GRNT (394M).
GRNTMGYGRNT / MGY
Capitalization852M4.73B18%
EBITDA272M875M31%
Gain YTD7.27111.52863%
P/E Ratio10.7012.8483%
Revenue394M1.23B32%
Total Cash60.9M401M15%
Total Debt110M393M28%
FUNDAMENTALS RATINGS
MGY: Fundamental Ratings
MGY
OUTLOOK RATING
1..100
51
VALUATION
overvalued / fair valued / undervalued
1..100
46
Fair valued
PROFIT vs RISK RATING
1..100
26
SMR RATING
1..100
44
PRICE GROWTH RATING
1..100
63
P/E GROWTH RATING
1..100
15
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
GRNTMGY
RSI
ODDS (%)
Bullish Trend 3 days ago
90%
Bullish Trend 3 days ago
89%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
77%
Bullish Trend 3 days ago
87%
Momentum
ODDS (%)
Bearish Trend 3 days ago
62%
Bearish Trend 3 days ago
75%
MACD
ODDS (%)
Bearish Trend 3 days ago
70%
Bearish Trend 3 days ago
65%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
68%
Bearish Trend 3 days ago
72%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
67%
Bearish Trend 3 days ago
74%
Advances
ODDS (%)
Bullish Trend 15 days ago
62%
Bullish Trend 3 days ago
72%
Declines
ODDS (%)
Bearish Trend 8 days ago
67%
Bearish Trend 7 days ago
75%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
89%
Bullish Trend 3 days ago
76%
Aroon
ODDS (%)
Bearish Trend 3 days ago
81%
Bearish Trend 3 days ago
81%
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GRNT
Daily Signalchanged days ago
Gain/Loss if bought
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MGY
Daily Signalchanged days ago
Gain/Loss if bought
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GRNT and

Correlation & Price change

A.I.dvisor indicates that over the last year, GRNT has been loosely correlated with MTDR. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if GRNT jumps, then MTDR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRNT
1D Price
Change %
GRNT100%
+2.20%
MTDR - GRNT
66%
Loosely correlated
+1.50%
MGY - GRNT
64%
Loosely correlated
+1.13%
CHRD - GRNT
63%
Loosely correlated
+1.50%
MUR - GRNT
63%
Loosely correlated
+0.52%
PR - GRNT
63%
Loosely correlated
+1.38%
More

MGY and

Correlation & Price change

A.I.dvisor indicates that over the last year, MGY has been closely correlated with MTDR. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if MGY jumps, then MTDR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGY
1D Price
Change %
MGY100%
+1.13%
MTDR - MGY
87%
Closely correlated
+1.50%
NOG - MGY
86%
Closely correlated
+1.32%
MUR - MGY
84%
Closely correlated
+0.52%
CHRD - MGY
84%
Closely correlated
+1.50%
OVV - MGY
83%
Closely correlated
+1.65%
More