GRNT
Price
$6.03
Change
+$0.13 (+2.20%)
Updated
Dec 24 closing price
NEXT
Price
$6.97
Change
+$0.15 (+2.20%)
Updated
Dec 24 closing price
62 days until earnings call
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GRNT vs NEXT

Header iconGRNT vs NEXT Comparison
Open Charts GRNT vs NEXTBanner chart's image
Granite Ridge Resources
Price$6.03
Change+$0.13 (+2.20%)
Volume$256.28K
CapitalizationN/A
NextDecade
Price$6.97
Change+$0.15 (+2.20%)
Volume$497.41K
CapitalizationN/A
GRNT vs NEXT Comparison Chart
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GRNT
Daily Signalchanged days ago
Gain/Loss if bought
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NEXT
Daily Signalchanged days ago
Gain/Loss if bought
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VS
GRNT vs. NEXT 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 Hold and NEXT is a Buy.

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COMPARISON
Comparison
Dec 26, 2024
Stock price -- (GRNT: $6.03 vs. NEXT: $6.97)
Brand notoriety: GRNT and NEXT are both not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: GRNT: 43% vs. NEXT: 28%
Market capitalization -- GRNT: $851.83M vs. NEXT: $1.42B
GRNT [@Oil & Gas Production] is valued at $851.83M. NEXT’s [@Oil & Gas Production] market capitalization is $1.42B. 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 whileNEXT’s FA Score has 1 green FA rating(s).

  • GRNT’s FA Score: 2 green, 3 red.
  • NEXT’s FA Score: 1 green, 4 red.
According to our system of comparison, GRNT is a better buy in the long-term than NEXT.

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 NEXT’s TA Score has 5 bullish TA indicator(s).

  • GRNT’s TA Score: 4 bullish, 7 bearish.
  • NEXT’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, NEXT 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 NEXT (@Oil & Gas Production) price change was +4.19% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was -0.94%. For the same industry, the average monthly price growth was -6.84%, and the average quarterly price growth was -8.71%.

Reported Earning Dates

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

NEXT is expected to report earnings on Feb 26, 2025.

Industries' Descriptions

@Oil & Gas Production (-0.94% 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
NEXT($1.42B) has a higher market cap than GRNT($852M). NEXT YTD gains are higher at: 46.122 vs. GRNT (7.271). GRNT has higher annual earnings (EBITDA): 272M vs. NEXT (-168.21M). GRNT has more cash in the bank: 60.9M vs. NEXT (38.2M). GRNT has less debt than NEXT: GRNT (110M) vs NEXT (1.97B). GRNT has higher revenues than NEXT: GRNT (394M) vs NEXT (0).
GRNTNEXTGRNT / NEXT
Capitalization852M1.42B60%
EBITDA272M-168.21M-162%
Gain YTD7.27146.12216%
P/E Ratio10.70N/A-
Revenue394M0-
Total Cash60.9M38.2M159%
Total Debt110M1.97B6%
FUNDAMENTALS RATINGS
NEXT: Fundamental Ratings
NEXT
OUTLOOK RATING
1..100
69
VALUATION
overvalued / fair valued / undervalued
1..100
85
Overvalued
PROFIT vs RISK RATING
1..100
83
SMR RATING
1..100
98
PRICE GROWTH RATING
1..100
44
P/E GROWTH RATING
1..100
20
SEASONALITY SCORE
1..100
n/a

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
GRNTNEXT
RSI
ODDS (%)
Bullish Trend 2 days ago
90%
Bearish Trend 2 days ago
90%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
77%
Bearish Trend 2 days ago
77%
Momentum
ODDS (%)
Bearish Trend 2 days ago
62%
Bullish Trend 2 days ago
87%
MACD
ODDS (%)
Bearish Trend 2 days ago
70%
Bearish Trend 2 days ago
87%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
68%
Bullish Trend 2 days ago
85%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
67%
Bearish Trend 2 days ago
82%
Advances
ODDS (%)
Bullish Trend 14 days ago
62%
Bullish Trend 6 days ago
77%
Declines
ODDS (%)
Bearish Trend 7 days ago
67%
Bearish Trend 8 days ago
83%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
89%
Bullish Trend 2 days ago
84%
Aroon
ODDS (%)
Bearish Trend 2 days ago
81%
Bearish Trend 2 days ago
86%
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GRNT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
NEXT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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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