GRNT
Price
$6.51
Change
+$0.17 (+2.68%)
Updated
Nov 8 closing price
NOG
Price
$40.93
Change
+$0.39 (+0.96%)
Updated
Nov 8 closing price
102 days until earnings call
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GRNT vs NOG

Header iconGRNT vs NOG Comparison
Open Charts GRNT vs NOGBanner chart's image
Granite Ridge Resources
Price$6.51
Change+$0.17 (+2.68%)
Volume$1.09M
CapitalizationN/A
Northern Oil and Gas
Price$40.93
Change+$0.39 (+0.96%)
Volume$1.26M
CapitalizationN/A
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GRNT vs NOG Comparison Chart
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GRNT
Daily Signalchanged days ago
Gain/Loss if shorted
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NOG
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
GRNT vs. NOG commentary
Nov 10, 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 StrongBuy and NOG is a StrongBuy.

COMPARISON
Comparison
Nov 10, 2024
Stock price -- (GRNT: $6.51 vs. NOG: $40.93)
Brand notoriety: GRNT and NOG are both not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: GRNT: 268% vs. NOG: 93%
Market capitalization -- GRNT: $851.83M vs. NOG: $4B
GRNT [@Oil & Gas Production] is valued at $851.83M. NOG’s [@Oil & Gas Production] market capitalization is $4B. 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 $3.97B.

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 whileNOG’s FA Score has 2 green FA rating(s).

  • GRNT’s FA Score: 2 green, 3 red.
  • NOG’s FA Score: 2 green, 3 red.
According to our system of comparison, NOG 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 NOG’s TA Score has 6 bullish TA indicator(s).

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

Price Growth

GRNT (@Oil & Gas Production) experienced а +12.24% price change this week, while NOG (@Oil & Gas Production) price change was +14.27% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was +2.90%. For the same industry, the average monthly price growth was +0.09%, and the average quarterly price growth was -5.51%.

Reported Earning Dates

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

NOG is expected to report earnings on Feb 20, 2025.

Industries' Descriptions

@Oil & Gas Production (+2.90% 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
NOG($4B) has a higher market cap than GRNT($852M). GRNT has higher P/E ratio than NOG: GRNT (10.70) vs NOG (3.95). NOG (14.127) and GRNT (13.865) have similar YTD gains . NOG has higher annual earnings (EBITDA): 1.62B vs. GRNT (272M). GRNT has more cash in the bank: 60.9M vs. NOG (8.2M). GRNT has less debt than NOG: GRNT (110M) vs NOG (1.84B). NOG has higher revenues than GRNT: NOG (1.91B) vs GRNT (394M).
GRNTNOGGRNT / NOG
Capitalization852M4B21%
EBITDA272M1.62B17%
Gain YTD13.86514.12798%
P/E Ratio10.703.95271%
Revenue394M1.91B21%
Total Cash60.9M8.2M743%
Total Debt110M1.84B6%
FUNDAMENTALS RATINGS
NOG: Fundamental Ratings
NOG
OUTLOOK RATING
1..100
86
VALUATION
overvalued / fair valued / undervalued
1..100
36
Fair valued
PROFIT vs RISK RATING
1..100
24
SMR RATING
1..100
29
PRICE GROWTH RATING
1..100
49
P/E GROWTH RATING
1..100
66
SEASONALITY SCORE
1..100
65

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
GRNTNOG
RSI
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
75%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
80%
Bearish Trend 3 days ago
75%
Momentum
ODDS (%)
Bullish Trend 3 days ago
71%
Bullish Trend 3 days ago
79%
MACD
ODDS (%)
Bullish Trend 3 days ago
80%
Bullish Trend 3 days ago
84%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
68%
Bullish Trend 3 days ago
79%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
67%
Bullish Trend 3 days ago
76%
Advances
ODDS (%)
Bullish Trend 5 days ago
61%
Bullish Trend 5 days ago
78%
Declines
ODDS (%)
Bearish Trend 10 days ago
71%
Bearish Trend 10 days ago
77%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
55%
Bearish Trend 3 days ago
73%
Aroon
ODDS (%)
Bearish Trend 3 days ago
90%
Bullish Trend 3 days ago
72%
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GRNT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
NOG
Daily Signalchanged days ago
Gain/Loss if shorted
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 MGY. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if GRNT jumps, then MGY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GRNT
1D Price
Change %
GRNT100%
+2.68%
MGY - GRNT
63%
Loosely correlated
+1.82%
MTDR - GRNT
61%
Loosely correlated
+0.07%
PR - GRNT
61%
Loosely correlated
-0.33%
NOG - GRNT
61%
Loosely correlated
+0.96%
VTLE - GRNT
60%
Loosely correlated
+2.03%
More

NOG and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOG has been closely correlated with MGY. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if NOG jumps, then MGY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOG
1D Price
Change %
NOG100%
+0.96%
MGY - NOG
85%
Closely correlated
+1.82%
MTDR - NOG
85%
Closely correlated
+0.07%
MUR - NOG
84%
Closely correlated
+1.73%
CIVI - NOG
82%
Closely correlated
+0.19%
SM - NOG
81%
Closely correlated
+0.21%
More