Granite Ridge Resources vs Riley Exploration Permian
Granite Ridge Resources and Riley Exploration Permian are similar in size: $450m and $392m of revenue in their latest fiscal years. Granite Ridge Resources grew faster (18.5% against -4.4%). Riley Exploration Permian kept more of each dollar of sales as profit: a net margin of 41.0% against 5.4%. Riley Exploration Permian carries less debt relative to equity (42.2% against 66.0%).
| Latest fiscal year | Granite Ridge ResourcesGRNT, 2025 | Riley Exploration PermianREPX, 2025 |
|---|---|---|
| Revenue | $450m | $392m |
| Revenue growth | 18.5% | -4.4% |
| Net income | $24.4m | $161m |
| Operating margin | 10.3% | 34.0% |
| Net margin | 5.4% | 41.0% |
| Return on equity | 3.9% | 28.1% |
| Free cash flow | $178m | $210m |
| Cash | $14.8m | $17.9m |
| Total debt | $400m | $268m |
| Debt to equity | 66.0% | 42.2% |
| Dividend per share | $0.44 | — |
| Dividend yield | 8.4% | 3.3% |
| Share buybacks | $16,000 | — |
| Employees | — | 122 |
| Market value | $674m | $1.02bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | 66 (Moderate) |
| Insider trades, 12 months | 35 buys, 0 sales | 0 buys, 46 sales |