Comparing Granite Ridge Resources (NYSE:GRNT) & Clean Energy Fuels (NASDAQ:CLNE)

Clean Energy Fuels (NASDAQ:CLNE) and Granite Ridge Resources (NYSE:GRNT) are both small-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, valuation, profitability and risk.

Risk & Volatility

Clean Energy Fuels has a beta of 1.89, indicating that its share price is 89% more volatile than the S&P 500. Comparatively, Granite Ridge Resources has a beta of 0.24, indicating that its share price is 76% less volatile than the S&P 500.

Earnings and Valuation

This table compares Clean Energy Fuels and Granite Ridge Resources”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Clean Energy Fuels	$424.83 million	0.70	-$222.02 million	($0.44)	-3.07
Granite Ridge Resources	$450.31 million	1.66	$24.35 million	($0.21)	-26.98

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

Institutional and Insider Ownership

49.9% of Clean Energy Fuels shares are held by institutional investors. Comparatively, 31.6% of Granite Ridge Resources shares are held by institutional investors. 4.1% of Clean Energy Fuels shares are held by insiders. Comparatively, 8.6% of Granite Ridge Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and target prices for Clean Energy Fuels and Granite Ridge Resources, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Clean Energy Fuels	1	2	0	1	2.25
Granite Ridge Resources	1	1	2	1	2.60

Clean Energy Fuels currently has a consensus price target of $2.38, indicating a potential upside of 76.54%. Granite Ridge Resources has a consensus price target of $11.00, indicating a potential upside of 94.17%. Given Granite Ridge Resources’ stronger consensus rating and higher possible upside, analysts clearly believe Granite Ridge Resources is more favorable than Clean Energy Fuels.

Profitability

This table compares Clean Energy Fuels and Granite Ridge Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Clean Energy Fuels	-21.27%	-16.52%	-8.87%
Granite Ridge Resources	-5.56%	4.67%	2.33%

Summary

Granite Ridge Resources beats Clean Energy Fuels on 11 of the 13 factors compared between the two stocks.

About Clean Energy Fuels

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and maintains vehicle fueling stations; and sells and services compressors and other equipment that are used in RNG production and fueling stations. In addition, it transports and sells CNG, RNG, and LNG through virtual natural gas pipelines and interconnects; sells U.S. federal, state, and local government credits, such as RNG as a vehicle fuel, including Renewable Identification Numbers and Low Carbon Fuel Standards credits; and obtains federal, state, and local credits, grants, and incentives. Further, the company focuses on developing, owning, and operating dairy and other livestock waste RNG projects. It serves heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, as well as government fleets. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.

About Granite Ridge Resources

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.