Ranger Oil Corp

Ranger Oil Corp. is an independent oil and gas company, which engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas. It focuses on its Eagle Ford Shale project located in South Texas. The company was founded in 1882 and is headquartered in Houston, TX.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ranger Oil Corporation is an independent oil and gas company based in South Texas that develops and produces oil, NGLs, and natural gas primarily in the Eagle Ford Shale.

Ranger Oil Corporation (NASDAQ:ROCC ) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Russell Kelley - CFO Darrin Henke - CEO Julia Gwaltney - COO Conference Call Participants Neal Dingmann - Truist Securities Michael Furrow - Johnson Rice Nicholas Pope - Seaport Research Partners Davis Petros - RBC Capital Markets Operator Good day, and welcome to the Ranger Oil Corporation's Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Ranger Oil Corporation (ROCC) Q3 2022 Earnings Call Transcript

Ranger Oil (ROCC) delivered earnings and revenue surprises of 101.30% and 15.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Ranger Oil (ROCC) Q3 Earnings and Revenues Beat Estimates

Exceeded high-end of sales volumes guidance with D&C capital expenditures within guidance Closed additional bolt-on acquisitions and updated share repurchase progress Declares dividend of $0.075/share Increased full-year 2022 sales volumes outlook and updated D&C capital expenditure guidance HOUSTON, TX / ACCESSWIRE / November 2, 2022 / Ranger Oil Corporation ("Ranger" or the "Company") (Nasdaq:ROCC) today announced financial and operational results for the third quarter of 2022. A conference call and webcast to discuss the results is planned for 11 a.m.

Ranger Oil Corporation Reports Third Quarter Results

Ranger Oil (ROCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ranger Oil (ROCC) Reports Next Week: Wall Street Expects Earnings Growth

I think ROCC's stock price will appreciate based on the overall petroleum market and moves made by ROCC. There are positive developments in pricing and EPS plus consumption and production.

Ranger Oil: Making The Right Moves

Total sales volumes above high-end of guidance Drilling and completion capital expenditures within guidance Company adds third rig in Q4, creating significant momentum for 2023 Approximately $70 million returned to equity holders since May, reducing share count by nearly 5% HOUSTON, TX / ACCESSWIRE / October 19, 2022 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ:ROCC) today provided a preliminary update on its third quarter 2022 financial and operating results. Complete results are planned for release after market close on Wednesday, November 2, 2022, with a conference call scheduled for 11 a.m.

Ranger Oil Provides Preliminary Third Quarter 2022 Results

Management is nimbly consolidating its position in the Eagle Ford with cheap small "bolt-on" acquisitions. The market for these small properties tends to be very illiquid which allows for purchases at a big discount to market values of larger properties.

Ranger Oil: Moving Like Greased Lightning

Ranger Oil (ROCC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Ranger Oil (ROCC) Soars 7.5%: Is Further Upside Left in the Stock?

Investors need to pay close attention to Ranger Oil (ROCC) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Ranger Oil (ROCC) Stock?

Arcturus Therapeutics

Brookdale Senior Living

IAMGOLD

Kratos Defense & Security Solutions

NuScale Power Corp

Warby Parker

With several worrying developments domestically and internationally, many investors chose to rush for the exits, though a brave few may have opportunities in small-cap stocks to buy on the dip. Tethered to small-capitalization companies, these market ideas don't always grab the spotlight.

7 Small-Cap Stocks to Buy on the Dip or You'll Be Kicking Yourself Later

The average of price targets set by Wall Street analysts indicates a potential upside of 46.3% in Ranger Oil (ROCC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Can Ranger Oil (ROCC) Climb 46% to Reach the Level Wall Street Analysts Expect?

Ranger Oil has been spending on bolt-on acquisitions and share repurchases. Ranger is expecting strong 2H 2022 production growth, with average production in the second half around 7% higher than its 2022 average.

Ranger Oil: Net Debt Expected To Be Near $500 Million At End Of 2022

Ranger has added 20,000 net acres via 8 bolt-on acquisitions this year. The company's board has approved $140 million for share repurchases through June 30, 2023.

Ranger Oil: Eagle Ford Pure-Play Has Further Upside

Ranger Oil Corporation (NASDAQ:ROCC ) Q2 2022 Earnings Conference Call August 3, 2022 10:00 AM ET Company Participants Rusty Kelley – Senior Vice President and Chief Financial Officer Darrin Henke – President and Chief Executive Officer Julia Gwaltney – Senior Vice President and Chief Operating Officer Conference Call Participants Neal Dingmann – Truist Michael Furrow – Johnson Rice Davis Petros – RBC Nicholas Pope – Seaport Research Operator Good morning, and welcome to the Ranger Oil Corporation's Second Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Ranger Oil Corporation's (ROCC) CEO Darrin Henke on Q2 2022 Results - Earnings Call Transcript

Ranger Oil (ROCC) delivered earnings and revenue surprises of 114.50% and 33.57%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ranger Oil (ROCC) Surpasses Q2 Earnings and Revenue Estimates

Achieved high-end of sales volumes guidance Closed additional bolt-on acquisitions and updated share repurchase progress Increased full-year 2022 sales volumes outlook and updated capital guidance HOUSTON, TX / ACCESSWIRE / August 2, 2022 / Ranger Oil Corporation ("Ranger" or the "Company") (Nasdaq:ROCC) today announced financial and operational results for the second quarter of 2022. Second Quarter Highlights: Achieved upper-end of quarterly sales guidance with total sales of 38.5 thousand barrels of oil equivalent per day ("Mboe/d") and crude oil sales of 27.5 thousand barrels per day ("Mbbl/d") Posted net income of $148.0 million and adjusted net income1 of $120.4 million Generated adjusted EBITDAX1 of $189.8 million and net cash provided by operating activities of $165.0 million Produced pro forma adjusted free cash flow1 of $61.6 million Drilling and completion ("D&C") capital expenditures were $122.1 million Strong second quarter sales volumes, recent acquisitions and increased activity associated with the acquisitions have allowed the Company to increase the mid-point of its full-year 2022 total sales volumes outlook by more than 1.2 Mboe/d Recently closed additional bolt-on transactions, bringing year-to-date acquisitions in the Eagle Ford to eight transactions with initial purchase prices totaling approximately $139 million, subject to customary adjustments.

Ranger Oil Corporation Reports Second Quarter Results

The market often does not see the cyclical appreciation potential until a cyclical recovery is well underway. The key to making money with cyclical stocks is to sell after the recovery but before the market top (or at least near it).

Ranger Oil: Racing Towards New Highs

Ranger Oil (ROCC) Earnings Expected to Grow: Should You Buy?

HOUSTON, TX / ACCESSWIRE / July 14, 2022 / Ranger Oil Corporation (NASDAQ:ROCC) plans to release its second quarter 2022 financial and operating results after market close on Tuesday, August 2, 2022. A conference call and webcast to discuss the results is planned for 10 a.m.

Ranger Oil to Host Second Quarter Conference Call on August 3, 2022

Here is how Ranger Oil (ROCC) and CNX Resources Corporation. (CNX) have performed compared to their sector so far this year.

Has Ranger Oil (ROCC) Outpaced Other Oils-Energy Stocks This Year?

More than 2.5% of Total Common Stock Repurchased to Date; Share Repurchase Authorization Increased by 40% Company Initiates Higher than Expected Inaugural Quarterly Cash Dividend to Shareholders HOUSTON, TX / ACCESSWIRE / July 7, 2022 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ:ROCC) today announced the current status of its ongoing share repurchase program along with an expansion of its cash return framework, increasing its share repurchase program and initiating an inaugural quarterly cash dividend. Highlights: Since early May 2022, Ranger has repurchased more than $40 million (approximately 1.2 million shares) of its Class A common stock, representing more than 2.5% of total common stock outstanding, at an average price of approximately $33.76 per share.

Ranger Oil Expands Shareholder Return Program

Provides Current Estimated Production Update for Recent Wells Turned in Line Plans to Initiate Borrowing Base Redetermination HOUSTON, TX / ACCESSWIRE / June 30, 2022 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ: ROCC) today announced additional bolt-on acquisitions of oil and gas assets in the Eagle Ford shale, bringing the total purchase price of transactions signed in the second quarter to approximately $110 million, subject to customary adjustments. The combined all cash transactions are expected to be immediately accretive on all key financial metrics and are anticipated to close on or before July 5.

Ranger Oil Announces Accretive Acquisitions Adding Additional Scale to Premium Eagle Ford Position

The mean of analysts' price targets for Ranger Oil (ROCC) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 28% Upside in Ranger Oil (ROCC): Here's What You Should Know

Crescent Point Energy

CVR Energy

Daqo New Energy

Enerplus

The energy sector remains undervalued despite the recent surge in prices which is a sign of further upside potential.

Can Energy Stocks Move Higher?

Does Ranger Oil (ROCC) have what it takes to be a top stock pick for momentum investors? Let's find out.

News for Ranger Oil Corp Stock (ROCC)