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PVAE Stock Overview

Ranger Oil Corporation, an independent oil and gas company, engages in the onshore development and production of crude oil, natural gas liquids, and natural gas in the United States. More details

PVAE fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	3/6
Dividends	1/6

Rewards

Trading at 68.4% below our estimate of its fair value

Revenue is forecast to grow 8.83% per year

Earnings grew by 538.3% over the past year

Analysts in good agreement that stock price will rise by 37.9%

Risk Analysis

High level of non-cash earnings

Significant insider selling over the past 3 months

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

Ranger Oil Corporation Competitors

Deutsche Rohstoff

XTRA:DR0

€190.9m

Verbio

XTRA:VBK

€584.9m

CropEnergies

XTRA:CE2

€1.0b

EnviTec Biogas

XTRA:ETG

€442.5m

Price History & Performance

Summary of share price highs, lows and changes for Ranger Oil
Historical stock prices
Current Share Price	US$34.60
52 Week High	US$43.40
52 Week Low	US$28.20
Beta	2.65
1 Month Change	-1.70%
3 Month Change	0%
1 Year Change	-6.49%
3 Year Change	284.44%
5 Year Change	n/a
Change since IPO	-54.77%

Recent updates

Shareholder Returns

	PVAE	DE Oil and Gas	DE Market
7D	-2.8%	-2.0%	-0.6%
1Y	-6.5%	-13.1%	14.8%

Return vs Industry: PVAE exceeded the German Oil and Gas industry which returned -16.9% over the past year.

Return vs Market: PVAE underperformed the German Market which returned 1.9% over the past year.

Price Volatility

Is PVAE's price volatile compared to industry and market?
PVAE volatility
PVAE Average Weekly Movement	4.7%
Oil and Gas Industry Average Movement	5.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.6%

Stable Share Price: PVAE has not had significant price volatility in the past 3 months.

Volatility Over Time: PVAE's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1882	136	Darrin Henke	www.rangeroil.com

Ranger Oil Corporation, an independent oil and gas company, engages in the onshore development and production of crude oil, natural gas liquids, and natural gas in the United States. It engages in drilling unconventional horizontal development wells; and operates producing wells in the Eagle Ford Shale field in South Texas. The company was formerly known as Penn Virginia Corporation and changed its name to Ranger Oil Corporation in October 2021.

Ranger Oil Corporation Fundamentals Summary

How do Ranger Oil's earnings and revenue compare to its market cap?
PVAE fundamental statistics
Market cap	€1.43b
Earnings (TTM)	€256.21m
Revenue (TTM)	€1.00b

2.5x

P/E Ratio

0.7x

P/S Ratio

Is PVAE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PVAE income statement (TTM)
Revenue	US$1.09b
Cost of Revenue	US$97.52m
Gross Profit	US$997.19m
Other Expenses	US$717.51m
Earnings	US$279.68m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	14.71
Gross Margin	91.09%
Net Profit Margin	25.55%
Debt/Equity Ratio	54.1%

How did PVAE perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

2%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/06/21 17:44
End of Day Share Price	2023/06/16 00:00
Earnings	2023/03/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ranger Oil Corporation is covered by 27 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Robertson	Barclays
Phillip Jungwirth	BMO Capital Markets Equity Research
Daniel McSpirit	BMO Capital Markets Equity Research

This company listing is no longer active

PVAE Stock Overview

Rewards

Risk Analysis

Ranger Oil Corporation Competitors

XTRA:DR0

€190.9m

XTRA:VBK

€584.9m

XTRA:CE2

€1.0b

XTRA:ETG

€442.5m

Price History & Performance

Recent News & Updates

Ranger Oil Corporation(NasdaqGS:ROCC) dropped from NASDAQ Composite Index

Baytex Energy Corp. (TSX:BTE) completed the acquisition of Ranger Oil Corporation (NasdaqGS:ROCC) from a group of shareholders.

Independent Director recently sold €181k worth of stock

First quarter 2023 earnings released: EPS: US$2.74 (vs US$0.47 loss in 1Q 2022)

Ranger Oil Corporation Declares Cash Dividend of Class A Common Stock, Payable on May 30, 2023

Full year 2022 earnings released: EPS: US$10.77 (vs US$2.41 in FY 2021)

Recent updates

Ranger Oil Corporation(NasdaqGS:ROCC) dropped from NASDAQ Composite Index

Baytex Energy Corp. (TSX:BTE) completed the acquisition of Ranger Oil Corporation (NasdaqGS:ROCC) from a group of shareholders.

Independent Director recently sold €181k worth of stock

First quarter 2023 earnings released: EPS: US$2.74 (vs US$0.47 loss in 1Q 2022)

Ranger Oil Corporation Declares Cash Dividend of Class A Common Stock, Payable on May 30, 2023

Full year 2022 earnings released: EPS: US$10.77 (vs US$2.41 in FY 2021)

Investor sentiment improves as stock rises 18%

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Ranger Oil Reportedly Exploring Possible Sale

High number of new and inexperienced directors

Upcoming dividend of US$0.075 per share

Third quarter 2022 earnings released: EPS: US$5.38 (vs US$1.14 in 3Q 2021)

Ranger Oil Corporation Provides Sales Guidance for Fourth Quarter and Full Year of 2022

Ranger Oil Corporation to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$3.41 (vs US$0.20 in 2Q 2021)

Ranger Oil Corporation Revises Production Guidance for the Year 2022

Ranger Oil Corporation (NasdaqGS:ROCC) agreed to acquire Oil and Gas Assets in the Eagle Ford Shale.

Ranger Oil Corporation(NasdaqGS:ROCC) dropped from Russell Microcap Value Index

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Ranger Oil Corporation Announces Board Changes

First quarter 2022 earnings released: US$0.47 loss per share (vs US$0.89 loss in 1Q 2021)

Ranger Oil Corporation (NasdaqGS:ROCC) ) signed an agreement to acquire Oil Producing Properties in the Eagle Ford Shale.

High number of new and inexperienced directors

Ranger Oil Corporation (NasdaqGS:ROCC) announces an Equity Buyback for $100 million worth of its shares.

Ranger Oil Corporation Plans to Initiate Annualized Dividend

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Ranger Oil Corporation Announces Promotion of Julia Gwaltney to the Role of Senior Vice President and Chief Operating Officer

Ranger Oil Corporation to Report Q4, 2021 Results on Mar 07, 2022

Third quarter 2021 earnings released: EPS US$1.14 (vs US$16.03 loss in 3Q 2020)

Independent Director Darin Holderness has left the company

Second quarter 2021 earnings released: EPS US$0.20 (vs US$6.25 loss in 2Q 2020)

Penn Virginia Corporation (NasdaqGS:PVAC) entered into a definitive merger agreement to acquire Lonestar Resources US Inc. (OTCPK:LONE) for approximately $120 million.

First quarter 2021 earnings released: US$0.89 loss per share (vs US$10.76 profit in 1Q 2020)

Penn Virginia Corporation Announces Impairment Charges for the First Quarter Ended March 31, 2021

Penn Virginia Corporation Provides Sales Guidance for the Second Quarter of 2021

VP, Controller & Principal Accounting Officer has left the company

Revenue misses expectations

Full year 2020 earnings released: US$20.46 loss per share (vs US$4.67 profit in FY 2019)

Penn Virginia Corporation to Report Q4, 2020 Results on Mar 08, 2021

New 90-day high: €12.30

Penn Virginia Corporation Announces Board Changes

Penn Virginia Corporation Announces Executive Appointments

New 90-day high: €10.20

Penn Virginia Announces Management Changes

New 90-day high: €8.75

Third quarter 2020 earnings released: US$16.03 loss per share

Revenue misses expectations

Penn Virginia Corporation announced that it expects to receive $149.999999 million in funding from Juniper Capital Advisors, L.P.

Penn Virginia Corporation Appoints Edward Geiser as Chairman of the Board

Penn Virginia Corporation to Report Q3, 2020 Results on Nov 05, 2020

New 90-day low: €7.45

Penn Virginia Corporation Announces Management Changes

Shareholder Returns

Price Volatility

About the Company