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Ranger Oil Past Earnings Performance

Past criteria checks 5/6

Ranger Oil's earnings have been declining at an average annual rate of -3.7%, while the Oil and Gas industry saw earnings growing at 43.5% annually. Revenues have been growing at an average rate of 26.5% per year. Ranger Oil's return on equity is 51.5%, and it has net margins of 25.5%.

Key information

-3.7%

Earnings growth rate

-9.4%

EPS growth rate

Oil and Gas Industry Growth	37.3%
Revenue growth rate	26.5%
Return on equity	51.5%
Net Margin	25.5%
Last Earnings Update	31 Mar 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Ranger Oil makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:PVAE Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 23	1,095	280	79
31 Dec 22	1,093	218	77
30 Sep 22	1,047	201	75
30 Jun 22	890	112	78
31 Mar 22	713	44	60
31 Dec 21	553	40	60
30 Sep 21	399	-129	54
30 Jun 21	331	-389	52
31 Mar 21	256	-487	47
31 Dec 20	273	-311	54
30 Sep 20	314	-172	34
30 Jun 20	362	126	42
31 Mar 20	436	272	53
31 Dec 19	469	71	52
30 Sep 19	451	268	44
30 Jun 19	458	230	35
31 Mar 19	447	176	28
31 Dec 18	420	225	22
30 Sep 18	353	13	21
30 Jun 18	264	-9	20
31 Mar 18	193	15	19
31 Dec 17	153	33	17
30 Sep 17	132	42	13
30 Jun 17	130	1,199	18
31 Mar 17	130	1,108	26
31 Dec 16	128	1,043	29
30 Sep 16	139	-431	35
30 Jun 16	167	-1,563	35
31 Mar 16	211	-1,579	38
31 Dec 15	252	-1,606	49
30 Sep 15	311	-553	52
30 Jun 15	395	-492	55
31 Mar 15	454	-512	57
31 Dec 14	493	-431	64
30 Sep 14	531	-11	72
30 Jun 14	511	-193	75
31 Mar 14	481	-114	79
31 Dec 13	430	-150	71
30 Sep 13	392	-202	72
30 Jun 13	346	-134	76
31 Mar 13	314	-112	76
31 Dec 12	313	-106	79
30 Sep 12	314	-78	80
30 Jun 12	321	-52	91

Quality Earnings: PVAE has a high level of non-cash earnings.

Growing Profit Margin: PVAE's current net profit margins (25.5%) are higher than last year (6.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PVAE has become profitable over the past 5 years, growing earnings by -3.7% per year.

Accelerating Growth: PVAE's earnings growth over the past year (538.3%) exceeds its 5-year average (-3.7% per year).

Earnings vs Industry: PVAE earnings growth over the past year (538.3%) exceeded the Oil and Gas industry 119.9%.

Return on Equity

High ROE: PVAE's Return on Equity (51.5%) is considered outstanding.

Return on Assets

Return on Capital Employed

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This company listing is no longer active

Ranger Oil Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

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

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

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

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

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

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

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
Beta