Ranger Oil Corporation

NasdaqGS:ROCC Stock Report

Market Cap: US$1.6b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

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 22.3% 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 Growth33.7%
Revenue growth rate26.5%
Return on equity51.5%
Net Margin25.5%
Last Earnings Update31 Mar 2023

Recent past performance updates

Recent updates

Ranger Oil Corporation (NASDAQ:ROCC) Screens Well But There Might Be A Catch

Mar 18
Ranger Oil Corporation (NASDAQ:ROCC) Screens Well But There Might Be A Catch

A Look At The Intrinsic Value Of Ranger Oil Corporation (NASDAQ:ROCC)

Feb 19
A Look At The Intrinsic Value Of Ranger Oil Corporation (NASDAQ:ROCC)

Ranger Oil reports Q3 prelim total sales above its guidance range

Oct 20

Ranger Oil expands borrowing base under credit facility to $950M

Sep 28

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

Sep 10

We Think Ranger Oil (NASDAQ:ROCC) Can Stay On Top Of Its Debt

Aug 25
We Think Ranger Oil (NASDAQ:ROCC) Can Stay On Top Of Its Debt

Ranger Oil: Eagle Ford Pure-Play Has Further Upside

Aug 23

Ranger Oil: Racing Towards New Highs

Jul 29

Estimating The Intrinsic Value Of Ranger Oil Corporation (NASDAQ:ROCC)

Jul 29
Estimating The Intrinsic Value Of Ranger Oil Corporation (NASDAQ:ROCC)

Ranger Oil initiates $0.075 quarterly dividend

Jul 08

Ranger Oil: Bolt-On Acquisitions Add To Its Production

May 26

Ranger Oil's (NASDAQ:ROCC) Solid Profits Have Weak Fundamentals

Mar 15
Ranger Oil's (NASDAQ:ROCC) Solid Profits Have Weak Fundamentals

Ranger Oil: Reviewing Its Outlook For 2022

Mar 13

Estimating The Fair Value Of Ranger Oil Corporation (NASDAQ:ROCC)

Feb 20
Estimating The Fair Value Of Ranger Oil Corporation (NASDAQ:ROCC)

Revenue & Expenses Breakdown

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

Earnings and Revenue History

NasdaqGS:ROCC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 231,095280790
31 Dec 221,093218770
30 Sep 221,047201750
30 Jun 22890112780
31 Mar 2271344600
31 Dec 2155340600
30 Sep 21399-129540
30 Jun 21331-389520
31 Mar 21256-487470
31 Dec 20273-311540
30 Sep 20314-172340
30 Jun 20362126420
31 Mar 20436272530
31 Dec 1946971520
30 Sep 19451268440
30 Jun 19458230350
31 Mar 19447176280
31 Dec 18420225220
30 Sep 1835313210
30 Jun 18264-9200
31 Mar 1819315190
31 Dec 1715333170
30 Sep 1713242130
30 Jun 171301,199180
31 Mar 171301,108260
31 Dec 161281,043290
30 Sep 16139-431350
30 Jun 16167-1,563350
31 Mar 16211-1,579380
31 Dec 15252-1,606490
30 Sep 15311-553520
30 Jun 15395-492550
31 Mar 15454-512570
31 Dec 14493-431640
30 Sep 14531-11720
30 Jun 14511-193750
31 Mar 14481-114790
31 Dec 13430-150710
30 Sep 13392-202720
30 Jun 13346-134760
31 Mar 13314-112760
31 Dec 12313-106790
30 Sep 12314-78800
30 Jun 12321-52910

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

Growing Profit Margin: ROCC'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: ROCC has become profitable over the past 5 years, growing earnings by -3.7% per year.

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

Earnings vs Industry: ROCC earnings growth over the past year (538.3%) exceeded the Oil and Gas industry 104.3%.

Return on Equity

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

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/21 08:26
End of Day Share Price 2023/06/16 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Jeffrey RobertsonBarclays
Phillip JungwirthBMO Capital Markets Equity Research
Daniel McSpiritBMO Capital Markets Equity Research