Ranger Oil Corp

Company Profile

Ranger Oil Corp had its IPO on 2021-01-05 under the ticker symbol ROCC.

The company operates in the Energy sector and Oil & Gas industry. Ranger Oil Corp has a staff strength of 136 employees.

Stock update

Shares of Ranger Oil Corp opened at $37.47 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $37.47 - $37.47, and closed at $37.47.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Ranger Oil Corp have slipped by -1.32%.

Ranger Oil Corp's Key Ratios

Ranger Oil Corp has a market cap of $712.30 million, indicating a price to book ratio of 1.6544 and a price to sales ratio of 0.723.

In the last 12-months Ranger Oil Corp’s revenue was $1.09 billion with a gross profit of $1.01 billion and an EBITDA of $937.51 million. The EBITDA ratio measures Ranger Oil Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ranger Oil Corp’s operating margin was 60.17% while its return on assets stood at 22.2% with a return of equity of 66.08%.

In Q1, Ranger Oil Corp’s quarterly earnings growth was a positive 237.2% while revenue growth was a positive 0.6%.

Ranger Oil Corp’s PE and PEG Ratio

Forward PE

3.0525

Trailing PE

2.741

PEG

0.0678

Its diluted EPS in the last 12-months stands at $13.67 per share while it has a forward price to earnings multiple of 3.0525 and a PEG multiple of 0.0678. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ranger Oil Corp’s profitability.

Ranger Oil Corp stock is trading at a EV to sales ratio of 1.205 and a EV to EBITDA ratio of 1.9146. Its price to sales ratio in the trailing 12-months stood at 0.723.

Ranger Oil Corp stock pays annual dividends of $0.225 per share, indicating a yield of 0.8% and a payout ratio of 3.26%.

Balance sheet and cash flow metrics

Total Assets

$2.09 billion

Total Liabilities

$272.08 million

Operating Cash Flow

$-171017000.00

Capital Expenditure

$171.46 million

Dividend Payout Ratio

3.26%

Ranger Oil Corp ended 2024 with $2.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.09 billion while shareholder equity stood at $531.84 million.

Ranger Oil Corp ended 2024 with $8.34 million in deferred long-term liabilities, $272.08 million in other current liabilities, 531838000.00 in common stock, $314.80 million in retained earnings and $0 in goodwill. Its cash balance stood at $12.35 million and cash and short-term investments were $12.35 million. The company’s total short-term debt was $11,043,000 while long-term debt stood at $629.48 million.

Ranger Oil Corp’s total current assets stands at $194.30 million while long-term investments were $216000.00 and short-term investments were $0. Its net receivables were $137.81 million compared to accounts payable of $50.37 million and inventory worth $16.31 million.

In 2024, Ranger Oil Corp's operating cash flow was $-171017000.00 while its capital expenditure stood at $171.46 million.

Comparatively, Ranger Oil Corp paid $0.03 in dividends in 2024.

Other key metrics

Current Trading Price

$37.47

52-Week High

$45.5262

52-Week Low

$27.1029

Analyst Target Price

$50.8

Ranger Oil Corp stock is currently trading at $37.47 per share. It touched a 52-week high of $45.5262 and a 52-week low of $45.5262. Analysts tracking the stock have a 12-month average target price of $50.8.

Its 50-day moving average was $39.34 and 200-day moving average was $39.44 The short ratio stood at 9.16 indicating a short percent outstanding of 0%.

Around 63.9% of the company’s stock are held by insiders while 8429.5% are held by institutions.