ROCC
Price:
$37.47
Market Cap:
$712.26M
Ranger Oil Corporation operates as an independent energy enterprise, specializing in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas throughout the United States. Its operations primarily involve drilling specialized horizontal development wells and managing active production wells, with a significant presence in South Texas's Eagle Ford Shale region. As of December 31, 2021, the company possessed total proved reserves amounting to approximately 241 million barrels of oil equivalent. Furthermore, it oversaw 860 gross productive wells and controlled around 172,000 gross acres through various leasehold and royalty agreements. Established ...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2016-11-16
Stock Exchange
NASDAQ
Ticker
ROCC
According to Ranger Oil Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.60. This represents a change of -6.13% compared to the average of 0.64 of the last 4 quarters.
The mean historical Current Ratio of Ranger Oil Corporation over the last ten years is 0.76. The current 0.60 Current Ratio has changed 7.76% with respect to the historical average. Over the past ten years (40 quarters), ROCC's Current Ratio was at its highest in in the March 2020 quarter at 1.58. The Current Ratio was at its lowest in in the March 2016 quarter at 0.09.
Average
0.76
Median
0.70
Minimum
0.12
Maximum
1.21
Discovering the peaks and valleys of Ranger Oil Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 399.73%
Maximum Annual Current Ratio = 1.21
Minimum Annual Increase = -88.42%
Minimum Annual Current Ratio = 0.12
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.60 | -13.18% |
| 2021 | 0.69 | -33.13% |
| 2020 | 1.04 | 51.50% |
| 2019 | 0.68 | -43.42% |
| 2018 | 1.21 | 71.89% |
| 2017 | 0.70 | 13.16% |
| 2016 | 0.62 | 399.73% |
| 2015 | 0.12 | -88.42% |
| 2014 | 1.07 | 18.53% |
| 2013 | 0.91 | 5.08% |
The current Current Ratio of Ranger Oil Corporation (ROCC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.78
5-year avg
0.84
10-year avg
0.76
Ranger Oil Corporation’s Current Ratio is less than National Energy Services Reunited Corp. (1.04), less than SilverBow Resources, Inc. (1.05), less than Tellurian Inc. (0.66), less than Octave Specialty Group, Inc. (1.19), less than Tsakos Energy Navigation Limited (1.30), less than NPK International Inc. (1.58), less than Innovex International, Inc. (5.10), less than Summit Midstream Partners, LP (0.73), less than Solaris Energy Infrastructure, Inc. (1.11), less than GasLog Partners LP (0.84),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.04 | $2.47B | |
| 1.05 | $940.37M | |
| 0.66 | $892.98M | |
| 1.19 | $259.28M | |
| 1.30 | $539.36M | |
| 1.58 | $1.34B | |
| 5.10 | $1.76B | |
| 0.73 | $405.18M | |
| 1.11 | $5.95B | |
| 0.84 | $404.92M |
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