ROCC / Ranger Oil: Expects To Reach 50,000 BOEPD In Production During 2023

Ranger Oil (ROCC) came out with quarterly earnings of $4.33 per share, beating the Zacks Consensus Estimate of $2.53 per share. This compares to earni more_horizontal

Ranger Oil (ROCC) delivered earnings and revenue surprises of 76.60% and 2.46%, respectively, for the quarter ended December 2022. Do the numbers hold more_horizontal

Juniper is clearly playing to win the long game. Buying cheap acreage and then showing above average profitability takes time. more_horizontal

Ranger Oil is expected to get an FY22 EPS of $10, which could increase to $15 by FY24. Eagle Ford consolidator has a history of a high rate of return more_horizontal

Ranger Oil expects roughly 7% to 8% production growth in Q4 2022 compared to Q3 2022. It may average 6% higher production in 2023 compared to Q4 2022, more_horizontal

Ranger Oil Corporation (NASDAQ:ROCC ) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Russell Kelley - CFO Darrin H more_horizontal

Ranger Oil has been spending on bolt-on acquisitions and share repurchases. Ranger is expecting strong 2H 2022 production growth, with average product more_horizontal

Ranger has added 20,000 net acres via 8 bolt-on acquisitions this year. The company's board has approved $140 million for share repurchases through Ju more_horizontal