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Recap: Ranger Oil Q2 Earnings

Author: Benzinga Insights | August 02, 2022 05:23pm

Ranger Oil (NASDAQ:ROCC) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Ranger Oil beat estimated earnings by 114.56%, reporting an EPS of $5.6 versus an estimate of $2.61.

Revenue was up $189.79 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $2.39 which was followed by a 2.59% drop in the share price the next day.

Here's a look at Ranger Oil's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.29 1.70 1.19 0.84
EPS Actual 4.68 1.73 1.15 1.05
Revenue Estimate 209.23M 190.00M 122.32M 104.80M
Revenue Actual 256.45M 225.18M 141.06M 124.70M

To track all earnings releases for Ranger Oil visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ROCC