ROCC · Ranger Oil Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '20 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $258.15M | - | $305.09M | $314.49M | $256.45M | - | $141.06M | $124.70M | $91.38M | - |
| Cost of Revenue | - | - | - | $8.64M | $9.04M | - | $5.69M | $5.17M | $5.44M | - |
| Gross Profit | - | - | - | $305.85M | $247.41M | - | $135.37M | $119.53M | $85.94M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $12.67M | - | $9.83M | $10.63M | $9.78M | - | $10.93M | $6.99M | $7.23M | - |
| Total Operating Expenses | $154.18M | - | $126.65M | $109.25M | $100.95M | - | $65.78M | $57.40M | $70.08M | - |
| D&A | $85.30M | - | $66.20M | $54.29M | $50.89M | - | $30.98M | $28.80M | $40.72M | - |
| Operating Income | $103.97M | - | $178.44M | $205.25M | $155.50M | - | $75.28M | $67.30M | $21.30M | - |
| Interest Expense | $14.72M | - | $13.16M | $11.04M | $10.70M | - | $10.58M | $5.30M | $8.18M | - |
| Income Tax | $991.0K | - | $2.10M | $1.30M | ($200.0K) | - | $500.0K | $200.0K | $1.14M | - |
| Net Income | $52.00M | - | $106.24M | $71.18M | ($9.98M) | - | $17.39M | ($94.72M) | $163.09M | - |
| EPS - Basic | $2.74 | - | $5.38 | $3.41 | ($0.47) | - | $1.13 | $0.20 | $10.76 | - |
| EPS - Diluted | $2.67 | - | $5.26 | $3.33 | ($0.47) | - | $1.11 | $0.20 | $10.76 | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '20 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.35M | $7.59M | $20.34M | $34.45M | $6.36M | $23.68M | $35.26M | $49.69M | $11.87M | $13.02M |
| Accounts Receivable | $138.55M | $139.72M | $147.82M | $201.36M | $154.18M | $118.59M | $87.77M | $79.61M | $66.37M | $42.56M |
| Inventory | $16.30M | $19.34M | $10.50M | $11.09M | $13.03M | $10.30M | $6.01M | $7.02M | $4.04M | $3.86M |
| Accounts Payable | $50.37M | $58.59M | $31.14M | $31.16M | $32.46M | $32.45M | $34.32M | $30.70M | $29.14M | $7.05M |
| Current Assets | $194.30M | $200.47M | $213.13M | $275.71M | $197.56M | $186.15M | $151.91M | $148.08M | $110.88M | $153.42M |
| Total Assets | $2.09B | $2.01B | $1.94B | $1.83B | $1.62B | $1.58B | $1.42B | $989.88M | $913.13M | $907.33M |
| Current Liabilities | $272.08M | $333.54M | $339.73M | $445.66M | $397.12M | $268.88M | $222.92M | $205.00M | $151.78M | $148.19M |
| Long-term Debt | $629.48M | $604.08M | $603.46M | $565.33M | $521.78M | $601.25M | $739.33M | $372.05M | $363.56M | $509.50M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $531.84M | $484.40M | $446.34M | $368.49M | $314.02M | $323.53M | $173.19M | $154.94M | $684.32M | $212.84M |
| Retained Earnings | $314.80M | $264.26M | $215.47M | $110.78M | $39.60M | $49.58M | $16.21M | ($1.17M) | ($4.22M) | $9.35M |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '20 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $160.25M | - | - | - | $133.84M | - | - | - | $72.47M | - |
| Investing Cash Flow | ($171.02M) | - | - | - | ($70.52M) | - | - | - | ($61.94M) | - |
| Financing Cash Flow | $15.53M | - | - | - | ($80.64M) | - | - | - | $37.00M | - |
| CapEx | - | - | - | - | $71.17M | - | - | - | $62.02M | - |
| Free Cash Flow | - | - | - | - | $62.66M | - | - | - | $10.46M | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '20 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | 97.3% | 96.5% | - | 96.0% | 95.9% | 94.0% | - |
| Operating margin | 40.3% | - | 58.5% | 65.3% | 60.6% | - | 53.4% | 54.0% | 23.3% | - |
| EBITDA margin | 73.3% | - | 80.2% | 82.5% | 80.5% | - | 75.3% | 77.1% | 67.9% | - |
| Net margin | 20.1% | - | 34.8% | 22.6% | -3.9% | - | 12.3% | -76.0% | 178.5% | - |
| Free cash flow margin | - | - | - | - | 24.4% | - | - | - | 11.4% | - |
| FCF / Net income | - | - | - | - | -6.28 | - | - | - | 0.06 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.9% | - | 3.2% | 3.4% | 3.8% | - | 7.7% | 5.6% | 7.9% | - |
| Effective tax rate | 1.9% | - | 1.9% | 1.8% | - | - | 2.8% | - | 0.7% | - |
| Return on assets | 2.5% | - | 5.5% | 3.9% | -0.6% | - | 1.2% | -9.6% | 17.9% | - |
| Return on equity | 9.8% | - | 23.8% | 19.3% | -3.2% | - | 10.0% | -61.1% | 23.8% | - |
| Return on invested capital | 8.8% | - | 16.7% | 21.6% | 14.7% | - | 8.0% | 10.1% | 2.0% | - |
| Liquidity | ||||||||||
| Current ratio | 0.71 | 0.60 | 0.63 | 0.62 | 0.50 | 0.69 | 0.68 | 0.72 | 0.73 | 1.04 |
| Quick ratio | 0.65 | 0.54 | 0.60 | 0.59 | 0.46 | 0.65 | 0.65 | 0.69 | 0.70 | 1.01 |
| Cash ratio | 0.05 | 0.02 | 0.06 | 0.08 | 0.02 | 0.09 | 0.16 | 0.24 | 0.08 | 0.09 |
| Leverage | ||||||||||
| Debt / Equity | 1.18 | 1.25 | 1.35 | 1.53 | 1.66 | 1.86 | 4.27 | 2.40 | 0.53 | 2.39 |
| Debt / Assets | 0.30 | 0.30 | 0.31 | 0.31 | 0.32 | 0.38 | 0.52 | 0.38 | 0.40 | 0.56 |
| Debt / EBITDA | 3.33 | - | 2.47 | 2.18 | 2.53 | - | 6.96 | 3.87 | 5.86 | - |
| Interest coverage | 7.1x | - | 13.6x | 18.6x | 14.5x | - | 7.1x | 12.7x | 2.6x | - |
| Equity multiplier | 3.92 | 4.16 | 4.34 | 4.96 | 5.17 | 4.87 | 8.20 | 6.39 | 1.33 | 4.26 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.16 | 0.17 | 0.16 | - | 0.10 | 0.13 | 0.10 | - |
| Inventory turnover | - | - | - | 0.78 | 0.69 | - | 0.95 | 0.74 | 1.35 | - |
| Days sales outstanding | 196d | - | 177d | 234d | 219d | - | 227d | 233d | 265d | - |
| Days inventory outstanding | - | - | - | 468d | 526d | - | 386d | 496d | 271d | - |
| Days payable outstanding | - | - | - | 1317d | 1311d | - | 2203d | 2166d | 1954d | - |
| Cash conversion cycle | - | - | - | -615d | -565d | - | -1589d | -1438d | -1418d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.7% | - | 116.3% | 152.2% | - | - | 103.2% | 174.2% | -13.2% | - |
| Revenue CAGR (3y) | 41.4% | - | 36.7% | 36.8% | 34.6% | - | 60.0% | 50.9% | - | - |
| Revenue CAGR (5y) | 27.3% | - | - | - | - | - | 39.5% | 27.4% | 4.2% | - |
| Gross profit growth (YoY) | - | - | - | 155.9% | - | - | 112.7% | 199.6% | -15.6% | - |
| Operating income growth (YoY) | -33.1% | - | 137.0% | 205.0% | - | - | - | - | -44.9% | - |
| Net income growth (YoY) | - | - | 511.0% | - | - | - | - | 0.0% | - | - |
| EPS growth (YoY) | - | - | 373.9% | 1565.0% | - | - | - | - | - | - |
| EPS CAGR (3y) | -37.2% | - | 13.6% | -0.7% | - | - | - | -48.0% | - | - |
| EPS CAGR (5y) | 7.5% | - | - | - | - | - | -36.0% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 69.4% | 49.7% | 157.7% | 137.8% | - | 52.0% | -50.2% | -73.8% | 67.3% | -59.1% |
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing Ranger Oil Corp against the 5 most active filers in the same SIC group.