Ranger Oil Tops Q1 Earnings Estimates
| ROCCDelisted Stock | USD 37.47 0.00 0.00% |
About 56% of Ranger Oil's investor base is looking to short. The analysis of current outlook of investing in Ranger Oil Corp suggests that many traders are alarmed regarding Ranger Oil's prospects. The current market sentiment, together with Ranger Oil's historical and current headlines, can help investors time the market. In addition, many technical investors use Ranger Oil Corp stock news signals to limit their universe of possible portfolio assets.
Ranger |
Ranger Oil delivered earnings and revenue surprises of 71.15 percent and 2.14, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock
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Ranger Oil Fundamental Analysis
We analyze Ranger Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ranger Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ranger Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Ranger Oil is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Ranger Oil Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ranger Oil stock to make a market-neutral strategy. Peer analysis of Ranger Oil could also be used in its relative valuation, which is a method of valuing Ranger Oil by comparing valuation metrics with similar companies.
Peers
Ranger Oil Related Equities
| OBE | Obsidian Energy | 2.33 | ||||
| REI | Ring Energy | 2.00 | ||||
| VTLE | Vital Energy | 1.80 | ||||
| CIVI | Civitas Resources | 1.36 | ||||
| CRK | Comstock Resources | 0.97 | ||||
| CNQ | Canadian Natural | 0.96 | ||||
| SD | SandRidge Energy | 0.95 | ||||
| MTDR | Matador Resources | 0.76 | ||||
| VET | Vermilion Energy | 0.59 | ||||
| PR | Permian Resources | 0.45 | ||||
| MGY | Magnolia Oil | 0.22 | ||||
| MUR | Murphy Oil | 0.18 |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Ranger Stock
If you are still planning to invest in Ranger Oil Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ranger Oil's history and understand the potential risks before investing.
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