Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ranger Oil's share price for the quarter that ended in Mar. 2023 was $40.84. Ranger Oil's Shares Outstanding (EOP) for the quarter that ended in Mar. 2023 was 19 Mil. Therefore, Ranger Oil's market cap for the quarter that ended in Mar. 2023 was $776 Mil.
Ranger Oil's quarterly market cap
increased
from Sep. 2022 ($611 Mil) to Dec. 2022 ($771 Mil) and
increased
from Dec. 2022 ($771 Mil) to Mar. 2023 ($776 Mil).
Ranger Oil's annual market cap
increased
from Dec. 2020 ($154 Mil) to Dec. 2021 ($568 Mil) and
increased
from Dec. 2021 ($568 Mil) to Dec. 2022 ($771 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ranger Oil's Enterprise Value for Today is $1,344 Mil.
Ranger Oil Market Cap Historical Data
The historical data trend for Ranger Oil's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Ranger Oil's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ranger Oil's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ranger Oil's Market Cap distribution charts can be found below:
* The bar in red indicates where Ranger Oil's Market Cap falls into.
Ranger Oil Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ranger Oil's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ranger Oil (NAS:ROCC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ranger Oil Market Cap Related Terms
Thank you for viewing the detailed overview of Ranger Oil's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ranger Oil Corp is a pure-play independent oil and gas company engaged in the development and production of oil, NGLs, and natural gas, with operations in the Eagle Ford shale in south Texas.
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