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Ranger Oil (Ranger Oil) Operating Margin % : 41.42% (As of Mar. 2023)


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What is Ranger Oil Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Ranger Oil's Operating Income for the three months ended in Mar. 2023 was $107 Mil. Ranger Oil's Revenue for the three months ended in Mar. 2023 was $257 Mil. Therefore, Ranger Oil's Operating Margin % for the quarter that ended in Mar. 2023 was 41.42%.

Good Sign:

Ranger Oil Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Ranger Oil's Operating Margin % or its related term are showing as below:

ROCC' s Operating Margin % Range Over the Past 10 Years
Min: -54.9   Med: 33.23   Max: 59.36
Current: 54.84


ROCC's Operating Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 7.85 vs ROCC: 54.84

Ranger Oil's 5-Year Average Operating Margin % Growth Rate was 4.90% per year.

Ranger Oil's Operating Income for the three months ended in Mar. 2023 was $107 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $627 Mil.


Ranger Oil Operating Margin % Historical Data

The historical data trend for Ranger Oil's Operating Margin % 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.

* Premium members only.

Ranger Oil Operating Margin % Chart

Ranger Oil Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.31 37.70 8.37 52.95 59.36

Ranger Oil Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.52 65.62 58.85 50.57 41.42

Competitive Comparison of Ranger Oil's Operating Margin %

For the Oil & Gas E&P subindustry, Ranger Oil's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ranger Oil's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Ranger Oil's Operating Margin % falls into.



Ranger Oil Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ranger Oil's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=677.652 / 1141.603
=59.36 %

Ranger Oil's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=106.631 / 257.431
=41.42 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ranger Oil Operating Margin % Related Terms

Thank you for viewing the detailed overview of Ranger Oil's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ranger Oil (Ranger Oil) Business Description

Traded in Other Exchanges
N/A
Address
16285 Park Ten Place, Suite 500, Houston, TX, USA, 77084
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.
Executives
Richard Alan Burnett director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Garrett Chunn director 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Kayla Baird officer: VP, CAO and Controller 16285 PARK TEN PLACE, SUITE 500, HOUSTON TX 77084
Edward Geiser director, 10 percent owner 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Joshua Schmidt director 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Kevin Cumming director 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Juniper Capital Iii Gp, L.p. 10 percent owner 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Juniper Capital Ii Gp, L.p. 10 percent owner 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Temitope Ogunyomi director 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Tim W Gray director 2727 ALLEN PARKWAY, SUITE 1850, HOUSTON TX 77019
Julia Gwaltney officer: Sr. Vice President-Development 16285 PARK TEN PLACE, SUITE 500, HOUSTON TX 77084
Darrin J. Henke director, officer: President and CEO 16285 PARK TEN PLACE, SUITE 500, HOUSTON TX 77084
Mangrove Partners Master Fund, Ltd. 10 percent owner 645 MADISON AVE, 14 FLOOR, NEW YORK NY 10022
Victor Frank Pottow director 16285 PARK TEN PLACE, SUITE 500, HOUSTON TX 77084
Darin G Holderness director 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079