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Ranger Oil (Ranger Oil) Momentum Rank : 0 (As of May. 05, 2024)


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What is Ranger Oil Momentum Rank?

Ranger Oil has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Ranger Oil Momentum Rank Related Terms

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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