Ranger Oil Corp. today announced that the shareholders of Ranger voted in favor of all proposals associated with the previously announced merger with Baytex Energy Corp. . More than 99 percent of the votes cast were in favor of the transaction. About Ranger Oil Corporation Ranger Oil is a pure-play independent oil and gas company engaged in the development and production of oil, NGLs and natural gas, with operations in [...]
Ranger Oil Corp. today announced financial and operational results for the first quarter of 2023. First Quarter Highlights Total sales volumes of 48.7 thousand barrels of oil equivalent per day and crude oil sales volumes of 35.5 thousand barrels of oil per day for the first quarter of 2023 Net income of $113.8 million and adjusted net income of $84.6 million Adjusted EBITDAX of $187.9 million Net cash provided by [...]
Ranger Oil Corp. announced that the Board declared a cash dividend of $0.075 per share of Class A common stock payable May 30, 2023 to Class A common stockholders of record as of the close of business on May 22, 2023. About Ranger Oil Corporation Ranger Oil 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 [...]
Ranger Oil Corp. today announced that its Board of Directors declared a quarterly cash dividend of $0.075 per share and also announced that it will release Fourth Quarter and Full-Year 2022 earnings after market close on Wednesday, March 8, 2023. Quarterly Dividend Ranger Oil's Board of Directors declared a cash dividend, with respect to the quarter ended December 31, 2022, of $0.075 per share of Class A common stock. The [...]
Ranger Shareholders to Receive $13.31 of cash and 7.49 shares of Baytex per Ranger Share Pro Forma Company will trade on both the NYSE and TSX Ranger Oil Corp. today announced that it has entered into a definitive agreement to combine with Baytex Energy Corp. in a cash and stock transaction. Under the terms of the agreement, Ranger shareholders will receive a fixed ratio of 7.49 shares of Baytex and $13.31 in cash for [...]
Ranger Oil Corp. today published its inaugural Environmental, Social and Governance Report, which provides key information on the Company's ESG practices and initiatives. The report is available on the "Sustainability" page of the Company's website at www.RangerOil.com. "Ranger's Board of Directors and management share a commitment to sustainability and minimizing the environmental impact of our operations while creating [...]
Exceeded high-end of sales volumes guidance with D&C capital expenditures within guidance Closed additional bolt-on acquisitions and updated share repurchase progress Declares dividend of $0.075/share Increased full-year 2022 sales volumes outlook and updated D&C capital expenditure guidance Ranger Oil Corp. today announced financial and operational results for the third quarter of 2022. A conference call and webcast to [...]
Total sales volumes above high-end of guidance Drilling and completion capital expenditures within guidance Company adds third rig in Q4, creating significant momentum for 2023 Approximately $70 million returned to equity holders since May, reducing share count by nearly 5% Ranger Oil Corp. today provided a preliminary update on its third quarter 2022 financial and operating results. Complete results are planned for [...]
Represents 60% increase year-to-date 2022 Ranger Oil Corp. today announced an increase in its borrowing base under its revolving credit facility to $950 million, reflecting its ongoing growth in producing reserves, while simultaneously reducing leverage. This was the third announced increase year-to-date, totaling approximately 60%. Ranger chose to increase its elected commitment amount by 25% to $500 million, consistent [...]
Achieved high-end of sales volumes guidance Closed additional bolt-on acquisitions and updated share repurchase progress Increased full-year 2022 sales volumes outlook and updated capital guidance Ranger Oil Corp. today announced financial and operational results for the second quarter of 2022. Second Quarter Highlights: Achieved upper-end of quarterly sales guidance with total sales of 38.5 thousand barrels of oil [...]
Ranger Oil Corp. plans to release its second quarter 2022 financial and operating results after market close on Tuesday, August 2, 2022. A conference call and webcast to discuss the results is planned for 10 a.m. ET on Wednesday, August 3, 2022. In addition to the release, supplemental slides will be available on Ranger's website at www.rangeroil.com. To participate in the conference call, please dial 707-6931 317-9248 [...]