Investing.com - Ranger Oil reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ranger Oil announced earnings per share of $5.26 on revenue of $305.09M. Analysts polled by Investing.com anticipated EPS of $3.30 on revenue of $288.83M.
Ranger Oil shares are up 17.79% from the beginning of the year , still down 24.89% from its 52 week high of $53.59 set on Wednesday, June 8, 2022.
Ranger Oil shares gained 0.50% in after-hours trade the report.
Ranger Oil follows other major Energy sector earnings this month
Ranger Oil's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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