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Today we are going to look at Ranger Energy Services, Inc. (NYSE:RNGR) to see whether it might be an attractive...
Ranger Energy Services, Inc. (RNGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ranger Oil Corporation (formerly Penn Virginia Corporation) is an independent oil and gas company engaged in the exploration, development and production of oil, NGLs and natural gas in various domestic onshore regions of the United States, with a primary focus in the Eagle Ford Shale in South Texas.
Davis worked in the energy industry for forty years, until he retired as the CEO of ETP and ETE in 2007. [2] [3] He remained with the company as a director and operates Avatar Investments LP, a Dallas-based investment firm. In 2008, Davis made his first appearance on the Forbes 400 list, ranking 367th with a net worth of $1 billion.
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Through the 1970s Ranger acquired production in Viking-Kinsella, Hawkins, Edson, and Rich-Fenn. The company drilled 60 wells, 40 of which produced gas, and one of which produced oil. In 1977 Ranger began exploration in Suffield, Elmworth, Pembina West, Poco Verger, and Gold River (all in Alberta), and Gopher, Wolf, and Osbamet in British Columbia.
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In 1998, the company acquired Domain Energy for $214 million. [4] The company also changed its name to Range Resources Corporation. In 1999, the company formed a 50-50 joint venture with FirstEnergy called Great Lakes Energy Partners LLC to own properties in the Appalachian Basin. In 2004, the company bought the 50% interest in the venture that ...
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