Ranger Energy Services (RNGR) Minority Interest (2017 - 2021)
Ranger Energy Services (RNGR) reported Minority Interest of $61.5 million for Q3 2021, down 29.23% on a YoY basis from $86.9 million in Q3 2020, and down 10.74% quarter-over-quarter from $68.9 million in Q2 2021.
Ranger Energy Services (RNGR) Minority Interest (2017 - 2021) Analysis & Trends
Ranger Energy Services has reported Minority Interest for 5 years, with the latest figure at $61.5 million in Q3 2021.
- For the quarter ending Q3 2021, Minority Interest fell 29.23% year-over-year to $61.5 million; the trailing twelve-month figure through Sep 2021 stood at $61.5 million (down 29.23% YoY), and the FY2020 full-year result was $82.9 million, down 7.68% from the prior year.
- Minority Interest for Q3 2021 stood at $61.5 million, down from $68.9 million in the prior quarter.
- The five-year high for Minority Interest was $94.4 million in Q3 2017, with the low at $61.5 million in Q3 2021.
- Historically, Minority Interest has averaged $85.9 million across 5 years, with a median of $88.9 million in 2019.
- Annual changes were most pronounced in 2019 — Minority Interest rose 4.68% — and 2021, when it slipped 29.23%.
- Ranger Energy Services' Minority Interest stood at $92.0 million in 2017, then dropped by 2.07% to $90.1 million in 2018, then decreased by 0.33% to $89.8 million in 2019, then retreated by 7.68% to $82.9 million in 2020, then decreased by 25.81% to $61.5 million in 2021.
- The last three Minority Interest figures came in at $61.5 million (Q3 2021), $68.9 million (Q2 2021), and $78.5 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Ranger Energy Services | 364.22 Mn | 357.32 Mn | 28.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 61.50 Mn |
| Jun 30, 2021 | 68.90 Mn |
| Mar 31, 2021 | 78.50 Mn |
| Dec 31, 2020 | 82.90 Mn |
| Sep 30, 2020 | 86.90 Mn |
| Jun 30, 2020 | 89.30 Mn |
| Mar 31, 2020 | 93.40 Mn |
| Dec 31, 2019 | 89.80 Mn |
| Sep 30, 2019 | 88.50 Mn |
| Jun 30, 2019 | 88.90 Mn |
| Mar 31, 2019 | 91.70 Mn |
| Dec 31, 2018 | 90.10 Mn |
| Sep 30, 2018 | 89.30 Mn |
| Jun 30, 2018 | 87.40 Mn |
| Mar 31, 2018 | 87.60 Mn |
| Dec 31, 2017 | 92.00 Mn |
| Sep 30, 2017 | 94.40 Mn |