Ranger Energy Services (RNGR) Minority Interest (2017 - 2021)
Ranger Energy Services' (RNGR) quarterly Minority Interest came in at $61.5 million in Q3 2021, down 29.23% YoY from $86.9 million in Q3 2020, and down 10.74% on a QoQ basis from $68.9 million in Q2 2021.
Ranger Energy Services (RNGR) Minority Interest (2017 - 2021) Analysis & Trends
Ranger Energy Services (RNGR) has 5 years of Minority Interest data on file, last reported at $61.5 million in Q3 2021.
- Quarterly Minority Interest fell 29.23% year-over-year to $61.5 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $61.5 million (down 29.23% YoY) and the FY2020 annual result came in at $82.9 million, down 7.68% from the prior year.
- Minority Interest slipped to $61.5 million in Q3 2021, from $68.9 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $94.4 million in Q3 2017 to a low of $61.5 million in Q3 2021.
- A 5-year average of $85.9 million and a median of $88.9 million in 2019 frame the typical range for Minority Interest.
- Annual changes were most pronounced in 2019 — Minority Interest rose 4.68% — and 2021, when it slipped 29.23%.
- Tracing RNGR's Minority Interest over 5 years: 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 | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Ranger Energy Services | 406.36 Mn | 402.16 Mn | 33.80 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 |