Ranger Energy Services (RNGR) Minority Interest (2017 - 2021)
Ranger Energy Services' Minority Interest came in at $61.5 million for Q3 2021, down 29.2% from $86.9 million a year earlier and down 10.7% from the prior quarter.
Ranger Energy Services (RNGR) Minority Interest (2017 - 2021) Analysis & Trends
At the end of FY2020, Ranger Energy Services' Minority Interest was $82.9 million, down 7.7% from FY2019.
- Minority Interest has declined in each of the last three years, with a three-year compound annual growth rate of -3.4% (FY2017 to FY2020).
- Going back by year, Minority Interest was $89.8 million in FY2019 (-0.3%), $90.1 million in FY2018 (-2.1%) and $92 million in FY2017.
- The Q3 2021 figure represents the lowest quarterly Minority Interest in data going back to Q3 2017.
- Year-over-year, Minority Interest has declined for five consecutive quarters, with an average decline of 9.4% over the last eight quarters.
- The fastest year-over-year change in Minority Interest over five years came in Q1 2019 (growth of 4.7%), and the weakest in Q3 2021 (a decline of 29.2%).
- Business Quant data shows RNGR's Minority Interest at $68.9 million (Q2 2021), $78.5 million (Q1 2021) and $82.9 million (Q4 2020) in the three quarters before Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Ranger Energy Services | 359.45 Mn | 292.85 Mn | 33.80 Mn |
Historic 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 |
Ranger Energy Services Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=RNGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "RNGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=RNGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();