Ranger Energy Services (RNGR) Minority Interest (2017 - 2021)
Ranger Energy Services (RNGR) posted Minority Interest of $61.5 million for Q3 2021, down 10.74% on a QoQ basis from $68.9 million in Q2 2021, and down 29.23% year-over-year from $86.9 million in Q3 2020.
Ranger Energy Services (RNGR) Minority Interest (2017 - 2021) Analysis & Trends
Ranger Energy Services' Minority Interest history runs 5 years deep, the most recent figure standing at $61.5 million for 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 was $61.5 million for Q3 2021 at Ranger Energy Services, down from $68.9 million in the prior quarter.
- Across five years, Minority Interest topped out at $94.4 million in Q3 2017 and bottomed at $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 climbed 4.68% — and 2021, when it fell 29.23%.
- Ranger Energy Services' Minority Interest stood at $92.0 million in 2017, then fell by 2.07% to $90.1 million in 2018, then dropped by 0.33% to $89.8 million in 2019, then slipped by 7.68% to $82.9 million in 2020, then dropped by 25.81% to $61.5 million in 2021.
- Business Quant data shows RNGR's Minority Interest at $61.5 million in Q3 2021, $68.9 million in Q2 2021, and $78.5 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Ranger Energy Services | 371.64 Mn | 364.74 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 |