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home / news releases / ROCC - Ranger Oil: Reviewing Its Outlook For 2022

ROCC - Ranger Oil: Reviewing Its Outlook For 2022

Roth CH Acquisition II Co.
  • Ranger may be able to generate a bit over $300 million in positive cash flow in 2022 at current strip (around $100 WTI oil).
  • It should be able to pay off its credit facility debt during the year even if it spends money on share repurchases.
  • Ranger appears to be fairly valued for a long-term low-$70s WTI oil environment.
  • It claims to have around 20 years of drilling inventory, including 14 years of inventory with a breakeven of $50 WTI or less.

For further details see:

Ranger Oil: Reviewing Its Outlook For 2022
Stock Information
Company Name: Roth CH Acquisition II Co.
Stock Symbol: ROCC
Market: NASDAQ
Website: rangeroil.com
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