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home / news releases / ROCC - Ranger Oil: Significant Debt Reduction Expected In 2022

ROCC - Ranger Oil: Significant Debt Reduction Expected In 2022

Roth CH Acquisition II Co.
  • Ranger looks capable of generating over $300 million in positive cash flow in 2022 at strip prices.
  • This would reduce its leverage below 0.5x and put it on track to redeem its high-interest 9.25% unsecured bonds due 2026 in 2023.
  • Ranger's stock and bonds both look like decent values at current levels.

For further details see:

Ranger Oil: Significant Debt Reduction Expected In 2022
Stock Information
Company Name: Roth CH Acquisition II Co.
Stock Symbol: ROCC
Market: NASDAQ
Website: rangeroil.com
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