HOUSTON (AP) — HOUSTON (AP) — Ranger Oil Corporation (ROCC) on Monday reported first-quarter profit of $52 million.
The Houston-based company said it had net income of $2.67 per share. Earnings, adjusted for non-recurring costs, came to $4.33 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The company posted revenue of $258.1 million in the period.
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, source Associated Press News