Ranger Energy Services

Ranger Energy Services, Inc. engages in the provision of service rigs and associated services. It operates through the following segments: High Specification Rigs, Completion and Other Services, and Processing Solutions. The High Specification Rig segment offers service rigs and complementary equipment and services. The Completion and Other Services segment consists of wireline and snubbing lines of business. The Processing Solutions segment includes rental, installation, commissioning, start-up, operation and maintenance of mechanical refrigeration units, natural gas liquid (NGL) stabilizer units, NGL storage units, and related equipment. The company was founded in 2014 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ranger Energy Services excels in Q4 2022, targets debt reduction and shareholder value

Ranger Energy Services delivered outstanding financial results in Q4 2022, showcasing robust revenue growth, improved profitability, and a clear focus on debt reduction and shareholder returns.
Despite facing challenges from external factors and debt management goals, the company remains well-positioned to capitalize on opportunities for growth, M&A, and value creation in the energy services sector.
With a strategic outlook for 2023 emphasizing revenue targets, EBITDA projections, and capital allocation strategies, Ranger Energy Services aims to sustain its financial performance and drive long-term shareholder value.

Ranger Energy Services reports stellar Q1 performance and eyes growth

Ranger Energy Services excelled in Q1 2023, with notable revenue growth, margin improvements, and a strong focus on enhancing shareholder value. While facing potential challenges from market conditions and competition, the company remains optimistic about its future prospects, emphasizing strategic initiatives and growth opportunities.

Ranger Energy Services excels in Q2, eyes growth amid challenges

Ranger Energy Services delivered strong financial performance in Q2 2023, marked by revenue growth, improved net income, and debt reduction. The company's resilience in pricing and strategic initiatives like dividends and stock repurchases showcase its commitment to shareholder value enhancement.
Despite market challenges, Ranger remains optimistic about the future, expecting robust revenue growth and profitability in the second half of the year. Opportunities in oil basins, customer inquiries, and strategic investments position Ranger for continued success and expansion.
To address challenges like market volatility and operational efficiency, Ranger must maintain a balanced approach to cash deployment and growth strategies. By leveraging opportunities for revenue expansion and prudent financial management, Ranger can navigate challenges and drive sustainable growth.

Ranger Energy Services excels in Q3, eyes growth amidst challenges

Ranger Energy Services showcased robust financial performance and strategic resilience in Q3 2023 despite industry challenges.
Strategic initiatives like dividend initiation, share repurchases, and operational optimizations underscore commitment to shareholder value.
Proactive measures to assess intrinsic value, enhance operational efficiencies, and adapt to market dynamics position the company for sustainable growth.
Focus on agility, strategic planning, and operational excellence will be key in navigating industry uncertainties and seizing growth opportunities.

Ranger Energy Services reports record earnings, eyes long-term growth

Ranger Energy Services delivered strong financial results in 2023, focusing on cash flow, shareholder returns, and growth strategies.
Despite challenges in Q4 2023 and a slower start in Q1 2024, the company remains optimistic about long-term growth prospects.
Share repurchases, debt-free status, and sustainability efforts showcase Ranger's commitment to enhancing shareholder value and sustainable practices.
Navigating market dynamics and customer demands while capitalizing on growth opportunities are key priorities for Ranger Energy Services.

Ranger Energy Services faces challenges but remains optimistic for growth

Ranger Energy Services navigated a challenging Q1 2024 with lower revenues and EBITDA, primarily due to external market pressures and operational disruptions.
Despite these obstacles, the company remains positive about its future outlook, focusing on cost savings, operational adjustments, and shareholder value.
Identified opportunities in cost optimization, segment improvements, and margin recovery position Ranger for potential growth and enhanced profitability.
Maintaining a strong financial position and liquidity underscores Ranger's resilience and strategic readiness for future market dynamics.

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Ranger Energy Services, Inc. engages in the provision of service rigs and associated services. It operates through the following segments: High Specification Rigs, Wireline Services and Processing Solutions and Ancillary Services. The High Specification Rig segment offers service rigs and complementary equipment and services. The Wireline Services segment provides services necessary to bring and maintain a well on production and consists of wireline completion, wireline production, and pump down lines of business. The Processing Solutions and Ancillary Services segment provides other services often utilized in conjunction with Rigs and Wireline Services segments. These services include equipment rentals, plug and abandonment, logistics hauling, processing solutions, as well as snubbing and coil tubing. The company was founded in 2014 and is headquartered in Houston, TX.

Ranger Energy Services has put in place a new share buyback program, and it also intends to initiate dividend payments after it meets its financial leverage target. RNGR's prior acquisitions have supported its capacity expansion and revenue growth plans, and it has highlighted that it will continue to focus on inorganic growth in the future.

Ranger Energy Services: Capital Allocation In The Spotlight

Ranger Energy (RNGR) delivered earnings and revenue surprises of -3.23% and 5.92%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Ranger Energy (RNGR) Q4 Earnings and Revenues Miss Estimates

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights – Revenue of $154.3 million, a 25% increase year-over-year – Net income of $7.6 million, or $0.30 per fully diluted share – Adjusted EBITDA1 of $21.6 million, a 137% increase year-over-year with free cash flow1 of $20.9 million. Full Year 2022 Highlights – Revenue of $608.

Ranger Energy Services, Inc. Announces Q4 2022 and Full Year 2022 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report fourth quarter and full year 2022 financial and operating results before the market opens for trading on March 7, 2023. Following the announcement, the Company's management will host a fourth quarter 2022 earnings conference call in the morning of March 7, 2023 at 10:00 a.m. Eastern time (9:00 a.m. Central time).

Ranger Energy Services, Inc. Announces Date for Fourth Quarter and Full Year 2022 Earnings Conference Call

Ranger Energy (RNGR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Ranger Energy (RNGR) Is Still Trading at a Bargain

Ranger Energy Services will benefit from the robust growth potential in the well servicing and wireline businesses. The company has the highest active high-spec rig count in the US in the wells servicing space.

Ranger Energy Services: Profitability And Relative Valuation Place It Attractively

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Ranger Energy (RNGR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Ranger Energy (RNGR) Is a Great Choice for Value Investors

Ranger Energy Services, Inc. (NYSE:RNGR ) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET Company Participants Shelley Weimer - VP, Reporting and Finance Melissa Cougle - CFO Stuart Bodden - CEO Conference Call Participants John Fichthorn - Dialectic Capital John Daniel - Daniel Energy Partners Luke Lemoine - Piper Sandler Derek Podhaizer - Barclays Don Crist - Johnson Rice Shelley Weimer Welcome to the Ranger Energy Services Third Quarter 2022 Investor Conference Call. I am Shelley Weimer, Vice President of Reporting and Finance.

Ranger Energy Services, Inc. (RNGR) Q3 2022 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for its fiscal quarter ended September 30, 2022.

Ranger Energy Services, Inc. Announces Q3 2022 Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today the appointment of Justin Whitley to the position of General Counsel and Corporate Secretary, effective October 24, 2022.

Ranger Energy Services Appoints Justin Whitley as General Counsel

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) intends to report third quarter 2022 financial and operating results and host an earnings conference call in the morning of Friday, October 28, 2022 at 10:00 a.m.

Ranger Energy Services, Inc. Announces Dates for Third Quarter 2022 Earnings Conference Call and November Investor Meetings

Ranger Energy Services, Inc. (NYSE:RNGR ) Q2 2022 Earnings Conference Call August 1, 2022 10:30 AM ET Company Participants Melissa Cougle - Chief Financial Officer Stuart Bodden - President & Chief Executive Officer Conference Call Participants Derek Podhaizer - Barclays John Daniel - Daniel Energy Partners Don Crist - Johnson Rice John Fichthorn - Dialectic Capital Operator Welcome to the Ranger Energy Services Second Quarter 2022 Investor Conference Call. All participants will be in listen-only mode until the question-and-answer portion of this call.

Ranger Energy Services, Inc. (RNGR) CEO Stuart Bodden on Q2 2022 Results - Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for its fiscal quarter ended June 30, 2022. – Revenues for the second quarter of 2022 were $153.6 million, an increase of $30.0 million, or 24%, from $123.6 million in the prior quarter and an increase of $103.6 million, or 207%, from the second quarter of 2021 as a result of increasing activity and pricing in all segments. – Net loss for the second quarter was $0.4 millio

Ranger Energy Services, Inc. Announces Q2 2022 Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report second quarter 2022 financial and operating results before the market opens for trading on Monday, August 1, 2022. Following the announcement, the Company's management will host a second quarter 2022 earnings conference call in the morning of August 1, 2022 at 10:30 a.m. Eastern time (9:30 a.m. Central time). Interested parties are invited to participate on the call by dialing 1-833-255-2829, or 1-412

Ranger Energy Services, Inc. Announces Date for Second Quarter 2022 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today the appointment of Melissa Cougle to the position of Chief Financial Officer (“CFO”), effective June 15, 2022. Ms. Cougle succeeds Brandon Blossman, who will be stepping down as Ranger's CFO to pursue other opportunities, effective June 10, 2022. Ms. Cougle brings nearly two decades of finance leadership experience in the energy and oilfield services industry, including CFO roles at F

Ranger Energy Services Appoints Melissa Cougle as New Chief Financial Officer

Ranger Energy Services, Inc. (NYSE:RNGR ) Q1 2022 Results Earnings Conference Call April 29, 2022 9:30 AM ET Company Participants Stuart Bodden - President & Chief Executive Officer Brandon Blossman - Chief Financial Officer Conference Call Participants Don Crist - Johnson Rice John Barton - Dialectic Capital Operator Good morning, and welcome to the Ranger Energy Services First Quarter 2022 Conference Call. All participants will be in listen-only mode.

Ranger Energy Services, Inc. (RNGR) CEO Stuart Bodden on Q1 2022 Results - Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for its fiscal quarter ended March 31, 2022. – Quarterly revenues of $123.6 million increased $0.5 million from $123.1 million in Q4 despite weather and supply chain related delays early in the quarter – High-Spec Rig revenue grew 9% or $5.4 million sequentially with an operating income increase of $6.8 million to $7.7 million in Q1 from $0.9 million in Q4 – Capital struct

Ranger Energy Services, Inc. Announces Q1 2022 Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report first quarter 2022 financial and operating results after the market closes for trading on April 28, 2022. Following the announcement, the Company's management will host a first quarter 2022 earnings conference call in the morning of April 29, 2022 at 9:30 a.m. Eastern time (8:30 a.m. Central time). Interested parties are invited to participate on the call by dialing 1-833-255-2829, or 1-412-902-6710 f

Ranger Energy Services, Inc. Announces Date for First Quarter 2022 Earnings Conference Call

Ranger Energy Services, Inc. (RNGR) CEO Stuart Bodden on Q4 2021 Results - Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for its fiscal quarter ended December 31, 2021. – Completed the Basic Energy asset transaction recognizing a gain on purchase of $48 million – Revenue grew 51% sequentially, driven by inorganic growth – Amended reporting segments post acquisitions Consolidated Financial Highlights Quarterly revenues of $123.1 million increased $41.4 million, or 51%, from $81.7 million in Q

Ranger Energy Services, Inc. Announces Q4 2021 Results

Ranger Energy (RNGR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Ranger Energy (RNGR) Stock Jumps 6%: Will It Continue to Soar?

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report fourth quarter 2021 financial and operating results after the market closes for trading on March 17, 2022. Following the announcement, the Company's management will host a fourth quarter 2021 earnings conference call in the morning of March 18, 2022 at 9:30 a.m. Eastern time (8:30 a.m. Central time). Interested parties are invited to participate on the call by dialing 1-833-255-2829, or 1-412-902-6710

Ranger Energy Services, Inc. Announces Date for Fourth Quarter 2021 Earnings Conference Call

Ranger Energy (RNGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ranger Energy (RNGR) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Ranger Energy (RNGR)

Ranger Energy Services, Inc. (RNGR) CEO Stuart Bodden on Q3 2021 Results - Earnings Call Transcript

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