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 Q3 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (the “Company”) announced today that Stuart Bodden, Chief Executive Officer, and Melissa Cougle, Chief Financial Officer, will present current views of the Ranger business and forward-looking priorities at the Sidoti Small-Cap Virtual Conference on Thursday, September 21, 2023, at 1:45 p.m. Eastern Time and host a series of associated investor meetings during the conference. The presentation that will be used can be accessed on.

Ranger Energy Services, Inc. to Present at the Sidoti Small-Cap Virtual Conference

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (the “Company”) announced today that Stuart Bodden, Chief Executive Officer, and Melissa Cougle, Chief Financial Officer, will present at the Barclays CEO Energy-Power Conference in New York on Wednesday, September 6, 2023 at 4:45 p.m. Eastern Time. The presentation used for the conference will be available on the Investor Center page of the Company's website at www.rangerenergy.com. About Ranger Energy Services, Inc. Ranger is.

Ranger Energy Services, Inc. to Present at the Barclays CEO Energy-Power Conference

Ranger Energy Services, Inc. (NYSE:RNGR ) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Shelley Weimer - Vice President of External Reporting and Compliance Stuart Bodden - Chief Executive Officer Melissa Cougle - Chief Financial Officer Conference Call Participants Donald Crist - Johnson Rice & Company, LLC John Fichthorn - Dialectic Capital Management, LLC Jeffrey Robertson - Water Tower Research LLC William Kim - Presidio Asset Management Operator Good day, and welcome to the Ranger Energy's Second Quarter 2023 Conference Call. All participants will be in a listen-only mode.

Ranger Energy Services, Inc. (RNGR) Q2 2023 Earnings Call Transcript

Ranger Energy (RNGR) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to loss of $0.04 per share a year ago.

Ranger Energy (RNGR) Q2 Earnings and Revenues Lag Estimates

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Revenue of $163.2 million, a 6% increase from $153.6 million in second quarter 2022 Net income of $6.1 million, or $0.24 per fully diluted share, up from a net loss of $0.4 million, or $0.02 loss per share in second quarter of 2022 Adjusted EBITDA1 of $21.9 million, a 22% increase from $18.0 million.

Ranger Energy Services, Inc. Announces Q2 2023 Financial and Operational Results

Kodiak Gas Services Inc

Royal Gold

We've compiled a list of July investment picks that you may have missed. Some Seeking Alpha analysts are more discerning by nature. Others are finding compelling ideas hard to come by in today's market environment. Featured here are the investment ideas from analysts who have made ONLY 1 Buy/Strong Buy stock recommendation in the past 3 months.

Rare Buy Picks In July 2023 - From 29 Discerning Analysts

Amplify Energy Corp.

APA Corporation

Baytex Energy Corp

Strive US Energy ETF

VAALCO Energy

Epsilon Energy Ltd

Earthstone Energy

Forum Energy Technologies

Flotek Industries

GeoPark

Granite Ridge Resources Inc

Liberty Oilfield Services

NCS Multistage Holdings

Obsidian Energy Ltd

Ring Energy

SilverBow Resources

SandRidge Energy

SM Energy

Smart Sand

Vitesse Energy Inc

W&T Offshore

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website   www.enercomdenver.com  – Presenting Companies Continue to be Added Investor One-on-One Meeting Requests for All Companies Now Open for Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver – The Energy Investment Conference at www.enercomdenver.com DENVER , July 27, 2023 /PRNewswire/ -- EnerCom, Inc. announces companies that will be presenting during The Energy Transition and Emerging Technology Session, focused on energy-related technology, alternative energy and traditional oil and gas technology start-up ventures, on Wednesday, August 16 th.  Companies Presenting in The Energy Transition and Emerging Energy Technology Session as of July 26, 2023, include: LiTHOS - (CNSX: AMS.CN) aims to be the leader in the application of Direct Lithium Extraction (DLE) technology for economic, environmentally efficient, and sustainable lithium production.

Energy Transition and Emerging Technology Companies are Set to Present at the 28th Annual EnerCom Denver - The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report second quarter financial and operating results after the market closes for trading on Monday, August 7, 2023. Following the announcement, the Company's management will host an earnings conference call the morning of Tuesday, August 8, 2023 at 10:00 a.m. Eastern time (9:00 a.m. Central time). Interested parties are invited to join the call by dialing 1-833-255-2829, or 1-412-902-6710 for international.

Ranger Energy Services, Inc. Announces Date for Second Quarter 2023 Earnings Conference Call

Ranger Energy Services is expected to make strategic adjustments in 2023, relocating assets and crews to the Permian from Haynesville due to weak natural gas prices. Despite a strong balance sheet and positive Q1 cash flows, the company faces challenges due to pricing softness and lack of topline growth opportunities. RNGR stock is currently undervalued compared to its peers, but due to limited growth prospects, I recommend investors "hold" the stock.

Ranger Energy Services To Consolidate Before Any Acceleration (Rating Downgrade)

Despite a downturn in drilling activity, Ranger Energy Services has leveraged strong demand for its products, resulting in growth in both earnings and cash flows. The company has significantly fortified its balance sheet by reducing debt and building up cash reserves, preparing it to endure market weakness. Ranger Energy Services' shares currently trade at a considerable discount compared to industry leaders and its own five-year average, making it a compelling consideration for investors.

Ranger Energy Services: Resilience Coupled With Improved Financials

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (“Ranger” or the “Company”) (NYSE: RNGR), a leading provider of well service rigs and associated services to the oil and gas industry, today announced that it has been selected to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capital.

Ranger Energy Services to Join the Russell 3000® Index

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”), a leading provider of well service rigs and associated services to the oil and gas industry, is pleased to announce the successful closing of a new asset based lending facility (“ABL”) with Wells Fargo Bank, N.A, as administrative agent and sole lender. The facility includes $75 million of committed liquidity and features an accordion that allows for potential expansion up to $150 million to support.

Ranger Energy Services, Inc. Announces New Asset Based Lending Facility

Kennametal

Ligand Pharmaceuticals

SIGA Technologies

Varex Imaging

VREX, LGND, RNGR, SIGA and KMT have been added to the Zacks Rank #1 (Strong Buy) List on May 5, 2023.

New Strong Buy Stocks for May 5th

Terex

RNGR, TEX and SIGA made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 5, 2023.

Best Value Stocks to Buy for May 5th

Concrete Pumping Holdings

M/I Homes

Telefonica Brasil

We have screened value stocks MHO, PVH, BBCP, VIV and RNGR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

5 Stocks With Impressive EV-to-EBITDA Ratios to Scoop Up

Ranger Energy Services, Inc. (NYSE:RNGR ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Shelley Weimer - Vice President of External Reporting & Compliance Stuart Bodden - Chief Executive Officer Melissa Cougle - Chief Financial Officer Conference Call Participants Luke Lemoine - Piper Sandler Derek Podhaizer - Barclays Don Crist - Johnson Rice John Daniel - Daniel Partners Operator Good morning and welcome to the Ranger Energy First Quarter 2023 Conference Call. All participants will be in a listen-only mode.

Ranger Energy Services, Inc. (RNGR) Q1 2023 Earnings Call Transcript

Ranger Energy (RNGR) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to loss of $0.31 per share a year ago.

Ranger Energy (RNGR) Q1 Earnings Lag Estimates

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights –Revenue of $157.5 million, a 27% increase from $123.6 million in first quarter 2022 – Net income of $6.2 million, or $0.25 per fully diluted share, up from a net loss of $5.7 million, or $0.31 loss per share in first quarter of 2022 – Adjusted EBITDA1 of $20.1 million, a 109% increase from $9.6 mill.

Ranger Energy Services, Inc. Announces Q1 2023 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report first quarter financial and operating results before the market opens for trading on Tuesday, May 2, 2023. Following the announcement, the Company's management will host a first quarter 2023 earnings conference call in the morning of Tuesday, May 2, 2023 at 10:00 a.m. Eastern time (9:00 a.m. Central time). Interested parties are invited to participate on the call by dialing 1-833-255-2829, or 1-412-90.

Ranger Energy Services, Inc. Announces Date for First Quarter 2023 Earnings Conference Call

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Ranger Energy Services (RNGR) Right Now?

NexTier Oilfield Solutions Inc

Schlumberger

After the recent rebound in crude oil prices, several energy stocks are starting to stand out going into their first-quarter earnings reports.

3 Energy Stocks to Buy at a Discount Before Earnings

Compania Cervecerias Unidas

ePlus

We have screened value stocks CCU, PVH, BBCP, RNGR and PLUS based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

5 Value Stocks With Alluring EV-to-EBITDA Ratios to Own Now

Should Value Investors Buy Ranger Energy Services (RNGR) Stock?

Profire Energy

Tidewater

Cactus

Up to date as of market close 03/13/23. 60 oilfield services providers were screened for profitability and subsequently ranked by means of a multi-factor matrix.

Highest Quality Oilfield Services Stocks

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

News for Ranger Energy Services Stock (RNGR)