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 2024

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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.

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

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.

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

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for its fiscal quarter ended September 30, 2021. – Revenue grew 63% sequentially, primarily the result of wireline acquisitions – Completed Basic Energy Asset Acquisition (closed October 1st) – Restructured equity into a single share class and terminated the Tax Receivable Agreement (Q4) Consolidated Financial Highlights Quarterly revenues of $81.7 million increased $31.7

Ranger Energy Services, Inc. Announces Q3 2021 Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report third quarter 2021 financial and operating results after the market closes for trading on November 4, 2021. Following the announcement, the Company's management will host a third quarter 2021 earnings conference call in the morning of November 5, 2021 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 1-412-902-6

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

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) has closed its previously announced acquisition of certain assets of Basic Energy Services, Inc. and its subsidiaries through its controlled subsidiary Ranger Energy Acquisition, LLC. The assets were sold by Basic as part of its bankruptcy process. The agreement to purchase the assets was approved by the United States Bankruptcy Court on September 23, 2021. The purchase price of approximately $36.65 million was paid with procee

Ranger Energy Services, Inc. Completes Acquisition of Basic Energy Services Assets From Chapter 11 Bankruptcy

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HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (the “Company”) today announced that its controlled subsidiary Ranger Energy Acquisition, LLC (the “Buyer”) was selected as the successful bidder at an auction to acquire certain assets of Basic Energy Services, Inc. and its subsidiaries (“Basic”). The Buyer's winning bid at a competitive auction conducted by Basic under section 363 of the U.S. Bankruptcy Code was for a cash purchase price of $36.65 million and includes Basic's

Ranger Energy Services, Inc. Agrees to Acquire Basic Energy Services Assets From Chapter 11 Bankruptcy

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (the ”Company”) today announced that Stuart Bodden has been named as President and Chief Executive Officer (“CEO”), effective September 1, 2021. Stuart has also been appointed to the board of directors. Bill Austin, stated, “I am pleased that Stuart will be joining Ranger. He brings a deep knowledge of the oil service business and a track record of operational success. The Board of Directors looks forward to Stuart joining the

Ranger Energy Services, Inc. Announces Stuart Bodden as President and Chief Executive Officer

Ranger Energy Services, Inc. (RNGR) Management on Q2 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 June 30, 2021. – Completed Patriot and PerfX (Q3) acquisitions; significantly expanding wireline scale and scope – 31% sequential growth in revenue with increases across all segments – High Spec Rig segment posted recent high levels of both revenue and margin Consolidated Financial Highlights Quarterly revenues of $50.0 million increased $11.7

Ranger Energy Services, Inc. Announces Q2 2021 Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report second quarter 2021 financial and operating results after the market closes for trading on July 29, 2021. Following the announcement, the Company's management will host a second quarter 2021 earnings conference call in the morning of July 30, 2021 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 1-412-902-6710

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

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) continues the expansion of its wireline services business with the announcement of the acquisition of PerfX Wireline Services (“PerfX”). Ranger is pleased to announce the acquisition of PerfX, its second wireline acquisition in the last several weeks. The first, the previously announced acquisition of Patriot Completion Services (“Patriot”), closed on May 14th while the PerfX acquisition closed yeste

Ranger Energy Services, Inc. Acquires PerfX Wireline Services

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today that Darron Anderson is leaving the Company after leading Ranger for the last four years. The Board of Directors has appointed the Company's Chairman of the Board, Bill Austin, as interim CEO. The Board has engaged an executive search firm to assist with the recruitment of a new permanent CEO. Mr. Austin has served as a member of Ranger's Board of Directors since May 2017 and will con

Ranger Energy Services, Inc. Announces Leadership Transition

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today the acquisition of Patriot Completion Solutions LLC (d/b/a Patriot Well Soluitions) (“Patriot”) in an all-stock transaction. The acquisition of Patriot further expands Ranger's high quality wireline business while maintaining our considerable balance sheet strength. Patriot's market leading reputation for wireline evaluation and intervention services, combined with its strong market p

Ranger Energy Services, Inc. Acquires Patriot Completion Solutions in All-Stock Transaction

Ranger Energy Services, Inc. (RNGR) CEO Darron Anderson on Q1 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 March 31, 2021. Sale-leaseback transactions provide $16 million of net cash proceeds through April 2021 Weather and activity disruptions reduce quarterly results High-Spec Rigs continue to be positioned for a strong rebound Consolidated Financial Highlights Quarterly revenues of $38.3 million decreased $3.2 million, or 8%, from $41.5 million in

Ranger Energy Services, Inc. Announces Q1 2021 Results

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will delay its first quarter 2021 earnings conference call, previously scheduled on April 23, 2021. Ranger will now report first quarter 2021 financial and operating results after the market closes for trading on May 5, 2021. Following the announcement, the Company's management will host a first quarter 2021 earnings conference call in the morning of May 6, 2021 at 11:00 a.m. Eastern time (10:00 a.m. Central time

Ranger Energy Services, Inc. to Delay First Quarter 2021 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today it has completed a sale-leaseback real estate transaction related to one of its operations facilities, delivering $13 million in gross proceeds. “We are pleased to complete this sale-leaseback transaction,” said Darron Anderson, Ranger Energy Services' Chief Executive Officer. “By unlocking under-appreciated value on our balance sheet, we materially increase liquidity, while accelerat

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