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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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.

Ranger Energy Services, Inc. (RNGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Analysts Estimate Ranger Energy Services, Inc. (RNGR) to Report a Decline in Earnings: What to Look Out for

Ranger Energy Services' (RNGR) CEO Darron Anderson on Q1 2020 Results - Earnings Call Transcript

Ranger Energy Services, Inc. (RNGR) delivered earnings and revenue surprises of 20.00% and 4.65%, respectively, for the quarter ended March 2020.

Ranger Energy Services, Inc. (RNGR) Reports Q1 Loss, Tops Revenue Estimates

Earnings Preview: Ranger Energy Services, Inc. (RNGR) Q1 Earnings Expected to Decline

Ranger Energy Services: Heads You Win, Tails You Don't Lose Much

Ranger Energy Services, Inc. (RNGR) CEO Darron Anderson on Q4 2019 Results - Earnings Call Transcript

Ranger Energy Services, Inc. (RNGR) delivered earnings and revenue surprises of 88.89% and 4.91%, respectively, for the quarter ended December 2019.

Ranger Energy Services, Inc. (RNGR) Reports Q4 Loss, Tops Revenue Estimates

Ranger Energy Services, Inc. (RNGR) CEO Darron Anderson on Q3 2019 Results - Earnings Call Transcript

Ranger Energy Services, Inc. (RNGR) CEO Darron Anderson on Q2 2019 Results - Earnings Call Transcript

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.

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

TechnipFMC

RNGR vs. FTI: Which Stock Is the Better Value Option?

Ranger Energy Services, Inc. (RNGR) CEO Darron Anderson on Q1 2019 Results - Earnings Call Transcript

Ranger Energy Services, Inc. (RNGR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Ranger Energy Services, Inc. (RNGR) Run Higher on Rising Earnings Estimates?

RNGR vs. RES: Which Stock Is the Better Value Option?

RNGR or RES: Which Is the Better Value Stock Right Now?

This small-cap oilfield service play also has big upside potential.

News for Ranger Energy Services Stock (RNGR)