Overview

* Ranger Energy Q2 revenue rises 2% yr/yr, largely in-line with analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 beats consensus, driven by improved segment revenues

* Company launches next generationhybrid e-rig, the ECHO rig

Outlook

* Company expects continued stability in activity levels during Q3 2025

* Ranger says Q4 is unpredictable due to macroeconomic conditions

* Ranger focuses on cost control amidst broader market softness

Result Drivers

* PERMIAN ACTIVITY - Increased activity levels in the Permian Basin contributed to revenue growth, per CEO Stuart Bodden

* WIRELINE REBOUND - Wireline Services segment revenue grew 28% from prior quarter, returning to positive EBITDA

* TECHNOLOGICAL ADVANCEMENT - Launch of Ranger ECHO hybrid e-rig expected to enhance operational efficiency and safety

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 meet $140.60 $140 mln

Revenue mln (1

Analyst)

Q2 EPS $0.32

Q2 Net $7.30

Income mln

Q2 Beat $20.60 $19.30

Adjusted mln mln (2

EBITDA Analysts

)

Q2 Free $14.40

Cash mln

Flow

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil related services and equipment peer group is "buy."

* Wall Street's median 12-month price target for Ranger Energy Services Inc ( RNGR ) is $13.00, about 0.3% above its July 28 closing price of $12.96

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)