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Ranger Energy Services, Inc.RNGR
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Overview >
Market Cap
263.25M
Revenue (ttm)
571.10M
Net Income (ttm)
18.40M
Shares Out
22.25M
EPS (ttm)
0.81
PE Ratio
14.78
Forward PE
n/a
Dividend
$0.24 (2.02%)
Ex-Dividend Date
Mar 14, 2025
Volume
22,137
Open
11.95
Previous Close
11.97
Day's Range
11.66 - 12.08
52-Week Range
9.27 - 18.45
Beta
0.27
Analysts
Hold
Price Target
12.50 (+5.66%)
Earnings Date
May 6, 2025
Description >

Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States.

It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.

The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services.

This segment also has a fleet of 428 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services are used primarily for pump-down perforating operations to create perforations or entry holes through the production casing; and pumping services.

This segment also has a fleet of 67 wireline units and 13 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; decommissioning services; fluid management services; offers proprietary and modular equipment for the processing of natural gas; coil tubing services; and snubbing services.

This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment.

Ranger Energy Services, Inc. was incorporated in 2017 and is based in Houston, Texas.

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