as of 11-13-2026 12:10pm EST
Ranger Energy Services Inc offers high specification mobile rig well services, cased hole wireline services, and ancillary services in the U.S. oil and gas industry. Its services facilitate operations throughout the lifecycle of a well, including the completion, production, maintenance, intervention, workover, and abandonment phases. The company's reportable segments are: High Specification Rigs, Wireline Services, Processing Solutions and Ancillary Services. Maximum revenue is generated from the High Specification Rigs segment, which offers high specification well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. The high specification rig services consist of well completion support, workovers, and well maintenance services.
| Founded: | 2017 | Country: | United States |
| Employees: | N/A | City: | HOUSTON |
| Market Cap: | 370.2M | IPO Year: | 2017 |
| Target Price: | $19.00 | AVG Volume (30 days): | 208.7K |
| Analyst Decision: | Buy | Number of Analysts: | 3 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 0.52 | EPS Growth: | -33.33 |
| 52 Week Low/High: | $10.86 - $18.82 | Next Earning Date: | 11-09-2026 |
| Revenue: | N/A | Revenue Growth: | N/A |
| Revenue Growth (this year): | 22.76% | Revenue Growth (next year): | 4.01% |
| P/E Ratio: | 24.15 | Index: | |
| Free Cash Flow: | 42.9M | FCF Growth: | -33.33% |
Chief Executive Officer
Avg Cost/Share
$17.16
Shares
95,000
Total Value
$1,630,200.00
Owned After
273,800
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Bodden Stuart | RNGR | Chief Executive Officer | Aug 20, 2026 | Sell | $17.16 | 95,000 | $1,630,200.00 | 273,800 |
SEC 8-K filings with transcript text
Nov 9, 2026 · 100% conf.
1D
-0.74%
$12.28
Act: -8.49%
5D
-5.26%
$11.72
20D
-5.54%
$11.69
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Document
Ranger Energy Services, Inc. Reports Third Quarter 2026 Financial Results
HOUSTON, TX — (November 9, 2026) — Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) today reported its financial and operational results for the third quarter ended September 30, 2026.
Third Quarter 2026 Financial and Operational Highlights
–Completed the acquisition of STEP Energy Services’ US coil tubing assets on October 8, 2026, creating a leading coil tubing provider in the US, with over $10 million of EBITDA contribution expected in 2027 from pro forma service line
–Secured contracts for four additional ECHO hybrid electric workover rigs with build program running ahead of schedule and positive early customer feedback bringing total fleet in operation or construction to 24 rigs
–Reported Revenue of $162.8 million for the third quarter of 2026 with Net income of $2.5 million, or $0.10 per diluted share and Adjusted EBITDA(1) of $20.1 million, representing an Adjusted EBITDA margin of 12.3%
–Generated Free Cash Flow(2) for the quarter of $20.0 million, fully paying off borrowings, while also completing significant share repurchases during the quarter totaling 142,100 shares, bringing year to date shareholder returns to $11.7M representing 64% of YTD Free Cash Flow
Management Commentary
Stuart Bodden, Ranger’s Chief Executive Officer, commented, “The past few months have marked meaningful strategic progress for Ranger. We completed the STEP coil tubing acquisition and are now positioned as the second largest coil tubing provider in the lower 48 market, expanded our contracted ECHO fleet further establishing a competitive advantage in the next generation of well-servicing equipment and navigated a challenging competitive dynamic. Strong cash generation during the quarter allowed us to repay our outstanding revolving credit facility borrowings from the AWS acquisition and exit the quarter with zero net debt, providing the financial flexibility to complete another accretive acquisition and capitalize on additional growth opportunities. These decisions, taken intentionally and
1 “Adjusted EBITDA” is not presented in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”). The Company defines Adjusted EBITDA as net income or loss before net interest expense, income tax provision or benefit, depreciation and amortization, equity-based compensation, acquisition-related, severance and reorganization costs, gain or loss on disposal of property and equipment, and certain other non-cash items that we do not view as indicative of our ongoing performance. A non-GAAP supporting schedule is included with the statements and schedules attached to this press release and can also be found on the Company's website at: www.rangerenergy.com
2 “Free Cash Flow” is not presented in accordance with U.S. GAAP and should be considered in addition to, rather than as a substitute for, net income as a measure of our performance or net cash provided by operating activities as a measure of our liquidity. The Company defines Free Cash Flow as net cash provided by operating activities less purchase of property and equipment. A Non-GAAP supporting schedule is included with the statements and schedules attached to this press release and can also be found on the Company's website at www.rangerenergy.com.
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strategically, continue to strengthen Ranger’s business as we approach 2027. The fundamentals of our business remain strong, and our longer-term potential continues to build. This potential is underpinned by our ECHO hybrid electric rig program and our targeted M&A approach that adds shareholder value at attractive prices and continues to set Ranger apart. The STEP asset acquisition gives our coiled tubing business the scale and technology to compete for the most demanding work in the basins we serve, and positions Ranger to capture additional upside opportunities in the future, expand the range of services we provide to our customers and increase the number of wells we can support.
“Additionally, we were awarded four additional rigs during the quarter, which will take our contracted ECHO fleet to 24 rigs by the end of 2027. Current customer discussions also point to additional rig commitments yet to come. The build program is running ahead of schedule, and the feedback from customers has been positive, reinforcing both efficiency of operations and enhanced safety. Combined with the STEP acquisition, which adds scale, industry-leading extended-reach technology and an experienced team to our coil tubing business, Ranger is building a differentiated oil field services platform positioned to drive earnings growth in 2027.”
Mr. Bodden continued, “This quarter we faced unexpectedly softer activity, some pricing challenges and margin degradation from increased inflationary costs across several categories, the larges
Jul 27, 2026 · 100% conf.
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+5.60%
$16.34
Act: -6.08%
5D
+8.00%
$16.71
Act: +4.78%
20D
+12.09%
$17.34
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Ranger Energy Services, Inc. Reports Second Quarter 2026 Financial Results
HOUSTON, TX — (July 27, 2026) — Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) today reported its financial and operational results for the second quarter ended June 30, 2026.
Second Quarter 2026 Financial and Operational Highlights
–Revenue of $176.5 million, compared to $159.1 million in the first quarter of 2026 and $140.6 million in the second quarter of 2025
–Net income of $6.9 million, or $0.29 per diluted share, compared to $3.0 million, or $0.12 per diluted share, in the first quarter of 2026 and $7.3 million, or $0.32 per diluted share, in the second quarter of 2025
–Adjusted EBITDA(1) of $28.6 million, representing an Adjusted EBITDA margin of 16.2%, compared to $23.3 million and 14.6% in the first quarter of 2026 and $20.6 million and 14.7% in the second quarter of 2025
–Significant share repurchases during the quarter of 282,900 shares at an average repurchase price of $15.84 per share, supported by Free Cash Flow(2) for the quarter of $20.0 million
Management Commentary
Stuart Bodden, Ranger’s Chief Executive Officer, commented, "During the second quarter, Ranger built on the momentum from our first quarter results and delivered another quarter of sequential topline growth across segments, EBITDA and margin expansion with meaningful cash flows. The breadth of improvement reflects the continued strong execution across our operations teams while the AWS business approaches full integration into the organization and our legacy business continues to benefit from steadily improving customer activity and longer summer days. Overall, quarter over quarter, our topline expanded over 10% with EBITDA growing by more than 22%. We have previously stated that Ranger would
1 “Adjusted EBITDA” is not presented in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”). The Company defines Adjusted EBITDA as net income or loss before net income expense, income tax provision or benefit, depreciation and amortization, equity-based compensation, acquisition-related, severance and reorganization costs, gain or loss on disposal of property and equipment, and certain other non-cash items that we do not view as indicative of our ongoing performance. A non-GAAP supporting schedule is included with the statements and schedules attached to this press release and can also be found on the Company's website at: www.rangerenergy.com
2 “Free Cash Flow” is not presented in accordance with U.S. GAAP and should be considered in addition to, rather than as a substitute for, net income as a measure of our performance or net cash provided by operating activities as a measure of our liquidity. The Company defines Free Cash Flow as net cash provided by operating activities before purchase of property and equipment. A Non-GAAP supporting schedule is included with the statements and schedules attached to this press release and can also be found on the Company's website at www.rangerenergy.com.
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generate more than $100 million in EBITDA annually going forward and it was gratifying to have achieved that run rate milestone in the second full quarter post-acquisition.”
"Our High Specification Rigs segment generated over $20 million of EBITDA in the quarter, growing revenues modestly quarter over quarter. Segment margins were slightly affected from impacts of a state sales tax audit in the quarter as well as some make ready costs for our upcoming ECHO deployments. This segment is seeing slightly increasing activity levels from customers in response to commodity price strength, albeit with fluctuations. That said, our customers remain highly disciplined and most activity increases are translating into improved utilization for existing rigs rather than commitments for incremental rigs. Recently, we also announced an award for three additional ECHO rigs to be built with Chevron, one of our core customers, and we are excited about the continued build out of our next generation fleet with differentiated technology. We see interest out there for additional ECHO rig deployments and foresee incremental announcements in future quarters as market adoption develops.
“The expanded Ancillary segment once again outperformed as new service lines from the AWS acquisition continued to gain traction and contribute to profitability. Our Plug and Abandonment service line saw strong expansion of activity with recent contract awards while Torrent and Coil Tubing service lines also outperformed expectations. Most Ancillary service lines experienced activity expansion in the quarter with improved profitability, and we are evaluating which lines could benefit from additional investment in the future.
"Specific to the Wireline segment, we are proud of our operations team and the recovery they have facilitated in that segment over
Apr 27, 2026 · 100% conf.
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+0.07%
$18.44
Act: -6.40%
5D
-4.94%
$17.52
Act: -7.43%
20D
-4.64%
$17.58
Act: -11.83%
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Ranger Energy Services, Inc. Reports First Quarter 2026 Financial Results
HOUSTON, TX — (April 27, 2026) — Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) today reported its financial and operational results for the first quarter ended March 31, 2026.
First Quarter 2026 Financial and Operational Highlights
–Revenue of $159.1 million, compared to $142.2 million in the fourth quarter of 2025 and $135.2 million in the first quarter of 2025
–Net income of $3.0 million, or $0.12 per diluted share, compared to $3.2 million, or $0.14 per diluted share, in the fourth quarter 2025 and $0.6 million, or $0.03 per diluted share, in the first quarter of 2025
–Adjusted EBITDA(1) of $23.3 million, representing an Adjusted EBITDA margin of 14.6%, compared to $20.3 million and 14.3% in the fourth quarter of 2025 and $15.5 million and 11.5% in the first quarter of 2025
–Advanced AWS integration activities significantly over the first quarter of 2026 completing key transition activities including roll-out of TANGO operating system
Management Commentary
Stuart Bodden, Ranger’s Chief Executive Officer, commented, “Ranger ended the first quarter with strong financial results and a meaningful pick-up in activity over the past 6 weeks. As winter came to a close, operators have been increasing activity levels and conversations are trending positively. We are pleased with our first quarter performance on every front including the first full quarter of operating results from the legacy American Well Services (“AWS”) organization. Our results reflect the continued strong execution of our operations teams who maintain the highest level of safety and service quality.
“This year, we set our strategic priorities early and have meaningfully advanced them already, including the integration of AWS into the Ranger portfolio and starting the construction of fifteen ECHO Hybrid Electric Rigs that were contracted during the quarter. The AWS acquisition is driving our top and bottom line results higher, and we expect our disciplined focus on utilization, cost control, customer service and operational consistency from both organizations will continue to push margins higher in future periods.
1 “Adjusted EBITDA” is not presented in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”). The Company defines Adjusted EBITDA as net income or loss before net income expense, income tax provision or benefit, depreciation and amortization, equity-based compensation, acquisition-related, severance and reorganization costs, gain or loss on disposal of property and equipment, and certain other non-cash items that we do not view as indicative of our ongoing performance. A non-GAAP supporting schedule is included with the statements and schedules attached to this press release and can also be found on the Company's website at: www.rangerenergy.com
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“Our High Spec Rig segment continued its trend of strong performance during the quarter with margins over 20% and pricing that remained resilient. The expanded Ancillary segment saw improving contribution from new service lines from the AWS acquisition as well as the commencement of our new contract with the Texas Railroad Commission for Plug & Abandonment work. Wireline segment activity remains depressed, but we are encouraged with a team that is able to operate efficiently. Winter is always our most challenging quarter within Wireline and our ability to exit the first quarter with positive EBITDA suggests further improvement in the coming quarters.
“At the outset of this year, the macroeconomic sentiment and expectations for crude oil pricing remained subdued and we were braced for another flat to down year. In spite of significant commodity volatility related to geopolitical events, our customer base has generally held to a steady course of activity, which we believe will place Ranger in strong position over the remaining fiscal year to achieve our financials goals. Our production-focused business thesis is aligned with these developments, since workovers and optimization of production from existing wells present both the fastest delivery time and the lowest incremental cost for a barrel of crude oil. Additionally, our long-lived capital equipment base and domestic operations insulate us from broader international macro and supply chain pressures. As the largest well services provider in the Lower 48, we have the capacity within our fleet and organization to efficiently scale activity while preserving service quality and returns. Anticipated benefits to US production will be additive to the deployment of our ECHO rigs that will begin entering the field later this year. We believe Ranger is uniquely suited to meet any potential increase in U.S. activity levels and we are prepared to respond quickly as customer demand evolves.
“As we move further i
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