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Ranger Energy Services, Inc.

Ranger Energy Services, Inc.

NYSE•RNGR
CEO: Mr. Stuart N. Bodden
Sector: Energy
Industry: Oil & Gas Equipment & Services
Listing Date: 2017-08-11
Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline 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 402 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 that 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 66 wireline units and 29 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; and coiled tubing, decommissioning, and snubbing services, as well as provides proprietary and modular equipment for the processing of natural gas streams. 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 headquartered in Houston, Texas.
Contact Information
10350 Richmond, Suite 550, Houston, TX, 77042, United States
713-935-8900
www.rangerenergy.com
Market Cap
$306.09M
P/E (TTM)
20.7
18.7
Dividend Yield
1.7%
52W High
$18.45
52W Low
$10.56
52W Range
46%
Rank48Top 50.7%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$128.90M-15.75%
4-Quarter Trend

EPS

$0.06-84.61%
4-Quarter Trend

FCF

$8.00M-25.93%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

High Spec Rigs Revenue Growth High Specification Rigs revenue increased 2% to $254.7M for nine months ended September 30, 2025, showing segment stability.
Strong Liquidity Position Maintained Total liquidity stands at $116.7M including $45.2M cash on hand and $71.5M available credit facility capacity.
Equity Position Remains Solid Total stockholders' equity reached $270.0M as of September 30, 2025, supporting the balance sheet structure.
Dividend Increased to $0.06 Quarterly dividend increased to $0.06 per share in 2025; $4.1M paid out during the nine months period.

Risk Factors

Wireline Segment Revenue Decline Wireline revenue dropped 36% to $56.5M due to lower completion activity and increased competitive dynamics across basins.
Overall Net Income Decreased Net income fell 28% to $9.1M for nine months, driven by reduced operating income primarily from Wireline segment activity declines.
Commodity Price Volatility Exposure Operations face material risk from fluctuating oil/gas prices impacting E&P customer activity levels and investment planning.
Customer Revenue Concentration Risk Top three customers accounted for approximately 28%, 21%, and 11% of consolidated revenues in nine months 2025.

Outlook

AWS Acquisition Closed Post-Period Completed acquisition of AWS for ~$90.5M post-period, funded by cash on hand and borrowings under credit facility.
Capital Return Framework Active Management prioritizes shareholder value via dividends and utilizing remaining $38.9M share repurchase authorization capacity.
Monitoring Geopolitical Headwinds Closely monitoring geopolitical events, OPEC+ production, and tariff policies that could impact commodity prices and demand.
Sufficient Funds Expected Expect sufficient funds from operations and credit facility availability to meet capital and debt service requirements for next twelve months.

Peer Comparison

Revenue (TTM)

Forum Energy Technologies, Inc.FET
$790.27M
-1.3%
Berry CorporationBRY
$680.16M
-26.6%
Oil States International, Inc.OIS
$655.35M
-11.0%

Gross Margin (Latest Quarter)

PrimeEnergy Resources CorporationPNRG
94.8%
-1.4pp
Summit Midstream CorporationSMC
72.9%
+47.4pp
GeoPark LimitedGPRK
45.0%
-13.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
OIS$423.41M17.13.5%12.5%
FET$420.71M-3.6-36.2%11.2%
NGS$419.05M23.26.9%34.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.4%
Flat Growth
4Q Net Income CAGR
-40.9%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Mar 2, 2026
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EPS:-
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Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $128.90M-15.8%
    |
    EPS: $0.06-84.6%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 29, 2025|
    Revenue: $140.60M+1.8%
    |
    EPS: $0.33+57.1%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 30, 2025|
    Revenue: $135.20M-1.2%
    |
    EPS: $0.03-185.2%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 4, 2025|
    Revenue: $571.10M-10.3%
    |
    EPS: $0.82-15.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 28, 2024|
    Revenue: $153.00M-6.9%
    |
    EPS: $0.39+2.6%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 30, 2024|
    Revenue: $138.10M-15.4%
    |
    EPS: $0.21-16.0%
    Meet
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $136.90M-13.1%
    |
    EPS: $-0.04-114.1%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 5, 2024|
    Revenue: $636.60M+4.6%
    |
    EPS: $0.97+47.0%
    Beat