NYSE:RNGR

Ranger Energy Services (RNGR) Stock Price, News & Analysis

$10.37
-0.27 (-2.54%)
(As of 04/24/2024 ET)
Today's Range
$10.24
$10.62
50-Day Range
$10.03
$11.86
52-Week Range
$9.27
$14.64
Volume
126,777 shs
Average Volume
178,039 shs
Market Capitalization
$234.98 million
P/E Ratio
10.80
Dividend Yield
1.93%
Price Target
N/A

Ranger Energy Services MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.09% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of Ranger Energy Services in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$4.21 M Sold Last Quarter
Proj. Earnings Growth
50.00%
From $0.84 to $1.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.48 out of 5 stars

Oils/Energy Sector

29th out of 233 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

5th out of 18 stocks

RNGR stock logo

About Ranger Energy Services Stock (NYSE:RNGR)

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.

RNGR Stock Price History

RNGR Stock News Headlines

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Q4 2023 Ranger Energy Services Inc Earnings Call
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Massive Insider Trade At Ranger Energy Services
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Ex-Dividend for 4/5 Dividend
3/14/2024
Dividend Payable
4/05/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
2,000
Year Founded
N/A

Profitability

Net Income
$23.80 million
Pretax Margin
4.87%

Debt

Sales & Book Value

Annual Sales
$636.60 million
Cash Flow
$2.63 per share
Book Value
$11.62 per share

Miscellaneous

Free Float
22,210,000
Market Cap
$234.98 million
Optionable
Optionable
Beta
0.60
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Key Executives

  • Mr. Stuart N. Bodden (Age 54)
    President, CEO & Director
    Comp: $889.21k
  • Ms. Melissa K. Cougle (Age 47)
    Chief Financial Officer
    Comp: $654.22k
  • Mr. J. Matthew Hooker (Age 61)
    Senior Vice President of Well Services
    Comp: $446.46k
  • Mr. Justin Whitley
    General Counsel & Corporate Secretary
  • Mr. Chief Tauzin
    Vice President of Sales
  • Mr. James Yaw
    Vice President of Human Resources
  • Mr. Lance Perryman (Age 58)
    Executive Vice President of Processing Solutions
    Comp: $195.26k
  • Mr. Casey Nipper
    Senior Vice President of Wireline Services

RNGR Stock Analysis - Frequently Asked Questions

How have RNGR shares performed in 2024?

Ranger Energy Services' stock was trading at $10.23 on January 1st, 2024. Since then, RNGR shares have increased by 1.4% and is now trading at $10.37.
View the best growth stocks for 2024 here
.

Are investors shorting Ranger Energy Services?

Ranger Energy Services saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 521,000 shares, an increase of 32.8% from the February 29th total of 392,300 shares. Based on an average daily volume of 199,700 shares, the short-interest ratio is currently 2.6 days.
View Ranger Energy Services' Short Interest
.

When is Ranger Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our RNGR earnings forecast
.

How can I listen to Ranger Energy Services' earnings call?

Ranger Energy Services will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ranger Energy Services' earnings last quarter?

Ranger Energy Services, Inc. (NYSE:RNGR) released its quarterly earnings data on Tuesday, March, 5th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.24. The firm earned $151.50 million during the quarter, compared to analysts' expectations of $151 million. Ranger Energy Services had a net margin of 3.74% and a trailing twelve-month return on equity of 8.67%. During the same quarter last year, the firm earned $0.30 earnings per share.

How often does Ranger Energy Services pay dividends? What is the dividend yield for Ranger Energy Services?

Ranger Energy Services announced a quarterly dividend on Monday, March 4th. Investors of record on Friday, March 15th will be paid a dividend of $0.05 per share on Friday, April 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for RNGR
.

Is Ranger Energy Services a good dividend stock?

Ranger Energy Services (NYSE:RNGR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.86%. The dividend payout ratio is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNGR will have a dividend payout ratio of 15.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RNGR.

What other stocks do shareholders of Ranger Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ranger Energy Services investors own include Hawkins (HWKN), Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), Xtrackers California Municipal Bond ETF (CA), Bank of America (BAC), BlackRock (BLK), Genocea Biosciences (GNCA), Transocean (RIG) and Chipotle Mexican Grill (CMG).

When did Ranger Energy Services IPO?

Ranger Energy Services (RNGR) raised $85 million in an initial public offering on Friday, August 11th 2017. The company issued 5,000,000 shares at $16.00-$18.00 per share. Credit Suisse, Simmons & Company International (Energy Specialists of Piper Jaffray) and Wells Fargo Securities served as the underwriters for the IPO and Barclays, Evercore ISI, Capital One Securities, Johnson Rice & Company, Raymond James and Scotia Howard Weil were co-managers.

Who are Ranger Energy Services' major shareholders?

Ranger Energy Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.61%). Insiders that own company stock include Byron A Dunn, Charles S Leykum, J Matt Hooker and Stuart Bodden.
View institutional ownership trends
.

How do I buy shares of Ranger Energy Services?

Shares of RNGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RNGR) was last updated on 4/25/2024 by MarketBeat.com Staff

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