Ranger Energy Services, Inc. provides well service rigs and associated services in the United States. It operates through two segments, Well Services and Processing Solutions. The company offers well completion support srevices, such as milling out composite plugs used during hydraulic fracturing; workover services, including retrieval and replacement of existing production tubing; well maintenance services comprising replacement of downhole artificial lift components; and decommissioning services consisting of plugging and abandonment services. It also rents equipment, such as power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, pipe handling tools, and other equipment; and offers wireline, snubbing, and fluid management services. In addition, the company owns and operates a fleet of modular natural gas processing equipment that processes rich natural gas streams at the wellhead or central gathering points. It serves onshore exploration and production operators. The company was founded in 2017 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:RNGR
CUSIPN/A
Phone713-935-8900
Debt
Debt-to-Equity Ratio0.19
Current Ratio0.93
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio-11.28
Forward P/E Ratio20.95
P/E Growth4.34
Sales & Book Value
Annual Sales$154 million
Price / Sales0.90
Cash Flow$0.7166 per share
Price / Cash12.28
Book Value$12.81 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)($0.78)
Net Income$-6,590,000.00
Net Margins-5.73%
Return on Equity-2.77%
Return on Assets-2.00%
Miscellaneous
Employees1,049
Outstanding Shares15,770,000
Market Cap$141.89 million
Ranger Energy Services (NYSE:RNGR) Frequently Asked Questions
What is Ranger Energy Services' stock symbol?
Ranger Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "RNGR."
How were Ranger Energy Services' earnings last quarter?
Ranger Energy Services Inc (NYSE:RNGR) posted its quarterly earnings data on Tuesday, August, 7th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.18. The firm had revenue of $73.10 million for the quarter, compared to the consensus estimate of $75.75 million. Ranger Energy Services had a negative return on equity of 2.77% and a negative net margin of 5.73%. View Ranger Energy Services' Earnings History.
When is Ranger Energy Services' next earnings date?
What price target have analysts set for RNGR?
8 brokers have issued 12-month price objectives for Ranger Energy Services' shares. Their predictions range from $10.00 to $21.00. On average, they expect Ranger Energy Services' stock price to reach $16.25 in the next twelve months. This suggests a possible upside of 84.7% from the stock's current price. View Analyst Price Targets for Ranger Energy Services.
What is the consensus analysts' recommendation for Ranger Energy Services?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ranger Energy Services in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ranger Energy Services.
Who are some of Ranger Energy Services' key competitors?
Who are Ranger Energy Services' key executives?
Ranger Energy Services' management team includes the folowing people:
- Mr. Darron M. Anderson, Pres, CEO & Director (Age 49)
- Mr. J. Matt Hooker, Chief Operating Officer (Age 55)
- Mr. John Brandon Blossman, Chief Financial Officer
- Mr. Lance Perryman, Exec. VP of Processing Solutions (Age 52)
When did Ranger Energy Services IPO?
(RNGR) raised $85 million in an initial public offering (IPO) on Friday, August 11th 2017. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse, Simmons & Company International (Energy Specialists of Piper Jaffray) and Wells Fargo Securities acted 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.
Has Ranger Energy Services been receiving favorable news coverage?
News articles about RNGR stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ranger Energy Services earned a media and rumor sentiment score of 0.01 on Accern's scale. They also gave press coverage about the company an impact score of 48.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Ranger Energy Services.
Who are Ranger Energy Services' major shareholders?
Ranger Energy Services' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (4.87%), Royce & Associates LP (3.82%), B. Riley Financial Inc. (3.43%), Millennium Management LLC (0.46%), Paloma Partners Management Co (0.18%) and LMR Partners LLP (0.12%). Company insiders that own Ranger Energy Services stock include Darron M Anderson, Energy Opportunity Gp I L Csl, Merrill A Miller Jr and Robert S Shaw. View Institutional Ownership Trends for Ranger Energy Services.
Which institutional investors are selling Ranger Energy Services stock?
Which institutional investors are buying Ranger Energy Services stock?
RNGR stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, FMR LLC, B. Riley Financial Inc., Millennium Management LLC, Paloma Partners Management Co and LMR Partners LLP. Company insiders that have bought Ranger Energy Services stock in the last two years include Darron M Anderson, Energy Opportunity Gp I L Csl, Merrill A Miller Jr and Robert S Shaw. View Insider Buying and Selling for Ranger Energy Services.
How do I buy shares of Ranger Energy Services?
Shares of RNGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ranger Energy Services' stock price today?
One share of RNGR stock can currently be purchased for approximately $8.80.
How big of a company is Ranger Energy Services?
Ranger Energy Services has a market capitalization of $141.89 million and generates $154 million in revenue each year. The company earns $-6,590,000.00 in net income (profit) each year or ($0.78) on an earnings per share basis. Ranger Energy Services employs 1,049 workers across the globe.
How can I contact Ranger Energy Services?
Ranger Energy Services' mailing address is 800 GESSNER SUITE 1000, HOUSTON TX, 77024. The company can be reached via phone at 713-935-8900 or via email at [email protected]
MarketBeat Community Rating for Ranger Energy Services (NYSE RNGR)
MarketBeat's community ratings are surveys of what our community members think about Ranger Energy Services and other stocks. Vote "Outperform" if you believe RNGR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RNGR will underperform the S&P 500 over the long term. You may vote once every thirty days.
