RNGR
Ranger Energy Services, Inc.13.44
-0.53-3.79%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
317.35MP/E (TTM)
20.36Basic EPS (TTM)
0.66Dividend Yield
0.02%Recent Filings
8-K
Acquires AWS, reports Q3 drop
Ranger Energy completed its acquisition of Permian-focused American Well Services, adding 39 high-spec rigs for Permian scale while revenue fell 16% to $128.9M and net income dropped to $1.2M amid market softness. Share repurchases hit $8.3M in Q3, YTD capital returns $15.6M. Board declared $0.06/share dividend, payable Dec 5. Future dividends remain discretionary.
10-Q
Q3 FY2025 results
Ranger Energy's Q3 revenue fell 16% y/y to $128.9M, driven by Wireline weakness down 43% to $17.2M from lower completions amid declining activity, while High Spec Rigs dipped 7% to $80.9M and Processing held steadier at $30.8M; operating income shrank to $2.6M from $12.9M as Wireline posted a $4.2M loss tied to $1.6M inventory adjustment. Cash climbed to $45.2M with $44.9M YTD operating cash flow and $27.4M FCF (derived), revolver fully available at $71.5M of $75M capacity to May 2028. Shares repurchased for $11.6M YTD. Subsequent AWS acquisition closed Nov 2025 for $90.5M (cash/stock mix, $5M contingent earnout). Customer concentrations expose revenue to top clients.
8-K
Closes $90.5M AWS acquisition
Ranger Energy Services closed its $90.5 million acquisition of American Well Services on November 7, 2025, blending $60.5 million cash with 1,998,401 Class A shares and a $5 million earnout tied to $36 million EBITDA. The deal boosts rig count 25%, crowns Ranger the top Lower 48 well-servicing provider, and promises $4 million synergies plus pro forma EBITDA over $100 million. Integration risks loom.
8-K
Board member resigns amicably
8-K
New exec severance plan
Ranger Energy Services adopted an Executive Severance Plan on July 24, 2025, replacing prior employment agreements for key leaders including CEO Stuart N. Bodden, CFO Melissa Cougle, and EVP J. Matthew Hooker. It offers 1x base salary severance for general terminations without cause or good reason, escalating to 3x base plus target bonus for Bodden in change-in-control scenarios. Executives must sign releases with one-year non-competes. This streamlines retention amid volatility.
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