RNGR - Ranger Energy Services Inc Stock Price, Fair Value and News

10.44USD+0.09 (+0.87%)Market Closed

Market Summary

USD10.44+0.09

Market Closed

0.87%

RNGR Stock Price

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RNGR RSI Chart

RNGR Valuation

Market Cap

237.4M

Price/Earnings (Trailing)

14.13

Price/Sales (Trailing)

0.39

EV/EBITDA

3.43

Price/Free Cashflow

4.97

RNGR Price/Sales (Trailing)

RNGR Profitability

EBT Margin

3.52%

Return on Equity

6.42%

Return on Assets

4.73%

Free Cashflow Yield

20.14%

RNGR Fundamentals

RNGR Revenue

Revenue (TTM)

616.0M

Rev. Growth (Yr)

-13.08%

Rev. Growth (Qtr)

-9.64%

RNGR Earnings

Earnings (TTM)

16.8M

Earnings Growth (Yr)

-112.9%

Earnings Growth (Qtr)

-138.1%

Breaking Down RNGR Revenue

Last 7 days

3.9%

Last 30 days

-3.8%

Last 90 days

3.4%

Trailing 12 Months

-14.7%

How does RNGR drawdown profile look like?

RNGR Financial Health

Current Ratio

2.01

RNGR Investor Care

Buy Backs (1Y)

8.83%

Diluted EPS (TTM)

0.68

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	616.0M	0	0	0
2023	642.4M	652.0M	639.4M	636.6M
2022	378.4M	482.0M	577.3M	608.5M
2021	145.1M	164.4M	211.5M	293.1M
2020	329.6M	276.0M	226.5M	187.8M
2019	328.8M	340.0M	342.0M	336.9M
2018	187.5M	226.9M	267.9M	303.1M
2017	77.1M	105.2M	130.2M	154.0M
2016	29.1M	37.0M	44.9M	52.8M
2015	0	0	0	21.2M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Ranger Energy Services Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 18, 2024	bodden stuart	acquired	-	-	191,790	chief executive officer
Apr 18, 2024	hooker j. matt	acquired	-	-	30,468	svp - well services
Apr 18, 2024	hooker j. matt	sold (taxes)	-79,457	10.71	-7,419	svp - well services
Apr 18, 2024	bodden stuart	sold (taxes)	-751,082	10.71	-70,129	chief executive officer
Mar 28, 2024	leykum charles s.	sold	-418,470	11.31	-37,000	-
Mar 27, 2024	leykum charles s.	sold	-1,462,560	11.08	-132,000	-
Mar 26, 2024	leykum charles s.	sold	-674,400	11.24	-60,000	-
Mar 25, 2024	leykum charles s.	sold	-2,395,100	11.14	-215,000	-
Mar 22, 2024	leykum charles s.	sold	-285,000	11.4	-25,000	-
Mar 20, 2024	leykum charles s.	sold	-69,840	11.64	-6,000	-

Which funds bought or sold RNGR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.9	-8,059	16,687	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-33.00	-85,190	241,730	-%
May 16, 2024	COMERICA BANK	unchanged	-	201	2,134	-%
May 15, 2024	STATE STREET CORP	added	7.41	557,454	3,485,110	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	new	-	967,214	967,214	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	added	18.08	658,815	2,832,310	-%
May 15, 2024	T. Rowe Price Investment Management, Inc.	reduced	-62.41	-10,042,000	7,119,000	-%
May 15, 2024	Royal Bank of Canada	reduced	-16.37	-17,000	204,000	-%
May 15, 2024	GENDELL JEFFREY L	added	409	4,995,670	6,076,160	0.23%
May 15, 2024	ROBOTTI ROBERT	unchanged	-	106,000	1,129,000	0.15%

Are Funds Buying or Selling RNGR?

Are funds buying RNGR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RNGR

No. of Funds

Unveiling Ranger Energy Services Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 08, 2024	leykum charles s.	15.6%	3,568,140	SC 13D/A
Mar 26, 2024	leykum charles s.	16.5%	3,737,140	SC 13D/A
Feb 14, 2024	t. rowe price investment management, inc.	6.9%	1,677,420	SC 13G/A
Feb 14, 2024	encompass capital advisors llc	6.20%	1,514,640	SC 13G/A
Dec 20, 2023	leykum charles s.	16.6%	4,043,140	SC 13D/A
Dec 05, 2023	leykum charles s.	17.7%	4,308,314	SC 13D/A
Nov 07, 2023	leykum charles s.	18.8%	4,608,314	SC 13D/A
Jul 10, 2023	t. rowe price investment management, inc.	10.4%	2,579,950	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	15.6%	3,882,758	SC 13G/A
Feb 14, 2023	encompass capital advisors llc	6.25%	1,555,555	SC 13G/A

Recent SEC filings of Ranger Energy Services Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 08, 2024	SC 13D/A	13D - Major Acquisition
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 22, 2024	4	Insider Trading
Apr 22, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 27, 2024	ARS	ARS
Mar 27, 2024	DEF 14A	DEF 14A
Mar 27, 2024	DEFA14A	DEFA14A

Peers (Alternatives to Ranger Energy Services Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	69.4B	-	-4.37%	8.34%	16.01	18.27	-86.47%	12.21%
HAL	33.6B	23.1B	-0.37%	26.88%	12.92	1.45	6.71%	32.21%
MID-CAP
FTI	11.4B	8.1B	4.54%	95.93%	53.62	1.4	18.75%	572.06%
NOV	7.5B	8.8B	3.30%	25.61%	7.65	0.86	14.70%	198.19%
CHX	6.5B	3.7B	-4.71%	24.12%	17.98	1.75	-4.02%	100.20%
LBRT	3.9B	4.6B	10.08%	85.95%	8.29	0.86	-1.29%	-16.22%
AROC	3.2B	1.0B	8.02%	114.81%	24.95	3.13	17.17%	118.50%
SMALL-CAP
DNOW	1.5B	2.3B	-6.84%	44.28%	6.15	0.63	2.36%	81.92%
CLB	681.3M	-	8.21%	-15.05%	28.73	1.36	-	-
DRQ	662.9M	443.5M	-3.02%	-19.45%	-30.56	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	261.8M	701.7M	-21.46%	-25.01%	10.22	0.37	0.29%	55.69%

Ranger Energy Services Inc News

Latest updates

Ranger Energy Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-9.6%	136,900	151,500	164,400	163,200	157,500	154,300	177,000	153,600	123,600	123,100	81,700	50,000	38,300	41,500	34,600	30,700	81,000	80,200	84,100	84,300	88,300
Costs and Expenses	-6.5%	137,400	146,900	152,700	151,800	148,300	145,200	159,000	155,800	128,800	139,700	89,800	58,500	45,600	49,600	39,600	38,800	77,000	78,600	82,500	80,300	83,100
S&GA Expenses	-100.0%	-	6,800	7,000	7,300	8,400	7,500	11,000	11,200	10,200	17,850	7,100	6,200	3,500	7,000	4,600	5,500	5,000	6,500	6,700	6,300	7,200
EBITDA Margin	-8.5%	0.11*	0.12*	0.12*	0.13*	0.13*	0.11*	0.14*	0.11*	0.10*	0.11*	0.02*	0.04*	0.05*	0.11*	0.12*	0.13*	0.14*	0.14*	0.15*	0.15*	0.14*
Interest Expenses	14.3%	800	700	700	900	1,200	1,600	1,800	1,800	2,100	2,500	1,200	700	600	700	800	800	1,100	1,200	1,400	1,900	1,300
Income Taxes	-127.8%	-500	1,800	1,600	2,000	1,800	-100	3,400	-800	-1,600	-6,300	-200	-100	400	-	-100	-	100	500	1,100	300	300
Earnings Before Taxes	-133.3%	-1,300	3,900	11,000	8,100	8,000	7,500	17,000	-1,200	-7,300	18,100	-9,300	-9,200	-7,900	-6,700	-5,800	-8,900	2,900	400	200	2,100	3,900
EBT Margin	-27.7%	0.04*	0.05*	0.05*	0.06*	0.05*	0.03*	0.05*	0.00*	-0.02*	-0.03*	-0.16*	-0.18*	-0.20*	-0.10*	-0.05*	-0.02*	0.02*	0.02*	0.02*	0.03*	0.03*
Net Income	-138.1%	-800	2,100	9,400	6,100	6,200	7,600	13,600	-400	-5,700	24,400	-5,600	-5,600	-4,600	-3,700	-3,200	-4,900	1,500	-700	-500	1,000	2,000
Net Income Margin	-27.1%	0.03*	0.04*	0.05*	0.05*	0.04*	0.02*	0.06*	0.03*	0.02*	0.03*	-0.09*	-0.10*	-0.11*	-0.05*	-0.03*	-0.02*	0.00*	0.01*	0.01*	0.02*	0.01*
Free Cashflow	-81.1%	5,500	29,100	-2,800	16,000	12,000	20,900	7,700	15,800	-13,700	-64,500	25,400	-3,600	-2,300	-2,600	2,500	14,600	3,800	11,000	18,500	-900	-900

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-6.0%	356	378	394	365	376	382	408	386	395	393	339	251	235	241	241	248	296	294	308	318	324
Current Assets	-14.0%	117	135	151	128	140	140	162	130	126	105	126	51.00	37.00	36.00	29.00	27.00	65.00	59.00	69.00	73.00	75.00
Cash Equivalents	-29.3%	11.00	16.00	8.00	6.00	14.00	4.00	5.00	5.00	4.00	1.00	45.00	3.00	2.00	3.00	3.00	6.00	11.00	7.00	8.00	2.00	6.00
Inventory	0%	6.00	6.00	8.00	8.00	7.00	6.00	5.00	4.00	4.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	4.00	4.00	3.00	8.00	6.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	223	228	231
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	2.00	-	-	-	-	-	-	-	-	-
Liabilities	-11.7%	94.00	106	113	91.00	103	115	151	143	152	144	163	74.00	58.00	56.00	51.00	53.00	93.00	91.00	106	116	127
Current Liabilities	-15.9%	58.00	69.00	80.00	60.00	67.00	75.00	108	106	115	103	125	40.00	35.00	33.00	31.00	28.00	71.00	55.00	59.00	58.00	66.00
Long Term Debt	-	-	-	-	-	7.00	12.00	13.00	14.00	16.00	18.00	16.00	13.00	14.00	15.00	12.00	17.00	14.00	27.00	37.00	48.00	49.00
LT Debt, Current	-100.0%	-	0.00	10.00	0.00	9.00	7.00	30.00	42.00	61.00	44.00	35.00	10.00	10.00	10.00	10.00	10.00	32.00	16.00	16.00	16.00	16.00
LT Debt, Non Current	-	-	-	-	-	7.00	12.00	13.00	14.00	16.00	18.00	16.00	13.00	14.00	15.00	12.00	17.00	14.00	27.00	37.00	48.00	49.00
Shareholder's Equity	-3.7%	262	272	281	264	272	266	258	243	243	249	176	176	177	185	104	106	110	203	114	113	105
Retained Earnings	-6.7%	27.00	28.00	28.00	20.00	13.00	7.00	-0.50	-14.10	-13.70	-8.00	-34.20	-28.60	-23.00	-18.40	-14.70	-11.50	-6.60	-8.10	-7.40	-6.90	-7.90
Additional Paid-In Capital	0.1%	267	266	265	264	263	263	262	261	260	260	152	140	125	124	122	121	120	122	122	120	112
Shares Outstanding	-7.6%	23.00	25.00	25.00	25.00	25.00	23.00	25.00	21.00	18.00	12.00	10.00	10.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	8.00
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	62.00	69.00	79.00	83.00	87.00	89.00	93.00	90.00	89.00	89.00	92.00
Float	-	-	-	-	147	-	-	-	146	-	-	-	50.00	-	-	-	14.00	-	-	-	42.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-68.2%	12,000	37,700	12,200	23,500	17,400	26,000	10,700	19,900	-12,100	-62,800	27,500	-2,200	-1,900	-1,800	3,100	15,700	8,500	15,600	22,100	4,300	9,900
Share Based Compensation	8.3%	1,300	1,200	1,200	1,300	1,100	1,000	1,100	900	800	1,100	300	900	900	900	1,100	900	800	900	900	900	600
Cashflow From Investing	14.9%	-5,700	-6,700	-14,800	-7,100	-1,100	-1,200	4,300	3,200	5,000	-30,500	-1,000	-4,900	-	200	-100	-900	-4,600	-4,400	-3,500	-5,000	-10,500
Cashflow From Financing	53.6%	-10,900	-23,500	4,400	-24,400	-5,600	-26,300	-14,900	-21,800	10,300	49,100	14,900	9,000	600	1,000	-5,600	-20,200	600	-12,300	-12,300	-3,300	3,700
Buy Backs	-20.6%	8,500	10,700	2,700	5,500	400	-	-	-	-	-	-	-	-	-	-	-	3,100	400	300	-	-

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RNGR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue
Total revenue	$ 136.9	$ 157.5
Cost of services (exclusive of depreciation and amortization):
Cost of services	120.8	130.9
General and administrative	6.7	8.4
Depreciation and amortization	11.2	10.0
Gain on sale of assets	(1.3)	(1.0)
Total operating expenses	137.4	148.3
Operating income (loss)	(0.5)	9.2
Other expenses
Interest expense, net	0.8	1.2
Total other expenses	0.8	1.2
Income (loss) before income tax expense (benefit)	(1.3)	8.0
Income tax expense (benefit)	(0.5)	1.8
Net income (loss)	$ (0.8)	$ 6.2
Income (loss) per common share
Basic (in dollars per share)	$ (0.04)	$ 0.25
Diluted (in dollars per share)	$ (0.03)	$ 0.25
Weighted average common shares outstanding
Basic (in shares)	22,738,286	24,940,335
Diluted (in shares)	22,922,284	25,209,980
High specification rigs
Revenue
Total revenue	$ 79.7	$ 77.5
Cost of services (exclusive of depreciation and amortization):
Cost of services	66.3	60.1
Wireline services
Revenue
Total revenue	32.8	49.9
Cost of services (exclusive of depreciation and amortization):
Cost of services	32.6	45.7
Processing solutions and ancillary services
Revenue
Total revenue	24.4	30.1
Cost of services (exclusive of depreciation and amortization):
Cost of services	$ 21.9	$ 25.1

RNGR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 11.1	$ 15.7
Accounts receivable, net	70.6	85.4
Contract assets	21.2	17.7
Inventory	6.4	6.4
Prepaid expenses	6.6	9.6
Assets held for sale	0.6	0.6
Total current assets	116.5	135.4
Property and equipment, net	223.1	226.3
Intangible assets, net	6.1	6.3
Operating leases, right-of-use assets	8.9	9.0
Other assets	0.9	1.0
Total assets	355.5	378.0
Liabilities and Stockholders' Equity
Accounts payable	21.7	31.3
Accrued expenses	27.0	29.6
Other financing liability, current portion	0.6	0.6
Long-term debt, current portion	0.0	0.1
Short-term lease liability	7.4	7.3
Other current liabilities	1.3	0.1
Total current liabilities	58.0	69.0
Long-term lease liability	14.2	14.9
Other financing liability	10.8	11.0
Deferred tax liability	10.8	11.3
Total liabilities	93.8	106.2
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock, $0.01 per share; 50,000,000 shares authorized; no shares issued or outstanding as of March 31, 2024 and December 31, 2023	0.0	0.0
Less: Class A Common Stock held in treasury at cost; 3,204,228 treasury shares as of March 31, 2024 and 2,357,328 treasury shares as of December 31, 2023	(31.6)	(23.1)
Retained earnings	26.5	28.4
Additional paid-in capital	266.5	266.2
Total stockholders' equity	261.7	271.8
Total liabilities and stockholders' equity	355.5	378.0
Class A Common Stock
Stockholders' equity
Common stock A and B	0.3	0.3
Class B Common Stock
Stockholders' equity
Common stock A and B	$ 0.0	$ 0.0

About Ranger Energy Services Inc

Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion 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 428 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 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 67 wireline units and 13 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; decommissioning services; fluid management services; offers proprietary and modular equipment for the processing of natural gas; coil tubing services; and snubbing services. 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 based in Houston, Texas.

CEO	Mr. Stuart N. Bodden
WEBSITE	rangerenergy.com
INDUSTRY	Oil - Services
EMPLOYEES	2000

Ranger Energy Services Inc Frequently Asked Questions

What is the ticker symbol for Ranger Energy Services Inc? What does RNGR stand for in stocks?

RNGR is the stock ticker symbol of Ranger Energy Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ranger Energy Services Inc (RNGR)?

As of Fri May 17 2024, market cap of Ranger Energy Services Inc is 237.39 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RNGR stock?

You can check RNGR's fair value in chart for subscribers.

What is the fair value of RNGR stock?

You can check RNGR's fair value in chart for subscribers. The fair value of Ranger Energy Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ranger Energy Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RNGR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ranger Energy Services Inc a good stock to buy?

The fair value guage provides a quick view whether RNGR is over valued or under valued. Whether Ranger Energy Services Inc is cheap or expensive depends on the assumptions which impact Ranger Energy Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RNGR.

What is Ranger Energy Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RNGR's PE ratio (Price to Earnings) is 14.13 and Price to Sales (PS) ratio is 0.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RNGR PE ratio will change depending on the future growth rate expectations of investors.