Ranger Energy Services, Inc. RNGR
Ranger Energy Services, Inc. ("Ranger, Inc.," "Ranger," "we," "us," "our" or the "Company") is a provider of onshore high specification well service rigs, wireline services, and additional processing solutions and ancillary services in the United States ("U.S."). The Company provides an extensive range of well site services to leading U.S. E&P companies that are fundamental to establishing and maintaining the flow of oil and natural gas throughout the productive life of a well.
Our service offerings consist of well completion support, well workover and maintenance, wireline associated services, and other complementary services, as well as installation, commissioning and operating of modular equipment, which are conducted in three reportable segments, as follows:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $546.9M | $571.1M | $636.6M | $608.5M | $293.1M | $187.8M | $336.9M | $303.1M | $154.0M | $52.8M |
| SG&A | $29.6M | $27.8M | $29.5M | $39.9M | $34.6M | $22.1M | $26.7M | $29.0M | $30.4M | $11.4M |
| Total operating expenses | $531.5M | $542.5M | $599.7M | $588.8M | $333.6M | $205.0M | $324.5M | $305.2M | $174.6M | $57.3M |
| Operating income | $15.4M | $28.6M | $36.9M | $19.7M | -$40.5M | -$17.2M | $12.4M | -$2.1M | -$20.6M | -$4.5M |
| Interest expense | $1.2M | $2.6M | $3.5M | $7.3M | $5.0M | $3.4M | $5.8M | $3.7M | $6.3M | $500.0K |
| Pre-tax income | $17.8M | $26.0M | $31.0M | $16.0M | -$8.3M | -$18.5M | $6.6M | -$5.8M | -$26.9M | -$5.0M |
| Income tax | $5.5M | $7.6M | $7.2M | $900.0K | $6.2M | $0 | $2.2M | $0 | $400.0K | — |
| Net income | $12.3M | $18.4M | $23.8M | $15.1M | $8.6M | -$10.3M | $1.8M | -$3.3M | -$6.6M | -$5.0M |
| EPS, basic | 0.55 | 0.82 | 0.97 | 0.66 | 0.73 | -1.21 | 0.21 | -0.39 | -0.78 | — |
| EPS, diluted | 0.54 | 0.81 | 0.95 | 0.65 | 0.63 | -1.21 | 0.21 | -0.39 | -0.78 | — |
| Shares, diluted (wtd. avg.) | 22.7M | 22.9M | 25.0M | 23.4M | 13.6M | 8.5M | 8.6M | 8.4M | 8.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $10.3M | $40.9M | $15.7M | $3.7M | $600.0K | $2.8M | $6.9M | $2.6M | $5.3M | $3.4M |
| Receivables | $77.9M | $68.4M | $85.4M | $91.2M | $80.8M | $25.9M | $41.5M | $45.4M | $32.1M | $13.4M |
| Inventory | $3.1M | $5.7M | $6.4M | $5.9M | $2.5M | $2.3M | $3.8M | $4.9M | $1.5M | — |
| Total current assets | $121.2M | $143.9M | $135.4M | $140.1M | $105.2M | $35.7M | $58.7M | $61.1M | $49.1M | $22.3M |
| Property, plant and equipment | — | — | — | — | $270.6M | $189.4M | $218.9M | $229.8M | $189.2M | $102.4M |
| Goodwill | — | — | — | — | — | — | — | $0 | $9.0M | $1.6M |
| Other intangibles | $4.9M | $5.6M | $6.3M | $7.1M | $7.8M | $8.5M | $9.3M | $10.0M | $10.8M | $9.2M |
| Total assets | $419.3M | $381.6M | $378.0M | $381.6M | $393.1M | $240.6M | $293.5M | $302.5M | $259.7M | $135.7M |
| Accounts payable | $25.3M | $27.2M | $31.3M | $24.3M | $20.7M | $10.5M | $13.8M | $17.2M | $32.0M | $4.7M |
| Short-term debt | $3.5M | $0 | $100.0K | $6.8M | $44.1M | $10.0M | $15.8M | $15.8M | $1.3M | $2.3M |
| Total current liabilities | $69.2M | $65.2M | $69.0M | $74.5M | $102.7M | $33.0M | $55.1M | $58.9M | $52.9M | $11.9M |
| Long-term debt | — | $0 | $0 | $11.6M | $18.4M | $14.5M | $26.6M | $44.7M | $5.8M | $9.8M |
| Total liabilities | $119.2M | $107.8M | $106.2M | $115.4M | $144.4M | $55.8M | $90.5M | $110.5M | $64.0M | $23.1M |
| Retained earnings | $48.9M | $42.2M | $28.4M | $7.1M | -$8.0M | -$18.4M | -$8.1M | -$9.9M | -$6.6M | — |
| Total equity | $300.1M | $273.8M | $271.8M | $266.2M | $248.7M | $184.8M | $203.0M | $192.0M | $195.7M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $69.0M | $84.5M | $90.8M | $44.5M | -$39.4M | $25.5M | $51.9M | $27.6M | -$17.3M | -$5.2M |
| Depreciation and amortisation | $46.3M | $44.1M | $39.9M | $44.4M | $36.8M | $35.0M | $34.8M | $30.3M | $17.8M | $6.6M |
| Stock-based compensation | $6.5M | $5.8M | $4.8M | $3.8M | $3.2M | $3.7M | $3.3M | $2.1M | $1.2M | $500.0K |
| Capital expenditure | $26.1M | $34.1M | $36.5M | $13.8M | $5.6M | $7.2M | $24.2M | $75.9M | $21.7M | $11.2M |
| Investing cash flow | -$76.1M | -$31.1M | -$29.7M | $11.3M | -$36.4M | -$5.4M | -$23.4M | -$74.4M | -$68.9M | -$25.4M |
| Financing cash flow | -$23.5M | -$28.2M | -$49.1M | -$52.7M | $73.6M | -$24.2M | -$24.2M | $44.1M | $88.1M | $31.1M |
| Dividends paid | $5.5M | $4.5M | $2.4M | $0 | — | — | — | — | — | $3.0M |
| Buybacks | $12.2M | $15.5M | $19.3M | $0 | $0 | $3.1M | $700.0K | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-015248.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.8M | $154.0M | $303.1M | $336.9M | $187.8M | $293.1M | $608.5M | $636.6M | $571.1M | $546.9M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$5.0M | -$6.6M | -$3.3M | $1.8M | -$10.3M | $8.6M | $15.1M | $23.8M | $18.4M | $12.3M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 1389
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SLB | SLB LIMITED/NV | $78.75B | 22.6x | -1.6% |
| HAL | HALLIBURTON CO | $29.09B | — | -3.3% |
| OII | OCEANEERING INTERNATIONAL INC | $3.91B | 11.3x | 4.1% |
| LBRT | Liberty Energy Inc. | $2.54B | 17.5x | -7.2% |
| NESR | National Energy Services Reunited Corp. | $2.06B | 39.3x | 1.7% |
| HLX | HORNBECK OFFSHORE SERVICES, INC. | $1.56B | 50.5x | -4.9% |
| WBI | WaterBridge Infrastructure LLC | $1.45B | — | 66.2% |
| RES | RPC INC | $1.39B | 41.7x | 15.0% |