Welcome to our dedicated page for Ranger Energy Se news (Ticker: RNGR), a resource for investors and traders seeking the latest updates and insights on Ranger Energy Se stock.
Ranger Energy Services Inc (RNGR) provides essential onshore well services and processing solutions for the energy sector. This news hub offers investors and industry professionals centralized access to official updates and market-relevant developments.
Track critical announcements including quarterly earnings, equipment deployments, and operational milestones. Our curated collection features press releases covering rig fleet expansions, wireline service innovations, and strategic partnerships within the oilfield services sector.
Key updates include technical service enhancements, safety protocol implementations, and market expansion initiatives. Users will find detailed information on RNGR's high-specification rig operations, completion services advancements, and processing technology deployments.
Bookmark this page for streamlined access to Ranger Energy Services' official communications. Check regularly for verified updates about their specialized well intervention solutions and E&P sector support services.
Ranger Energy Services reported mixed Q1 2025 financial results with revenue of $135.2 million, showing a slight 1% year-over-year decrease and 6% sequential decline. Despite challenging weather conditions, the company achieved net income of $0.6 million ($0.03 per share), improving from a loss in Q1 2024.
Key financial metrics include:
- Adjusted EBITDA of $15.5 million (11.4% margin)
- Free Cash Flow of $3.4 million ($0.19 per share)
- Strong liquidity position with $40.3 million cash and $104.4 million total liquidity
The High Specification Rigs segment performed well with record revenue, while Wireline Services faced challenges due to weather impacts. The company maintained its quarterly dividend at $0.06 per share and continues its share repurchase program, having bought back 3,325,800 shares worth $34.8 million to date.
Ranger Energy Services (NYSE: RNGR) has scheduled its first quarter 2025 earnings release and conference call. The company will announce its Q1 2025 financial and operating results after market close on Tuesday, April 29, 2025.
Management will host an earnings conference call on Wednesday, April 30, 2025 at 10:00 a.m. Eastern time (9:00 a.m. Central time). Investors can participate by dialing 1-833-255-2829 (domestic) or 1-412-902-6710 (international). A replay will be available on the company's website at www.rangerenergy.com.
Stem (NYSE: STEM) has strengthened its Board of Directors with two strategic appointments effective March 17, 2025. Krishna Shivram, Managing Partner at Veritec Capital Partners, joins as Class I director, bringing expertise in corporate finance and M&A. Vasudevan (Vasu) Guruswamy, with 30+ years in energy software leadership, joins as Class III director.
These appointments align with Stem's software-forward strategy and focus on disciplined financial management. Shivram currently serves on boards of Ranger Energy Services and Allison Transmission Holdings, while Guruswamy brings experience as a former global VP of software services for a leading energy technology company.
Board Chairman David Buzby emphasized that these appointments, combined with recent senior executive additions, position Stem to build a world-class energy software company.
Ranger Energy Services (NYSE: RNGR) reported strong Q4 and full year 2024 results, with annual revenue of $571.1 million and net income of $18.4 million ($0.81 per share). The company achieved full-year Adjusted EBITDA of $78.9 million with 13.8% margin.
Key highlights include record Q4 profitability, $50.4 million in Free Cash Flow for 2024, and enhanced shareholder returns with over 40% of FCF returned through dividends and buybacks. The company increased its quarterly dividend by 20% to $0.06 per share.
High-Specification Rigs segment delivered record performance, while Ancillary Services showed improved profitability in Plugging and Abandonment, Rentals, and Torrent services. However, the Wireline Services segment experienced seasonal decline in Q4.
The company ended 2024 with $112.1 million in liquidity, including $40.9 million cash on hand. Through its share repurchase program, Ranger bought back 1.52 million shares in 2024 at an average price of $10.11 per share.
Ranger Energy Services (NYSE:RNGR) has scheduled its fourth quarter and full year 2024 earnings release for Monday, March 3, 2025, after market close. The company will host an earnings conference call on Tuesday, March 4, 2025, at 10:00 a.m. Eastern time (9:00 a.m. Central time).
Investors can participate in the call by dialing 1-833-255-2829 (domestic) or 1-412-902-6710 (international). The call and replay will also be accessible through the company's website at www.rangerenergy.com.
Ranger Energy Services (NYSE: RNGR) reported Q3 2024 results with revenue of $153.0 million, up 11% from Q2 but down 7% year-over-year. Net income reached $8.7 million ($0.39 per share), showing an 85% increase from Q2. Adjusted EBITDA was $25.1 million, up 20% quarter-over-quarter. The company generated Free Cash Flow of $10.8 million and continued its shareholder returns with 155,200 shares repurchased during Q3. High Specification Rigs segment achieved record revenues, while Wireline Services showed improvement in margins despite lower completions activity.
Ranger Energy Services, Inc. (NYSE:RNGR) has announced its schedule for the third quarter 2024 earnings conference call. The company will release its financial and operating results before the market opens on Monday, October 28, 2024. Following this, management will host an earnings conference call at 10:00 a.m. Eastern time (9:00 a.m. Central time).
Interested parties can join the call by dialing 1-833-255-2829 for domestic calls or 1-412-902-6710 for international calls, requesting to join the Ranger Energy Services call. Alternatively, participants can access the call via the company's website at www.rangerenergy.com. A replay of the conference call will be available on the company's website after the event.
Ranger Energy Services (NYSE: RNGR) reported Q2 2024 results with revenue of $138.1 million, a slight increase from Q1 2024 but down from Q2 2023. Net income was $4.7 million ($0.21 per share), up from a Q1 2024 loss but down year-over-year. Adjusted EBITDA reached $21.0 million, a 93% improvement from Q1 2024. The company's High Specification Rig segment set a new revenue record of $82.7 million. Ranger repurchased 518,200 shares for $5.3 million in Q2, bringing total repurchases to 14% of outstanding shares. The company declared a $0.05 quarterly dividend and reported Free Cash Flow of $6.8 million for the quarter.
Ranger Energy Services, Inc. (NYSE:RNGR) has announced its schedule for releasing second quarter 2024 financial and operating results. The company will report its results after the market closes on Monday, July 29, 2024. Following this, management will host an earnings conference call on Tuesday, July 30, 2024, at 9:00 a.m. Eastern time (8:00 a.m. Central time).
Interested parties can join the call by dialing 1-833-255-2829 for domestic calls or 1-412-902-6710 for international calls. Alternatively, they can access the call via the company's website at www.rangerenergy.com. A replay of the conference call will be available on the company's website after the call concludes.
Ranger Energy Services, Inc. announced Q1 2024 results with revenue of $136.9 million, a 13% decrease from Q1 2023. Net loss of $0.8 million, adjusted EBITDA of $10.9 million, and free cash flow of $5.5 million. The company repurchased 846,900 shares for $8.5 million and declared a quarterly dividend of $0.05 per share. Despite challenges in completions market, the company remains optimistic about future opportunities.
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