STOCK TITAN

Ranger Energy Services Inc - RNGR STOCK NEWS

Welcome to our dedicated news page for Ranger Energy Services (Ticker: RNGR), a resource for investors and traders seeking the latest updates and insights on Ranger Energy Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ranger Energy Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ranger Energy Services's position in the market.

Rhea-AI Summary
International Seaways, Inc. (NYSE: INSW) announced the nomination of new independent directors, Kristian K. Johansen and Darron M. Anderson, for election at the 2024 Annual Meeting of Stockholders. The Company will refresh its Board by nominating these directors, with Joseph I. Kronsberg retiring. The nominations follow discussions with Seatankers Group and an independent search process. The Company aims to leverage the new directors' expertise to drive strong earnings and execute its capital allocation strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Ranger Energy Services, Inc. (RNGR) reported strong financial results for the fourth quarter and full year 2023, with a 5% increase in revenue to $636.6 million, net income of $23.8 million, and Adjusted EBITDA of $84.4 million. The company executed a capital allocation strategy involving debt pay down, dividend initiation, and share repurchases, returning $21.7 million to shareholders in 2023. Additionally, Ranger published its first Sustainability Report.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.47%
Tags
-
Rhea-AI Summary
Ranger Energy Services, Inc. (RNGR) will announce its Q4 and full-year 2023 financial results on March 5, 2024. The management will host an earnings conference call for investors. The CEO and CFO will participate in key industry conferences to discuss business strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
Rhea-AI Summary
Ranger Energy Services announces the appointment of Carla Mashinski and Sean Woolverton to its Board of Directors, effective January 1, 2024. William Austin and Richard Agee will retire from the Board, and Michael Kearney will succeed Mr. Austin as Chairman. The new members bring decades of experience in the oil and gas industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.31%
Tags
management
-
Rhea-AI Summary
Ranger Energy Services, Inc. (NYSE: RNGR) reported its third-quarter 2023 results. Revenue increased by 1% to $164.4 million compared to the second quarter. Net income was $9.4 million, up from $6.1 million in the previous quarter. Adjusted EBITDA increased by 10% to $24.0 million. Year-to-date revenue increased by 7% to $485.1 million compared to the prior year. Net income tripled to $21.7 million. Adjusted EBITDA increased by 14% to $66.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.31%
Tags
-
Rhea-AI Summary
Ranger Energy Services to report Q3 financial and operating results on October 31, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
Rhea-AI Summary
Ranger Energy Services to present at Sidoti Small-Cap Virtual Conference on Sep 21, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
conferences
-
Rhea-AI Summary
Ranger Energy Services to present at Barclays CEO Energy-Power Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
Tags
conferences
-
Rhea-AI Summary
Ranger Energy Services, Inc. (NYSE: RNGR) reported its Q2 2023 results, showing a 6% increase in revenue to $163.2 million and a net income of $6.1 million, compared to a net loss of $0.4 million in Q2 2022. Adjusted EBITDA increased by 22% to $21.9 million. The company achieved its goal of becoming net debt zero and initiated a quarterly dividend of $0.05 per share of common stock. Year-to-date revenue increased by 16% to $320.7 million, with a net income of $12.3 million, up 302% from the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.51%
Tags
Rhea-AI Summary
Ranger Energy Services, Inc. (NYSE:RNGR) to Report Q2 Financial Results and Host Earnings Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Ranger Energy Services Inc

NYSE:RNGR

RNGR Rankings

RNGR Stock Data

273.48M
14.59M
4.16%
66.28%
2.01%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Houston

About RNGR

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, completion and other services, and processing solutions. the high specification rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. it also rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools. this segment also has a fleet of 139 well service rigs. the completion and other services segment provides wireline completion services necessary to bring a well on production and other ancillary services utilized in conjunction with rig services to maintain the production of a well. the processing solutions segment offers proprietary