Ranger Energy Services, Inc. filings document the operating results, governance, capital structure and material events of a U.S. oilfield services company focused on high specification rigs, cased hole wireline, processing solutions and ancillary well services. Form 8-K reports furnish quarterly and annual financial results, cash dividend declarations, material agreements and completed acquisition activity, including the American Well Services transaction.
Ranger's proxy filings cover board and executive compensation matters, equity awards, shareholder voting items and governance disclosures. Its material-event filings also address customer contracts for ECHO Hybrid Electric Rigs, board succession matters, common-stock issuance and other capital-structure disclosures tied to the company's well-service operations.
Ranger Energy Services reported second-quarter 2026 results with revenue of $176.5 million, net income of $6.9 million and diluted EPS of $0.29. Adjusted EBITDA was $28.6 million, a 16.2% margin, higher than both the first quarter of 2026 and the prior-year quarter.
High Specification Rigs, Processing Solutions and Ancillary Services, and Wireline all contributed, including a shift to positive operating income and higher Adjusted EBITDA in Wireline. Management highlighted achieving an annualized EBITDA run-rate above $100 million following the AWS acquisition.
Free Cash Flow was $20.0 million in the quarter, supporting repurchases of 282,900 shares for $4.5 million and a quarterly dividend of $0.06 per share. Liquidity totaled $61.3 million, while year-to-date Free Cash Flow was negative $1.7 million as accounts receivable and contract assets increased due to customer payment delays.
The board declared a $0.06 per share cash dividend payable August 21, 2026 to stockholders of record on August 7, 2026, and the company emphasized continued investment in its ECHO hybrid rig fleet and growth opportunities across service lines.
Ranger Energy Services, Inc. director Carla S. Mashinski reported the settlement of 10,712.0000 Restricted Stock Units, each representing a right to receive one share of Class A Common Stock without payment. These units were converted into 10,712.0000 Class A Common Stock at a reported value of $15.6900 per share, and a separate transaction shows a disposition to the issuer of 3,214.0000 Class A Common Stock at $15.6900 per share.
Ranger Energy Services, Inc. director Michael C. Kearney exercised 10,712 Restricted Stock Units, converting them into 10,712 shares of Class A Common Stock on 2026-07-24. Each unit represents one share. On the same date, he disposed of 3,214 shares of Class A Common Stock to the issuer at $15.69 per share. The Restricted Stock Unit balance reported after this conversion is 0.
Ranger Energy Services, Inc. director Sean C. Woolverton reported equity compensation activity involving restricted stock units and Class A Common Stock. On 2026-07-24, he converted 10,712 restricted stock units, each representing a right to receive one share of Class A Common Stock without payment, into 10,712 Class A shares at a reported transaction price of 15.6900 per share. On the same date, 3,214 Class A shares were reported as a disposition to the issuer at 15.6900 per share.
Ranger Energy Services director Shivram Krishna exercised 10,712 Restricted Stock Units, converting them into 10,712 shares of Class A Common Stock at $15.69 per share. Following this derivative exercise, he now directly holds 51,562 shares of Ranger Energy Class A Common Stock.
Ranger Energy Services, Inc. executive J. Matt Hooker, Executive VP, Well Services, sold 1,291 shares of Class A Common Stock on July 23, 2026 at $16.50 per share in a sale described as an open-market or private transaction under a Rule 10b5-1 trading plan. Following this sale, he directly holds 99,148 shares of Class A Common Stock.
Royce & Associates reports passive ownership of Class A common stock of Ranger Energy Services, Inc. Royce & Associates beneficially owns 1,296,607 shares, representing 5.46% of this class. It has sole power to vote and dispose of all these shares and no shared voting or dispositive power.
The shares are held for investment management clients of Royce & Associates and related entities, and are reported as being acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of Ranger Energy Services. Royce & Associates disclaims pecuniary interest and beneficial ownership beyond what is required under Rule 13d-3.
Ranger Energy Services, Inc. Executive Vice President, Well Services, Hooker J. Matt reported an open-market sale of 2,269 shares of Class A Common Stock on July 13, 2026 at $16.50 per share. Following the transaction, he holds 100,439 shares of the stock directly.
A holder of common stock of RNGR, identified as John Matthew Hooker, filed a notice of proposed sales under Rule 144. The notice lists three blocks of restricted common shares to be sold: 5,300 shares dated March 14, 2026, 2,587 shares dated March 13, 2026, and 7,444 shares dated March 3, 2026, with a planned sale date of July 13, 2026.
Ranger Energy Services filed a Form 8-K to furnish an investor presentation from the East Coast IDEAS Conference, outlining its production-focused well service strategy, financial profile and growth plans. The deck highlights a share price of $16.35, fully diluted market capitalization of $413.8 million and enterprise value of $406.9 million as of June 4, 2026.
Trailing twelve-month Adjusted EBITDA is $81.0 million and the company reports a 1.5% dividend yield. For 2025, Adjusted EBITDA was $73.2 million, with Free Cash Flow of $42.9 million, reflecting 59% Free Cash Flow conversion. Management emphasizes a strong balance sheet with net debt at roughly one-third of TTM EBITDA, an expectation to reach net debt zero before the end of fiscal 2026, and a framework to return at least 25% of Free Cash Flow annually, having returned about 40% since 2023.
The presentation describes Ranger as the largest well service provider in the United States with 219 total rigs and 193 active rigs, a focus on High-Spec Rigs, and innovation through its ECHO hybrid electric rig program, including contracts to build and deploy 17 ECHO rigs for a major Permian operator.