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HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights – Revenue of $136.9 million, a 13% decrease from $157.5 million in first quarter 2023 driven by declines in wireline completions and ancillary services – High specification rig revenue of $79.7 milli...
HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report first quarter financial and operating results before the market opens for trading on Tuesday, May 7, 2024. Following the announcement, the Company's management will host an earnings conference call at 9:00 a.m. Eastern time (8:00 a.m. Central time). Interested parties are invited to join the call by d...
Ranger Energy Services, Inc. (NYSE:RNGR ) Q4 2023 Earnings Conference Call March 5, 2024 11:00 AM ET Company Participants Stuart Bodden – Chief Executive Officer Melissa Cougle – Chief Financial Officer Conference Call Participants Luke Lemoine – Piper Sandler Don Crist – Johnson Rice Derek Podhaizer – Barclays John Daniel – Daniel Energy Partners William Kim – Custodio Asset Management Operato...
HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the fourth quarter and full year ended December 31, 2023. Highlights – Full year 2023 revenue of $636.6 million, a 5% increase from $608.5 million in 2022 – Full year 2023 net income of $23.8 million, or $0.95 per fully diluted share, up from $15.1 million, or $0.65 pe...
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HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report fourth quarter and full year 2023 financial and operating results before the market opens for trading on Tuesday, March 5, 2024. Following the announcement, the Company's management will host an earnings conference call the morning of Tuesday, March 5, 2024 at 11:00 a.m. Eastern time (10:00 a.m. Centr...
Ranger Energy Services managed to shine in 2023, despite challenging market conditions, securing respectable profits, and reinforcing its balance sheet. The recent stability in rig count numbers and positive outlook from industry giants suggest a promising future for RNGR in 2024. It is worth considering risks as well, especially in light of the outlook given by Baker Hughes.
Ranger Energy Services Inc is a service provider in the oil and gas industry with a diversified product line. RNGR operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The company has shown strong revenue growth and margin improvements, with room for further upside in the short term.
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