Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment has a fleet of 431 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services that are used primarily for pump down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment has a fleet of 65 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; and coiled tubing, decommissioning, and snubbing services, as well as provides proprietary and modular equipment for the processing of natural gas streams. This segment also engages in the rental, installation, commissioning, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. The company was founded in 2014 and is headquartered in Houston, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $547M | $65M | $12M | $43M | 4.1% | -4.2% | -33.2% |
| 2024 | $571M | $73M | $18M | $50M | 6.7% | -10.3% | -22.7% |
| 2023 | $637M | $74M | $24M | $54M | 8.8% | 4.6% | 57.6% |
| 2022 | $609M | $68M | $15M | $31M | 5.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 608.50 | 636.60 | 571.10 | 546.90 |
| Operating Revenue | - | 608.50 | 636.60 | 571.10 | 546.90 |
| Cost Of Revenue | - | 548.30 | 571.60 | 516.90 | 502.90 |
| Gross Profit | - | 60.20 | 65 | 54.20 | 44 |
| Operating Expense | - | 39.90 | 29.50 | 27.80 | 29.60 |
| Selling General And Administration | - | 39.90 | 29.50 | 27.80 | 29.60 |
| Total Expenses | - | 588.20 | 601.10 | 544.70 | 532.50 |
| Operating Income | - | 20.30 | 35.50 | 26.40 | 14.40 |
| Total Operating Income As Reported | - | 19.70 | 36.90 | 28.60 | 15.40 |
| EBITDA | - | 67.70 | 74.40 | 72.70 | 65.30 |
| Normalized EBITDA | - | 64.70 | 75.40 | 70.50 | 64.30 |
| EBIT | - | 23.30 | 34.50 | 28.60 | 19 |
| Interest Expense | - | 7.30 | 3.50 | 2.60 | 1.20 |
| Net Interest Income | - | -7.30 | -3.50 | -2.60 | -1.20 |
| Other Non Operating Income Expenses | - | - | - | - | 3.60 |
| Other Income Expense | - | 3 | -1 | 2.20 | 4.60 |
| Interest Expense Non Operating | - | 7.30 | 3.50 | 2.60 | 1.20 |
| Net Non Operating Interest Income Expense | - | -7.30 | -3.50 | -2.60 | -1.20 |
| Pretax Income | - | 16 | 31 | 26 | 17.80 |
| Tax Provision | - | 0.90 | 7.20 | 7.60 | 5.50 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.17 | -0.23 | 0.64 | 0.31 |
| Net Income Continuous Operations | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Net Income From Continuing And Discontinued Operation | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Net Income From Continuing Operation Net Minority Interest | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Net Income | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Net Income Common Stockholders | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Net Income Including Noncontrolling Interests | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Normalized Income | - | 12.27 | 24.57 | 16.84 | 11.61 |
| Diluted NI Availto Com Stockholders | - | 15.10 | 23.80 | 18.40 | 12.30 |
| Basic Average Shares | - | 22.97 | 24.60 | 22.52 | 22.36 |
| Diluted Average Shares | - | 23.37 | 24.99 | 22.85 | 22.68 |
| Reconciled Depreciation | - | 44.40 | 39.90 | 44.10 | 46.30 |
| Reconciled Cost Of Revenue | - | 548.30 | 571.60 | 516.90 | 502.90 |
| Total Unusual Items | - | 3 | -1 | 2.20 | 1 |
| Total Unusual Items Excluding Goodwill | - | 3 | -1 | 2.20 | 1 |
| Minority Interests | 10.70 | 0 | - | - | - |
| Special Income Charges | - | 3 | -1 | 2.20 | 1 |
| Other Special Charges | 0.20 | - | 2.40 | - | - |
| Impairment Of Capital Assets | - | 1.30 | 0.40 | 0 | 0.40 |
| Restructuring And Mergern Acquisition | -37.20 | -3.60 | 0 | - | - |
| General And Administrative Expense | - | 39.90 | 29.50 | 27.80 | 29.60 |
| Other Gand A | - | 39.90 | 29.50 | 27.80 | 29.60 |
| Gain On Sale Of Ppe | - | 0.70 | 1.80 | 2.20 | 1.40 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ranger Energy Services, Inc.this co. | RNGR | $389M | 31.59↑ premium | 1.29 | 4.1% | 6.28 |
| Oil States International, Inc. | OIS | $523M | - | 0.91 | -19.1% | - |
| Natural Gas Services Group, Inc. | NGS | $521M | 26.15 | 1.90 | 7.3% | 9.94 |
| Clean Energy Fuels Corp. | CLNE | $443M | -1.99 | 0.79 | -39.7% | -8.26 |
| Summit Midstream Corporation |
| - |
| - |
| - |
| - |
| - |
| - |
| SMC |
| $415M |
| -217.87 |
| 0.95 |
| -0.4% |
| 7.00 |
| NACCO Industries, Inc. | NC | $392M | 22.32 | 0.91 | 4.1% | 10.22 |
| enCore Energy Corp. | EU | $308M | -5.41 | 1.34 | -24.8% | -7.40 |
| PrimeEnergy Resources Corporation | PNRG | $299M | 11.35 | 1.38 | 12.2% | 2.72 |
| Infinity Natural Resources, Inc. | INR | $252M | 10.60 | 0.82 | 7.7% | 2.32 |
| Peer Median | - | 10.60 | 0.93 | 1.8% | 2.72 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Sep has averaged the highest return (+7.5%); Apr the lowest (-4.8%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.3%Positive MonthJan 2026: +10.30% | +13.0%Positive MonthFeb 2026: +12.97% | -1.6%Neutral MonthMar 2026: -1.61% | +1.9%Neutral MonthApr 2026: +1.87% | -11.5%Negative MonthMay 2026: -11.45% | +3.6%Positive MonthJun 2026: +3.56% | +0.2%Neutral MonthJul 2026: +0.25% | +9.1%*Positive MonthAug 2026: +9.10% | — | — | — | — |
| 2025 | +5.9%Positive MonthJan 2025: +5.88% | +2.0%Neutral MonthFeb 2025: +1.95% | -15.1%Negative MonthMar 2025: -15.08% | -21.8%Negative MonthApr 2025: -21.85% | -4.0%Negative MonthMay 2025: -3.97% | +12.1%Positive MonthJun 2025: +12.11% | +12.1%Positive MonthJul 2025: +12.14% | +6.6%Positive MonthAug 2025: +6.57% | -1.6%Neutral MonthSep 2025: -1.61% | -2.1%Negative MonthOct 2025: -2.14% | -1.7%Neutral MonthNov 2025: -1.67% | +3.5%Positive MonthDec 2025: +3.48% |
| 2024 | -0.7%Neutral MonthJan 2024: -0.68% | +3.2%Positive MonthFeb 2024: +3.25% | +7.6%Positive MonthMar 2024: +7.63% | -12.8%Negative MonthApr 2024: -12.84% | +7.2%Positive MonthMay 2024: +7.22% | -0.3%Neutral MonthJun 2024: -0.28% | +23.3%Positive MonthJul 2024: +23.29% | -4.0%Negative MonthAug 2024: -4.01% | -4.3%Negative MonthSep 2024: -4.34% | +9.0%Positive MonthOct 2024: +8.98% | +27.1%Positive MonthNov 2024: +27.12% | -6.2%Negative MonthDec 2024: -6.18% |
| 2023 | +3.5%Positive MonthJan 2023: +3.45% | -5.4%Negative MonthFeb 2023: -5.36% | -5.5%Negative MonthMar 2023: -5.47% | +9.9%Positive MonthApr 2023: +9.91% | -0.6%Neutral MonthMay 2023: -0.62% | -8.0%Negative MonthJun 2023: -8.00% | +2.5%Positive MonthJul 2023: +2.54% | +13.4%Positive MonthAug 2023: +13.43% | +19.1%Positive MonthSep 2023: +19.06% | -18.1%Negative MonthOct 2023: -18.12% | -16.0%Negative MonthNov 2023: -16.02% | +4.9%Positive MonthDec 2023: +4.92% |
| 2022 | -0.7%Neutral MonthJan 2022: -0.68% | -6.9%Negative MonthFeb 2022: -6.86% | +7.9%Positive MonthMar 2022: +7.89% | -1.3%Neutral MonthApr 2022: -1.27% | +3.6%Positive MonthMay 2022: +3.56% | -3.2%Negative MonthJun 2022: -3.24% | -9.4%Negative MonthJul 2022: -9.37% | +7.6%Positive MonthAug 2022: +7.62% | -1.1%Neutral MonthSep 2022: -1.11% | +7.4%Positive MonthOct 2022: +7.36% | +6.5%Positive MonthNov 2022: +6.48% | -1.5%Neutral MonthDec 2022: -1.52% |
| 2021 | — | — | — | — | +39.6%Positive MonthMay 2021: +39.62% | +0.0%Neutral MonthJun 2021: +0.00% | +0.6%Neutral MonthJul 2021: +0.63% | -8.9%Negative MonthAug 2021: -8.94% | +25.5%Positive MonthSep 2021: +25.51% | +8.2%Positive MonthOct 2021: +8.15% | +0.5%Neutral MonthNov 2021: +0.50% | +2.7%Positive MonthDec 2021: +2.70% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.