Ranger Energy Services, Inc. Class A (RNGR)

Over the past six months, Ranger Energy Services, Inc. (RNGR) stock has increased by 22.75%. In November 2025, Ranger Energy Services acquired American Well Services and reported Q3 2025 earnings with revenue of $128.9 million and net income of $1.2 million, while also introducing its ECHO hybrid electric rig program. In July 2025, Ranger announced its Q2 2025 results, demonstrating resilience with increased activity levels and reported strong free cash flow of approximately $14.4 million. In May 2025, the company declared a cash dividend of $0.05 per share. In April 2025, Ranger's Q1 2024 revenue fell 13% to $136.9 million due to a safety incident, but management expressed confidence in a recovery.

Demand for Ranger Energy Services' products and services is subject to seasonality, with Q4 typically impacted by adverse weather and holidays, and Q1 affected by winter headwinds, particularly impacting the Wireline and Ancillary businesses. The company generally anticipates a rebound in activity during Q2, and core customer demand is expected to remain strong.

Ranger Energy Services, Inc. operates in the Oil & Gas Equipment & Services sector, providing well-site services through three segments: High Specification Rigs, offering equipment and services for well completion, production, maintenance, and abandonment; Wireline Services, crucial for well production and maintenance; and Processing Solutions and Ancillary Services, providing support services like equipment rentals and logistics.

Ranger Energy Services, Inc. operates across most active oil and natural gas basins in the United States, including the Permian Basin, Denver-Julesburg Basin, Bakken Shale, Eagle Ford Shale, Haynesville Shale, Gulf Coast, and the South Central Oklahoma Oil Province, with offices in Texas, Colorado, North Dakota, and Wyoming.

Ranger Energy Services has been actively working on its brand reputation, releasing its first Sustainability Report in March 2024, detailing efforts towards safer and more responsible operations. The recent acquisition of American Well Services in November 2025 is also positive, as American Well Services has a reputation for safety, reliability, and operational excellence, which Ranger aims to integrate. However, a material downtime event during the first quarter of 2024 due to a safety event did occur, which likely had a temporary negative impact on its operational reputation.

Ranger Energy Services, Inc. is owned by a mix of institutional shareholders (68.09%) and insiders (122.34%). Major institutional owners include Encompass Capital Advisors LLC, BlackRock, Inc., and The Vanguard Group Inc. Key individual and insider owners include Dialectic Capital Management LP, CSL Energy Opportunity GP I LLC, and Stuart Bodden (President and CEO).