Welcome to our dedicated page for Ranger Energy Se news (Ticker: RNGR), a resource for investors and traders seeking the latest updates and insights on Ranger Energy Se stock.
Ranger Energy Services Inc (RNGR) provides essential onshore well services and processing solutions for the energy sector. This news hub offers investors and industry professionals centralized access to official updates and market-relevant developments.
Track critical announcements including quarterly earnings, equipment deployments, and operational milestones. Our curated collection features press releases covering rig fleet expansions, wireline service innovations, and strategic partnerships within the oilfield services sector.
Key updates include technical service enhancements, safety protocol implementations, and market expansion initiatives. Users will find detailed information on RNGR's high-specification rig operations, completion services advancements, and processing technology deployments.
Bookmark this page for streamlined access to Ranger Energy Services' official communications. Check regularly for verified updates about their specialized well intervention solutions and E&P sector support services.
Ranger Energy Services, Inc. (NYSE:RNGR) is set to report its first quarter financial results on May 2, 2023, before market opening. A conference call to discuss these results will take place at 10:00 a.m. Eastern time on the same day. Interested participants can join the call either by phone or through the company’s website. Ranger Energy is recognized as a leading provider of high-specification mobile rig well services and related operations in the U.S. oil and gas sector, facilitating all phases of well lifecycle management.
Ranger Energy Services (NYSE: RNGR) reported strong financial growth for Q4 and FY2022. Q4 revenue reached $154.3 million, a 25% year-over-year increase, with a net income of $7.6 million ($0.30 per share). For the full year, revenue hit $608.5 million, up 108%, and net income was $15.1 million. Adjusted EBITDA skyrocketed to $79.5 million, a 521% increase year-over-year. The company anticipates FY2023 revenue between $685 million and $715 million, alongside improved EBITDA margins. Despite weather-related impacts in Q4, the firm continues to focus on debt reduction and strategic growth initiatives.
Ranger Energy Services, Inc. (NYSE:RNGR) will announce its fourth quarter and full year 2022 financial results on
Ranger Energy Services reported strong fiscal Q3 2022 results, with revenue of $177.0 million, up 15% quarter-over-quarter and over 100% year-over-year. The company achieved a positive net income of $13.6 million, a turnaround from a net loss in Q2. Adjusted EBITDA rose by 69% to $30.3 million, exceeding 17% margins. Notable growth was seen in all segments, particularly Wireline Services, which grew 165% in adjusted EBITDA. Net debt decreased by 19% to $57.5 million.
Management forecasts $615-$620 million in full-year revenue and aims for further growth through strategic acquisitions.
Ranger Energy Services, Inc. announced the appointment of Justin Whitley as General Counsel and Corporate Secretary, effective October 24, 2022. Stuart Bodden, CEO, expressed enthusiasm for Whitley's extensive experience in the oil and gas sector, emphasizing his operational partnership mentality. Whitley has nearly two decades of legal expertise, previously serving as Deputy General Counsel for Parker Wellbore. Ranger, a leading provider of mobile rig well services in the U.S. oil and gas industry, expects Whitley's legal insight to bolster its operations and strategic initiatives.
Ranger Energy Services, Inc. (NYSE:RNGR) will announce its third quarter 2022 financial results and host a conference call on October 28, 2022, at 10:00 a.m. ET. The company expects revenue between
Ranger Energy Services, Inc. (NYSE:RNGR) announced that CEO Stuart Bodden and CFO Melissa Cougle will present at the Barclays CEO Energy-Power Conference 2022 on September 6, 2022, at 4:10 p.m. Eastern time. The Company is a leading provider of high specification mobile rig well services and cased hole wireline services in the U.S. oil and gas industry, supporting operations throughout a well's lifecycle, including completion, production, maintenance, and abandonment.