Recent Insider Transactions • Aug 12
Insider recently sold US$193k worth of stock On the 10th of August, J. Hooker sold around 12k shares on-market at roughly US$16.63 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$252k more than they bought in the last 12 months. Declared Dividend • Jul 30
Second quarter dividend of US$0.06 announced Dividend of US$0.06 is the same as last year. Ex-date: 7th August 2026 Payment date: 21st August 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jul 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 3.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Significant insider selling over the past 3 months (US$59k sold). Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: US$0.29 (vs US$0.33 in 2Q 2025) Second quarter 2026 results: EPS: US$0.29 (down from US$0.33 in 2Q 2025). Revenue: US$176.5m (up 26% from 2Q 2025). Net income: US$6.90m (down 5.5% from 2Q 2025). Profit margin: 3.9% (down from 5.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Recent Insider Transactions Derivative • Jul 26
Independent Director exercised options to buy US$168k worth of stock. On the 24th of July, Krishna Shivram exercised options to buy 11k shares at a strike price of around US$15.69, costing a total of US$168k. This transaction amounted to 26% of their direct individual holding at the time of the trade. Krishna currently holds less than 1% of total shares outstanding. Company insiders have collectively bought US$54k more than they sold, via options and on-market transactions, in the last 12 months. Annonce • Jul 21
Ranger Energy Services, Inc. to Report Q2, 2026 Results on Jul 27, 2026 Ranger Energy Services, Inc. announced that they will report Q2, 2026 results After-Market on Jul 27, 2026 Annonce • Jun 29
Ranger Energy Services, Inc.(NYSE:RNGR) dropped from Russell 2000 Dynamic Index Ranger Energy Services, Inc.(NYSE:RNGR) dropped from Russell 2000 Dynamic Index Declared Dividend • Apr 30
First quarter dividend of US$0.06 announced Dividend of US$0.06 is the same as last year. Ex-date: 8th May 2026 Payment date: 22nd May 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not covered by cash flows (160% cash payout ratio). The dividend has increased by an average of 82% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 54% over the next year, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 29
Ranger Energy Services, Inc. Declares Quarterly Cash Dividend, Payable on May 22, 2026 Ranger Energy Services, Inc. Board of Directors declared this quarter’s cash dividend of $0.06 per share payable on May 22, 2026, to common stockholders of record at the close of business on May 8, 2026, reinforcing commitment to a consistent return of capital each and every quarter. Reported Earnings • Apr 28
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$0.13 (up from US$0.027 in 1Q 2025). Revenue: US$159.1m (up 18% from 1Q 2025). Net income: US$3.00m (up 400% from 1Q 2025). Profit margin: 1.9% (up from 0.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 48%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annonce • Apr 23
Ranger Energy Services, Inc. to Report Q1, 2026 Results on Apr 27, 2026 Ranger Energy Services, Inc. announced that they will report Q1, 2026 results After-Market on Apr 27, 2026 Price Target Changed • Apr 16
Price target increased by 9.9% to US$18.50 Up from US$16.83, the current price target is an average from 3 analysts. New target price is 7.2% above last closing price of US$17.25. Stock is up 37% over the past year. The company is forecast to post earnings per share of US$1.77 for next year compared to US$0.55 last year. Annonce • Apr 03
Ranger Energy Services, Inc., Annual General Meeting, May 15, 2026 Ranger Energy Services, Inc., Annual General Meeting, May 15, 2026. Declared Dividend • Mar 08
Fourth quarter dividend of US$0.06 announced Dividend of US$0.06 is the same as last year. Ex-date: 20th March 2026 Payment date: 6th April 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 135% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 05
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$0.55 (down from US$0.82 in FY 2024). Revenue: US$546.9m (down 4.2% from FY 2024). Net income: US$12.3m (down 33% from FY 2024). Profit margin: 2.2% (down from 3.2% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.0%. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annonce • Feb 20
Ranger Energy Services, Inc. to Report Q4, 2025 Results on Mar 05, 2026 Ranger Energy Services, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 05, 2026 Price Target Changed • Nov 19
Price target increased by 9.1% to US$18.00 Up from US$16.50, the current price target is an average from 2 analysts. New target price is 33% above last closing price of US$13.51. Stock is down 15% over the past year. The company is forecast to post earnings per share of US$0.50 for next year compared to US$0.82 last year. Declared Dividend • Nov 12
Third quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 21st November 2025 Payment date: 5th December 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 47% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: US$0.055 (vs US$0.39 in 3Q 2024) Third quarter 2025 results: EPS: US$0.055 (down from US$0.39 in 3Q 2024). Revenue: US$128.9m (down 16% from 3Q 2024). Net income: US$1.20m (down 86% from 3Q 2024). Profit margin: 0.9% (down from 5.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annonce • Nov 11
Ranger Energy Services, Inc. (NYSE:RNGR) acquired American Well Services from Argonaut Private Equity Fund IV, LP, managed by Argonaut Private Equity for $92.5 million. Ranger Energy Services, Inc. (NYSE:RNGR) entered into a membership interest purchase agreement to acquire American Well Services from Argonaut Private Equity Fund IV, LP, managed by Argonaut Private Equity for $92.5 million on November 7, 2025. The total consideration payable in the acquisition is approximately $90.5 million, structured as $60 million in cash, 2 million shares of Ranger common stock priced at $12.51 determined in early deal discussions, and a $5 million earn-out contingent on AWS achieving $36 million in EBITDA in the 12 months following closing, representing less than 2.5 times trailing EBITDA. The transaction is structured as a cash free, debt free purchase with the cash portion funded with cash on the balance sheet and borrowings on the Company’s Wells Fargo revolving credit facility. Post-close, leverage is expected to be approximately $50 million, inclusive of Ranger’s existing financing leases, putting Ranger’s leverage ratio at approximately 0.4x and lower than many peers. On a pro forma basis, Ranger’s go forward EBITDA is expected to exceed $100 million, with earnings potential growing significantly higher under the right macroeconomic conditions.
The transaction is expected to be immediately accretive to earnings and free cash flow with expected annual synergies of $4 million to be fully realized before the end of 2026.
Ranger was advised on the transaction by Piper Sandler, with Jonathan B. Newton of King & Spalding LLP serving as legal counsel to Ranger. Amanda D. Lovelace of Sofos Law was legal counsel to AWS and Argonaut Private Equity.
Ranger Energy Services, Inc. (NYSE:RNGR) completed the acquisition of American Well Services from Argonaut Private Equity Fund IV, LP, managed by Argonaut Private Equity on November 7, 2025. Annonce • Nov 10
Ranger Energy Services, Inc. Declares Quarterly Cash Dividend, Payable on December 5, 2025 Ranger Energy Services, Inc. Board of Directors declared this quarter’s cash dividend of $0.06 per share payable on December 5, 2025, to common stockholders of record at the close of business on November 21, 2025, reinforcing commitment to a consistent return of capital each and every quarter. Annonce • Oct 29
Ranger Energy Services, Inc. to Report Q3, 2025 Results on Nov 10, 2025 Ranger Energy Services, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 10, 2025 Annonce • Sep 25
Ranger Energy Services, Inc. Announces Resignation of Brett T. Agee from the Board, Effective September 19, 2025 On September 19, 2025, the Board of Directors of Ranger Energy Services, Inc. received notice from Brett T. Agee of his resignation from the Board, effective September 19, 2025. Mr. Agee’s resignation is not the result of any disagreement with the Company relating to its operations, policies or practices or with the Board or management. The Board thanks Mr. Agee for his substantial contributions over the years and wishes him success in his future endeavors. The Company is undertaking a review of Board succession planning and will be making a determination on the future structure of the Board over the next 90 days. Declared Dividend • Jul 31
Second quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 8th August 2025 Payment date: 22nd August 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 49% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Recent Insider Transactions Derivative • Jul 29
Independent Director exercised options to buy US$144k worth of stock. On the 25th of July, Carla Mashinski exercised 13.97k options to receive shares at no cost, then sold around 4.19k of them at US$12.35 each and kept the remainder. As of today, Carla currently holds no shares directly. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. Annonce • Jul 16
Ranger Energy Services, Inc. to Report Q2, 2025 Results on Jul 28, 2025 Ranger Energy Services, Inc. announced that they will report Q2, 2025 results After-Market on Jul 28, 2025 Declared Dividend • May 02
First quarter dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 9th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: US$0.027 (vs US$0.035 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.027 (up from US$0.035 loss in 1Q 2024). Revenue: US$135.2m (down 1.2% from 1Q 2024). Net income: US$600.0k (up US$1.40m from 1Q 2024). Profit margin: 0.4% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annonce • Apr 30
Ranger Energy Services, Inc. Declares Quarterly Cash Dividend, Payable on May 23, 2025 The Board of Directors of Ranger Energy Services, Inc. declared quarterly cash dividend of $0.06 per share payable on May 23, 2025 to common stockholders of record at the close of business on May 9, 2025 reinforcing commitment to a consistent return of capital each and every quarter. Annonce • Apr 17
Ranger Energy Services, Inc. to Report Q1, 2025 Results on Apr 29, 2025 Ranger Energy Services, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2025 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$11.79, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 12x in the Energy Services industry in the US. Total returns to shareholders of 20% over the past three years. Annonce • Mar 31
Ranger Energy Services, Inc., Annual General Meeting, May 09, 2025 Ranger Energy Services, Inc., Annual General Meeting, May 09, 2025. Declared Dividend • Mar 06
Fourth quarter dividend increased to US$0.06 Dividend of US$0.06 is 20% higher than last year. Ex-date: 14th March 2025 Payment date: 28th March 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: US$0.82 (vs US$0.97 in FY 2023) Full year 2024 results: EPS: US$0.82 (down from US$0.97 in FY 2023). Revenue: US$571.1m (down 10% from FY 2023). Net income: US$18.4m (down 23% from FY 2023). Profit margin: 3.2% (down from 3.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annonce • Mar 04
Ranger Energy Services, Inc. Increases Quarter Cash Dividend, Payable on March 28, 2025 The Board of Directors of Ranger Energy Services, Inc. has increased the quarter cash dividend to $0.06 per share formally declared and payable March 28, 2025 to common stockholders of record at the close of business on March 14, 2025. Annonce • Feb 19
Ranger Energy Services, Inc. to Report Q4, 2024 Results on Mar 03, 2025 Ranger Energy Services, Inc. announced that they will report Q4, 2024 results After-Market on Mar 03, 2025 Recent Insider Transactions • Dec 15
Insider recently sold US$1.7m worth of stock On the 11th of December, Richard Agee sold around 111k shares on-market at roughly US$15.69 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$5.9m. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months. Recent Insider Transactions • Dec 03
Independent Chairman of the Board recently sold US$410k worth of stock On the 27th of November, Michael Kearney sold around 25k shares on-market at roughly US$16.40 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.0m. This was Michael's only on-market trade for the last 12 months. Recent Insider Transactions • Nov 25
Independent Director recently sold US$1.0m worth of stock On the 21st of November, Brett Agee sold around 62k shares on-market at roughly US$16.67 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.7m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 24
Independent Director notifies of intention to sell stock Brett Agee intends to sell 62k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of November. If the sale is conducted around the recent share price of US$16.67, it would amount to US$1.0m. Since March 2024, Brett's direct individual holding has decreased from 64.15k shares to 61.91k. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Nov 18
Price target increased by 26% to US$16.25 Up from US$12.88, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$15.54. Stock is up 51% over the past year. The company posted earnings per share of US$0.97 last year. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$14.67, the stock trades at a trailing P/E ratio of 22.2x. Average forward P/E is 13x in the Energy Services industry in the US. Total returns to shareholders of 39% over the past three years. Declared Dividend • Oct 30
Third quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 8th November 2024 Payment date: 22nd November 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: US$0.39 (vs US$0.38 in 3Q 2023) Third quarter 2024 results: EPS: US$0.39. Revenue: US$153.0m (down 6.9% from 3Q 2023). Net income: US$8.70m (down 7.4% from 3Q 2023). Profit margin: 5.7% (in line with 3Q 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Energy Services industry in the US. Annonce • Oct 15
Ranger Energy Services, Inc. to Report Q3, 2024 Results on Oct 28, 2024 Ranger Energy Services, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 28, 2024 Recent Insider Transactions • Sep 25
Senior Vice President of Well Services recently sold US$96k worth of stock On the 20th of September, J. Hooker sold around 8k shares on-market at roughly US$12.27 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.7m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Sep 23
Senior Vice President of Well Services notifies of intention to sell stock J. Hooker intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of September. If the sale is conducted around the recent share price of US$12.24, it would amount to US$95k. Since March 2024, Hooker's direct individual holding has increased from 85.16k shares to 100.40k. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months. New Risk • Sep 04
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$93k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Profit margins are more than 30% lower than last year (2.6% net profit margin). Significant insider selling over the past 3 months (US$93k sold). Recent Insider Transactions • Aug 28
Senior Vice President of Well Services recently sold US$93k worth of stock On the 23rd of August, J. Hooker sold around 8k shares on-market at roughly US$11.92 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months. Major Estimate Revision • Aug 23
Consensus EPS estimates increase by 141% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.32 to US$0.77. Revenue forecast steady at US$558.2m. Net income forecast to grow 62% next year vs 20% growth forecast for Energy Services industry in the US. Consensus price target up from US$12.88 to US$13.38. Share price rose 4.7% to US$12.11 over the past week. Declared Dividend • Aug 01
Second quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.3%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (12% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 30% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 30
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: US$0.21 (down from US$0.25 in 2Q 2023). Revenue: US$138.1m (down 15% from 2Q 2023). Net income: US$4.70m (down 23% from 2Q 2023). Profit margin: 3.4% (down from 3.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • Jul 30
Ranger Energy Services, Inc. Declares Quarterly Cash Dividend, Payable on August 23, 2024 Ranger Energy Services, Inc. announced on July 29, 2024, the Board of Directors declared a quarterly cash dividend of $0.05 per share, payable on August 23, 2024 to common stockholders of record at the close of business on August 9, 2024. Major Estimate Revision • Jul 17
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$576.0m to US$557.0m. EPS estimate also fell from US$0.43 per share to US$0.32 per share. Net income forecast to shrink 39% next year vs 13% growth forecast for Energy Services industry in the US . Consensus price target of US$12.75 unchanged from last update. Share price rose 12% to US$11.27 over the past week. Annonce • Jul 17
Ranger Energy Services, Inc. to Report Q2, 2024 Results on Jul 29, 2024 Ranger Energy Services, Inc. announced that they will report Q2, 2024 results After-Market on Jul 29, 2024 Price Target Changed • Jun 13
Price target decreased by 8.9% to US$12.75 Down from US$14.00, the current price target is an average from 4 analysts. New target price is 28% above last closing price of US$9.94. Stock is down 6.9% over the past year. The company is forecast to post earnings per share of US$0.43 for next year compared to US$0.97 last year. Recent Insider Transactions • Jun 09
President recently bought US$75k worth of stock On the 4th of June, Stuart Bodden bought around 8k shares on-market at roughly US$9.63 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stuart has been a buyer over the last 12 months, purchasing a net total of US$222k worth in shares. Annonce • May 08
Ranger Energy Services, Inc. Declares Quarterly Cash Dividend, Payable May 31, 2024 On May 7, 2024, the Board of Directors of Ranger Energy Services, Inc. declared a quarterly cash dividend of $0.05 per share payable May 31, 2024 to common stockholders of record at the close of business on May 17, 2024. Reported Earnings • May 08
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: US$0.035 loss per share (down from US$0.25 profit in 1Q 2023). Revenue: US$136.9m (down 13% from 1Q 2023). Net loss: US$800.0k (down 113% from profit in 1Q 2023). Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annonce • Apr 24
Ranger Energy Services, Inc. to Report Q1, 2024 Results on May 07, 2024 Ranger Energy Services, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 07, 2024 Annonce • Mar 28
Ranger Energy Services, Inc., Annual General Meeting, May 10, 2024 Ranger Energy Services, Inc., Annual General Meeting, May 10, 2024, at 10:00 Central Daylight. Agenda: To elect two nominees, Brett T. Agee and Carla Mashinski, as Class III directors to the Company’s Board of Directors, each of whom will hold office until the 2027 Annual Meeting of Stockholders and until their successor is elected and qualified or until the earlier of death, resignation, disqualification, or removal; to ratify the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for 2024; to provide non-binding approval of the company's executive compensation for 2023; and to transact such other business as may properly come before the Annual Meeting. Reported Earnings • Mar 05
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: US$0.97 (up from US$0.66 in FY 2022). Revenue: US$636.6m (up 4.6% from FY 2022). Net income: US$23.8m (up 58% from FY 2022). Profit margin: 3.7% (up from 2.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annonce • Feb 21
Ranger Energy Services, Inc. to Report Q4, 2023 Results on Mar 05, 2024 Ranger Energy Services, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 05, 2024 Board Change • Jan 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Krishna Shivram was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Dec 22
Ranger Energy Services, Inc. Announces Board Changes On October 26, 2023, the Board of Directors of the Ranger Energy Services, Inc. elected Carla Mashinski (Class III director) and Sean Woolverton (Class II director) to serve as directors of the Company effective on January 1, 2024. On December 19, 2023, the Board appointed Ms. Mashinski to serve as the Chair of the Audit Committee and as a member of the Nominating and Governance Committee of the Board, and Mr. Woolverton to serve as a member of the Audit and the Compensation Committees of the Board. Recent Insider Transactions • Dec 02
President recently bought US$147k worth of stock On the 30th of November, Stuart Bodden bought around 15k shares on-market at roughly US$9.80 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stuart's only on-market trade for the last 12 months. Major Estimate Revision • Nov 07
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from US$655.4m to US$644.4m. EPS estimate also fell from US$1.37 per share to US$1.19 per share. Net income forecast to grow 20% next year vs 33% growth forecast for Energy Services industry in the US. Consensus price target of US$15.00 unchanged from last update. Share price fell 13% to US$11.46 over the past week. Upcoming Dividend • Nov 03
Upcoming dividend of US$0.05 per share at 1.7% yield Eligible shareholders must have bought the stock before 10 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 4.2% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (5.3%). Lower than average of industry peers (2.0%). Reported Earnings • Oct 31
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: US$0.38 (down from US$0.55 in 3Q 2022). Revenue: US$164.4m (down 7.1% from 3Q 2022). Net income: US$9.40m (down 31% from 3Q 2022). Profit margin: 5.7% (down from 7.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Annonce • Oct 18
Ranger Energy Services, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Ranger Energy Services, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 31, 2023 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$14.41, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Energy Services industry in the US. Total returns to shareholders of 440% over the past three years. Price Target Changed • Aug 22
Price target increased by 7.1% to US$15.00 Up from US$14.00, the current price target is an average from 4 analysts. New target price is 20% above last closing price of US$12.46. Stock is up 41% over the past year. The company is forecast to post earnings per share of US$1.37 for next year compared to US$0.66 last year. Reported Earnings • Aug 08
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: US$0.25 (up from US$0.017 loss in 2Q 2022). Revenue: US$163.2m (up 6.3% from 2Q 2022). Net income: US$6.10m (up US$6.50m from 2Q 2022). Profit margin: 3.7% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Energy Services industry in the US. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.