Ranger Energy Services, Inc. (“Ranger, Inc.,” “Ranger,” “we,” “us,” “our” or the “Company”) is a provider of onshore high specification well service rigs, wireline services, and additional processing solutions and ancillary services in the United States (“U.S.”). The Company provides an extensive range of well site services to leading U.S. E&P companies that are fundamental to establishing and maintaining the flow of oil and natural gas throughout the productive life of a well. Our service offerings consist of well completion support, well workover and maintenance, wireline associated services, and other complementary services, as well as installation, commissioning and operating of modular equipment, which are conducted in three reportable segments, as follows: •High Specification Rigs. Provides high specification well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. •Wireline Services.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 548M | 571M | 637M | 609M | 293M | 188M |
| Net Income | 15M | 18M | 24M | 15M | 8.6M | -10M |
| EPS | $0.66 | $0.81 | $0.95 | $0.65 | $0.63 | $-1.21 |
| Free Cash Flow | 53M | 50M | 54M | 31M | -45M | 18M |
| ROIC | 6.5% | 8.3% | 11.1% | 6.6% | 3.2% | -8.8% |
| Gross Margin | - | 17.2% | 16.5% | 17.2% | 10.2% | 21.2% |
| Debt/Equity | 0.00 | 0.00 | 0.00 | 0.07 | 0.25 | 0.24 |
| Dividends/Share | $0.24 | $0.20 | $0.10 | - | - | - |
| Operating Income | 21M | 29M | 37M | 20M | -41M | -17M |
| Operating Margin | 3.9% | 5.0% | 5.8% | 3.2% | -13.8% | -9.2% |
| ROE | 5.5% | 6.7% | 8.8% | 5.7% | 3.5% | -10.1% |
| Shares Outstanding | 22M | 23M | 25M | 23M | 14M | 9M |
Ranger Energy Services, Inc. passes 5 of 9 quality checks, suggesting mixed fundamentals.
Ranger Energy Services, Inc. trades at 25.7x trailing earnings, compared to its 15-year median P/E of 16.0x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 6.9x vs a median of 4.5x. The company's 5-year average ROIC is 4.1% with a gross margin of 16.5%. Total shareholder yield (dividends + buybacks) is 5.6%. At current prices, the estimated annualized return to fair value is +1.1%.
Ranger Energy Services, Inc. (RNGR) has a current P/E ratio of 25.7, compared to its historical median P/E of 16.0. The stock is currently considered Expensive based on its historical valuation range.
Ranger Energy Services, Inc. (RNGR) has a 5-year average return on invested capital (ROIC) of 4.1%. This is below average and may indicate limited pricing power.
Ranger Energy Services, Inc. (RNGR) has a market capitalization of $367M. It is classified as a small-cap stock.
Yes, Ranger Energy Services, Inc. (RNGR) pays a dividend with a trailing twelve-month yield of 1.42%. The company also returns capital through share buybacks, with a buyback yield of 4.23%.
Based on historical P/E analysis, Ranger Energy Services, Inc. (RNGR) appears expensive. The current P/E of 25.7 is 60% above its historical median of 16.0. The estimated fair value CAGR (P/E method) is 65.8%.
Ranger Energy Services, Inc. (RNGR) operates in the Oil & Gas Field Services, Nec industry, within the Energy sector.
Ranger Energy Services, Inc. (RNGR) reported annual revenue of $571 million in its most recent fiscal year, based on SEC EDGAR filings.
Ranger Energy Services, Inc. (RNGR) has a net profit margin of 3.2%. This is a modest margin.
Ranger Energy Services, Inc. (RNGR) generated $50 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Ranger Energy Services, Inc. (RNGR) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
Ranger Energy Services, Inc. (RNGR) reported earnings per share (EPS) of $0.81 in its most recent fiscal year.
Ranger Energy Services, Inc. (RNGR) has a return on equity (ROE) of 6.7%. This indicates moderate shareholder returns.
Ranger Energy Services, Inc. (RNGR) has a 5-year average gross margin of 16.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 9 years of financial data for Ranger Energy Services, Inc. (RNGR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Ranger Energy Services, Inc. (RNGR) has a book value per share of $12.05, based on its most recent annual SEC filing.