Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Ranger Energy Services ( (RNGR) ) has shared an announcement.
Ranger Energy Services reported first-quarter 2026 revenue of $159.1 million, up from both the prior quarter and year, with net income of $3.0 million, or $0.12 per diluted share, and Adjusted EBITDA of $23.3 million, reflecting stronger performance in High Specification Rigs and Processing Solutions and Ancillary Services, aided by the full-quarter contribution from American Well Services. On April 27, 2026, the board declared a quarterly cash dividend of $0.06 per share payable May 22, 2026, alongside ongoing share repurchases totaling $47.7 million since 2023, underscoring a capital return strategy as the company advances AWS integration, constructs fifteen ECHO Hybrid Electric Rigs, and seeks to leverage resilient U.S. production activity despite commodity volatility.
The most recent analyst rating on (RNGR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Ranger Energy Services stock, see the RNGR Stock Forecast page.
Spark’s Take on RNGR Stock
According to Spark, TipRanks’ AI Analyst, RNGR is a Neutral.
The score is supported by a very conservatively levered balance sheet and positive cash generation, alongside constructive technical momentum. Offsetting these positives are weakening revenue/margin trends and a demanding valuation (high P/E), while the latest call points to strategic progress but lower near-term FCF conversion and some operational volatility.
To see Spark’s full report on RNGR stock, click here.
More about Ranger Energy Services
Ranger Energy Services, Inc. is a U.S.-based well services provider focused on production-oriented workovers and optimization of existing oil wells across the Lower 48. The company operates high-specification rigs, processing solutions, and ancillary services, including assets from its American Well Services acquisition, and positions itself as the largest well services provider in its domestic market.
Average Trading Volume: 190,292
Technical Sentiment Signal: Buy
Current Market Cap: $438M
See more data about RNGR stock on TipRanks’ Stock Analysis page.