Ranger Energy Services ( (RNGR) ) has released its Q2 earnings. Here is a breakdown of the information Ranger Energy Services presented to its investors.
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Ranger Energy Services, Inc. is a leading provider of high specification mobile rig well services, cased hole wireline services, and ancillary services within the U.S. oil and gas industry, facilitating operations throughout the lifecycle of a well. In its second quarter of 2025, Ranger Energy Services reported a revenue of $140.6 million, marking a 2% increase from the same period in 2024 and a 4% rise from the first quarter of 2025. The company achieved a net income of $7.3 million, or $0.32 per diluted share, showcasing significant growth from the previous year’s second quarter and the preceding quarter of 2025. Key financial metrics for the quarter included an adjusted EBITDA of $20.6 million and a free cash flow of $14.4 million. Ranger Energy Services also highlighted the launch of its next-generation electrified workover rig, Ranger ECHO, which promises enhanced operational efficiency and safety. Looking ahead, Ranger Energy Services remains focused on maintaining its balance sheet strength and exploring opportunities for growth, both organically and through strategic acquisitions, despite a challenging macroeconomic environment.