Ranger Energy Services (RNGR) AI Stock Analysis

• Market Cap: $274.93M
• Dividend Yield: 1.96%
• Average Volume (3M): 233.61K
• Price to Earnings (P/E): 14.0
• Beta (1Y): 0.56
• Revenue Growth: -7.56%
• EPS Growth: 30.51%
• Country: US
• Employees: 1,950
• Sector: Energy
• Sector Strength: 51
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.03
• Shares Outstanding: 22,498,081
• 10 Day Avg. Volume: 275,149
• 30 Day Avg. Volume: 233,606
• PEG Ratio: -0.04
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.24
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 4.74
• Enterprise Value/Ebitda: 0.97
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: $13.50 ▲(10.47%Upside)

Ranger Energy Services demonstrates strong financial performance with notable profitability improvements, robust cash flow, and low leverage. Technical analysis shows a neutral trend, and valuation metrics indicate the stock is fairly priced. Positive earnings call sentiment and supportive corporate events contribute to a favorable outlook.

Ranger Energy Services Business Overview & Revenue Model

Company Description

Ranger Energy Services, Inc. (RNGR) is a leading provider of well service rigs and associated services to the oil and gas industry in the United States. Operating primarily within the upstream sector, the company offers a wide range of services including well completion, workover, and maintenance services. Ranger Energy Services is committed to delivering high-quality and efficient solutions to its clients, which include major oil and gas operators and independent producers, to enhance their production capabilities and operational efficiency.

How the Company Makes Money

Ranger Energy Services makes money through its comprehensive suite of services that cater to the needs of oil and gas operators. The company's primary revenue streams include fees for well completion services, maintenance and workover operations, and the rental of well service rigs. Ranger Energy Services generates income by deploying its fleet of well service rigs to client sites, where it performs essential tasks that support the lifecycle of oil and gas wells. Additionally, the company may engage in long-term contracts and partnerships with key players in the oil and gas industry, which provide a steady flow of revenue. These contracts often cover multiple services, ensuring a diversified income base. The company's focus on operational efficiency and safety further enhances its competitiveness and ability to secure business from top-tier clients.

Ranger Energy Services Financial Statement Overview

Summary

Ranger Energy Services exhibits overall financial health with strong profitability improvements, low leverage, and healthy cash flow management. While the revenue growth has slightly declined, the company has effectively managed its costs and leverage, ensuring financial stability. The modest return on equity indicates potential for better shareholder returns, but the strong cash flow metrics highlight the company's capability to sustain operations and invest in growth opportunities.

Income Statement

Ranger Energy Services shows a strong improvement in profitability with a TTM net profit margin of 3.48% and an EBIT margin of 5.51%. Despite a slight decline in revenue compared to the previous year, the company has managed to increase its gross profit margin to 32.41% in TTM, indicating better cost management. However, the revenue growth rate has declined by 1.89% from the previous year, signaling a potential challenge in market expansion.

Balance Sheet

The company maintains a solid equity base with an equity ratio of 72.41% in TTM, indicating financial stability. The debt-to-equity ratio is low at 0.05, showing minimal leverage and reduced financial risk. However, the return on equity is modest at 7.26% in TTM, suggesting room for improvement in generating returns for shareholders.

Cash Flow

Ranger Energy Services has demonstrated robust cash flow management, with a free cash flow to net income ratio of 2.44 in TTM, indicating strong cash generation relative to earnings. The operating cash flow to net income ratio of 4.20 in TTM further underscores the company's strong cash flow position. Although there is a slight dip in free cash flow compared to the previous year, the company remains in a healthy cash position.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	569.40M	571.10M	636.60M	608.50M	293.10M	187.80M
Gross Profit	58.50M	54.20M	65.00M	60.20M	-7.00M	4.90M
EBITDA	73.60M	72.70M	74.40M	67.70M	33.30M	19.90M
Net Income	19.80M	18.40M	23.80M	15.10M	-2.10M	-15.80M
Balance Sheet
Total Assets	376.50M	381.60M	378.00M	381.60M	393.10M	240.60M
Cash, Cash Equivalents and Short-Term Investments	40.30M	40.90M	15.70M	3.70M	600.00K	2.80M
Total Debt	22.10M	22.80M	33.90M	28.00M	68.30M	33.50M
Total Liabilities	103.90M	107.80M	106.20M	115.40M	144.40M	55.80M
Stockholders Equity	272.60M	273.80M	271.80M	266.20M	248.70M	101.90M
Cash Flow
Free Cash Flow	48.30M	50.40M	54.30M	30.70M	-45.00M	18.30M
Operating Cash Flow	83.10M	84.50M	90.80M	44.50M	-39.40M	25.50M
Investing Cash Flow	-31.50M	-31.10M	-29.70M	11.30M	-36.40M	-5.40M
Financing Cash Flow	-22.40M	-28.20M	-49.10M	-52.70M	73.60M	-24.20M

Ranger Energy Services Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.22
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RNGR, the sentiment is Neutral. The current price of 12.22 is above the 20-day moving average (MA) of 12.16, above the 50-day MA of 11.86, and below the 200-day MA of 13.89, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 51.43 is Neutral, neither overbought nor oversold. The STOCH value of 18.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RNGR.

Ranger Energy Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGS	77 Outperform	$337.06M	19.88	6.77%	―	22.64%	78.46%
RNGR	72 Outperform	$274.93M	13.95	7.41%	1.96%	-7.56%	30.51%
FTK	72 Outperform	$436.74M	32.04	12.80%	―	11.97%	188.31%
Sector *	68 Neutral	$14.81B	9.70	6.36%	5.32%	4.12%	-71.24%
OIS	59 Neutral	$339.66M	63.32	0.75%	―	-9.04%	―
FET	58 Neutral	$248.75M	―	-32.34%	―	7.31%	-326.94%
CLNE	57 Neutral	$417.66M	―	-30.25%	―	6.50%	-151.25%

Ranger Energy Services Corporate Events

Ranger Energy Services Holds Successful Annual Meeting

On May 9, 2025, Ranger Energy Services held its Annual General Meeting, where stockholders voted on several key proposals. The reelection of two Class I directors, ratification of Grant Thornton LLP as the independent auditor, approval of executive compensation, and an amended long-term incentive plan were all passed, reflecting strong shareholder support and strategic alignment with the company’s goals.

The most recent analyst rating on (RNGR) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Ranger Energy Services stock, see the RNGR Stock Forecast page.