Ranger Energy Services (RNGR) AI Stock Analysis

• Market Cap: $298.70M
• Dividend Yield: 1.74%
• Average Volume (3M): 163.32K
• Price to Earnings (P/E): 21.1
• Beta (1Y): 0.99
• Revenue Growth: -5.47%
• EPS Growth: 2.24%
• Country: US
• Employees: 1,950
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.05
• Shares Outstanding: 21,613,688
• 10 Day Avg. Volume: 174,925
• 30 Day Avg. Volume: 163,319
• PEG Ratio: -1.23
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 6.92
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 0.50
• Enterprise Value/Gross Profit: 5.64
• Enterprise Value/Ebitda: 4.10
• 1Y Price Target: $17.00
• Price Target Upside: 23.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.58
• Revenue Forecast (FY): $542.70M

• Rating: 70 Neutral
• Price Target: $15.00 ▲(8.54% Upside)

Ranger Energy Services demonstrates a solid financial foundation with low leverage and strong cash flow metrics. Technical indicators are favorable, showing bullish momentum. Strategic acquisitions and new initiatives support future growth, despite current revenue and income challenges.

Positive Factors

Strategic Acquisition

The acquisition of American Well Services expands Ranger's rig count by 25% and strengthens its position in the Permian Basin, enhancing market leadership and service capabilities.

Innovation in Technology

The ECHO hybrid electric rigs offer significant safety and environmental benefits, positioning Ranger as a leader in innovative and sustainable oilfield technologies.

Financial Liquidity

Strong liquidity provides financial flexibility to support strategic initiatives and withstand market fluctuations, ensuring long-term operational stability.

Negative Factors

Revenue Decline

A significant decline in revenue indicates challenges in maintaining growth, potentially impacting future profitability and market competitiveness.

Net Income Reduction

The reduction in net income reflects operational challenges and may strain financial resources, affecting the company's ability to invest in growth opportunities.

Challenges in Wireline Segment

Operational losses in the Wireline segment highlight sector-specific challenges, potentially impacting overall business performance and necessitating strategic adjustments.

Ranger Energy Services Business Overview & Revenue Model

Company Description

Ranger Energy Services (RNGR) is a leading provider of specialized services to the oil and gas industry, primarily focusing on the U.S. onshore market. The company operates in various sectors, including well services, pressure pumping, and rig services, delivering a comprehensive suite of solutions that enhance the efficiency and safety of oil and gas operations. Ranger Energy Services is known for its commitment to operational excellence and innovation, offering core services such as wellsite construction, completion, and maintenance, along with pressure control services designed to meet the complex demands of its clients.

How the Company Makes Money

Ranger Energy Services generates revenue through multiple key streams, primarily by providing well services, pressure pumping, and rig services to oil and gas operators. The company's revenue model is driven by service contracts with clients, which are often structured as day rates or project-based pricing. Additionally, Ranger benefits from long-term partnerships with major oil and gas companies, enabling it to secure consistent work and revenue. The demand for its services is closely tied to the overall activity levels in the oil and gas sector, influenced by factors such as oil prices, exploration and production spending, and technological advancements in the industry.

Ranger Energy Services Financial Statement Overview

Summary

Ranger Energy Services shows a stable financial position with strengths in its balance sheet and cash flow generation. Despite challenges in revenue growth and margins, the company remains profitable with low leverage and a strong equity position.

Income Statement

Ranger Energy Services shows a mixed performance in its income statement. The TTM data indicates a decline in revenue and margins compared to previous years, with a negative revenue growth rate of -4.21%. However, the company maintains a positive net profit margin of 2.72% and a gross profit margin of 8.80%. The EBIT and EBITDA margins are also positive, indicating operational efficiency. Despite the recent decline, the company has shown resilience in maintaining profitability.

Balance Sheet

The balance sheet of Ranger Energy Services reflects a strong equity position with a low debt-to-equity ratio of 0.042 in the TTM period, indicating low leverage and financial stability. The return on equity stands at 5.45%, which is moderate but stable. The equity ratio is healthy, suggesting a solid financial foundation. Overall, the balance sheet shows strength in equity and low financial risk.

Cash Flow

The cash flow statement reveals a decrease in free cash flow growth by -5.01% in the TTM period, which is a concern. However, the operating cash flow to net income ratio is strong at 1.30, indicating good cash generation relative to net income. The free cash flow to net income ratio is 0.68, showing a decent conversion of income to cash. Despite the decline in free cash flow growth, the company maintains solid cash flow metrics.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	547.80M	571.10M	636.60M	608.50M	293.10M	187.80M
Gross Profit	48.20M	54.20M	65.00M	60.20M	-7.00M	4.90M
EBITDA	66.30M	72.70M	74.40M	67.70M	33.30M	19.90M
Net Income	14.90M	18.40M	23.80M	15.10M	-2.10M	-15.80M
Balance Sheet
Total Assets	372.80M	381.60M	378.00M	381.60M	393.10M	240.60M
Cash, Cash Equivalents and Short-Term Investments	45.20M	40.90M	15.70M	3.70M	600.00K	2.80M
Total Debt	11.40M	33.80M	33.90M	50.40M	68.30M	33.50M
Total Liabilities	102.80M	107.80M	106.20M	115.40M	144.40M	55.80M
Stockholders Equity	270.00M	273.80M	271.80M	266.20M	248.70M	101.90M
Cash Flow
Free Cash Flow	53.10M	50.40M	54.30M	30.70M	-45.00M	18.30M
Operating Cash Flow	77.60M	84.50M	90.80M	44.50M	-39.40M	25.50M
Investing Cash Flow	-21.40M	-31.10M	-29.70M	11.30M	-36.40M	-5.40M
Financing Cash Flow	-25.80M	-28.20M	-49.10M	-52.70M	73.60M	-24.20M

Ranger Energy Services Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 13.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RNGR, the sentiment is Positive. The current price of 13.82 is above the 20-day moving average (MA) of 13.71, above the 50-day MA of 13.50, and above the 200-day MA of 12.91, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 52.10 is Neutral, neither overbought nor oversold. The STOCH value of 27.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RNGR.

Ranger Energy Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGS	78 Outperform	$408.24M	21.95	7.15%	0.65%	9.53%	15.48%
OIS	71 Outperform	$410.45M	18.32	3.31%	―	-11.02%	―
RNGR	70 Neutral	$298.70M	21.09	5.54%	1.74%	-5.47%	2.24%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
FET	61 Neutral	$405.97M	-3.77	-31.11%	―	-1.29%	-123.25%
KLXE	44 Neutral	$28.18M	-0.37	―	―	-12.57%	-45.75%
NINE	39 Underperform	$14.74M	-0.34	―	―	2.59%	16.02%

Ranger Energy Services Corporate Events

Ranger Energy Acquires American Well Services for Growth

On November 10, 2025, Ranger Energy Services announced the acquisition of American Well Services (AWS), a well services provider focused on the Permian Basin, from Argonaut Private Equity. This strategic acquisition positions Ranger as the largest well-servicing provider in the Lower 48 states, expanding its rig count by approximately 25%. The transaction, valued at approximately $90.5 million, is expected to be immediately accretive to earnings and cash flow, with identified synergies of $4 million. The acquisition supports Ranger’s strategic roadmap by enhancing its market leadership, expanding service lines, and leveraging new technology, while maintaining financial flexibility and prioritizing shareholder returns.

Ranger Energy Acquires American Well Services

On November 10, 2025, Ranger Energy Services announced its third-quarter results and the acquisition of American Well Services, a leading provider in the Permian Basin. Despite facing a challenging market environment, Ranger reported a decrease in revenue and net income compared to the previous year, but highlighted strategic moves such as share repurchases and the introduction of its ECHO electric hybrid rig. The acquisition is expected to enhance Ranger’s capabilities and market position, making it the largest well services provider in the Lower 48, while the company continues to focus on production-focused business models and innovation to attract blue-chip customers.

Ranger Energy Services Board Member Resigns

On September 19, 2025, Brett T. Agee resigned from the Board of Directors of Ranger Energy Services, with the company clarifying that his departure was not due to any disagreements. The Board expressed gratitude for his contributions and is now reviewing its succession planning, with decisions on the Board’s future structure expected within 90 days.