Complete financial analysis of Ranger Energy Services, Inc. (RNGR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ranger Energy Services, Inc., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
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Ranger Energy Services, Inc. (RNGR)
About Ranger Energy Services, Inc.
Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment also has a fleet of 540 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services are used primarily for pump-down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment also has a fleet of 68 wireline units and four high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; decommissioning services; fluid management services; offers proprietary and modular equipment for the processing of natural gas; coil tubing services; and snubbing services. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. Ranger Energy Services, Inc. was incorporated in 2014 and is based in Houston, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 636.60M | 608.50M | 293.10M | 187.80M | 336.90M | 303.10M | 154.00M | 52.80M | 21.20M |
| Cost of Revenue | 571.60M | 548.30M | 300.10M | 182.90M | 297.80M | 267.20M | 144.20M | 45.90M | 18.20M |
| Gross Profit | 65.00M | 60.20M | -7.00M | 4.90M | 39.10M | 35.90M | 9.80M | 6.90M | 3.00M |
| Gross Profit Ratio | 10.21% | 9.89% | -2.39% | 2.61% | 11.61% | 11.84% | 6.36% | 13.07% | 14.15% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 29.50M | 39.90M | 33.50M | 20.00M | 26.70M | 29.00M | 30.40M | 11.40M | 7.80M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 29.50M | 39.90M | 33.50M | 20.00M | 26.70M | 29.00M | 30.40M | 11.40M | 7.80M |
| Other Expenses | 0.00 | 45.00M | 36.80M | 32.90M | 34.80M | 39.30M | 17.80M | 0.00 | 0.00 |
| Operating Expenses | 25.30M | 39.90M | 33.50M | 20.00M | 26.70M | 29.00M | 30.40M | 11.40M | 7.80M |
| Cost & Expenses | 599.70M | 588.20M | 333.60M | 202.90M | 324.50M | 296.20M | 174.60M | 57.30M | 26.00M |
| Interest Income | 0.00 | 7.30M | 5.00M | 3.40M | 5.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.50M | 7.30M | 4.80M | 3.40M | 5.80M | 3.70M | 6.30M | 500.00K | 300.00K |
| Depreciation & Amortization | 39.90M | 44.40M | 36.80M | 35.00M | 34.80M | 30.30M | 17.80M | 6.60M | 2.10M |
| EBITDA | 74.40M | 67.70M | 33.30M | 19.90M | 47.20M | 28.20M | -2.80M | 2.10M | -4.30M |
| EBITDA Ratio | 11.69% | 10.63% | 11.36% | 10.60% | 14.01% | 12.27% | -1.82% | 3.98% | -12.74% |
| Operating Income | 36.90M | 19.70M | -3.50M | -15.10M | 12.40M | -2.10M | -20.60M | -4.50M | -6.40M |
| Operating Income Ratio | 5.80% | 3.24% | -1.19% | -8.04% | 3.68% | -0.69% | -13.38% | -8.52% | -30.19% |
| Total Other Income/Expenses | -5.90M | -3.70M | 32.20M | -1.30M | -5.80M | -3.70M | -6.30M | -500.00K | -300.00K |
| Income Before Tax | 31.00M | 16.00M | -8.30M | -18.50M | 6.60M | -5.80M | -26.90M | -5.00M | -6.70M |
| Income Before Tax Ratio | 4.87% | 2.63% | -2.83% | -9.85% | 1.96% | -1.91% | -17.47% | -9.47% | -31.60% |
| Income Tax Expense | 7.20M | 900.00K | -6.20M | -2.70M | 2.20M | -2.50M | -400.00K | 0.00 | -6.70M |
| Net Income | 23.80M | 15.10M | -2.10M | -15.80M | 4.40M | -3.30M | -6.60M | -5.00M | -6.70M |
| Net Income Ratio | 3.74% | 2.48% | -0.72% | -8.41% | 1.31% | -1.09% | -4.29% | -9.47% | -31.60% |
| EPS | 0.97 | 0.66 | -0.18 | -1.85 | 0.51 | -0.39 | -0.78 | -0.74 | -0.99 |
| EPS Diluted | 0.95 | 0.65 | -0.15 | -1.85 | 0.51 | -0.39 | -0.78 | -0.74 | -0.99 |
| Weighted Avg Shares Out | 24.60M | 22.97M | 11.86M | 8.53M | 8.63M | 8.43M | 8.41M | 6.79M | 6.79M |
| Weighted Avg Shares Out (Dil) | 24.99M | 23.37M | 13.55M | 8.53M | 8.63M | 8.43M | 8.41M | 6.79M | 6.79M |
Ranger Energy Services, Inc. (RNGR) Q3 2024 Earnings Call Transcript
Ranger Energy Services, Inc. Announces Q3 2024 Results
Ranger Energy Services, Inc. Announces Date for Third Quarter 2024 Earnings Conference Call
Earnings Estimates Moving Higher for Ranger Energy (RNGR): Time to Buy?
Should Value Investors Buy Ranger Energy Services (RNGR) Stock?
Ranger Energy Services, Inc. (RNGR) Q2 2024 Earnings Call Transcript
Ranger Energy (RNGR) Tops Q2 Earnings and Revenue Estimates
Ranger Energy Services: A Compelling Buy With Insider Buying And Robust Financials
Ranger Energy Services, Inc. Announces Date for Second Quarter 2024 Earnings Conference Call
Ranger Energy (RNGR) Reports Q1 Loss, Tops Revenue Estimates
Source: https://incomestatements.info
Category: Stock Reports