---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-059460"
form_type: "8-K"
ticker: "RNGR"
cik: "0001699039"
company_name: "Ranger Energy Services, Inc."
filed_at: "2026-08-31T10:31:57+00:00"
generated_at: "2026-08-31T11:00:26.321963+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ranger Energy to acquire STEP's U.S. coiled tubing assets for $27.5M

## Summary
- Deal: $27.5M total ($22.5M cash + $5M stock) for STEP's U.S. coiled tubing assets; close expected Sept 11, 2026.
- Adds 13 coiled tubing spreads, ~220 staff; makes Ranger #2 U.S. coiled tubing operator.
- Pro forma 2027 revenue $80-90M, EBITDA >$10M incl. $2.5M synergies; ~2.5x EBITDA multiple.
- Funded via revolver borrowings; post-close borrowings ~$30M; expected accretive in 2027.
- Includes COIL+ technology and five facilities across Bakken to South Texas.

## SEC filing metadata
- accession: 0001628280-26-059460
- form_type: 8-K
- ticker: RNGR
- cik: 0001699039
- company_name: Ranger Energy Services, Inc.
- filed_at: 2026-08-31T10:31:57+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699039/000162828026059460/0001628280-26-059460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699039/000162828026059460/rng-20260831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-059460
- JSON: https://secwatch.observer/filing/0001628280-26-059460.json
- Plain text: https://secwatch.observer/filing/0001628280-26-059460.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.