M&A
confidence high
sentiment negative
materiality 0.70
Ranger Energy files PerfX audited financials: 2020 net loss $9.9M, revenue down 40% YoY
Ranger Energy Services, Inc.
- PerfX 2020 revenue $102.7M, down from $170.2M in 2019; net loss $9.9M vs net income $17.0M.
- Total assets $47.4M at Dec 2020 (down from $64.1M); members' equity $16.3M (down from $29.3M).
- PerfX recorded $712K impairment in 2020; two customers (Parsley, Marathon) made up 29% of revenue.
- Acquisition of PerfX by Ranger closed July 8, 2021; this 8-K/A provides required historical financials.