secwatch.observer — SEC 8-K summary
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Issuer:     Ranger Energy Services, Inc. (RNGR)
CIK:        0001699039
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001699039-21-000118
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranger Energy Q3 rev $81.7M (+63% seq); net loss $9.1M; Adj EBITDA $3.3M
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- Revenue $81.7M, up 63% from $50.0M in Q2, driven by wireline acquisitions (Patriot, PerfX).
- Net loss $9.1M unchanged from Q2; Adjusted EBITDA $3.3M vs $2.0M in Q2.
- Completion & Other Services revenue $50.8M (vs $19.8M in Q2) on wireline growth.
- Basic Energy asset acquisition closed Oct 1; post-close 180 rigs running (67 legacy Ranger, 113 Basic).
- Ended Q3 with liquidity $10.6M ($2.8M cash, $7.8M revolver capacity); net debt $70.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699039/000169903921000118/0001699039-21-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699039/000169903921000118/rng-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001699039-21-000118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer