---
schema_version: "secwatch.filing_event.v1"
accession: "0001699039-22-000074"
form_type: "8-K"
ticker: "RNGR"
cik: "0001699039"
company_name: "Ranger Energy Services, Inc."
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:29:59.757237+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ranger Energy Q1 rev $123.6M, net loss $5.7M; raises FY22 revenue guidance to $540-580M

## Summary
- High-Spec Rig revenue grew 9% to $64.9M; operating income rose $6.8M to $7.7M.
- Adjusted EBITDA of $9.6M, up $0.5M from Q4; Wireline segment loss widened to $1.8M.
- Q2 2022 revenue guidance $135-145M with EBITDA margins 10-12%; FY22 revenue guidance raised to $540-580M.
- Since Q1 end, reduced Term Loan B by $5M and revolver by $13M, total net debt reduction of $18M.
- Company expects term debt of $10-15M, no revolver draw, positive cash by early 2023.

## SEC filing metadata
- accession: 0001699039-22-000074
- form_type: 8-K
- ticker: RNGR
- cik: 0001699039
- company_name: Ranger Energy Services, Inc.
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699039/000169903922000074/0001699039-22-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699039/000169903922000074/rng-20220428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699039-22-000074
- JSON: https://secwatch.observer/filing/0001699039-22-000074.json
- Plain text: https://secwatch.observer/filing/0001699039-22-000074.txt

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