---
schema_version: "secwatch.filing_event.v1"
accession: "0001699039-24-000018"
form_type: "8-K"
ticker: "RNGR"
cik: "0001699039"
company_name: "Ranger Energy Services, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:47:27.588065+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ranger Energy posts record FY2023 revenue $636.6M; Q4 net income $2.1M, declares $0.05 dividend

## Summary
- FY2023 revenue $636.6M (+5% YoY), net income $23.8M ($0.95 EPS), adjusted EBITDA $84.4M (+6%).
- Q4 revenue $151.5M (down from $154.3M prior year), net income $2.1M ($0.09 EPS) vs $7.6M prior year.
- Board declared $0.05 quarterly dividend payable April 5, 2024 to record March 15, 2024.
- New $50M share repurchase authorization, total capacity $85M; $21.7M returned to shareholders in 2023.
- Debt reduced to $0.1M; liquidity $85.1M; expects modest growth in 2024.

## SEC filing metadata
- accession: 0001699039-24-000018
- form_type: 8-K
- ticker: RNGR
- cik: 0001699039
- company_name: Ranger Energy Services, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699039/000169903924000018/0001699039-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699039/000169903924000018/rng-20240304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699039-24-000018
- JSON: https://secwatch.observer/filing/0001699039-24-000018.json
- Plain text: https://secwatch.observer/filing/0001699039-24-000018.txt

## Key facts
- Earnings Releases
  Ranger Energy Services, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $636.6 million, net income $23.8 million, or $0.95 per fully diluted share, EPS $0.95 per fully diluted share.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: $636.6 million
  - Net income: $23.8 million, or $0.95 per fully diluted share
  - EPS: $0.95 per fully diluted share
  - Result: reported results
  source text: Ranger Energy Services, Inc. Announces Q4 2023 and Full Year 2023 Results HOUSTON, TX--(March 4, 2024) - Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the fourth quarter and full year ended December 31, 2023 . Highlights – Full year 2023 revenue of $636.6 million, a 5% increase from $608.5 million in 2022 – Full year 2023 net income of $23.8 million, or $0.95 per fully diluted share, up from $15.1 million, or $0.65 per share in 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699039/000169903924000018/0001699039-24-000018-index.htm

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