secwatch.observer — SEC 8-K summary
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Issuer:     Ranger Energy Services, Inc. (RNGR)
CIK:        0001699039
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001699039-24-000118
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranger Energy Q3 revenue $153M, net income $8.7M; declares $0.05 dividend
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- Revenue $153M (+11% QoQ, -7% YoY); net income $8.7M ($0.39 EPS) vs $4.7M Q2, $9.4M YoY.
- Adjusted EBITDA $25.1M (+20% QoQ, +5% YoY); Free Cash Flow $10.8M Q3, $23.1M YTD.
- Share repurchases YTD: 1.52M shares for $15.5M at avg $10.11; 81% of FCF returned to shareholders.
- Board member Charlie Leykum retiring Nov 1; board reduced to 6 members.
- Quarterly dividend $0.05/share declared, payable Nov 22 to holders of record Nov 8.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699039/000169903924000118/0001699039-24-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699039/000169903924000118/rng-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001699039-24-000118

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