earnings
confidence high
sentiment positive
materiality 0.75
Ranger Energy posts record Q4 adjusted EBITDA $21.9M; dividend raised 20% to $0.06
Ranger Energy Services, Inc.
- Q4 2024 revenue $143.1M, net income $5.8M ($0.25 diluted EPS); full-year revenue $571.1M, net income $18.4M ($0.81 EPS).
- Adjusted EBITDA $21.9M in Q4 (15.3% margin); full-year $78.9M (13.8% margin).
- High-Spec Rigs segment revenue $87M (record); Wireline $22.6M (down 46% YoY); Ancillary $33.5M (up 8% YoY).
- Free Cash Flow $50.4M for 2024; repurchased 1.52M shares for $15.5M at avg $10.11.
- Quarterly dividend raised 20% to $0.06 ($0.24 annualized), payable March 28, 2025.