Ranger Q3 revenue down 16% to $128.9M; acquires American Well Services, declares $0.06 dividend

Ranger Energy Services, Inc.

2025-Q3 EPS reported $0.40 revenue$404,700,000

Q3 revenue $128.9M, down 16% YoY; net income $1.2M ($0.05 EPS) vs $8.7M ($0.39) YoY.
Adjusted EBITDA $16.8M vs $20.6M prior quarter; free cash flow $8.0M.
Acquired American Well Services (39 rigs) to become largest Lower 48 well services provider; terms not disclosed.
Board declared $0.06/share dividend payable Dec 5, 2025; Q3 share repurchases of 667,500 shares for $8.3M.
HSR segment rig hours 111,200; ECHO hybrid rig deployed with strong customer interest.

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