Charles S. Leykum
On October 23, 2024, the Board of Directors (the "Board") of the Company received notice from Charles S. Leykum of his intentions to retire from the Board effective November 1, 2024
Highest-materiality recent filing
Ranger Energy to acquire STEP's U.S. coiled tubing assets for $27.5M
Deal: $27.5M total ($22.5M cash + $5M stock) for STEP's U.S. coiled tubing assets; close expected Sept 11, 2026.
Ranger Energy Q2 revenue $176.5M, net income $6.9M; declares $0.06 dividend
Revenue $176.5M, up 11% sequentially and 25% YoY.
Ranger Energy Q1 rev $159M, adj EBITDA $23.3M, net income $3.0M, dividend $0.06
Revenue $159.1M (+18% YoY); net income $3.0M ($0.12 EPS) vs $0.6M ($0.03) a year ago.
Ranger Energy Q4 2025: Revenue $142.2M, EPS $0.14; Dividend $0.06; ECHO Rig Contract for 15 units
FY 2025 revenue $546.9M, net income $12.3M ($0.54 diluted EPS); Adjusted EBITDA $73.2M (13.4% margin).
Ranger Energy signs contract to build and deploy 15 ECHO Hybrid Electric Rigs for core customer
Contract with a core customer for construction and deployment of 15 ECHO Hybrid Electric Rigs.
Ranger Energy completes AWS acquisition; files audited 2024 revenue $169.4M, net income $13.8M
Acquired 100% of American Well Intermediate Holdings (AWS) on Nov 7, 2025; AWS operates high-spec rig fleet in Permian Basin.
Ranger Energy acquires American Well Services for ~$90.5M to become largest U.S. well-servicer
Total consideration: $60M cash, 2M shares (~$12.51/share), plus $5M earnout contingent on $36M EBITDA in 12 months.
Ranger Q3 revenue down 16% to $128.9M; acquires American Well Services, declares $0.06 dividend
Q3 revenue $128.9M, down 16% YoY; net income $1.2M ($0.05 EPS) vs $8.7M ($0.39) YoY.
Ranger Energy Services Adopts Executive Severance Plan for Key Officers
Plan covers CEO Stuart N. Bodden, CFO Melissa Cougle, and EVP J. Matthew Hooker.
Ranger Energy Q2 2025 net income $7.3M ($0.32 EPS); revenue up 2% YoY to $140.6M
Revenue $140.6M (+2% YoY); net income $7.3M vs $4.7M YoY; diluted EPS $0.32 vs $0.21 YoY.
Ranger Energy Q1 2025 net income $0.6M, Adj. EBITDA $15.5M (up 42% YoY); declares $0.06 dividend
Revenue $135.2M, down 1% YoY; net income $0.6M vs. net loss $0.8M in Q1 2024; diluted EPS $0.03.
Ranger Energy posts record Q4 adjusted EBITDA $21.9M; dividend raised 20% to $0.06
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).
Ranger Energy Q3 revenue $153M, net income $8.7M; declares $0.05 dividend
Revenue $153M (+11% QoQ, -7% YoY); net income $8.7M ($0.39 EPS) vs $4.7M Q2, $9.4M YoY.
Ranger Q2: revenue $138.1M, EPS $0.21; record high-spec rig segment; declares $0.05 dividend
Net income $4.7M ($0.21 diluted EPS) vs $6.1M ($0.24) YoY; Adjusted EBITDA $21.0M, up 93% QoQ.
Ranger Energy Q1 2024 revenue $136.9M (-13% YoY), net loss $0.8M; declares $0.05 dividend
Revenue $136.9M, down 13% YoY; net loss $0.8M vs $6.2M income; adj. EBITDA $10.9M, down 46%.
Ranger Energy posts record FY2023 revenue $636.6M; Q4 net income $2.1M, declares $0.05 dividend
FY2023 revenue $636.6M (+5% YoY), net income $23.8M ($0.95 EPS), adjusted EBITDA $84.4M (+6%).
Ranger Q3 net income $9.4M, Adj EBITDA $24.0M; guides FY23 rev $630-640M
Revenue $164.4M (+1% seq, -7% YoY); net income $9.4M ($0.38 EPS) vs $6.1M in Q2.
Ranger Q2 revenue $163.2M (+6% YoY), net income $6.1M vs loss, initiates $0.05 dividend
Revenue $163.2M (+6% YoY); net income $6.1M ($0.24 diluted EPS) vs loss of $0.4M in Q2 2022.
Ranger Q1 revenue $157.5M (+27% YoY); net income $6.2M vs loss; EPS $0.25
Adjusted EBITDA $20.1M, up 109% from $9.6M in Q1 2022.
Ranger Energy Q4 rev $154.3M (+25% YoY), adj EBITDA $21.6M; FY23 guidance and $35M buyback
Q4 2022 revenue $154.3M (+25% YoY), net income $7.6M ($0.30 EPS), adj EBITDA $21.6M (+137% YoY).
Ranger Energy Q3 revenue $177M, net income $13.6M; raises full-year guidance
Revenue $177M, up 15% QoQ and >100% YoY; net income $13.6M vs $0.4M loss prior quarter.
Ranger Energy lifts FY 2022 revenue guidance to $610-620M, sees EBITDA margin at top end of 11-13%
FY 2022 revenue guidance raised to $610-$620M from $600M; H2 2022 revenue expected $330-$340M.
Ranger Q2 revenue $153.6M (+24% QoQ); net loss narrows to $0.4M from $5.7M
Revenue of $153.6M, up 24% from Q1 and 207% YoY; net loss improved $5.3M to $0.4M.
Ranger Energy Services appoints Melissa Cougle as CFO, replacing Brandon Blossman
Brandon Blossman resigns as CFO effective June 10, 2022; receives 6 months salary severance and accelerated vesting of 20,899 restricted shares.
Ranger Energy Q1 rev $123.6M, net loss $5.7M; raises FY22 revenue guidance to $540-580M
High-Spec Rig revenue grew 9% to $64.9M; operating income rose $6.8M to $7.7M.
Acquired Basic business reports $138.9M net loss in 2020; revenue down 50% YoY
Revenue for 2020 was $169.4M vs $337.5M in 2019, a 50% drop.
Ranger Energy acquires Basic assets; acquired business had $138.9M net loss in 2020
Acquired Basic business revenue fell 50% YoY to $169.4M in 2020 from $337.5M in 2019.
Ranger Energy Q4 revenue $123.1M (+51% QoQ); FY2022 guidance raised to $520M-$560M
Q4 revenue $123.1M (+51% QoQ vs $81.7M); net income $24.4M vs loss $9.1M in Q3.
Ranger Energy loses controlled company status as CSL ownership drops to 38%
CSL Capital distributed Class A Common Stock upon dissolution of two LLCs; beneficial ownership fell from ~50% to ~38%.
Ranger Energy Q3 rev $81.7M (+63% seq); net loss $9.1M; Adj EBITDA $3.3M
Revenue $81.7M, up 63% from $50.0M in Q2, driven by wireline acquisitions (Patriot, PerfX).
Ranger completes $36.65M acquisition of Basic Energy assets and $42M preferred stock placement
Acquired Basic Energy Services well servicing, fishing/rental, coiled tubing assets for $36.65M cash plus assumed liabilities.
Bankruptcy Court approved acquisition of Basic Energy's well servicing, fishing/rental, coiled tubing assets outside CA (excl. water logistics); close expected by Sept 2021.
Ranger Energy files PerfX audited financials: 2020 net loss $9.9M, revenue down 40% YoY
PerfX 2020 revenue $102.7M, down from $170.2M in 2019; net loss $9.9M vs net income $17.0M.
On October 23, 2024, the Board of Directors (the "Board") of the Company received notice from Charles S. Leykum of his intentions to retire from the Board effective November 1, 2024
On October 26, 2023, the Board elected each of Carla Mashinski and Sean Woolverton to serve as directors of the Company. Ms. Mashinski and Mr. Woolverton will join the Board on January 1, 2024
On October 26, 2023, the Board of Directors (the "Board") of the Company received notice from William M. Austin, Chairman of the Board, and Richard E. Agee of their intentions to retire from the Board effective December 31, 2023.
Michael Kearney will assume the role of Chairman upon the retirement of Mr. Austin.
On October 26, 2023, the Board of Directors (the "Board") of the Company received notice from William M. Austin, Chairman of the Board, and Richard E. Agee of their intentions to retire from the Board effective December 31, 2023.
On October 26, 2023, the Board elected each of Carla Mashinski and Sean Woolverton to serve as directors of the Company. Ms. Mashinski and Mr. Woolverton will join the Board on January 1, 2024
The Board has accepted Byron Dunn’s announcement he will not stand for re-election at the 2023 Annual General Meeting and Gerald Cimador’s resignation effective on the date of the 2023 Annual General Meeting, which together will have the effect of achieving the resolved reduction in the Board size from nine to seven members.
The Board has accepted Byron Dunn’s announcement he will not stand for re-election at the 2023 Annual General Meeting and Gerald Cimador’s resignation effective on the date of the 2023 Annual General Meeting, which together will have the effect of achieving the resolved reduction in the Board size from nine to seven members.
Brandon Blossman resigned as the Company’s Chief Financial Officer (“CFO”), which is effective Friday, June 10, 2022
the board of directors has appointed Melissa Cougle as the Chief Financial Officer (“CFO”), effective June 15, 2022
the board of directors has appointed Stuart Bodden as the President, Chief Executive Officer (“CEO”) and Director, effective September 1, 2021.
the Company also announced that Darron Anderson was departing the Company, effective June 11, 2021
Max materiality 0.85 · Median 0.65 · Most common event earnings