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Ranger Energy Services Inc

Ranger Energy Services Inc

RNGR
$17.35USD+1.46%+0.25 today

MARKET CAP

406.0M

P/E (TTM)

27.5x

FWD P/E

DAY RANGE

$17 – $17

52W RANGE

$12
$19

AI Summary

Stalk
TrimMedium

RNGR remains in a Stage 4 decline with confirmed support failure and a clear LH/LL downtrend. The medium-term bias is bearish but price is currently extreme oversold and holding at the 200-DMA support cluster. Execution should be deferred until a bounce into the down-sloping 9/20/50 EMA resistance zone, then sell into rejection for optimal timing.

  • Q2’26 revenue of $176.5M (+25.5% YoY; +10.9% QoQ).
  • ECHO hybrid rigs offer competitive differentiation and strong demand.
  • Margin compression risk: EBITDA margins may drop to single digits post-AWS.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Ranger Energy Services, Inc. (NYSE: RNGR) is a leading provider of oilfield services, specializing in high-spec rig operations and ancillary services within the U.S. energy sector. Positioned prominently in the Permian Basin, the company leverages innovative technologies and strategic acquisitions, notably the recent acquisition of American Wealth Services (AWS), to enhance its service capabilities. Ranger is part of a broader theme focusing on effective and sustainable production in the oil and gas industry, responding to the increasing demand for efficient operations.

Bull says

  • Q2’26 revenue of $176.5M (+25.5% YoY; +10.9% QoQ).
  • ECHO hybrid rigs offer competitive differentiation and strong demand.
  • Returned >40% of 2025 FCF via $4.5M buybacks and 0.25% dividend yield.
  • AWS acquisition drives projected >$100M adjusted EBITDA in 2026.
  • High earnings yield and strong momentum support valuation upside.
  • Solid Permian Basin position leverages rising oil prices.

Bear says

  • Margin compression risk: EBITDA margins may drop to single digits post-AWS.
  • Q1’26 negative FCF of $21.7M highlights working capital strain.
  • AWS integration risks could disrupt operations and efficiency.
  • Weak profitability and negative revisions suggest efficiency challenges.
  • Demand volatility as large operators remain disciplined, limiting growth.
  • GF Value suggests modest overvaluation, capping upside potential.

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-04-2026neutral

Transcript signals

Bull points

  • For the second quarter, we reported $140.6 million in revenue, a year-over-year improvement that is impressive given the drilling rig and frack spread declines currently impacting drilling and completion-exposed businesses.
  • Rangeville reported $20.6 million of adjusted EBITDA for the quarter, achieving 14.7% margins, consistent with last year's performance and sequentially stronger than Q1.
  • All segments delivered sequentially improving results despite falling rig counts, with company-wide Q2 revenue and adjusted EBITDA improving 4% and 33% quarter-over-quarter, respectively.

Bear points

  • we see continued shuffling and redeployment that can bring about some white space in schedules and margin pressures.
  • The fourth quarter has historically been unpredictable, depending on customer budget exhaustion and general macro sentiment, and we feel this year will be no different.
  • and 2% lower than the prior year quarter due to both service line mix and some margin pressure from rigged transitions between customers.
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