Ranger Energy Services

OverviewSuggest Edit

Ranger Energy Services is an oil and gas completion and production solutions company. It offers products and services, including rigs and ancillary equipment, rig services, rig assist snubbing, rentals, frac flowback and well testing, logistics, and frac plug drillout and completion. The company also develops technology, a mobile platform, and an application for monitoring and safety such as TOPS, Ranger Live, and eRIGS.
TypePublic
Founded2017
HQHouston, TX, US
Websiterangerenergy.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2020)700(-36%)
Job Openings185
Revenue (FY, 2016)$52.8 M
Share Price (Aug 2022)$8.8
Cybersecurity ratingCMore
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Key People/Management at Ranger Energy Services

Brandon Blossman

Brandon Blossman

Chief Financial Officer
Mark Haubert

Mark Haubert

Vice President, Business Development, Marketing & Technology
Mario Hernandez

Mario Hernandez

Chief Accounting Officer
J. Matt Hooker

J. Matt Hooker

Senior Vice President, Ranger Energy Services
Larry Huddleston

Larry Huddleston

Senior Vice President, Torrent Energy Services
James Yaw

James Yaw

Vice President, Human Resources
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Ranger Energy Services Office Locations

Ranger Energy Services has offices in Houston, Calumet, Dickinson, Hobbs and in 8 other locations
Houston, TX, US (HQ)
10350 Richmond Ave #550
Calumet, OK, US
12305 Memorial Rd NW
Dickinson, ND, US
2983 108S Ave SW
Hobbs, NM, US
8610 S Eunice Hwy
Houston, TX, US
One Memorial City Plaza, 800 Gessner Rd #1000
Milliken, CO, US
3333 Center Dr
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Ranger Energy Services Financials and Metrics

Ranger Energy Services Revenue

Ranger Energy Services's revenue was reported to be $52.8 m in FY, 2016
USD

Revenue (Q3, 2017)

41.1m

Gross profit (Q3, 2017)

7.2m

Gross profit margin (Q3, 2017), %

17.5%

Net income (Q3, 2017)

(9.5m)

EBIT (Q3, 2017)

(4.8m)

Market capitalization (4-Aug-2022)

219.8m

Closing stock price (4-Aug-2022)

8.8

Cash (30-Sept-2017)

20.7m

EV

206.1m
Ranger Energy Services's current market capitalization is $219.8 m.
Annual
USDFY, 2016

Revenue

52.8m

Cost of goods sold

39.3m

Gross profit

13.5m

Gross profit Margin, %

26%
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

5.6m16.1m29.1m33.7m41.1m

Cost of goods sold

3.7m11.7m23.9m26.2m33.9m

Gross profit

1.9m4.4m5.2m7.5m7.2m

Gross profit Margin, %

34%27%18%22%18%
Annual
USDFY, 2016

Cash

1.6m

Accounts Receivable

14.8m

Prepaid Expenses

1.4m

Current Assets

22.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017

Cash

200.0k2.4m20.7m

Accounts Receivable

22.2m20.6m27.9m

Prepaid Expenses

1.5m4.1m6.6m

Current Assets

30.2m31.6m56.0m
Annual
USDFY, 2015FY, 2016

Net Income

(6.7m)(5.0m)

Depreciation and Amortization

2.1m6.6m

Accounts Payable

(1.6m)(1.2m)

Cash From Operating Activities

(5.2m)(5.2m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(1.4m)(2.1m)(1.9m)(6.2m)(12.1m)(21.5m)

Depreciation and Amortization

900.0k1.7m3.1m3.6m7.6m11.7m

Accounts Payable

200.0k(1.1m)(1.8m)1.9m6.5m1.5m

Cash From Operating Activities

(300.0k)(3.4m)(2.8m)(6.8m)(8.6m)(7.6m)
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Ranger Energy Services Revenue Breakdown

Embed Graph

Ranger Energy Services revenue breakdown by business segment: 87.7% from Well Services and 12.3% from Processing Solutions

Ranger Energy Services Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Ranger Energy Services Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Ranger Energy Services Online and Social Media Presence

Embed Graph

Ranger Energy Services News and Updates

Nations Capital, Inc. Acquires Rocky Mountain Region Assets From Ranger Energy Services, LLC

HOUSTON, Nov. 18, 2021 /PRNewswire/ -- Nations Capital Inc. ("NCI"), a global asset management and advisory firm focused on opportunistic investments and asset remarketing, announced today that it has acquired certain assets from Ranger Energy Services, LLC (the "Company") located in the...

Ranger Energy Services Blogs

Safety Work Plan

Just as our Ranger family does work planning on the job [...] The post Safety Work Plan appeared first on Ranger Energy Services.

Ranger Accounts Receivable Team wins this quarter’s Positive Energy Belt Award

Every quarter we award a team at Ranger who has gone ab [...] The post Ranger Accounts Receivable Team wins this quarter’s Positive Energy Belt Award appeared first on Ranger Energy Services.

Ranger wishes you a Happy Independence Day!

“I believe in America because we have great dreams, and [...] The post Ranger wishes you a Happy Independence Day! appeared first on Ranger Energy Services.

4th of July Safety

As we get ready to celebrate the 4th of July, we’re lik [...] The post 4th of July Safety appeared first on Ranger Energy Services.

Ranger Focuses on Service Initiatives

Last year Ranger made a major commitment to our ESG ini [...] The post Ranger Focuses on Service Initiatives appeared first on Ranger Energy Services.

Positive Energy Spot Award – Austin “Ty”

Congratulations to Ty, QHSE Advisor based in Casper, Wy [...] The post Positive Energy Spot Award – Austin “Ty” appeared first on Ranger Energy Services.
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Ranger Energy Services Frequently Asked Questions

  • When was Ranger Energy Services founded?

    Ranger Energy Services was founded in 2017.

  • Who are Ranger Energy Services key executives?

    Ranger Energy Services's key executives are Brandon Blossman, Mark Haubert and Mario Hernandez.

  • How many employees does Ranger Energy Services have?

    Ranger Energy Services has 700 employees.

  • What is Ranger Energy Services revenue?

    Latest Ranger Energy Services annual revenue is $52.8 m.

  • What is Ranger Energy Services revenue per employee?

    Latest Ranger Energy Services revenue per employee is $75.4 k.

  • Who are Ranger Energy Services competitors?

    Competitors of Ranger Energy Services include Forbes Energy Services, Pioneer Energy Services and Stallion Oilfield.

  • Where is Ranger Energy Services headquarters?

    Ranger Energy Services headquarters is located at 10350 Richmond Ave #550, Houston.

  • Where are Ranger Energy Services offices?

    Ranger Energy Services has offices in Houston, Calumet, Dickinson, Hobbs and in 8 other locations.

  • How many offices does Ranger Energy Services have?

    Ranger Energy Services has 14 offices.