RNGRNYSEOil & Gas Field Services, NECUS GAAP · USD

Ranger Energy Services, Inc.

Ranger Energy Services, Inc. is a U.S.-based oilfield services company focused on onshore well servicing across active shale and conventional basins. Through its operating subsidiaries, it provides high-specification well service rigs, wireline services, and related processing and ancillary services to upstream oil and natural gas operators.

Kysy yhtiöstä
Liikevaihto547milj. USD
−4,2 %v/v
Liikevoitto (EBIT)15,4milj. USD
−46,2 %v/v
EBIT-marginaali2,8%
−2,2 %-yks.v/v
Nettotulos12,3milj. USD
−33,2 %v/v
Vapaa kassavirta42,9milj. USD
−14,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2000200400600800milj. USD2020: 188 milj. USD2020: EBIT −17 milj. USD20202021: 293 milj. USD2021: EBIT −41 milj. USD20212022: 609 milj. USD2022: EBIT 20 milj. USD20222023: 637 milj. USD2023: EBIT 37 milj. USD20232024: 571 milj. USD2024: EBIT 29 milj. USD20242025: 547 milj. USD2025: EBIT 15 milj. USD202554715
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
High Specification Rigs63 %

Well service rigs and complementary equipment used for well completion, workover, and maintenance.

Wireline Services14 %

Wireline completion, wireline production, and pump down services used to bring wells on production and maintain output.

Processing Solutions and Ancillary Services23 %

Supporting services such as rentals, plug and abandonment, logistics, coil tubing, chemicals, and transportation.

Tuotteet

Raportoitu · osuus liikevaihdosta
63,4%24,0%12,6%FY2025100 %
  • High Specification Rigs63,4 %
  • Processing Solutions and Ancillary Services24,0 %
  • Wireline Services12,6 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Ranger sells primarily to U.S. upstream oil and natural gas operators that need field services over the life of a well. Its customer base includes large E&P companies operating in major shale basins, where recurring maintenance, completion, and production support work is outsourced to third-party service providers.

U.S. E&P operators

Buy well service rigs, wireline, and field support to complete and maintain producing wells.

Large multi-basin operators

Use Ranger for standardized, repeatable field execution across large asset bases.

Production-focused operators

Buy maintenance and production services to keep existing wells flowing efficiently.

Well abandonment customers

Use plug and abandonment and related services for end-of-life well obligations.

Strategia

Ranger’s strategy centers on serving large U.S. operators with standardized well service execution, broad basin coverage, and a mix of rig, wireline, and ancillary offerings. The company also emphasizes production-oriented work and complementary services that can travel across basins and remain relevant through the full life of a well.

Deepen relationships with large E&P operatorsKeskipitkä aikaväli

Large customers value standardized processes and multi-basin execution.

Maintain broad basin coverageKeskipitkä aikaväli

Geographic flexibility helps match assets to shifting drilling and completion activity.

Expand production-oriented and ancillary servicesKeskipitkä aikaväli

These services complement rig and wireline work and can increase customer stickiness.

Maantiede

Ranger operates across most active U.S. oil and natural gas basins, with activity in the Permian, DJ Basin, Bakken, Eagle Ford, Haynesville, Gulf Coast, and Oklahoma plays. The business is geographically diversified within the Lower 48, so basin-level drilling and completion cycles directly affect utilization and pricing.

Riskit

Ranger is exposed to cyclical U.S. upstream activity, where lower crude prices or reduced completion activity can quickly reduce demand for field services. Its operations also carry industrial, environmental, cybersecurity, and asset-utilization risks because the business depends on mobile equipment, field crews, and long-lived rigs and vehicles.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Commodity-price driven activity declines1Operational and environmental incidents2Wireline competition and lower completion activity3Cybersecurity and IT system failures4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commodity-price driven activity declinesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Customer spending on well services depends on oil and gas prices and upstream budgets.

    Kohdistuu: U.S. onshore drilling and completion markets

  2. Operational and environmental incidentsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Field work involves heavy equipment, hazardous materials, and wellsite hazards.

    KohdistuuRig operationsWirelineAncillary field services
  3. Wireline competition and lower completion activityVaikutus: KorkeaTodennäköisyys: Matala

    Reduced stage counts and competitive pricing can pressure wireline volumes.

    Kohdistuu: Wireline completion and production services

  4. Cybersecurity and IT system failuresVaikutus: KeskitasoTodennäköisyys: Matala

    Operations rely on process control and enterprise systems that can be disrupted.

    KohdistuuFleetField coordinationAdministrative systems
  5. Asset impairment riskVaikutus: Keskitaso

    Rig and vehicle fleets require sufficient utilization and future cash flow support.

    KohdistuuProperty and equipmentLong-lived assets

Kirjanpito

Harkinnanvaraiset erät
Long-lived asset impairment

Rig fleets and other equipment are tested when indicators suggest carrying values may not be recoverable.

Vaikutus: Can create non-cash charges if future utilization or cash flows weaken

Property and equipment depreciation

A large fleet of rigs, trucks, and vehicles drives depreciation expense and segment profitability.

Vaikutus: Affects operating income and asset carrying values

Equity-based compensation

Performance stock units are valued using option-pricing assumptions and recognized over vesting periods.

Vaikutus: Affects compensation expense and diluted share metrics

Seasonality and activity timing

Revenue and margins can shift with completion counts, weather, and basin-level activity.

Vaikutus: Makes quarterly comparisons less linear

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026