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RNGR / Ranger Energy Services To Consolidate Before Any Acceleration (Rating Downgrade)

Ranger Energy Services To Consolidate Before Any Acceleration (Rating Downgrade)
Ranger Energy Services is expected to make strategic adjustments in 2023, relocating assets and crews to the Permian from Haynesville due to weak natural gas prices. Despite a strong balance sheet and positive Q1 cash flows, the company faces challenges due to pricing softness and lack of topline growth opportunities. RNGR stock is currently undervalued compared to its peers, but due to limited growth prospects, I recommend investors "hold" the stock. Read More
Posted: Jul 12 2023, 02:08
Author Name: Seeking Alpha
Views: 091964

RNGR News  

Ranger Energy (RNGR) Q3 Earnings and Revenues Miss Estimates

By Zacks Investment Research
October 31, 2023

Ranger Energy (RNGR) Q3 Earnings and Revenues Miss Estimates

Ranger Energy (RNGR) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to ea more_horizontal

Ranger Energy Services, Inc. Announces Date for Third Quarter 2023 Earnings Conference Call

By Business Wire
October 17, 2023

Ranger Energy Services, Inc. Announces Date for Third Quarter 2023 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report third quarter financial and operating results befor more_horizontal

Strength Seen in Ranger Energy (RNGR): Can Its 10.0% Jump Turn into More Strength?

By Zacks Investment Research
September 26, 2023

Strength Seen in Ranger Energy (RNGR): Can Its 10.0% Jump Turn into More Strength?

Ranger Energy (RNGR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not hel more_horizontal

Ranger Energy Services, Inc. to Present at the Barclays CEO Energy-Power Conference

By Business Wire
September 5, 2023

Ranger Energy Services, Inc. to Present at the Barclays CEO Energy-Power Conference

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (the “Company”) announced today that Stuart Bodden, Chief Executive Officer, a more_horizontal

Ranger Energy Services, Inc. (RNGR) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 12, 2023

Ranger Energy Services, Inc. (RNGR) Q2 2023 Earnings Call Transcript

Ranger Energy Services, Inc. (NYSE:RNGR ) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Shelley Weimer - Vice Presi more_horizontal

Ranger Energy Services To Consolidate Before Any Acceleration (Rating Downgrade)

By Seeking Alpha
July 12, 2023

Ranger Energy Services To Consolidate Before Any Acceleration (Rating Downgrade)

Ranger Energy Services is expected to make strategic adjustments in 2023, relocating assets and crews to the Permian from Haynesville due to weak natu more_horizontal

Ranger Energy Services: Resilience Coupled With Improved Financials

By Seeking Alpha
July 10, 2023

Ranger Energy Services: Resilience Coupled With Improved Financials

Despite a downturn in drilling activity, Ranger Energy Services has leveraged strong demand for its products, resulting in growth in both earnings and more_horizontal

Ranger Energy Services, Inc. (RNGR) Q1 2023 Earnings Call Transcript

By Seeking Alpha
May 2, 2023

Ranger Energy Services, Inc. (RNGR) Q1 2023 Earnings Call Transcript

Ranger Energy Services, Inc. (NYSE:RNGR ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Shelley Weimer - Vice Presiden more_horizontal


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