XNYS
RNGR
Market cap359mUSD
Oct 08, Last price
15.46USD
1D
0.52%
1Q
-3.92%
IPO
10.43%
Name
Ranger Energy Services Inc
Chart & performance
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Profile
Ranger Energy Services, Inc., founded in 2014 and based in Houston, Texas, delivers crucial onshore support to exploration and production companies throughout the United States. The company's operations are categorized into three main segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs division operates a fleet of 540 advanced well service rigs and accompanying equipment. These assets are vital for facilitating various operations across a well's lifespan, including essential maintenance. The Wireline Services segment offers comprehensive solutions aimed at identifying and resolving well production challenges. This includes wireline production and intervention services, covering cased hole logging, perforating, mechanical work, and pipe recovery. Additionally, it provides wireline completion services, primarily for pump-down perforating to create entry holes in the production casing, alongside general pumping services. This segment is supported by 68 wireline units and four high-pressure pump trucks. Finally, the Processing Solutions and Ancillary Services segment provides a diverse range of specialized support. This includes the rental of well service-related equipment such as fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools. The segment also offers decommissioning, fluid management, coil tubing, and snubbing services. Furthermore, it supplies proprietary and modular equipment for natural gas processing, and manages the rental, installation, commissioning, startup, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment.
Key people
Merrill A. Miller
Independent Chairman of the Board · since 2017
President, Chief Executive Officer, Director · since 2017
J. Brandon Blossman
Chief Financial Officer · since 2018
Mario Humberto Hernandez
Chief Accounting Officer · since 2018
Brett T. Agee
Director · since 2017
Richard E. Agee
Director · since 2017
Independent Director · since 2017
Independent Director · since 2018
Independent Director · since 2018
Independent Director · since 2017
Legal address
C/O The Corporation Trust Company
Corporation Trust Center
1209 Orange Street
Wilmington, DE 19801
US
Corporation Trust Center
1209 Orange Street
Wilmington, DE 19801
US
Headquarters
800 Gessner Street
Suite 1000
Houston, TX 77024
US
Suite 1000
Houston, TX 77024
US
Valuation
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