Ranger Energy Services, Inc. Announces Q4 2020 Results

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Ranger Industries, Inc. (RNGR) Misses Q4 EPS by 12c, Revenues Beat

February 25, 2021 5:11 PM EST

Ranger Industries, Inc. (NYSE: RNGR) reported Q4 EPS of ($0.43), $0.12 worse than the analyst estimate of ($0.31). Revenue for the quarter came in at $41.5 million versus the consensus estimate of $37.8 million.

"After two straight quarters of severely depressed activity, Q4 marked the first real signs of an industry turnaround. Commodity prices have responded to the rollout of COVID-19 vaccines, global energy demand is improving and a stronger commitment to capital discipline by U.S. shale operators is emerging.

I am proud of the fact that during the 2020 downturn Ranger remained committed to our long-term... More