Ranger Energy Services (RNGR) Misses Q3 EPS by 35c
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Ranger Energy Services, Inc. Announces Q3 2021 Results
November 4, 2021 5:32 PM EDTHOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (NYSE: RNGR) (Ranger or the Company) announced today its results for its fiscal quarter ended September 30, 2021.
Revenue grew 63% sequentially, primarily the result of wireline acquisitions
Completed Basic Energy Asset Acquisition (closed October 1st)
Restructured equity into a single share class and terminated the Tax Receivable Agreement (Q4)
Consolidated Financial Highlights
Quarterly revenues of $81.7 million increased $31.7 million, or 63%, from $50.0 million in Q2. The revenue increase is mostly seen in the Completion and Other... More
