Ranger Energy Services (RNGR) Tops Q4 EPS by $1.06
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Ranger Energy Services, Inc. Announces Q4 2021 Results
March 17, 2022 4:18 PM EDTHOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (NYSE: RNGR) (Ranger or the Company) announced today its results for its fiscal quarter ended December 31, 2021.
Completed the Basic Energy asset transaction recognizing a gain on purchase of $48 million
Revenue grew 51% sequentially, driven by inorganic growth
Amended reporting segments post acquisitions
Consolidated Financial Highlights
Quarterly revenues of $123.1 million increased $41.4 million, or 51%, from $81.7 million in Q3. The revenue increase is attributable to the High Specification Rigs and Processing Solutions and Ancillary Services reporting... More
