Ranger Energy Services Inc

NYSE RNGR

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Ranger Energy Services Inc Market Capitalization on June 03, 2024: USD 229.29 M

Ranger Energy Services Inc Market Capitalization is USD 229.29 M on June 03, 2024, a -20.82% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Ranger Energy Services Inc 52-week high Market Capitalization is USD 351.79 M on September 28, 2023, which is 53.42% above the current Market Capitalization.
  • Ranger Energy Services Inc 52-week low Market Capitalization is USD 222.09 M on May 01, 2024, which is -3.14% below the current Market Capitalization.
  • Ranger Energy Services Inc average Market Capitalization for the last 52 weeks is USD 266.40 M.
NYSE: RNGR

Ranger Energy Services Inc

CEO Mr. Stuart N. Bodden
IPO Date Aug. 11, 2017
Location United States
Headquarters 10350 Richmond, Houston, TX, United States, 77042
Employees 2,000
Sector Energy
Industry Oil & gas equipment & services
Description

Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment also has a fleet of 402 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services that are used primarily for pump down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment also has a fleet of 66 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; and coiled tubing, decommissioning, and snubbing services, as well as provides proprietary and modular equipment for the processing of natural gas streams. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. Ranger Energy Services, Inc. was incorporated in 2017 and is headquartered in Houston, Texas.

StockViz Staff

September 16, 2024

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