Ranger Energy Services, Inc.

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. The company 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 equipment for well maintenance, with a fleet of 431 rigs. The Wireline Services segment provides production and intervention services including cased hole logging, perforating, and pump down perforating, supported by 65 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents equipment like fluid pumps, power swivels, and frac tanks, and offers coiled tubing, decommissioning, and snubbing services, as well as natural gas processing equipment.

Ranger Energy Services, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol RNGR. The company's financials are reported in US Dollars (USD), as it is based in the United States. Being listed on the NYSE provides the company with access to a broad base of investors and liquidity in the US capital markets. The use of USD aligns with its domestic operations and revenue streams, as the company primarily serves exploration and production companies within the United States.

Ranger Energy Services operates in the Energy sector, specifically within the Oil & Gas Equipment & Services industry. This means the company provides equipment, technology, and support services to oil and gas exploration and production companies. As part of this industry, Ranger focuses on well service rigs, wireline services, and related equipment rental and processing solutions. The company's activities are essential for the maintenance, completion, and optimization of oil and gas wells, helping clients maximize production efficiency throughout the lifecycle of a well.

Ranger Energy Services organizes its business into three main segments. The High Specification Rigs segment operates a fleet of 431 well service rigs and provides complementary equipment and services for well maintenance throughout the well lifecycle. The Wireline Services segment offers production and intervention services including cased hole logging, perforating, and pump down perforating, using 65 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents equipment such as fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools. It also provides coiled tubing, decommissioning, and snubbing services, along with proprietary modular equipment for natural gas stream processing, including rental, installation, commissioning, operation, and maintenance of mechanical refrigeration systems.

Ranger Energy Services serves the United States onshore oil and gas market, providing services to exploration and production companies. The company's operations are focused on domestic onshore basins, where it supports well maintenance, completion, and production optimization activities. With a fleet of 431 well service rigs, 65 wireline units, and 29 high-pressure pump trucks, Ranger is positioned to serve customers across major US oil and gas producing regions. The company's services are critical for maintaining well integrity, enhancing production, and managing the lifecycle of wells, making it a key partner for operators in the US energy sector.