RNGR

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) today announced that it has entered into an agreement to acquire the US coiled tubing assets of STEP Energy Services (“STEP” or the “Seller”). Strategic Highlights Positions Ranger as the second-largest U.S. coiled tubing operator in the onshore U.S. market, with significant scale and a strong Permian and Bakken presence. Delivers a compelling valuation, with approximately $27.5 million of total cons.

Ranger Energy (RNGR) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.32 per share a year ago.

Ranger Energy Services NYSE: RNGR reported higher second-quarter revenue and adjusted EBITDA as activity strengthened across its production-focused service lines and the company continued integrating American Well Services, or AWS.

Ranger Energy Services, Inc. (RNGR) Q2 2026 Earnings Call Transcript

U.S. natural gas futures gain with warmer weather forecasts lifting demand expectations for coming weeks.

Ranger Energy: High Spec Rig Demand Support Margin Stability

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Ranger Energy (RNGR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Ranger Energy (RNGR) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Ranger Energy Services, Inc. (RNGR) Q1 2026 Earnings Call Transcript