Ranger Energy Financials

RNGR Stock  USD 16.70  0.13  0.78%   
Based on the key measurements obtained from Ranger Energy's financial statements, Ranger Energy Services is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Ranger Energy's Other Current Assets are relatively stable compared to the past year. As of 11/22/2024, Non Currrent Assets Other is likely to grow to about 1.3 M, while Short and Long Term Debt Total is likely to drop slightly above 14.2 M. Key indicators impacting Ranger Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio4.0E-44.0E-4
Notably Down
Slightly volatile
Current Ratio1.061.9623
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Ranger Energy includes many different criteria found on its balance sheet. An individual investor should monitor Ranger Energy's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ranger Energy.

Net Income

24.99 Million

  
Understanding current and past Ranger Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ranger Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Ranger Energy's assets may result in an increase in income on the income statement.

Ranger Energy Stock Summary

Ranger Energy competes with Newpark Resources, ProPetro Holding, RPC, MRC Global, and Oil States. Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. Ranger Energy Services, Inc. was incorporated in 2014 and is based in Houston, Texas. Ranger Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1915 people.
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS75282U1043
CUSIP75282U104
LocationTexas; U.S.A
Business Address10350 Richmond, Houston,
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.rangerenergy.com
Phone713 935 8900
CurrencyUSD - US Dollar

Ranger Energy Key Financial Ratios

Ranger Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets293.5M240.6M393.1M381.6M378M298.1M
Other Liab700K1.8M5M4.7M5.4M5.7M
Net Tangible Assets103.9M101.9M240.8M259.1M298.0M312.9M
Net Debt48.7M30.7M67.7M24.3M(800K)(760K)
Accounts Payable13.8M10.5M20.7M24.3M31.3M19.4M
Cash6.9M2.8M600K3.7M15.7M16.5M
Long Term Debt26.6M14.5M18.4M11.6M13.3M19.2M
Net Receivables42.7M27M93.8M118.1M85.4M57.5M
Long Term Debt Total7.3M51.3M30.2M11.6M13.3M21.8M
Other Current Assets5.3M3.6M8.3M12.4M27.9M29.3M
Total Liab90.5M55.8M144.4M115.4M106.2M88.4M
Total Current Assets58.7M35.7M105.2M140.1M135.4M75.0M
Short Term Debt20.9M12.5M46.3M14.1M8M7.6M
Inventory3.8M2.3M2.5M5.9M6.4M4.5M
Intangible Assets9.3M8.5M7.8M7.1M6.3M6.9M
Retained Earnings(8.1M)(18.4M)(8M)7.1M28.4M29.8M

Ranger Energy Key Income Statement Accounts

The reason investors look at the income statement is to determine what Ranger Energy's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense5.8M3.4M4.8M7.3M3.5M4.4M
Total Revenue336.9M187.8M293.1M608.5M636.6M668.4M
Gross Profit39.1M4.9M(7M)60.2M65M68.3M
Operating Income12.4M(15.1M)(3.5M)19.7M36.9M38.7M
Ebit12.4M(15.1M)(3.5M)23.3M34.5M36.2M
Ebitda47.2M19.9M33.3M67.7M74.4M78.1M
Cost Of Revenue297.8M182.9M300.1M548.3M571.6M290.4M
Income Before Tax6.6M(18.5M)(8.3M)16M31M32.6M
Net Income4.4M(15.8M)(2.1M)15.1M23.8M25.0M
Income Tax Expense2.2M(2.7M)(6.2M)900K7.2M7.6M
Net Interest Income(5.8M)(3.4M)(4.8M)(7.3M)(4.4M)(4.6M)
Tax Provision2.2M500K(6.2M)900K5.3M5.6M

Ranger Energy Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash4.3M(4.1M)(2.2M)3.1M12M12.6M
Net Borrowings(18.3M)(16.1M)35.3M(44.2M)(39.8M)(37.8M)
Free Cash Flow27.7M18.3M(45M)30.7M54.3M57.0M
Depreciation34.8M35M36.8M44.4M39.9M30.3M
Other Non Cash Items100K2.6M(31.5M)(1.9M)3.3M3.5M
Capital Expenditures24.2M7.2M5.6M13.8M36.5M19.7M
Net Income4.4M(18.5M)(2.1M)15.1M23.8M25.0M
End Period Cash Flow6.9M2.8M600K3.7M15.7M16.5M
Investments(23.4M)(5.4M)(36.4M)11.3M(24.2M)(25.4M)
Change Receivables(10.6M)5.2M15.6M(10.7M)(12.3M)(11.7M)

Ranger Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ranger Energy's current stock value. Our valuation model uses many indicators to compare Ranger Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ranger Energy competition to find correlations between indicators driving Ranger Energy's intrinsic value. More Info.
Ranger Energy Services is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.74  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ranger Energy Services is roughly  1.34 . At this time, Ranger Energy's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ranger Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ranger Energy Services Systematic Risk

Ranger Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ranger Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ranger Energy Services correlated with the market. If Beta is less than 0 Ranger Energy generally moves in the opposite direction as compared to the market. If Ranger Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ranger Energy Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ranger Energy is generally in the same direction as the market. If Beta > 1 Ranger Energy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ranger Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ranger Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ranger Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.24

At this time, Ranger Energy's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Ranger Energy November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ranger Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ranger Energy Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ranger Energy Services based on widely used predictive technical indicators. In general, we focus on analyzing Ranger Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ranger Energy's daily price indicators and compare them against related drivers.

Additional Tools for Ranger Stock Analysis

When running Ranger Energy's price analysis, check to measure Ranger Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ranger Energy is operating at the current time. Most of Ranger Energy's value examination focuses on studying past and present price action to predict the probability of Ranger Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ranger Energy's price. Additionally, you may evaluate how the addition of Ranger Energy to your portfolios can decrease your overall portfolio volatility.