Richard Agee - Ranger Energy Independent Director

RNGR Stock  USD 16.50  0.33  1.96%   

Director

Mr. Richard E. Agee is Director of the Company. Mr. Agee founded Wapiti Energy, LLC, a privately held oil and natural gas company focused on strategic exploration throughout the United States, in 2000, and has served as the Chairman of its board of directors since its founding in 2000, and served as the Chairman of the board of directors of Bayou until our acquisition thereof in October 2016. Mr. Agee holds both BS and MS degrees in Petroleum Engineering from the University of Wyoming. Mr. Agee was also a Sloan Fellow at the Massachusetts Institute of Technology, from which he received his MS. Mr. Agee is the father of Brett Agee, a member of our Board of Directors. We believe that Mr. Agee extensive experience serving as an officer and director for several energy companies brings important and valuable skills to our Board of Directors. Pursuant to the stockholders agreement, Mr. Agee has certain rights, subject to certain exceptions, to remain a member of our Board of Directors for so long as CSL beneficially owns at least 50 percent of our Common Stock. since 2020.
Age 77
Tenure 4 years
Address 10350 Richmond, Houston, TX, United States, 77042
Phone713 935 8900
Webhttps://www.rangerenergy.com
Agee was also a Sloan Fellow at the Massachusetts Institute of Technology, from which he received his MS.

Ranger Energy Management Efficiency

The company has return on total asset (ROA) of 0.0399 % which means that it generated a profit of $0.0399 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0536 %, meaning that it created $0.0536 on every $100 dollars invested by stockholders. Ranger Energy's management efficiency ratios could be used to measure how well Ranger Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.13. At this time, Ranger Energy's Return On Assets are relatively stable compared to the past year. As of 11/25/2024, Asset Turnover is likely to grow to 1.77, while Non Current Assets Total are likely to drop slightly above 223.1 M.
Ranger Energy Services currently holds 14.9 M in liabilities with Debt to Equity (D/E) ratio of 0.34, which is about average as compared to similar companies. Ranger Energy Services has a current ratio of 1.21, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Ranger Energy's use of debt, we should always consider it together with its cash and equity.

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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. Ranger Energy Services (RNGR) is traded on New York Stock Exchange in USA. It is located in 10350 Richmond, Houston, TX, United States, 77042 and employs 2,000 people. Ranger Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Ranger Energy Services Leadership Team

Elected by the shareholders, the Ranger Energy's board of directors comprises two types of representatives: Ranger Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ranger. The board's role is to monitor Ranger Energy's management team and ensure that shareholders' interests are well served. Ranger Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ranger Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matt Hooker, VP Services
J Blossman, Chief Financial Officer
Stuart Bodden, President, Chief Executive Officer, Director
Gerald Cimador, Independent Director
Merrill Miller, Independent Chairman of the Board
Shelley Weimer, VP Compliance
Richard Agee, Independent Director
James Yaw, Vice Resources
Melissa CPA, Chief Officer
Brett Agee, Independent Director
Justin Whitley, General Secretary
Chief Tauzin, Vice Sales
Krishna Shivram, Independent Director
Matthew Hooker, Senior Services
Darron Anderson, President, Chief Executive Officer, Director
William Austin, Chairman of the Board, Interim Chief Executive Officer
Mario Hernandez, Chief Accounting Officer, Controller
Melissa Cougle, Chief Officer
Byron Dunn, Independent Director
Matt McCoy, VP Services
Charles Leykum, Independent Director
Casey Nipper, Senior Services
Michael Kearney, Independent Director
Joe Mease, Vice Finance
Lance Perryman, Executive Vice President - Processing Solutions
Mark Haubert, Marketing Devel

Ranger Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ranger Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ranger Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ranger Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ranger Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ranger Stock

  0.89TS Tenaris SA ADRPairCorr

Moving against Ranger Stock

  0.69TDW TidewaterPairCorr
  0.68XPRO Expro Group HoldingsPairCorr
  0.46DTI Drilling Tools InterPairCorr
  0.31WFRD Weatherford InternationalPairCorr
The ability to find closely correlated positions to Ranger Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ranger Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ranger Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ranger Energy Services to buy it.
The correlation of Ranger Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ranger Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ranger Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ranger Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.