Ranger Energy Services, Inc. (RNGR) Stock

Ranger Energy Services, Inc. specializes in providing a comprehensive range of onshore services tailored for exploration and production companies across the United States. Operating through three distinct segments, the company offers high specification well service rigs, wireline completion services, and a variety of complementary solutions. The High Specification Rigs segment focuses on delivering well service rigs and associated equipment essential for all stages of well operations, including maintenance services. With a fleet comprising 540 well service rigs, Ranger Energy Services ensures efficient and reliable support throughout the lifecycle of oil and gas wells.

The Wireline Services segment provides crucial wireline production and intervention services aimed at diagnosing and resolving well production challenges. These services include cased hole logging, perforating, mechanical services, and pipe recovery operations. Additionally, the segment offers wireline completion services primarily for pump-down perforating operations. Supported by a fleet of 68 wireline units and four high-pressure pump trucks, Ranger Energy Services delivers effective solutions to enhance well productivity and efficiency.

Rounding out its offerings, the Processing Solutions and Ancillary Services segment provides a range of rental equipment and specialized services essential for well operations. This includes fluid pumps, hydraulic catwalks, frac tanks, and proprietary modular equipment for natural gas processing. The segment also offers coil tubing and snubbing services, as well as solutions for fluid management and decommissioning activities. Headquartered in Houston, Texas, Ranger Energy Services, Inc. has been serving the energy industry since its incorporation in 2014, contributing to the operational success and efficiency of oil and gas exploration and production activities across the United States.