Brief: Ranger Energy Services Acquires Perfx Wireline Services

Ranger Energy Services

09/07/2021 16:47

July 9 (Reuters) - Ranger Energy Services Inc  RNGR.N :
    * RANGER ENERGY SERVICES, INC. ACQUIRES PERFX WIRELINE
SERVICES
    * RANGER ENERGY SERVICES INC - ON A COMBINED BASIS, FOR BOTH
PATRIOT AND PERFX TRANSACTIONS, RANGER HAS ISSUED 2.256 MILLION
SHARES OF CLASS A COMMON STOCK
    * RANGER ENERGY SERVICES INC - CO HAS ASSUMED A TOTAL OF $12
MILLION OF LIGHT DUTY VEHICLE LEASES AND ROLLING-STOCK
ASSOCIATED TERM DEBT
    * RANGER ENERGY SERVICES INC - ON A NTM BASIS, EXPECT
EV/EBITDA
ACCRETION OF 27% AND FCF/SHARE ACCRETION OF 34%

Source text for Eikon:  urn:newsml:reuters.com:*:nBw5K449da
Further company coverage:  RNGR.N 

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