Ranger Energy Q2 revenue rises

Ranger Energy Services

28/07/2025 22:13

Overview

Ranger Energy Q2 revenue rises 2% yr/yr, largely in-line with analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats consensus, driven by improved segment revenues

Company launches next generation hybrid e-rig, the ECHO rig

Outlook

Company expects continued stability in activity levels during Q3 2025

Ranger says Q4 is unpredictable due to macroeconomic conditions

Ranger focuses on cost control amidst broader market softness

Result Drivers

PERMIAN ACTIVITY - Increased activity levels in the Permian Basin contributed to revenue growth, per CEO Stuart Bodden

WIRELINE REBOUND - Wireline Services segment revenue grew 28% from prior quarter, returning to positive EBITDA

TECHNOLOGICAL ADVANCEMENT - Launch of Ranger ECHO hybrid e-rig expected to enhance operational efficiency and safety

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
meet
$140.60 mln
$140 mln (1 Analyst)
Q2 EPS
$0.32
Q2 Net Income
$7.30 mln
Q2 Adjusted EBITDA
Beat
$20.60 mln
$19.30 mln (2 Analysts)
Q2 Free Cash Flow
$14.40 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy."

Wall Street's median 12-month price target for Ranger Energy Services Inc is $13.00, about 0.3% above its July 28 closing price of $12.96

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw2M5x6sa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)