Ranger Energy Services, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022
April 28, 2022 at 05:19 pm EDT
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Ranger Energy Services, Inc. provided earnings guidance for the second quarter and full year of 2022. For the quarter, the company expects revenue to be between $135 million and $145 million.
For the year, the company expects revenue to be between $540 million and $580 million.
Ranger Energy Services, Inc. is a provider of onshore high specification well service rigs, wireline services, and additional processing solutions and ancillary services in the United States. The Company operates in three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs provides high specification well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well. The Wireline Services. provides services necessary to bring and maintain a well on production and consists of its wireline completion, wireline production and pump down lines of business. The processing Solutions and Ancillary Services provides other services often utilized in conjunction with its High Specification Rigs and Wireline Services segments. These services include equipment rentals, plug and abandonment, logistics, snubbing and coil tubing, and processing solutions.
RANGER ENERGY SERVICES, INC. 
