Ranger Energy Services, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022
March 07, 2023 at 07:55 am EST
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Ranger Energy Services, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 154.3 million. Net income was USD 7.6 million.
Basic earnings per share from continuing operations was USD 0.31. Diluted earnings per share from continuing operations was USD 0.3.
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. 