Ranger Energy Services, Inc. Revises Earnings Guidance for the Fiscal Year 2023
August 07, 2023 at 05:10 pm EDT
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Ranger Energy Services, Inc. revised earnings guidance for the fiscal year 2023. For the period, the company revised revenue to be in the range of $660 million - $680 million compared to previous guidance in the range of $685 million - $715 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. 
