RNGR
Ranger Energy Services, Inc.
RNGR's fundamentals are mixed: revenue grew 17%, but free cash flow fell 33%. At 19x earnings, it's trading above its usual 15x. Analysts expect strong earnings growth.
RNGR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Strong |
RNGR's revenue and balance sheet are currently strong, and its profitability and cash flow are stable.
RNGR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $5.18 | -59% |
| Forward | 8.4x | $12.53 | — |
| Fair | 15x | $9.85 | -21% |
| Current | 19x | $12.53 | — |
| Expensive | 24x | $15.91 | +27% |
Historical ranges are pointers, not guarantees.
RNGR's PE is in its expensive range at 19x. If earnings grow as analysts expect, today's price would be 8.4x next year's earnings, in its cheap range.
RNGR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for RNGR, with profitability improving.
RNGR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.50 | +131% |
| Q3 2026 | $0.65 | +1.6% |
| Q2 2026 | $0.60 | -39% |
| Q1 2026 | $0.63 | -28% |
| Q4 2025 | $0.54 | -33% |
| Q3 2025 | $0.64 | -1.5% |
| Q2 2025 | $0.98 | +53% |
| Q1 2025 | $0.87 | +30% |
| Q4 2024 | $0.81 | -15% |
RNGR's earnings per share have fallen from their peak: $0.65 over the past year, against $2.48 in late 2022.
RNGR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $162.8M | +26% |
| Q2 2026 | $176.5M | +26% |
| Q1 2026 | $159.1M | +18% |
| Q4 2025 | $142.2M | -0.6% |
| Q3 2025 | $128.9M | -16% |
| Q2 2025 | $140.6M | +1.8% |
| Q1 2025 | $135.2M | -1.2% |
| Q4 2024 | $143.1M | -5.5% |
RNGR's revenue is growing: $163M last quarter, up 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3% | +0.9 points |
| Q2 2026 | 6.7% | +0.6 points |
| Q1 2026 | 3.2% | +2.5 points |
| Q4 2025 | 2.3% | -4 points |
| Q3 2025 | 2% | -6.4 points |
| Q2 2025 | 6.1% | +0.8 points |
| Q1 2025 | 0.7% | +1.1 points |
| Q4 2024 | 6.2% | +3.2 points |
RNGR's operating margin was 3% last quarter, up 0.9 points from the same quarter a year ago.
RNGR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20M | +150% |
| Q2 2026 | $20M | +39% |
| Q1 2026 | -$21.7M | -738% |
| Q4 2025 | $17.1M | -37% |
| Q3 2025 | $8M | -26% |
| Q2 2025 | $14.4M | +112% |
| Q1 2025 | $3.4M | -38% |
| Q4 2024 | $27.3M | -6.2% |
RNGR still generates free cash flow, though less than at its 2023 peak: $35M over the past year.
RNGR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -184K shares |
| 1 year | +7.8% | +1.7M shares |
| 3 years | -4.3% | -1.1M shares |
| 5 years | +116% | +12.8M shares |
| Available history | +176% | +15.2M shares |
RNGR has 24M diluted shares, up 7.8% from a year ago, despite $8M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.2M |
| Q2 2026 | $4.5M |
| Q1 2026 | $500,000 |
| Q4 2025 | $700,000 |
| Q3 2025 | $8.2M |
| Q2 2025 | $3.3M |
| Q1 2025 | — |
| Q4 2024 | — |
RNGR spent $8M buying back its own shares over the past year, down 31% from the year before.
RNGR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
RNGR has more cash than debt.
RNGR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.9 | Neutral |
| Stochastic | 16.9 | Oversold |
RNGR's weekly RSI is 31 (neutral) and its Stochastic is 17 (oversold).
RNGR PE vs Energy Sector
| Metric | RNGR | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 13x | 47% above |
| PE % | 70 | 61 | 9 pts above |
RNGR is trading at 19x earnings, a 47% premium to the Energy sector's median of 13x.
RNGR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.5 | 14% below |
| 20 week MA | $15.6 | 20% below |
| 50 week MA | $15.8 | 21% below |
| 100 week MA | $14.7 | 15% below |
| 200 week MA | $13.1 | 4.4% below |
RNGR is in a downtrend: it's below all five of its weekly moving averages, and 4.4% below its 200-week average.
RNGR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.66 | $3.78 | -43% |
| 2021 | $3.78 | $10.2 | +170% |
| 2022 | $10.2 | $11.0 | +8.3% |
| 2023 | $11.0 | $10.2 | -7.3% |
| 2024 | $10.2 | $14.7 | +44% |
| 2025 | $14.7 | $13.9 | -6% |
| 2026 YTD | $13.9 | $12.5 | -9.5% |
RNGR's yearly returns have swung widely, from +170% in 2021 to −43% in 2020. It's down 9.5% so far in 2026.