initial public offerings (IPOs) trading on American exchanges

Friday, August 11, 2017

Ranger Energy Services (RNGR) began trading on the NYSE on 11 August 2017





Description

Ranger Energy Services, Inc. is an independent provider of high-specification (high-spec) well service rigs and associated services in the United States. The Company focuses on unconventional horizontal well completion and production operations. The Company operates through Well Services and Processing Solutions segment. Well Services segment provides high-spec well service rigs and complementary equipment and services in the United States, with a focus on unconventional horizontal well completion, workover and maintenance operations. Processing Solutions segment engages in the rental, installation, commissioning, start-up, operation and maintenance of MRUs, NGL stabilizer units, NGL storage units and related equipment. The Company also offers full transportation, turn-key mobilization services, installation and ongoing operation services in the field. The Company's turn-key mobilization services include in-bound transportation and site offloading.

Address

800 Gessner Rd Ste 1000
HOUSTON, TX 77024-4257
United States

Key stats and ratios

Q2 (Jun '17)2016
Net profit margin-17.80%-9.47%
Operating margin-14.54%-8.52%
EBITD margin-3.98%
Return on average assets-14.81%-5.27%
Return on average equity-22.28%-6.54%
Employees663

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