Ranger Energy Services Inc (RNGR) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Ranger Energy Services Inc (RNGR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Ranger Energy Services Inc is a provider of high-spec well service rigs and associated services in the United States, with a focus on technically demanding unconventional horizontal well completion and production operations. Ranger Energy Services Inc has a market cap of $96.680 million; its shares were traded at around $6.12 with and P/S ratio of 0.20.


For the last quarter Ranger Energy Services Inc reported a revenue of $82.1 million, compared with the revenue of $41.10 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $303.1 million, an increase of 96.8% from last year.

The reported loss per diluted share was 37.6 cents for the year. The Ranger Energy Services Inc had an operating margin of 2.28%, compared with the operating margin of -13.38% a year before. The 10-year historical median operating margin of Ranger Energy Services Inc is -13.38%. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, Ranger Energy Services Inc has the cash and cash equivalents of $2.60 million, compared with $5.30 million in the previous year. The long term debt was $51.3 million, compared with $7.30 million in the previous year. Ranger Energy Services Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $6.12, Ranger Energy Services Inc is traded at 46.8% discount to its historical median P/S valuation band of $11.50. The P/S ratio of the stock is 0.20, while the historical median P/S ratio is 0.38. The stock lost 32% during the past 12 months.

For the complete 20-year historical financial data of RNGR, click here.

This article first appeared on GuruFocus.


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