BUZZ-Ranger Energy falls on quarterly profit fall
Shares of oilfield services company Ranger Energy Servicesfall nearly 3% at $13.34 premarketRNGR posts Q3 net income of $1.2 million, compared with $8.7 million a year agoCompany posts Q3 revenue of $128.9 million, a nearly 16% decrease from last yearRNGR on Monday says it has acquired Permian Basin-focused American Well Services for about $90.5 million in a cash-and-stock dealUp to last close, shares down 11.2% YTD
Shares of oilfield services company Ranger Energy Services (RNGR.N) fall nearly 3% at $13.34 premarket
RNGR posts Q3 net income of $1.2 million, compared with $8.7 million a year ago
Company posts Q3 revenue of $128.9 million, a nearly 16% decrease from last year
RNGR on Monday says it has acquired Permian Basin-focused American Well Services for about $90.5 million in a cash-and-stock deal
Up to last close, shares down 11.2% YTD
