Ranger Energy Services Reports Q3 2025 Results and Acquisition
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Ranger Energy Services (RNGR) reported its Q3 2025 results, including a significant acquisition of American Well Services. Despite a 16% year-over-year revenue decline to $128.9 million and a drop in net income to $1.2 million, the company maintained strong liquidity of $116.7 million. Ranger repurchased 667,500 shares, returning $15.6 million to shareholders. The introduction of the ECHO electric hybrid rig aims to enhance operational efficiency. The acquisition is expected to create value by integrating high-spec rigs and leveraging customer consolidation trends.
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