Filing Analysis
Ranger Energy Services, Inc. announced its second quarter 2026 financial and operating results via a conference call and the publication of a presentation on its website.
📋 Key Facts
- Report date: July 28, 2026
- Event: Release of Q2 2026 financial and operating results
- Method of disclosure: Conference call and web presentation (Exhibit 99.1)
- Filed under Item 7.01 (Regulation FD Disclosure)
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending June 30, 2026, and declared a quarterly cash dividend of $0.06 per share.
📋 Key Facts
- Quarterly earnings results for the quarter ended June 30, 2026 were announced on July 27, 2026.
- The Board of Directors declared a quarterly cash dividend of $0.06 per share.
- Dividend record date is August 7, 2026; payment date is August 21, 2026.
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending September 30, 2025 and declared a quarterly cash dividend of $0.06 per share.
📋 Key Facts
- Quarterly earnings results for the quarter ended September 30, 2025 were released on November 10, 2025.
- The Board of Directors declared a quarterly cash dividend of $0.06 per share.
- Dividend record date is November 21, 2025; payment date is December 5, 2025.
Ranger Energy Services, Inc. completed the acquisition of American Well Services, LLC (AWS), a Permian Basin-based operator of high-specification rigs and equipment, for approximately $90.5 million.
🚩 Red Flags
- The acquisition involves significant debt utilization via a revolving credit facility to fund $60.5 million of the cash portion.
- Initial accounting for the business combination has not yet been completed, leading to potential future adjustments/restatements in upcoming filings.
📋 Key Facts
- Acquisition date: November 7, 2025.
- Total estimated purchase price: ~$90.5 million (subject to adjustments).
- Consideration structure: $60.5 million in cash and 1,998,401 shares of Class A Common Stock.
- Contingent earnout: Up to $5 million based on AWS performance over the next 12 months.
- Funding source: Wells Fargo Revolving Credit Facility and available cash on hand.
- Target asset: 100% ownership of American Well Intermediate Holdings, LLC (AWS), operating in the Permian Basin.
Ranger Energy Services, Inc. announced the resignation of Board member Brett T. Agee, effective September 19, 2025. The company stated the departure was not due to any disagreement regarding operations or management.
🚩 Red Flags
- Board member departure (though noted as non-dispute related)
📋 Key Facts
- Brett T. Agee resigned from the Board of Directors on September 19, 2025.
- The resignation is explicitly noted as NOT being due to disagreements with the Company's operations, policies, practices, or management.
- The Board is currently reviewing succession planning and will decide on future Board structure within the next 90 days.
Ranger Energy Services, Inc. has adopted a new Executive Severance Plan effective July 24, 2025. The plan establishes severance multipliers and benefits for executive officers in the event of termination without cause or good reason, with enhanced payouts triggered by a change in control.
🚩 Red Flags
- The adoption of an executive severance plan can sometimes be a precursor to leadership turnover or M&A activity, though it is also standard corporate governance for retention.
📋 Key Facts
- The Executive Severance Plan was adopted on July 24, 2025, following a recommendation from the Compensation Committee.
- Plan covers CEO Stuart N. Bodden, CFO Melissa Cougle, and EVP J. Matthew Hooker.
- General termination benefits include base salary multipliers (1x for CEO/EVP, 0.5x for SVP/VP) plus pro-rated bonuses and medical coverage.
- Change in control benefits are significantly higher: 3x multiplier for CEO, 2x for EVPs within a window of 90 days prior to or two years after a change in control.
- Severance is contingent upon executing a release of claims and one-year non-compete/non-solicitation restrictive covenants.
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending June 30, 2025 and declared a quarterly cash dividend of $0.06 per share.
📋 Key Facts
- Quarterly earnings results for the period ending June 30, 2025 were released on July 28, 2025.
- Board of Directors declared a quarterly cash dividend of $0.06 per share.
- Dividend is payable on August 22, 2025 to common stockholders of record at the close of business on August 8, 2025.
Ranger Energy Services, Inc. held its 2025 Annual General Meeting of Stockholders on May 9, 2025. The meeting resulted in the reelection of two directors and the ratification of Grant Thornton LLP as the independent auditor.
📋 Key Facts
- Annual Meeting held on May 9, 2025.
- Total shares eligible to vote: 22,975,474; Shares represented: 18,397,728.
- Michael C. Kearney and Krishna Shivram were reelected as Class I directors for three-year terms ending in 2028.
- Stockholders ratified the appointment of Grant Thornton LLP as independent auditor for fiscal year ending Dec 31, 2025.
- Non-binding advisory vote on executive compensation was approved (16,400,240 FOR).
- Amended and Restated 2017 Long-Term Incentive Plan was approved by stockholders.
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending March 31, 2025 and declared a quarterly cash dividend.
📋 Key Facts
- Quarterly earnings results for the quarter ended March 31, 2025 were released on April 29, 2025.
- The Board of Directors declared a quarterly cash dividend of $0.06 per share.
- Dividend record date is May 9, 2025; payment date is May 23, 2025.
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending December 31, 2024, and declared a quarterly cash dividend.
🚩 Red Flags
- Potential typographical error in the dividend record date (listed as March 14, 2024 instead of 2025), though this does not impact material financial health.
📋 Key Facts
- Quarterly earnings results for the quarter ended December 31, 2024 were released on March 3, 2025.
- The Board of Directors declared a quarterly cash dividend of $0.06 per share.
- Dividend is payable on March 28, 2025 to common stockholders of record at the close of business on March 14, 2024 (Note: potential clerical error in filing text regarding year).
- The company is an emerging growth company.
Ranger Energy Services, Inc. is providing a presentation to the investment community at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference on December 3, 2024.
📋 Key Facts
- The company will present at the Noble Capital Markets 20th Annual Emerging Growth Equity Conference.
- Presentation materials are being furnished pursuant to Regulation FD.
- Materials will be available on the Company's website on the day of the presentation.
Ranger Energy Services announced its Q3 2024 financial results, the retirement of a board member, and the declaration of a quarterly dividend. The company is also reducing its Board size from 7 to 6 members.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- Quarterly earnings results for the period ending September 30, 2024 were announced on October 28, 2024.
- Director Charles S. Leykum is retiring effective November 1, 2024; his departure is not due to any disagreement with the company.
- The Board of Directors passed a resolution to reduce its size from 7 members to 6 members, effective November 1, 2024.
- A quarterly cash dividend of $0.05 per share was declared, payable on November 22, 2024, to stockholders of record as of November 8, 2024.
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending June 30, 2024 and declared a quarterly cash dividend.
📋 Key Facts
- Quarterly earnings results for the quarter ended June 30, 2024 were released on July 29, 2024.
- The Board of Directors declared a quarterly cash dividend of $0.05 per share.
- Dividend record date is August 9, 2024; payment date is August 23, 2024.
Ranger Energy Services, Inc. reported the results of its 2024 Annual General Meeting held on May 10, 2024. Stockholders successfully reelected two directors and ratified the appointment of Grant Thornton LLP as independent auditors.
📋 Key Facts
- Annual Meeting held on May 10, 2024.
- Total shares eligible to vote: 23,595,876; Shares represented: 16,155,749.
- Brett T. Agee reelected as Class II director (9,973,102 votes FOR).
- Carla Mashinski reelected as Class II director (13,615,021 votes FOR).
- Grant Thornton LLP ratified as independent registered public accounting firm for fiscal year ending Dec 31, 2024.
- Non-binding advisory vote on executive compensation approved with 13,673,200 votes FOR.
Ranger Energy Services, Inc. announced its quarterly earnings results for the period ending March 31, 2024 and declared a quarterly cash dividend.
📋 Key Facts
- Announced Q1 2024 financial results (quarter ending March 31, 2024).
- Board of Directors declared a quarterly cash dividend of $0.05 per share.
- Dividend record date: May 17, 2024.
- Dividend payment date: May 31, 2024.
Ranger Energy Services, Inc. announced its financial results for the quarter ended December 31, 2023, and declared a quarterly cash dividend of $0.05 per share.
📋 Key Facts
- Quarterly earnings results for the period ending December 31, 2023 were released on March 4, 2024.
- The Board of Directors declared a quarterly cash dividend of $0.05 per share.
- Dividend record date is March 15, 2024; payment date is April 5, 2024.