Ranger Energy Services (RNGR) to Release Earnings on Monday

Ranger Energy Services (NYSE:RNGR) is anticipated to release its earnings data after the market closes on Monday, March 3rd. Analysts expect Ranger Energy Services to post earnings of $0.19 per share and revenue of $142.60 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Ranger Energy Services Trading Up 1.0 %

Shares of NYSE RNGR opened at $16.65 on Friday. The company has a 50 day simple moving average of $16.67 and a two-hundred day simple moving average of $14.56. The stock has a market cap of $370.31 million, a price-to-earnings ratio of 25.22 and a beta of 0.55. Ranger Energy Services has a 12 month low of $9.27 and a 12 month high of $18.45.

Insider Activity at Ranger Energy Services

In related news, Director Brett T. Agee sold 54,608 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $17.06, for a total transaction of $931,612.48. Following the sale, the director now directly owns 2,059,499 shares of the company’s stock, valued at $35,135,052.94. This trade represents a 2.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 226,337 shares of company stock worth $3,707,139 over the last three months. Company insiders own 3.00% of the company’s stock.

About Ranger Energy Services

Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.