Ranger Energy Services Inc
For the period ended Dec 31, 2024. Filed Mar 4, 2025.
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FY2024 · Filed Mar 4, 2025
RNGR$12.47-0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except share and per share amounts)
| Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | ||
| High Specification Rigs | $336.1 | $313.3 |
| Wireline Services | 110.2 | 199.1 |
| Processing Solutions and Ancillary Services | 124.8 | 124.2 |
| Total revenue | 571.1 | 636.6 |
| Operating expenses | ||
| Cost of services (exclusive of depreciation and amortization): | ||
| High Specification Rigs | 267.1 | 249.2 |
| Wireline Services | 107.3 | 180.7 |
| Processing Solutions and Ancillary Services | 98.4 | 101.8 |
| Total cost of services | 472.8 | 531.7 |
| General and administrative | 27.8 | 29.5 |
| Depreciation and amortization | 44.1 | 39.9 |
| Impairment of fixed assets | — | 0.4 |
| Gain on sale of assets | (2.2) | (1.8) |
| Total operating expenses | 542.5 | 599.7 |
| Operating income | 28.6 | 36.9 |
| Other expenses | ||
| Interest expense, net | 2.6 | 3.5 |
| Loss on debt retirement | — | 2.4 |
| Total other expenses | 2.6 | 5.9 |
| Income before income tax expense | 26.0 | 31.0 |
| Income tax expense | 7.6 | 7.2 |
| Net income | 18.4 | 23.8 |
| Income per common share | ||
| Basic | $0.82 | $0.97 |
| Diluted | $0.81 | $0.95 |
| Weighted average common shares outstanding | ||
| Basic | 22,518,726 | 24,600,151 |
| Diluted | 22,852,632 | 24,991,494 |
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