Ranger Energy Services, Inc.

For the period ended Mar 31, 2025. Filed Apr 30, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 30, 2025

RNGR$11.25-9.8%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

(in millions, except share and per share amounts)

	Three Months Ended
	March 31,
	2025	2024
Revenue
High specification rigs	$87.5	$79.7
Wireline services	17.2	32.8
Processing solutions and ancillary services	30.5	24.4
Total revenue	135.2	136.9
Operating expenses
Cost of services (exclusive of depreciation and amortization):
High specification rigs	70.1	66.3
Wireline services	20.3	32.6
Processing solutions and ancillary services	25.0	21.9
Total cost of services	115.4	120.8
General and administrative	7.1	6.7
Depreciation and amortization	10.6	11.2
Impairment of assets	0.4	—
Loss (gain) on sale of assets	0.7	(1.3)
Total operating expenses	134.2	137.4
Operating income (loss)	1.0	(0.5)
Other expenses
Interest expense, net	0.5	0.8
Total other expenses	0.5	0.8
Income (loss) before income tax expense (benefit)	0.5	(1.3)
Income tax expense (benefit)	(0.1)	(0.5)
Net income (loss)	0.6	(0.8)
Income (loss) per common share
Basic	$0.03	$(0.04)
Diluted	$0.03	$(0.03)
Weighted average common shares outstanding
Basic	22,308,855	22,738,286
Diluted	23,111,467	22,922,284

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.