Ranger Energy Services (RNGR) Expected to Announce Quarterly Earnings on Monday

Ranger Energy Services (NYSE:RNGR) will likely be issuing its quarterly earnings data after the market closes on Monday, March 3rd. Analysts expect the company to announce earnings of $0.19 per share and revenue of $142.60 million for the quarter. Investors that wish to listen to the company’s 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 stock has a market capitalization of $370.31 million, a PE 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. The stock’s fifty day simple moving average is $16.67 and its two-hundred day simple moving average is $14.56.

Insider Activity at Ranger Energy Services

In related news, Director Brett T. Agee sold 19,209 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $15.30, for a total transaction of $293,897.70. Following the completion of the sale, the director now owns 1,843,999 shares of the company’s stock, valued at $28,213,184.70. This represents a 1.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 226,337 shares of company stock valued at $3,707,139 over the last quarter. 3.00% of the stock is owned by corporate insiders.

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.