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

Ranger Energy Services (NYSE:RNGR) is anticipated to issue 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. Parties interested in listening to the company’s conference call can do so using this link.

Ranger Energy Services Trading Down 2.7 %

Shares of NYSE:RNGR opened at $17.41 on Monday. The stock’s 50-day moving average price is $16.44 and its 200-day moving average price is $14.42. Ranger Energy Services has a 12-month low of $9.27 and a 12-month high of $18.45. The stock has a market capitalization of $387.37 million, a P/E ratio of 26.38 and a beta of 0.55.

Insider Transactions at Ranger Energy Services

In related news, Director Brett T. Agee sold 8,236 shares of Ranger Energy Services stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $16.73, for a total transaction of $137,788.28. Following the sale, the director now directly owns 2,350,664 shares in the company, valued at $39,326,608.72. The trade was a 0.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 262,443 shares of company stock worth $4,305,340. 3.00% of the stock is currently owned by 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.