Ranger Energy Services, Inc. (RNGR) stock fundamentals

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Company overview

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. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment has a fleet of 406 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services that are used primarily for pump down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment has a fleet of 72 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; and coiled tubing, decommissioning, and snubbing services, as well as provides proprietary and modular equipment for the processing of natural gas streams. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. The company was incorporated in 2017 and is headquartered in Houston, Texas.

Daily valuation snapshot

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1. Company size

   Ranger Energy Services, Inc.'s recorded market capitalization is $360,859,194.66. It measures the market value of the company's equity, rather than its revenue or cash balance.

2. Price relative to earnings

   RNGR's recorded P/E is 25.23: about $25.23 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.

3. Price relative to book equity

   RNGR's recorded price-to-book ratio is 1.19. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.

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