Ranger Energy Services (RNGR) Revenue & Revenue Breakdown
Ranger Energy Services Revenue Highlights
Latest Revenue (Y)
$636.60M
Latest Revenue (Q)
$153.00M
Main Segment (Y)
High Specification Rigs
Ranger Energy Services Revenue by Period
Ranger Energy Services Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $636.60M | 4.62% |
| 2022-12-31 | $608.50M | 107.61% |
| 2021-12-31 | $293.10M | 56.07% |
| 2020-12-31 | $187.80M | -44.26% |
| 2019-12-31 | $336.90M | 11.15% |
| 2018-12-31 | $303.10M | 96.82% |
| 2017-12-31 | $154.00M | 191.67% |
| 2016-12-31 | $52.80M | 149.06% |
| 2015-12-31 | $21.20M | - |
Ranger Energy Services generated $636.60M in revenue during NA 2023, up 4.62% compared to the previous quarter, and up 210.03% compared to the same period a year ago.
Ranger Energy Services Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $153.00M | 10.79% |
| 2024-06-30 | $138.10M | 0.88% |
| 2024-03-31 | $136.90M | -9.64% |
| 2023-12-31 | $151.50M | -7.85% |
| 2023-09-30 | $164.40M | 0.74% |
| 2023-06-30 | $163.20M | 3.62% |
| 2023-03-31 | $157.50M | 2.07% |
| 2022-12-31 | $154.30M | -12.82% |
| 2022-09-30 | $177.00M | 15.23% |
| 2022-06-30 | $153.60M | 24.27% |
| 2022-03-31 | $123.60M | 0.41% |
| 2021-12-31 | $123.10M | 50.67% |
| 2021-09-30 | $81.70M | 63.40% |
| 2021-06-30 | $50.00M | 30.55% |
| 2021-03-31 | $38.30M | -7.71% |
| 2020-12-31 | $41.50M | 19.94% |
| 2020-09-30 | $34.60M | 12.70% |
| 2020-06-30 | $30.70M | -62.10% |
| 2020-03-31 | $81.00M | 1.00% |
| 2019-12-31 | $80.20M | -4.64% |
| 2019-09-30 | $84.10M | -0.24% |
| 2019-06-30 | $84.30M | -4.53% |
| 2019-03-31 | $88.30M | 3.52% |
| 2018-12-31 | $85.30M | 3.90% |
| 2018-09-30 | $82.10M | 12.31% |
| 2018-06-30 | $73.10M | 16.77% |
| 2018-03-31 | $62.60M | 24.95% |
| 2017-12-31 | $50.10M | 21.90% |
| 2017-09-30 | $41.10M | 21.96% |
| 2017-06-30 | $33.70M | 15.81% |
| 2017-03-31 | $29.10M | 10.65% |
| 2016-12-31 | $26.30M | 63.35% |
| 2016-09-30 | $16.10M | 187.50% |
| 2016-06-30 | $5.60M | 16.67% |
| 2016-03-31 | $4.80M | - |
Ranger Energy Services generated $153.00M in revenue during Q3 2024, up 10.79% compared to the previous quarter, and up 93.75% compared to the same period a year ago.
Ranger Energy Services Revenue Breakdown
Ranger Energy Services Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Wireline Service | $199.10M | $197.00M | $117.90M | - | - |
| High Specification Rigs | $313.30M | $293.20M | $140.10M | - | - |
| Processing Solutions And Ancillary Services | $124.20M | $118.30M | $35.10M | - | - |
| Processing Solutions | - | - | - | $6.80M | $20.50M |
Ranger Energy Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: High Specification Rigs (49.21%), Wireline Service (31.28%), and Processing Solutions And Ancillary Services (19.51%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High Specification Rigs | $86.70M | $82.70M | $79.70M | $79.00M | $79.20M | $77.60M | $77.50M | $72.60M | $79.70M | $76.00M | $64.90M | $59.50M | $21.70M | - | - | - | - | - | - | - |
| Processing Solutions And Ancillary Services | $36.00M | $30.90M | $24.40M | $31.00M | $32.00M | $31.10M | $30.10M | $33.40M | $36.70M | $28.10M | $20.10M | - | - | - | - | - | - | - | - | - |
| Wireline Services | $30.30M | $24.50M | $32.80M | $53.20M | $54.50M | $49.90M | $60.60M | $49.50M | $38.60M | - | - | - | - | - | - | - | - | - | - | - |
| Processing Solutions | - | - | - | - | - | - | - | - | - | - | - | - | $1.00M | $1.20M | $1.10M | $1.20M | $1.20M | $1.60M | $2.80M | $6.30M |
| Completion And Other Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.60M | - | - | - | - |
Ranger Energy Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: High Specification Rigs (56.67%), Processing Solutions And Ancillary Services (23.53%), and Wireline Services (19.80%).
Ranger Energy Services Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CHX | ChampionX | $3.76B | $906.53M |
| MRC | MRC Global | $3.41B | $806.00M |
| NEX | NexTier Oilfield Solutions | $3.24B | $945.09M |
| PUMP | ProPetro | $1.63B | $360.87M |
| RES | RPC | $1.62B | $337.65M |
| XPRO | Expro Group | $1.51B | $422.83M |
| WHD | Cactus | $1.10B | $293.18M |
| OIS | Oil States | $782.28M | - |
| NR | Newpark Resources | $749.60M | $179.01M |
| RNGR | Ranger Energy Services | $636.60M | $153.00M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| DRQ | Dril-Quip | $2.56M | $110.30M |
RNGR Revenue FAQ
What is Ranger Energy Services’s yearly revenue?
Ranger Energy Services's yearly revenue for 2023 was $636.6M, representing an increase of 4.62% compared to 2022. The company's yearly revenue for 2022 was $608.5M, representing an increase of 107.61% compared to 2021. RNGR's yearly revenue for 2021 was $293.1M, representing an increase of 56.07% compared to 2020.
What is Ranger Energy Services’s quarterly revenue?
Ranger Energy Services's quarterly revenue for Q3 2024 was $153M, a 10.79% increase from the previous quarter (Q2 2024), and a -6.93% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $138.1M, a 0.88% increase from the previous quarter (Q1 2024), and a -15.38% decrease year-over-year (Q2 2023). RNGR's quarterly revenue for Q1 2024 was $136.9M, a -9.64% decrease from the previous quarter (Q4 2023), and a -13.08% decrease year-over-year (Q1 2023).
What is Ranger Energy Services’s revenue growth rate?
Ranger Energy Services's revenue growth rate for the last 3 years (2021-2023) was 117.20%, and for the last 5 years (2019-2023) was 88.96%.
What are Ranger Energy Services’s revenue streams?
Ranger Energy Services's revenue streams in c 23 are Wireline Service, High Specification Rigs, and Processing Solutions And Ancillary Services. Wireline Service generated $199.1M in revenue, accounting 31.28% of the company's total revenue, up 1.07% year-over-year. High Specification Rigs generated $313.3M in revenue, accounting 49.21% of the company's total revenue, up 6.86% year-over-year. Processing Solutions And Ancillary Services generated $124.2M in revenue, accounting 19.51% of the company's total revenue, up 4.99% year-over-year.
What is Ranger Energy Services’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Ranger Energy Services was High Specification Rigs. This segment made a revenue of $313.3M, representing 49.21% of the company's total revenue.