Ranger Energy Services, Inc. (RNGR) To Go Ex-Dividend on March 20th

Ranger Energy Services, Inc. (NYSE:RNGRGet Free Report) declared a quarterly dividend on Thursday, March 5th. Investors of record on Friday, March 20th will be paid a dividend of 0.06 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, March 20th.

Ranger Energy Services has a dividend payout ratio of 23.1% indicating that its dividend is sufficiently covered by earnings.

Ranger Energy Services Price Performance

RNGR opened at $16.47 on Friday. Ranger Energy Services has a fifty-two week low of $10.56 and a fifty-two week high of $17.89. The company’s 50 day moving average price is $15.70 and its two-hundred day moving average price is $14.38. The firm has a market capitalization of $355.92 million, a price-to-earnings ratio of 30.50 and a beta of 0.15.

Ranger Energy Services (NYSE:RNGRGet Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.06). The business had revenue of $142.20 million during the quarter, compared to the consensus estimate of $140.67 million. Ranger Energy Services had a return on equity of 4.65% and a net margin of 2.25%.

Key Headlines Impacting Ranger Energy Services

Here are the key news stories impacting Ranger Energy Services this week:

Ranger Energy Services Company Profile

(Get Free Report)

Ranger Energy Services, Inc, based in The Woodlands, Texas, is a North American land drilling contractor serving exploration and production companies in the oil and natural gas industry. The company provides contract drilling, well servicing, pressure pumping and completion support services designed to enhance operational efficiency and optimize well performance.

Through its diversified fleet of drilling and service rigs and ancillary equipment, Ranger offers turnkey solutions across all phases of the drilling lifecycle—from pad construction and drilling to completion and workover operations.

See Also

Dividend History for Ranger Energy Services (NYSE:RNGR)

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