NYSE$RNGR

Ranger Energy Services Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Ranger Energy Services reported a decrease in revenue and a net loss for Q4 2019, but demonstrated strong cash flow generation and debt reduction.

Ranger Energy Services announced its Q4 2019 results, reporting a decrease in revenue to $80.2 million and a net loss of $0.1 million. However, the company generated $16 million in cash flow from operations and reduced net debt by $11 million during the quarter. High Specification Rigs posted the highest rig hours of the year, while Wireline continued to gain market share.

  • Generated $16 million in cash flow from operations during Q4.
  • Reduced net debt by $11 million in Q4.
  • High Specification Rigs segment achieved its highest rig hours of the year.
  • Wireline business continued to gain market share despite industry-wide completions activity drop.

Headline financials

Total Revenue

$80.2M

Previous: $85.3M-6.0%
EPS (adj)

-$0.01

Previous: $0.11-109.1%
Adjusted EBITDA

$11.4M

No prior period
Capital Expenditures

$4.6M

Previous: $19.8M-76.8%
Free Cash Flow

$11M

Previous: -$17.1M+164.3%
Net Income

-$100K

Previous: $1M-110.0%
Operating Income

$1.6M

Previous: $3.3M-51.5%
Gross Profit

$8.1M

Previous: $10.3M-21.4%
Cash & Equivalents

$6.9M

Previous: $2.6M+165.4%
Total Assets

$294M

Previous: $303M-3.0%
Stock-Based Comp

$900K

Previous: $500K+80.0%

Revenue & EPS history

Ranger Energy Services · Revenue · Quarterly

$80.2M

Q4 2019-6%vs Q4 2018
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

Ranger Energy Services · $80.2M total across 3 segments · Q4 2019

  • Wireline Services
    $41.1M
  • High Specification Rigs
    $34.8M
  • Processing Solutions
    $4.3M

Forward guidance

Ranger Energy Services expects to continue to generate significant cash flow throughout the year and is planning a balanced capital allocation program.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-1.0%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+1.1%

Avg return

30 days after

39%

14 / 36 earnings

Positive

+15.4%

Q3 2020

Best reaction

-20.1%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.4%-6.9%-17.6%
Q4 2025-2.9%-4.4%-3.7%
Q3 2025-0.7%+0.1%+3.9%
Q2 2025-1.4%+0.3%+7.1%
Q1 2025-12.1%-5.8%-15.6%
Q4 2024-2.1%-9.7%-18.2%
Q3 2024+3.3%+6.7%+33.8%
Q2 2024+12.0%+4.9%+8.9%
Q1 2024+1.6%+0.4%+0.4%
Q4 2023+4.9%+4.4%+8.9%
Q3 2023-11.4%-12.6%-26.4%
Q2 2023+6.6%+19.5%+17.0%
Q1 2023-2.8%-1.3%-1.6%
Q4 2022+2.6%+2.2%-2.9%
Q3 2022+3.7%+5.2%+10.8%
Q2 2022-3.0%-3.5%+7.6%
Q1 2022+6.3%-1.8%+14.1%
Q4 2021+9.6%+7.4%-5.8%
Q3 2021-0.8%+0.6%-2.2%
Q2 2021-3.1%-9.7%-10.7%
Q1 2021+3.1%+7.8%+35.0%
Q4 2020+3.0%+7.1%+3.9%
Q3 2020+15.4%+6.1%+29.6%
Q2 2020-10.7%-11.0%-7.1%
Q1 2020-1.3%-6.9%-7.3%
Q4 2019-1.6%-2.0%-44.5%
Q3 2019-5.7%+0.0%+33.4%
Q2 2019-14.6%-11.2%-10.0%
Q1 2019+7.5%+4.2%-14.4%
Q4 2018-2.2%+0.8%+34.0%
Q3 2018-0.3%+11.3%+15.5%
Q2 2018-6.8%-3.8%-10.3%
Q1 2018-2.8%-2.3%+2.5%
Q4 2017-4.0%-8.3%-20.7%
Q3 2017-20.1%-21.4%-12.2%
Q2 2017+2.6%+2.3%+3.5%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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