Ranger Energy Services, Inc. Announces Q1 2023 Financial and Operational Results
Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the first quarter ended March 31, 2023.
- Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the first quarter ended March 31, 2023.
- “Considering this progress and our previously announced capital return program, we initiated a share repurchase program late in the first quarter.
- As previously communicated, we will continually evaluate capital return and deployment options that provide shareholders with the highest return opportunity.
- The Company’s full-year 2023 financial guidance is unchanged and continues to reflect revenue growth and improved Adjusted EBITDA margins resulting from efforts to improve asset utilization and operating efficiency.