RNGR - Charles Leykum Implements A Sell Strategy: Offloads $605K In Ranger Energy Services Stock | Benzinga
Charles Leykum, Director at Ranger Energy Services (NYSE:RNGR), executed a substantial insider sell on December 13, according to an SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Leykum executed a sale of 60,000 shares of Ranger Energy Services with a total value of $605,000.
As of Wednesday morning, Ranger Energy Services shares are down by 0.0%, currently priced at $9.96.
Discovering Ranger Energy Services: A Closer Look
Ranger Energy Services Inc is a provider of onshore high specification (high-spec) well service rigs, wireline services, and additional processing solutions and ancillary services in the United States. It offers a range of well site services to leading U.S. exploration and production (E&P) companies that are fundamental to establishing and enhancing the flow of oil and natural gas throughout the productive life of a well. The segments of the group are High Specification Rigs, Wireline Services and Processing Solutions and Ancillary Services, of which key revenue is derived from High Specification Rigs segment.
Unraveling the Financial Story of Ranger Energy Services
Revenue Growth: Ranger Energy Services's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company ...