RNGR - Massive Insider Trade At Ranger Energy Services | Benzinga
Charles Leykum, Director at Ranger Energy Services (NYSE:RNGR), reported an insider sell on December 18, according to a new SEC filing.
What Happened: Leykum opted to sell 60,000 shares of Ranger Energy Services, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The transaction's total worth stands at $615,600.
In the Monday's morning session, Ranger Energy Services's shares are currently trading at $10.27, experiencing a down of 0.0%.
Delving into Ranger Energy Services's Background
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.
Ranger Energy Services: A Financial Overview
Decline in Revenue: Over the 3 months period, Ranger Energy Services faced challenges, resulting in a decline of approximately -7.12% ...