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RNGR - Navigating The Oilfield - Ranger Energy Services' Path Forward
Ranger Energy Services Inc. Class A
2024-01-31 04:38:37 ET
Summary
Ranger Energy Services managed to shine in 2023, despite challenging market conditions, securing respectable profits, and reinforcing its balance sheet.
The recent stability in rig count numbers and positive outlook from industry giants suggest a promising future for RNGR in 2024.
It is worth considering risks as well, especially in light of the outlook given by Baker Hughes.