Charles Leykum, Director at Ranger Energy Services (NYSE:RNGR), disclosed an insider sell on December 4, according to a recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, Leykum sold 150,170 shares of Ranger Energy Services. The total transaction value is $1,517,642.
Ranger Energy Services shares are trading down 0.0% at $10.32 at the time of this writing on Tuesday morning.
Get to Know Ranger Energy Services Better
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: Delving into Financials
Revenue Growth: Ranger Energy Services's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -7.12%. ...