Ranger Energy Services is a holding company. Through its subsidiaries, Co. is a provider of onshore well service rigs, wireline services, and additional processing solutions and ancillary services. Co.'s operations take place in various active oil and natural gas basins in the U.S. Co.'s segments are: High Specification Rigs, which provides well and complementary equipment and services to facilitate operations throughout the lifecycle of a well; Wireline Services, which provides wireline completion and production services necessary to bring a well on production; and Processing Solutions and Ancillary Services, which is utilized in conjunction with its High Spec Rigs and Wireline Services. The RNGR average annual return since 2017 is shown above.
The Average Annual Return on the RNGR average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether RNGR average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RNGR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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