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Ranger Energy Services, Inc. Announces Q4 2024 and Full Year 2024 Results

1. RNGR reports record results and a 20% dividend increase. 2. Continued growth in High-Specification Rigs and ancillary services boosts investor confidence.

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FAQ

Why Bullish?

The announcement of record performance and increased dividend suggests strong financial health. Historical examples show that similar announcements often lead to stock price appreciation.

How important is it?

The substantial dividend increase and record performance create high relevance for RNGR's future stock performance.

Why Short Term?

Positive earnings and dividend increases typically lead to immediate investor interest and potential stock price increases, as seen after past earnings reports.

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HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its fourth quarter and full year 2024 results, highlighting record performance in High-Specification Rigs, growth in Ancillary Services, and significant shareholder returns for the year through both dividends and share repurchases. Ranger also announced an increase of its quarterly dividend by 20% to $0.06 per share, reflecting continued confidence in the underlying strength and futur.

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