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Here is Why Ranger Energy (RNGR) Soared This Week

By Sultan Khalid | July 31, 2025, 9:20 PM

The share price of Ranger Energy Services, Inc. (NYSE:RNGR) surged by 13.59% between July 23 and July 30, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Here is Why Ranger Energy (RNGR) Soared This Week
A close-up of a worker standing next to a high-specification rig at an oil field.

Ranger Energy Services, Inc. (NYSE:RNGR) is one of the largest providers of high specification mobile rig well services, cased hole wireline services, and ancillary services in the US oil and gas industry.

Ranger Energy Services, Inc. (NYSE:RNGR) soared after the company announced better-than-expected results for its Q2 2025 this week, beating estimates and posting growth in both profits and revenue. The oilfield services provider also generated $14.4 million of free cash flow during Q2, ending the quarter with available cash of $48.9 million and $120.1 million of total liquidity.

Ranger Energy Services, Inc. (NYSE:RNGR) also remains committed to its shareholders and reported $3.3 million of share repurchases during the second quarter of 2025. Moreover, the company declared a quarterly cash dividend of $0.06 per share, to be payable on August 22, 2025.

Ranger Energy Services, Inc. (NYSE:RNGR) also announced a major technological step forward with the launch of the next-generation electrified workover rig, Ranger ECHO, which is poised to reshape well servicing work.

While we acknowledge the potential of RNGR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Crude Oil Stocks to Buy According to Hedge Funds and The 5 Energy Stocks Billionaires are Quietly Piling Into.

Disclosure: None.

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