John Daniel

Donald Crist

Derek Podhaizer

Don Crist

Jeffrey Robertson

Peter Sidoti

- Ranger Energy Services (RNGR) positions itself as the **largest well service provider** in the US, with **80%** of its work focused on production services, offering through-cycle stability.  **[1699039_tx_375141_1]** **[1699039_tx_375141_2]** 
- The company maintains a **strong financial position**, reporting **zero net debt** and **$120 million** in total liquidity as of **June 30**.  **[1699039_tx_375141_2]**  It achieves high free cash flow conversion, converting approximately **67%** of its trailing twelve-month EBITDA into free cash flow.  **[1699039_tx_375141_1]** 
- Ranger demonstrates a strong commitment to **shareholder returns**, having deployed over **$48 million** towards share repurchases and dividends, reducing its share count from **24.8 million** to **21.8 million**.  **[1699039_tx_375141_7]** 
- A new growth path involves the "Echo Rig" program, which electrifies existing idle rigs at a conversion cost of approximately **$1.4 million** per rig, with **two customer contracts already signed** that include guaranteed returns.  **[1699039_tx_375141_4]** **[1699039_tx_375141_8]**  The company expects to convert **10-15 rigs per year**.  **[1699039_tx_375141_8]**