Ranger Energy Services, Inc. — Form 8-K
Filed August 31, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
Ranger Energy Services agreed to acquire STEP Energy Services' U.S. coiled tubing assets for ~$27.5M ($22.5M cash + $5M equity), closing ~September 11, 2026. The deal includes 13 coiled tubing spreads, ~220 employees, and assets across Permian/Bakken. Pro forma, Ranger adds $80–90M revenue and $10M+ EBITDA in 2027 with $2.5M+ first-year synergies; expected accretive to 2027 earnings.
Why this rating
Deal is ~11% of Ranger's $244M market cap, materially expands coiled tubing segment from ~$35M to $110M+ revenue, positions Ranger as #2 U.S. provider, and adds synergies. Positive: accretive earnings, market leadership, proven tech. Risks: integration, $30M post-close debt, synergy realization.
Tradability signal
NO TRADE
No trade: positive news with only -2.5% moved so far — good news prices in within seconds and long-side continuation has shown no measured edge (this cell: -0.13% over 4 hrs, n=14).
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $16.98 ▲ 2.60% | at our read · unknown $16.55 | +10 min · unknown $16.55 ▲ 0.00% | +30 min · unknown $16.55 ▲ 0.00% | +1 hr · unknown $16.55 ▲ 0.00% | +4 hrs · unknown $16.91 ▲ 2.15% |
The stock had already moved -2.53% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
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EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.